So I recently came across the idea of accumulating some wealth in BTC/ETH and instead of selling your crypto and triggering capital gains, you’d take out a crypto-backed loan to have access to your money without directly selling the coins. My question is, at what point do you pay back your loan amount? Is there…
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Fortunate enough to have a little unexpected scratch at my disposal this week and am looking to pick up a new holding before this bullrun takes off. (Please crypto gods let this bullrun happen as prophesied) What's something that feels criminally undervalued right now? I currently hold BTC, ETH, DOT, CKB, AMP, and HBAR, so…
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Square Inc. has reported bitcoin revenue of $1.82 billion in the third quarter, an 11% increase from the same period last year. Its bitcoin gross profit was $42 million during the time period, a 29% increase year-over-year. Square’s Bitcoin Profit up 29% in Q3 In the company’s Q3 2021 Shareholder Letter, published Thursday, Square Inc. […]
As I’m getting more raven thinking of creating an asset and minting some art. First question is what is the best asset wallet? Or wallet you can store assets in? Also is there a interest in dragon ball nfts from the community? It’s a show I loved as a kid and just gauging interest before…
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Gold Standard The appeal of a gold standard is that it arrests control of the issuance of money out of the hands of imperfect human beings. With the physical quantity of gold acting as a limit to that issuance, a society can follow a simple rule to avoid the evils of inflation. The goal of…
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We are given three choices when trying to send a small amount of ethereum from binance wallet to myetherwallet. BEP2, BEP20 OR ERC20? Which is the correct one to use please? We sent a small token amount using ERC20 and the funds came through OK. Just want to check this is the correct method before…
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Digital asset marketplace Bakkt on Friday announced that users and partners will soon be able to buy, sell and hold ether (ETH). Users will also be able to send Ethereum to family and friends through its app. Institutional clients can also choose the Bakkt Warehouse for custody of ether. Related Reading | Bakkt and CME launch new products, Bitcoin’s price reacts accordingly The platform is adding ethereum to bitcoin, which it already offers. With these two coins, its users have access to two cryptocurrencies representing more than half of the total market value of all cryptocurrencies. The company, however, did not give a specific date for when the Ethereum offer will be available to its users. The U.S. company also offers several other crypto services. They include a monthly bitcoin futures contract, crypto payments with a Visa debit card, as well as a Bakkt card with Apple or Google pay. Offering Ethereum To Users Bakkt’s decision to add Ethereum to its offering comes amid growing interest and adoption of cryptocurrencies. In a survey that the platform conducted, nearly half of respondents said they had bought some form of cryptocurrency within the last year. Others also expressed interest in adopting the asset class before year-end. ETH price at $4,494.99 | Source: ETHUSD on TradingView.com Ethereum has become very popular over the years, and it is currently the second-largest crypto with a market cap of approximately $532 Billion. “By giving users greater opportunities to utilize their digital assets such as Ethereum, including buying, selling, spending, and sending, Bakkt facilitates the flow of digital commerce in line with the company’s mission of connecting the digital economy.” Speaking on the platform’s latest announcement, CEO Gavin Michael said, “At Bakkt, providing flexible opportunities for users to enjoy their digital assets is a top consideration, and adding Ethereum brings a popular and growing cryptocurrency to our roster.” “Bakkt users have already enjoyed the app’s capabilities to leverage bitcoin and we are confident that our addition of Ethereum will be a complement to our growing ecosystem of partners and assets.” Bakkt Providing Easy Access To Crypto The company has been on a mission to expand crypto adoption. It started trading as a public company on the New York Stock Exchange last month following a merger with VPC Impact Acquisition Holdings. The company partnered with Google in October to allow users to spend their crypto with the Bakkt Visa debit card at all merchants that use Google Pay. It is also using Google Cloud to build new analytics with artificial intelligence, machine learning, and geolocation. Related Reading | Mastercard Furthers Investment Into Crypto Card Integration Also, in October, it partnered with Mastercard to enable institutions to offer a broad set of cryptocurrency solutions and services to customers. This partnership resulted in Bakkt’s shares jumping to more than $25 per share. Featured image by Financial Times, Chart from TradingView.com
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Let’s be honest, most people on this sub didn’t get into coins like Bitcoin and Ethereum early enough to get 10x+ returns. But the good thing about this crazy market is that there has been so much opportunity in the last few years that many people have made small fortunes in altcoins. For me, the…
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