From investment point of view i will still support the top ones like bitcoin, ethereum and xrp because in my opinion all these are here to stay and long term view is bullish, by the end of the year i also expect these to grow 2-3x from current price levels.
Not only negative news was saturated with the outgoing week. So, on Friday, August 3, it became known that the parent company of the new York stock exchange (NYSE) and one of the world's largest financial corporations Intercontinental Exchange (ICE) are working to create a platform Bakkt. Bakkt will allow users and institutional investors to buy, sell and store digital assets in the global ecosystem. Giants such as Microsoft, Starbucks and the Boston Consulting Group (BCG) are also involved in the creation of the new platform. Ecosystem Bacct will include regulated at the Federal level, stock exchange, custodian services, apps for merchants and users. The first crypto asset in the listing of the new platform will be bitcoin, which will be traded in pairs with the Fiat currency. In addition, in November of this year, ICE plans to launch a supply of futures for bitcoin, which includes Calculations with the underlying asset, and not the monetary equivalent (as in the case of CME or CBOE). Soon it became known that the famous coffee network Starbucks will offer customers the opportunity to buy a favorite drink for bitcoins. In this case, the cryptocurrency will be automatically converted to Fiat at the time of payment.This once again suggests that coins such as bitcoin and Ethereum will grow several times.
