Health, Wealth, and Happiness |
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| “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” - Warren Buffet |
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| Howdy, investors!
Today, we bring you a step-by-step guide to staking on the Earn platform at Coinbase. Staking has never been easier.
If you were an FTX customer when the exchange blew up, there's good news: it looks like you'll be getting ALL your money back!
There's been much excitement around Decentralized Physical Infrastructure Networks (DePIN) in 2024, but is it warranted?
Another increasing trend is projects using loyalty points as an incentive. While these may be great for user retention, there are concerns.
Read on to explore more! |
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| How to Earn Crypto Staking Rewards on Coinbase by Preetam Kaushik |
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| Coinbase is the largest US-based cryptocurrency exchange in terms of daily trading volume. It offers an easy-to-use staking-as-a-service program called Earn that lets you stake your crypto and earn rewards.
With excellent liquidity, reliability, and security, Earn is a great place to start earning staking rewards if you are a beginner or HODLer.
In this guide, we will take a deep dive into Coinbase Earn, and explain its features, advantages, disadvantages, eligibility requirements, earning potential, and risks involved. |
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| Premium Power-Ups Level up your crypto investing game. |
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Our Newest Blockchain Risk Scorecard: Filecoin (FIL) |
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| Filecoin is a decentralized storage network that enables users to rent and purchase digital storage space, like a cloud-based server. Its native token, FIL, is used for governance and as an incentive for network participants.
It seems to be a promising use case for blockchain: since Filecoin went live in October 2020, usage of the decentralized file storage network has been steadily increasing.
We recently released our Investor Scorecard on FIL, full of investing insight about Filecoin's potential upside. Now, our analysts put FIL into our industry-leading Blockchain Risk Scorecard, which measures the risk level (or potential downside). Premium members can download the Filecoin Risk Scorecard here.
Not yet a Premium member? Sign up now and get access to all our investor scorecards, along with other great benefits like monthly BMJ token airdrops, our proprietary portfolios, and cool crypto T-shirts. |
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| Must Read Today's most important stories for crypto investors. |
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FTX's bankruptcy team has made strides in recouping assets, raising hopes for customer reimbursement. With over $7 billion already gathered and investments appreciating, there's a strategy to repay legitimate claims. This optimistic outlook comes amidst FTX's complex bankruptcy, including efforts to liquidate assets rather than reboot the exchange. The fact that investors may be made whole should be a significant lift for investors and crypto enthusiasts alike. |
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You may have noticed the resurgence of Decentralized Physical Infrastructure Networks (DePIN) in 2024, where servers and data centers are distributed (like our new Filecoin scorecard above). DePIN projects could significantly disrupt traditional markets by offering more cost-effective, community-driven alternatives. For blockchain investors, DePIN is definitely worth investigating: early adopters could have a long-term payoff. |
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Startups are increasingly adopting loyalty points programs to retain users, moving away from traditional token airdrops, due to regulatory concerns and user retention issues. Critics argue these programs lack transparency, citing the example of Blast, which attracted significant crypto holdings without straightforward utility for the points. Despite skepticism, the trend continues, with projects like Manta and Mantle seeing substantial growth. Just be sure your loyalty points are actually useful, like our BMJ Reward Points. |
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| | | Long-Term Wealth $1K invested at today's market prices |
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| This asset | invested 5 years ago | is now worth | | Bitcoin (BTC) | $1,000 | $7,536 | | Ethereum (ETH) | $1,000 | $5,748 | | Uniswap (UNI)* | $1,000 | $1,142 | | BNB Chain (BNB) | $1,000 | $23,115 |
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| Note: The future may look different from the past. Please invest carefully. * As UNI is less than five years old, we calculate from the launch date (Sep 2020). |
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| | | ICYMI In Case You Missed It |
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| Bitcoin Market Journal is a daily newsletter that makes you a better crypto investor. It's created by John Hargrave, Steve Walters, Gerald Jackson, Anatol Antonovici, Matthew Du, Daniel Joel, and Preetam Kaushik.
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