Investing

The Psychedelic Industry Joins the Metaverse

Everyone has that one creepy neighbor. Mine has been giving me chills lately. The other day she followed…

The Crypto Crash – Finding Order In Chaos

The crypto markets have tanked. A retrace was inevitable. Now what? Many of our investments are down 90%…

NFTimes Volume 21 – The NFT Community is Naive

Elon Musk, the CEO of Tesla and SpaceX – and new owner of Twitter – seems to be…

10 Rules For Investing In Crypto

Here are some rules new and experienced investors should follow when investing. 1. Have a Strategy An investment…
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SafeMoon Class-Action Lawsuit Targets Jake Paul, Soulja Boy, And Other A-Listers

Among the targeted celebs are YouTube star Jake Paul and American rapper DeAndre Cortez Way, known as Soulja Boy. The lawsuit accuses these celebrities (and many others) of pumping the token through dishonest promotions for the purposes of “rug-pulling.” A recent SafeMoon class-action lawsuit targeted...
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Blockster Weekly Cryptocurrency Update

Recent Price Action Bitcoin – For the first time since mid-November, Bitcoin managed to generate a sustainable weekly advance. More importantly, BTC closed above the critical price level at $39,713 (Chart #1). Therefore, the short-term chart pattern has turned bullish. However, it’s much too early...
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Blockster Weekly Cryptocurrency Update

Recent Price Action Bitcoin – The first month of 2022 was a complete disaster for Bitcoin. During the month of January, BTC lost over 10,000 points. On 21 January, BTC fell below the critical support level at $39,713 (Chart #1). The short-term chart pattern will...
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The Martians: Get Your Ticket To Board The Mars’ Metaverse Project

In this metaverse, everyone can make their dreams come true.The economic system in this metaverse is designed to help all players gain financial benefits through gameplay. Buildings in the starting colony can be purchased using Mars Token (MRST), which players earn through a play-to-earn system....
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Blockster Weekly Cryptocurrency Update

Recent Price Action Bitcoin – The bears are in complete control of all cryptocurrencies, including Bitcoin. BTC collapsed below the critical support level at $39,713 (Chart #1). The next level of support is $31,710 (Chart #2). The short-term chart pattern will remain bearish as long...
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Blockster Weekly Cryptocurrency Update

Recent Price Action Bitcoin – It appears that Bitcoin may have formed an important triple bottom @ 39,713 (Chart #1). As I mentioned in my previous crypto update, this is a critical support level for BTC. If Bitcoin has any chance of recording a new...
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Frogs, Degens, IDOs Oh My…

There is no question that new and exciting things are happening and that cryptocurrency is taking “the way business has always been done” and flushing it down the old school drain. One of those newer funding vehicles is called an Initial Dex Offering or IDO...
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Blockster Weekly Cryptocurrency Update

Recent Price Action Bitcoin – BTC continues to struggle. If we examine the 9-month chart, it appears that Bitcoin formed a major triple top dating back to 14 April 2021 (Chart #1). This is a bad sign for the bullish camp. In order to invalidate...
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INVEST WISELY: BLOCKSTER WEEKLY CRYPTOCURRENCY UPDATE

Recent Price Action Bitcoin – BTC has been unable to generate any type of sustainable rally since mid-November. Each small rally has been met with a wave of selling pressure. The short-term momentum is clearly in favor of the bears. In order to reverse the...
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INVEST WISELY: BLOCKSTER WEEKLY CRYPTOCURRENCY UPDATE

Recent Price ActionBitcoin – BTC has been struggling for seven consecutive weeks. The short-term chart pattern turned bearish when Bitcoin penetrated 50,461 on 6 December (Chart #1). However, the bulls were able to recapture the short-term momentum when BTC generated a weekly close above 50,461...
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What Is Curve Yield Farming And How Does It Work?

The Securities and Exchange Commission expressed its reservations in a recent letter, specifically whether or not the practice should be regulated as a securities offering. What Exactly Is Yield Farming?Depositing money in a bank is essentially making a loan for which you will be compensated...
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UAE Sovereign Wealth Fund Giant Interested In Crypto Ecosystem

Mubadala CEO Not a Crypto SkepticIn a CNBC interview released on Monday (Dec. 13, 2021), Khaldoon Al Mubarak said that the company was investing in the cryptocurrency ecosystem, but did not give further details about the amount that the sovereign wealth fund was allocated for...
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More ETFs On Horizon — What Are ETFs And How Do They Work?

Anyone, anywhere and at any time can participate in the trading and investing of blockchain-based coins and tokens — so long as they have an internet connection (and a reasonably tolerant jurisdictional authority). While this current mega rally in the virtual currency market has sparked...
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How Can You Earn Interest On Your Crypto Investment?

A popular way to earn Bitcoin, Ethereum, or any other digital asset is through interest accounts and loan platforms. We can consider this modality of earning interest with your crypto to be a great alternative to traditional saving accounts since you manage to protect the...
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Promised 100% ROI? It’s Likely A Scam, Here’s Why

Too Good to be True RuleROI (Return of Investment) is a financial metric largely used by businesses and corporations across the globe to measure the probable return of an investment. It’s calculated in a ratio between net income and investment and can be used to...
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Are Previous Bull And Bear Cycles An Indicator Of Future Performance?

When considering worthwhile investments in this sector, seasoned investors use the historical price performance to know if there is potential for an asset to make gains or losses. The previous bull and bear cycles are also used to predict any future changes in prices. What...
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An Introductory Guide To Cryptocurrency ETFs: All You Need To Know

Previously a niche investment vehicle, ETFs have become commonplace with many personal and professional crypto portfolios. In this article, we take a deep dive into ETFs—specifically crypto-based ETFs—how they work, classifications of ETFs, and list out a few of the popular ones today. Introducing to...
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MicroStrategy Makes Fresh Bitcoin Purchase Worth Over $414 Million

MicroStrategy Buys 7,002 BTCMicroStrategy founder and CEO Michael Saylor, announced the news of the latest BTC purchase via Twitter on Monday (Nov. 29, 2021). According to Saylor's tweet, the company bought 7,002 bitcoin, which was purchased at an average price of $59,187 per coin. MicroStrategy...
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Want To Earn A Crypto Living? Top 5 Ways To Earn A Crypto Income

Investing in CryptoInvesting in cryptocurrencies is the most prominent and essential way of generating profits with crypto. However, there are some things to keep in mind before accessing the crypto market. First, we need to choose a digital asset that has a promising future. Once...
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Diversifying Your Investment Portfolio: Are Meme Coins Any Good?

As cryptocurrency becomes more commonplace in investment discussions, many investors (experienced or otherwise) are looking to gain exposure to the crypto industry. While this is a good start, understanding how to properly diversify an investment portfolio remains a common issue in the industry. Furthermore, because...
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Top 5 Cryptos To Stack In 2022— HODL Prediction

May did not end well, though, and Bitcoin lost over 50%, taking many coins with it. Prices fell across the board, and several crypto experts predicted they would fall even further. While the market had been on a slow and steady recovery, then came 'Uptober'....
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MercadoLibre To Offer Crypto Investments In Brazil

The Latin American market is becoming one of the most progressive in terms of cryptocurrency adoption. The leading eCommerce firm in Latin America in terms of valuation, MercadoLibre, has announced that it will allow its Brazilian customers to buy, sell and hold cryptocurrencies. According to...
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Apple’s CEO Tim Cook Says He Has Personal Cryptocurrency Investments

The CEO of Apple, Tim Cook, has stated that he owns cryptocurrencies and has been interested in cryptocurrencies for a while now. Cook stated that his cryptocurrency holdings were a way of diversifying his portfolio. Cook spoke at the DealBook Online Summit on November 9,...
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5 Common Crypto Selling Mistakes

Cryptocurrency gains always attract investors. These investors increase the amount of money they have staked in the market because of gains. But only a handful of these investors will generate profit from their investors. This is because of inexperienced investors make mistakes that are otherwise...
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The Rise Of Crypto Charities – But Be Careful Who You Donate To

AdejumoSince the creation of bitcoin in 2009 and the subsequent creation of altcoins, the crypto market has risen, producing billionaires such as Brian Armstrong of Coinbase, the largest U.S. exchange, and Chris Larsen. The Rise of Crypto DonationsSeveral organizations have engaged in the donation of...
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Massive Sponsorships That Crypto.com Makes

Formula 1On June 29th, 2021 Formula 1 signed a deal worth $100 million dollars with Crypto.com for the company to become its seventh global partner and title sponsor of three Formula 1 sprint races. As part of the deal, Crypto.com gets some of the top...
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The High Risk of Margin Trading – Crypto's Dark Side

To make the most of digital currency trading, margin trading is an option some are willing to consider. Yet, many have no full grasp of the potential pitfalls regarding this form of investment. The possibility of losing all is significantly higher, with repercussions amplified. Given...
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What are Index-Based Crypto Assets?

Index funds are quite popular as an investment vehicle because they provide investors the exposure to the price movement of a basket of specific stocks or equity that might be related to each other in terms of industry, have a similar market cap, and the...
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Sizing Up the Crypto Market Against the Stock and Forex Markets

The market struggled to gain acceptance during its formative years, following the creation of Bitcoin in 2009. However, fortunes have changed recently as institutional investors, regulators, and the wider market continue to warm up to digital assets. This increased recognition has accelerated their adoption, sparked...
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Will the Market Hit $3 Trillion in 2021?

Earlier this year, cryptocurrency proponents had long predicted that Wall Street's eventual jump into cryptocurrency would push the market capitalization to approach the $2 trillion mark. This milestone has convincingly materialized in May. Then analysts shifted their predictions fast towards the $3 trillion thresholds, but...
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Earning Yield – Does it Cancel Out Negative Price Movements – A Look at Cosmos

Not every cryptocurrency relies on energy-consuming mining protocols to validate transactions. Cosmos (ATOM) solves Ethereum scalability problems by using a hybrid Proof-of-Stake mechanism. Instead of spending thousands of dollars on mining equipment, network validators deposit a stake (collateral) to guarantee their honesty. In some cases,...
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How Much is Silver Worth? Does it Compete with Bitcoin?

Silver is usually described as "poor man's gold," although it has more similarities with copper. In the 1980s and 1990s, silver went through a period of appreciation, but the trend reversed over the last 2 decades. Thus, its value distanced itself from gold. How much...
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Top Three Crypto Wallets That Support Staking

Staking is a mechanism that allows cryptocurrency investors to earn passive income just by holding/storing their digital assets. There is a complex mechanism behind the process and how it actually works. But to keep it simple, you can imagine it like earning interest on your...
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Chinese Approved VET And NEO Now Look On Shaky Ground As Investments

On 18th May 2021, the Chinese government banned payment companies and financial institutions from providing any services related to cryptocurrency transactions. While China has banned cryptocurrency exchanges, initial coin offerings (ICO), and all other service providers that offer crypto-related transactions, individuals are not barred from...
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Interest From Stablecoins – Does It Make Sense To Earn In This Way?

A stablecoin is a cryptocurrency whose value is tied to another cryptocurrency, fiat currency, or exchange-based commodity. There are three types of stablecoins – cryptocurrency-backed, fiat-backed, and commodity-backed. Fiat-backed stablecoins like Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) are pegged to the US...
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Which Are The Most Popular Cryptocurrencies Of 2021?

In the recent decade, cryptocurrency has gone a long way and advanced at a lightspeed pace. Value is kept, moved, and spent in numerous ways via different assets and solutions, and DeFi has launched new pathways for borrowing and lending. Most Popular Crypto of 2021Let...
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The Most Promising Cryptocurrency Investments In 2021

The diverse portfolio of cryptos can somewhat prove challenging for an investor to pick from. Whether Bitcoin, Binance Coin, Ethereum, and Tether, there are great risks and rewards. If you are looking forward to making cryptos an investment, there can never be a better time....
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Bitcoin And Billionaires: Carl Icahn Might Go In For Crypto, Too

Concerns About Wider Market Economies and Inflation The main reason here is growing inflation and the understandable desire to hedge against it. Still, I find the change in minds even more curious than the change in portfolios: the very idea that the large-scale investors started...
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The 5 Most Secure Exchanges In The World

Cryptocurrency statistics show that the industry grew by a whopping 900% from March 2020 to February 2021. This translated to a global increase in cryptocurrency theft of $142.3 million over the same period. During this time, several crypto exchanges across the globe were victims of...
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Pros And Cons Of Investing In Bitcoin IRAs

A Bitcoin IRA is one of the earliest investments in using Bitcoin as a retirement account. Research that I have come across shows that at least $400 million has been invested into retirement benefits using Bitcoin. What is a Bitcoin IRA? The IRS is yet...
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Bitcoin ETFs vs. Blockchain ETFs

ETFs, or exchange-traded funds, track the price of an asset or group of assets – in our case, a particular digital coin. So what's the difference between buying a Bitcoin and buying Bitcoin ETF? First, trading the latter is relatively easy: to do so, you...
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What Is The Best Cryptocurrency To Invest In 2021?

With a plethora of options available for investments in cryptocurrencies, it may become a bit difficult to select the best cryptocurrency to invest in 2021. But we have you covered. Based on present performance and other indices, the following are the top crypto assets to...
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Digital Investing In 2021: Is Crypto Still A Good Asset?

As Bitcoin peaked above $60000, showing almost a sixfold increase in price since last September, the buzz around cryptocurrencies got louder than ever. However, the long period of the bear market is still vivid in our minds. So how do we answer the question, "Is...
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First Things You Should Learn To Invest In Crypto Smarter

Do your homework Before buying a coin, do a check on it. How long has it been on the market? How did its value change over the years? Generally, you should be careful with coins that have little history but do sudden peaks without obvious...