Like many, you are looking for the best crypto to invest in during this year. Here's a few coins to watch.

Thousands of different cryptocurrencies are available today. Many investors choose to invest in cryptocurrency because they know that they will be able to make money from it in the future. However, investments like this come with several risks that must be considered before making any investment decision.

You can find different ways to invest in cryptocurrency without taking on too much risk. One such method is learning about the risks associated with investing in cryptocurrency before making your final decision. Informed decisions help reduce the risk of losing money due to poor investments.

## [Bitcoin](/coins/btc)

Bitcoin remains the most popular and most valued cryptocurrency in the world today. This is the first one to be created, and it still beats the rest of them by market cap. This digital currency's price has skyrocketed in recent months and years, but it remains to be seen if this trend will continue. In any case, it's safe to say that Bitcoin will be a significant player in the cryptocurrency space for years to come.

Despite the price fluctuation, Bitcoin's popularity has increased due to its recent rise in price. This is one of the crypto coins that will likely continue to grow in 2022. Bitcoin is far from obsolete and it has a long way to go before losing its value completely.

## [Ethereum (ETH)](/coins/eth)

Ethereum is another cryptocurrency-related platform like Bitcoin, but with more possibilities than just being a currency. The blockchain technology used here allows developers to create decentralised applications. This significantly reduces any fraud possibilities and other risks involved with central servers. Like Bitcoin, Ethereum uses blockchain technology, allowing transactions to be safely and securely verified on a public ledger. But Ethereum also has some unique features — most notably, smart contracts and decentralized applications. This makes Ethereum a versatile platform that could provide significant benefits over traditional applications in the future.

## [Litecoin (LTC) ](/coins/ltc)

Litecoin was founded in 2011 as a fork of Bitcoin by Charlie Lee, a former Google employee.

Litecoin has been around since 2011. While it might not have the same "coolness" factor as Bitcoin or Ethereum, it still holds its own when it comes to usability and accessibility.

Litecoin uses the same algorithms as Bitcoin but optimizes them for faster transactions and cheaper fees, making it more accessible for micropayments and everyday purchases than its predecessor.

Litecoin also has a larger supply than Bitcoin (84 million versus 21 million).

For starters, Litecoin has more coins available than both of these other cryptocurrencies — 84 million compared to 21 million for each of them.

## [Tron (TRX) ](https://tron.network/)

Tron was released back in 2017 by Justin Sun using an ERC20 token on the Ethereum Network before it migrated over to its own blockchain in 2018. Tron is based on a decentralized platform that aims to make content sharing easier for everyone worldwide using distributed storage technology.

What is good about this project is that Justin Sun is focused on achieving his goal by building a strong community and adding more promising features and products

## Binance Coin 

Binance Coin (BNB) is well known as the official coin of Binance, where you can use it on the exchange and trade it against other cryptocurrencies. Its platform has become one of the most popular crypto exchanges on the planet and has attracted many active users. Its platform has become one of the most popular trading platforms globally, thanks to the success of BNB. The BNB coin is available in a variety of trading pairs and also functions as a governance token where holders can vote on new listing proposals. Binance is one of the most successful ICOs ever made, with a current market cap of $2.2 billion! That's pretty impressive!

## Conclusion

Now that you know how to make money in cryptocurrency, you might be wondering which crypto coins are worth investing in. With thousands of cryptocurrencies available today, it's challenging to determine which ones will grow in the future.



What is the Best Crypto to Invest in?

Here's where we take a look at ADA news, crypto markets and how Cardano is doing.

Bitcoin has been in a significant uptrend for several months, but other cryptocurrencies are starting to catch up.

Cardano, for example, has seen a 5% price increase in the past 24 hours as ADA reaches $1.50 for the first time since 2018 and continues its bullish momentum.
The number of Cardano wallets has hit an all-time high.

Data from Glassnode shows that there are now more than 1.3 million active retail wallets on Cardano's network, the highest number ever recorded.
This is a significant milestone because it exceeds the previous record of 1.2 million sets at the peak of the 2017 bull cycle.

## ADA News Crypto: Number of active wallets

Also, [Cardano (ADA)](/news/article/ada-coin-price-prediction) reached a new all-time high in terms of the number of active wallets at the end of March. The retail interest in Cardano increased on the back of ADA’s price rally, which pushed above $1.30 for the first time.

According to data from IntotheBlock, ADA had as many as 315,000 active retail wallets at the end of March. This is a new all-time high for Cardano and represents a 15% increase over February.
The number of active retail wallets for ADA has been steadily growing since January 2021, which coincides with Cardano’s massive price rally and increased adoption by institutions.

On the institutional side, Grayscale added over 690,000 ADA to its asset base in March alone. This takes Grayscale’s ADA holdings to 2 million tokens or close to $3 billion.
The firm now holds over 2% of all outstanding ADA tokens, according to data from IntoTheBlock.

Cardano’s price also neared its record high after rallying to $1.30 on Binance earlier today. At the time of writing, ADA trades at $1,210 with a market cap of $38 billion.

## ADA News Crypto: The price of ADA

Cardano (ADA) is a relatively new cryptocurrency protocol. It was designed to be a blockchain-based platform that allows decentralized applications and smart contracts.
Cardano was envisioned as a third-generation blockchain, the successor of Litecoin and Ethereum. Cardano has a single native asset called ADA, used for all transactions on the network.
The ADA price has seen an impressive rally this year, fueled by the growing interest in decentralized finance (DeFi).

At press time, ADA is trading at nearly $1.25 — this marks an impressive 471% increase from its yearly low of $0.21 set in March 2020.

## Ada News Crypto: Cardano (ADA) Becomes one of the hottest cryptocurrency

Cardano (ADA) is currently one of the hottest cryptocurrencies on the market, following a strong rally in the past few days. According to data provided by crypto analytics platform SANbase, Cardano's retail wallets reached an all-time high, surpassing the previous ATH established in February 2020 by 30%.

The increased interest in Cardano comes as the network prepares to upgrade its Shelley mainnet with a new hard fork called Mary. The upgrade will add multi-asset support and native tokens to Cardano. The fork is scheduled for February 20th.

Cardano's gains have been part of a broader bull run that has seen BTC reach $50k for the first time last week. In recent weeks, most top coins have rallied significantly, such as WazirX's WRX token or Swipe's SXP coin.


ADA News - Crypto Prices for Cardano 

For most average investors, cryptocurrency is still a strange concept. Because crypto and blockchain technologies have so many technical features, there is a rising demand for experts in the cryptocurrency field who can educate investors on the fundamentals.

This could take the shape of day-to-day crypto trading, researching various currencies, or simply offering general market comments.

Blockchain Backer is one of several gurus in the burgeoning cryptocurrency social media sector. Less well known than more popular crypto gurus like Anthony Pompliano, who has been on [CNBC's](https://www.cnbc.com/world/?region=world) Mad Money with Jim Cramer, Blockchain Backer's prominence on Twitter and YouTube is growing. But who's the blockchain expert, and should you pay attention to what he says?

This article looks at a crypto market analyst, a blockchain backer.

## Who is Blockchain Backer?

Charles Shrem is an American entrepreneur, Bitcoin advocate, and popular industry technical analyst. Blockchain Backer is a crypto analyst who discusses the future of the market. His YouTube account has more than 122,000 subscribers, compared with Anthony Pompliano's 162,000. Although there are broader cryptocurrency networks, such as Coin Bureau, Blockchain Backer is now the most popular crypto influencer due to the number of subscribers.

Blockchain Backer even uses his Twitter account to share his market insights. Plus, he uses his website to sell his course on how to understand the cryptocurrency markets from a technical standpoint. His primary focus is on identifying strong crypto exit chances and knowing when to cash out.

In 2011 he became a co-founder of the now non-operational startup company BitInstant. He was a founding member of the Bitcoin Foundation and previously served as vice-chairman. Shrem's investment in cryptocurrency includes Bitcoin, Ethereum, Litecoin, Dash, and Zcash. He is an early investor in BitPay, Kraken, Purse.io, and ShapeShift.

Shrem founded Unikrn with Rahul Sood in 2014 to provide online betting platforms for competitive video gaming. He was, in December 2014, sentenced to two years in prison for helping to operate an unlicensed money transfer business linked with the Silk Road marketplace. He was set free from federal prison in 2016. A year later, he became a partner of Barry Silbert's Digital Currency Group, which launched a new crypto investment fund known as CryptoIQ. 

### Blockchain Backer featured videos of his interview with Jim Cramer 

Blockchain Backer featured his conversation between Jim Cramer, CNBC's Mad Money host, and Anthony Pompliano in recent Youtube videos. In one video, he said that he believed the present Bitcoin uptrend was nearing its peak.

## Blockchain Backer outlook on Crypto Market 

### What's the current state of the cryptocurrency market?

Blockchain Backer: The current state of the cryptocurrency market is quite interesting. It's matured. There was a time when it was completely immature and there were lots of scams, but now we're seeing more institutional money coming in and people who want to create value in this space. It's not just a bunch of noobs with no experience who are trying to make a quick buck, although they still exist, they're not as prevalent as they were before. I think it's good for the industry.

### Would you say that bitcoin has become mainstream now?

Blockchain Backer: Bitcoin is mainstream now; bitcoin is bigger than ever before. The price may, or it may not be, higher than ever before, but that's not necessarily the real metric here - it depends on how much value is being transferred around through bitcoin, and bitcoin is being used more and more every day by everyone: big companies like Microsoft and Dell; regular eCommerce stores; individuals all over the world are using bitcoin to transfer money to each other quickly, cheaply, safely and anonymously.

### What are your thoughts on the current status of ICOs?

Blockchain Backer: It's still an unclear regulatory environment, but there is a lot more certainty now than there was a few years ago. The SEC is taking legal action against many fraudulent ICOs, and this trend will continue to grow as they crack down on bad actors in the space.

More [Blockchain news](/news/category/blockchain-news).


Who is Blockchain Backer? Meet the Rising Star

[The Dragons' Den](https://www.bbc.co.uk/programmes/b006vq92) Bitcoin is a scam and they have stolen a lot of money from people. We will look at what Dragon's Den Bitcoin is, how you can spot this scam, and how to prevent yourself from being scammed.

The famous TV show Dragons' Den name has been used to promote illegitimate products on the Internet. Many people have lost money by investing in bogus schemes and products.

Firstly, Dragons' Den Bitcoin is not real. It was created by someone who wanted to make money from people looking for an easy way to invest in [Bitcoin](/coins/btc). It is fake. We will discuss what makes this phony investment so appealing and why people fall for it.

## What is Dragons' Den?

Dragons' Den, produced by the BBC, is a popular UK TV show. It's a reality show where aspiring entrepreneurs pitch their business ideas to experts in the business field and ask for investments. The show is famous worldwide and there are many spin-offs in other countries. The show features a panel of investors known as "dragons" who are willing to invest their own money in business ideas that they like. The Dragons' questions, interrogations, and demands can be intimidating. However, the participants are always up for the task.

## What is the Dragons' Den Bitcoin scam?

The Dragons' Den Bitcoin scam is a fake investment opportunity created to steal your money. It claims, falsely, that it is associated with the popular BBC show. The scam has different versions, but all have one thing in common: they ask you for money in exchange for an investment opportunity that does not exist. The scammers use high-pressure tactics to convince you to invest in their fake Bitcoin trading platform and steal your money. They present you with false claims about what will happen if you do not act on their offer.

Scammers have been luring unwitting investors into trading with their money by exploiting photographs of personalities from the TV show Dragons' Den. Their photographs and comments have enticed users into a get-rich-quick Bitcoin scam on websites and social media.

The Dragons Den Bitcoin scam is an example of how fake sites use the names of well-known public figures, celebrities, and TV shows to promote a get-rich-quick scheme. It’s not a real investment opportunity.

We are seeing a new twist on a classic cryptocurrency fraud, and victims are being duped out by scammers who promise high returns on investments in Bitcoin.

So far, some of the versions of the Dragons Den Bitcoin scam include:

- A fake news report claiming Deborah Meaden, one of the original investors on Dragons' Den, made a £250,000 investment in Bitcoin after seeing how it had been making people huge fortunes.
- A fake interview with Sarah Davies and Jenny Campbell, two new investors on Dragons' Den, claiming they had invested in Bitcoin after they saw how it was helping people make money.
- A fake interview with Peter Jones claiming he was starting a Bitcoin investment program after seeing how it had been making many people rich.

The fraudsters present themselves as legitimate businesses and offer exceptionally high returns on investment. But rather than investing your money, the fraudsters are stealing it. They use fake celebrity endorsements to convince people that the "opportunity" is genuine.

These scammers have no relation to the real Dragons, but hope people will be fooled into sending money for cryptocurrency investments. There are legitimate ways to invest in Bitcoin and other cryptocurrencies, but you must research these thoroughly before investing your money.

## What to look out for:

If you're offered an amazing opportunity to invest in Bitcoin or another cryptocurrency out of the blue, proceed with extreme caution – or avoid it altogether! These fraudsters are highly convincing and manipulative, often using very subtle tactics to lure you in.

The BBC has investigated several Bitcoin trading platforms and found that some are legitimate, but others are not.

It is reported that some people have lost up to £200,000 after being lured into scams by fake social media posts.

The scammers promised high returns for investors.

They'll tell you that Bitcoin is about to explode onto the mainstream market. This isn't true.

## Conclusion

Dragons' Den bitcoin is a scam. It is not legit. It's a fake get-rich-quick scheme that promises investors huge profits within a short period. People should carry out thorough checks before putting any money into schemes, especially those they hear about through unsolicited emails or adverts online.



Dragons’ Den Bitcoin: Legit or a Scam? 

Time to look at a [Bitcoin](/news/category/bitcoin-news) news prediction. Bitcoin's (BTC) price action hasn't been favourable for investors lately as the king coin tumbled below $40k for the first time since January. Although BTC has since recovered to just above $46k, some analysts still believe that the crypto-asset is unlikely to fall further.

Bitcoin hit a high of $42,000 on January 8, but has since struggled to sustain momentum. It has dropped by more than 40% from its all-time high of $58,300.

According to Bitcoin news prediction data from [CoinMarketCap](https://coinmarketcap.com/currencies/bitcoin/), BTC currently trades around $46,200, up by 1.51% in the past 24 hours. BTC is up by 2.8% in the last seven days and down by 11.9% in the past month.

After surging early in the day, bitcoin was largely steady on Sunday evening, while the crypto share price increased 0.9% to $2.2 trillion.
Bitcoin trading volume in the last 24-hour is $27,374,680,521. The market is still trending down with good volume as investors sell off their cryptos in anticipation of further losses.

The Google search trend for the keyword "bitcoin" is lower than yesterday. Perhaps this indicates that fewer people are searching Google for information about bitcoin than they were 24 hours ago.

The social media buzz on forums such as Reddit and Twitter has increased since yesterday. Still, the sentiment remains steady, with some positive and negative posts by different users.

Overall, I think that today's outlook for bitcoin is neutral to slightly bullish. I believe there will be more upside potential as we approach August 1 when the BIP148 user-activated soft fork happens on the Bitcoin network.

## Bitcoin News Prediction and Forecast

Predicting Bitcoin price has always been a hot topic in the cryptocurrency industry. Many people are interested in predicting future bitcoin prices, especially if they consider investing in bitcoin.

Cryptocurrencies will grow and become more valuable, that is not in doubt. However, no one can be sure where Bitcoin will be in the next few years.

Generally, if an asset increases significantly (e.g., by more than $10k), there will be a correction period where it will fall back to its original level. This is not always the case with Bitcoin, as we have seen. Some analysts believe that this correction period may never come for Bitcoin, or at least not for some time.

## Bitcoin on a Roll. What's Next?

In terms of technicals, BTC is currently trading at a critical support level of $46,000. A sell trend confirmation below this level will take the price to even lower levels.

The next 72 hours will be very telling for bitcoin bulls. If there is no reversal from current levels, we may see a retest of the $40,000 level.
However, while the overall outlook for Bitcoin remains bearish, technical indicators show that BTC/USD is unlikely to fall further in the short term. The RSI has been trending above 30 since March 20, which indicates that sellers are no longer in control. This suggests that Bitcoin will most likely consolidate around current levels over the next few days before making another attempt to break resistance at $50k or even $55k.

## Our Verdict

Bitcoin has been swinging in a wide range since January this year. The BTC/USD pair was seen falling from the highs of $64,000 and then $52,000 to the lows of $43,000 and $46,000. It seems that the coin is finding support at the current price level and is unlikely to fall further. The next leg of the journey will be decided by how Bitcoin manages to stay above the current price level.

As per our Bitcoin news prediction, we believe that there is a significant amount of support for BTC at its current levels. Investors are likely to buy Bitcoin during this period because they see it as an excellent buying opportunity.



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