After Bitcoin Halving in April, Top Crypto Stocks to Acquire

The cryptocurrency market, once plagued by a downward spiral in 2022, is now experiencing a remarkable comeback. This resurgence can be attributed to two major events: the long-awaited approval of Bitcoin ETFs by the SEC and the highly-anticipated Bitcoin halving. These developments have reignited the excitement and optimism of investors, drawing them back to the dynamic world of cryptocurrency.

As the world of finance continues to shift and change, it’s crucial to explore new investment opportunities that have the potential to flourish. Two companies that are currently making waves in this space are Marathon Digital and Coinbase Global – and they’re worth keeping an eye on.

Top Crypto Stocks To Buy

Marathon Digital

Revving up the digital currency race, Marathon Digital has emerged as the top Bitcoin miner in North America. With a remarkable feat of mining over 12,800 Bitcoins in 2023, their success has skyrocketed by a whopping 210% compared to the previous year. Despite facing a stormy start to 2024, Marathon remains undeterred and determined to keep the momentum going.

Revolutionizing the Bitcoin mining scene, Marathon is making bold moves by relocating miners to the booming state of Texas and ramping up their operations. Experts foresee Marathon’s revenue skyrocketing by 35% each year from 2023 to 2026, presenting a lucrative opportunity for investors to ride the wave of the cryptocurrency market’s explosive growth.

Coinbase Global

With a whopping $101 billion in assets under its belt, this major player has solidified its position as the custodian for multiple Bitcoin spot price ETFs. While trading volume took a slight dip in 2023, the third and fourth quarters brought exciting growth as the crypto market roared back to life.

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Coinbase is turning to the stability of stablecoins like Tether to broaden its profit horizons. By reducing its reliance on unpredictable assets such as Bitcoin and Ethereum, the company is paving the way for a more secure future. Experts foresee a promising growth trajectory for Coinbase, with a projected 21% annual revenue boost from 2023 to 2026 and a staggering 40% rise in adjusted EBITDA.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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