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Google: “Global influence” is currently more important than revenue

By
Edmund Hurtt
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0

The internet giant Google is trying hard to gain a foothold in the lucrative health sector. As David Feinberg of Google Health recently reported at a conference, the group’s strategy is not initially aimed at profits. The main aim is to create a “global impact” with the health program.

• Google is pushing into the healthcare market
• Revenue is secondary to the field at first
• Partnerships and public trust are crucial for success

It’s no secret that search engine giant Google is putting out feelers in the healthcare sector. This is also not surprising, since other tech giants such as Amazon or Apple are also willing to secure a piece of the lucrative healthcare market. Many doors are open to Google with its gigantic user base. Nevertheless, the internet group is not primarily concerned with making profits with the new business area, as Google Health VP David Feinberg recently announced at the Health Tech Conference of the Wall Street Journal, the priority is currently above all on getting as many people as possible with the offered Reaching Health Services: “The real pressure right now is, ‘Will this really help millions of people?’ Is this scalable for Google? That’s the pressure, “as CNBC Feinberg quotes.

Google Health with ambitious goals

The Alphabet subsidiary has set itself high goals. As stated on the company’s website, Google wants to “advance the future of health through scientific excellence, human-centered technologies and reliable infrastructure“. For example, it is about making information on the subject of health more understandable for laypeople. But the digital accessibility of various data from all over the world for “better, faster and more networked care” is a priority, as is the use of artificial intelligence for various areas such as cancer diagnostics. By and large, Google is concerned with “making the world’s information universally accessible and usable”.
In order to achieve these goals bit by bit, the search engine provider has repeatedly entered into various partnerships in the past. For example with the healthcare provider HCA Healthcare to accelerate the digital transformation in the healthcare sector.

Another important product that Google Health is currently working on is Care Studio, says Feinberg. This is a software solution that offers a “comprehensive overview of a patient’s files” and thus gives health personnel the opportunity to quickly get an overview of the complex data situation of a patient.

Scalability, unrealisable profits, is the biggest challenge

As Google’s health expert also said at the conference, scaling the various health products is a challenge for the Internet giant: “We are talking about having this screening for diabetic retinopathy in India and Thailand and how we do it for the rest of the world We have the ability to use Android phones to help people with pregnancy, or to determine gestational age, or to read x-rays. How do we get this across the world? That’s the pressure “. According to Feinberg, the pressure to earn money with Google Health is still in the distant future.

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Partnerships and public trust are needed

According to the health expert, two things are needed above all in order to implement his ambitious projects, namely partnerships and public trust. The difficulty here is likely to lie in the second success condition in particular. After all, the internet giant is often accused of exploiting its dominant position, which is why fines in the millions have been due several times in the past. So it remains to be seen how Google will manage to successfully market its health services in the future.

Investing in the Corona Crisis: This is how you should react to the stock market crash!

By
Christopher Patillo
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0

The stock market crash came suddenly, triggered by a virus. The corona crisis sent the global stock exchanges down in March 2020 and caused one of the biggest financial crises of all. Find out here how you as an investor should position yourself, what you should basically do in the event of a stock market crash and how you can arm yourself for the next stock market crisis.

CORONA VIRUS PUTS INVESTORS IN SHOCK

The stock exchanges have been doing surprisingly well for years. There were always short setbacks, but these were soon followed by new highs. There would have been enough reasons for a stock market crash: the slowing economy in Europe, the trade dispute between the USA and China, possible US tariffs on EU imports, Brexit, etc.

However, it was not economic problems or a real estate bubble that ultimately caused one of the greatest stock market crises of all; it was a virus that put investors into shock and sent indices, stocks and commodities downhill. Within a few weeks between mid-February and mid-March, important country indices such as the German DAX or the US Dow Jones lost a third of their value. The very broad MSCI World Index, which is important for many investors, also slipped by almost 30 percent at times. (Also Read: How to get NFT for free. Instructions for creating and selling tokens)

This post explains how you as an investor react to a stock market crash like this and how you should best behave now in the Corona crisis. We’ll tell you why an investment can make sense in a stock market crisis and what advantages long-term investors such as ETF savers can have from a setback on the stock market.

BEFORE, DURING AND AFTER A STOCK MARKET CRASH

The corona crisis left major skid marks in the portfolios of most investors, and the sudden crash hit both professional and private investors freezing. Such a crash was almost unthinkable just a few days earlier.

In contrast to the financial crisis and the subsequent euro crisis a few years ago, this time there were no signs of an impending stock market crash. Hardly any stockbroker could have foreseen in advance how the pandemic triggered by this new type of coronavirus and the subsequent economic consequences for companies around the world would spread fear and horror among investors.

Presumably only investors got away with it relatively lightly who had prepared their securities accounts in advance against such a sudden setback on the stock market. For example, those who had hedged the securities in their portfolio with stop loss orders or trailing stops could keep the loss within limits.

CORONA CURRENTLY – THIS IS HOW INVESTORS SHOULD BEHAVE IN THE CORONA CRISIS

The coronavirus caused the fastest stock market crash ever , according to an analysis by Bank of America . Within a few days, the corona crisis brought investors price drops in indices, individual stocks and commodities, which were significantly worse than those of the 1973 oil crisis, the crash caused by the bursting of the dot-com bubble in 2000 and 2001 and the financial crisis in 2008 and 2009 There has never been a similar scenario in the past. Accordingly, no serious expert can predict exactly when this stock market crash will finally be over and when the DAX, Dow Jones & Co. prices will return to their pre-crisis levels.

THE CORONA CRASH AS AN OPPORTUNITY FOR INVESTORS

First of all, it can be said that it is generally a good idea to invest your money in the stock market – especially in times of record-low interest rates. For example, anyone who invested their money in a DAX ETF in the ten years before the Corona crisis was able to increase their capital by more than 120 percent: between 2010 and 2019, 100,000 euros became more than 220,000 euros.

Furthermore, it is good if investors do not buy their stocks at a high. A crisis can therefore offer an opportunity – especially with a long-term investment strategy. Those who do not buy at the peak of the market, but significantly below, increase their chances of return. At the same time, the risk for investors of remaining in the red for a long time is reduced.

IN TIMES OF CRISIS, CAUTION REMAINS THE TOP PRIORITY

So there are many arguments in favour of entering the market in times of crisis and at rock-bottom prices. But you should always do this with caution, you shouldn’t put everything on one card . In the current crisis, this means that you should watch the developments of the coronavirus in Germany and around the world. Find out regularly about coronavirus news and whether the individual countries can contain the corona pandemic with their measures. Take a critical look at the markets and initially enter carefully with small amounts – this applies in every phase of weakness on the stock exchange, but especially now in the current Corona crisis.

GET INTO INDIVIDUAL STOCKS NOW? ONLY FOR PROFESSIONALS

During an ongoing bear market, we advise less experienced stockbrokers not to invest money in individual stocks. “Old hands”, on the other hand, are usually able to assess the opportunities and risks relatively well during a stock market crash – presumably also during this corona crash.

For those who are familiar with the market and deal intensively with the selection of stocks, the current situation can be a starting signal to enter the market. The corona crisis offers long-term investors in particular the opportunity to enter substantial companies at particularly favourable prices. In the midst of a stock market crisis, however, investors should pay special attention to quality stocks , including SAP, Microsoft, Amazon and Apple.

THIS IS HOW INVESTORS PROTECT THEMSELVES FROM A STOCK MARKET CRASH

Investors who want to be successful on the stock market for many years have to observe various rules. For example, you should put your finances on a stable footing and diversify your securities broadly, i.e. invest in different industries, assets, topics, countries and companies.

SET STOP LOSS AND LIMIT LOSSES

Stop loss orders are a very simple way to limit losses. Investors inform their broker of a price level below the current price. If this price level is reached, the broker automatically triggers a sell order.

The main advantage of stop loss orders: Investors limit their losses automatically and without constantly monitoring the prices. If you lose 10 percent of your stake, you need a profit of 11.1 percent to get back to the starting level. On the other hand, if you lose 50 percent, you need 100 percent profit later.

TRAILING STOPS PROTECT PROFITS DYNAMICALLY

Trailing stop loss orders supplement a simple stop loss with an adjustment mechanism. The stop threshold is “pulled behind” rising prices.

This means the following: If the share rises to 110 euros, the stop level also automatically rises to 100 euros. If the price reaches 120 euros, the level is increased accordingly to 110 euros, etc. (Check: Goldman Sachs: What Hedge Fund Investment Managers Really Think About Bitcoin)

PUT OPTIONS – INSURANCE WITH AND WITHOUT “DEDUCTIBLE”

Investors can use put options to hedge their portfolio against price losses caused by a stock market crash. In practice, most private investors will not fall back on options contracts on the Eurex futures exchange, but on warrants. Many banks issue warrants as bearer bonds and replicate the structure of an option.

The basic principle of a put option is very simple. The options relate to a specific underlying, for example the DAX. Each option has an exercise price. The holder has the right to sell the underlying asset at this price.

Here is a case study based on a DAX level at 12,300 points: If the exercise price of a put warrant is 12,300 points, the holder of the option can, in simplified terms, sell the DAX for 12,300 points. This right increases in value the further the DAX falls below this mark.

WHAT DOES PORTFOLIO INSURANCE WITH PUT OPTIONS COST?

However, the costs of this insurance are not entirely insignificant. Anyone who chooses full hedging for all courses below with an index level of 12,300 points pays around 820 euros for the necessary put warrants. This corresponds to an insurance premium of around 6.7 percent. (Also Read: How to get NFT for free. Instructions for creating and selling tokens)

GOLD AS A CURRENCY IN CRISIS?

Gold is considered the currency in crisis par excellence. Is that why the coveted precious metal is also suitable as insurance against a stock market crash? The answer is: only limited.

Gold will retain its value even when everything else is worthless. However, this does not mean that a (generally temporary) crash on the stock markets is necessarily offset by a sufficiently large position in the gold market. Gold is an insurance against inflation and crises, but does not always guarantee a certain deposit value.

Nevertheless: In the opinion of most asset managers, nothing speaks against a share of 5 to 15 percent in the portfolio. Opportunity costs in the form of a secure interest rate on government bonds do not currently exist anyway. Anyone who physically buys gold can keep it at home, in a locker or in a security store. Securities related to gold are cheaper.

BITCOIN CANNOT BE THE NEW GOLD JUST YET

Some see the new gold in the crypto currency Bitcoin. It is possible that the coin faces a great future. It is also conceivable, however, that it will lose importance (and value) again. Bitcoin has too little history to be the new gold. The digital currency is therefore not suitable for hedging a portfolio against a stock market crash.

After crypto and cannabis: are psychedelics the latest trend?

By
Ismael Brooks
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0

After cryptocurrencies and then cannabis stocks have risen significantly in recent years, investors are still on the lookout for the next trend that represents a promising investment opportunity. Could psychedelics be this new hype?

• Magic mushrooms gain more investor interest
• Hope for a similar legalisation development as with cannabis
• Focus on medical use
Psychedelics have recently received increased attention again after their heyday in the 1960s. It seems that the ongoing legalisation of cannabis also affects the area of ​​so-called magic mushrooms. As the news agency Bloomberg reports, there are more and more startups that are researching the healing effects of psychedelic active ingredients and want to open up a new market with their primarily medical products.
The latest example of this young new trend is the German biotech company atai Life Sciences , which recently announced its intention to raise several hundred million US dollars with an IPO in the USA and aim for a valuation of more than two billion US dollars. The business of the Berlin start-up consists in the treatment of depression, anxiety, schizophrenia or drug addiction with the help of magic mushrooms. Atai receives support from a prominent source with venture capitalist Peter Thiel.

Psychedelics used to treat mental illness

While there were already numerous scientific studies and reports on various active ingredients from mushrooms, cacti and certain bushes in the 50s and 60s and their mind-expanding effects were investigated, research largely came to a standstill within the framework of stricter laws and bans on psychedelics. In recent years, however, the interest has found new nourishment, particularly in connection with the treatment of mental illnesses such as depression, anxiety or post-traumatic stress experiences.
Although most psychedelics are still banned, there are exceptions for medical use, similar to what is already the case with cannabis. Here, the increasing decriminalisation of the use of marijuana in general is likely to have led more investors to pay more attention to this new branch.

Different business models

In addition to companies that specialise in medicinal products with the psychedelic active ingredients, others focus on offering guided psychedelic trips, as is the case in the Netherlands, for example.

Clarify Pharma with a successful IPO

The investor duo Jonathan Bixby and Mike Edwards, who had a hand in the IPOs of various crypto and cannabis companies, have also discovered the psychedelics market, reports Bloomberg. With Clarify Pharma, the two companies recently successfully led the life sciences startup to its IPO on the small British stock exchange Aquis Stock Exchange. As stated on the company’s website, Clarify is committed to “driving the scientific advancement of mental, emotional, psychological and physical health by investing in alternative therapies, modalities and sciences to optimise the human experience as such”.

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A few years ago, the duo dared to take the plunge into the trading floor with the Bitcoin mining company Argo Blockchain . In the meantime, however, both investors have left the startup they co-founded. Now that Bixby and Edwards are betting on the psychedelics market, further IPOs in the areas of gaming, fintech and health are planned for the future, as Bloomberg quotes Bixby: “Investors want to invest their money in big stories and bold visions” . So it now remains to be seen whether the duo has bet on the right growth market with Clarify Pharma.

New approval opens billion dollar market: These are the prospects for Biogen shares

By
Ismael Brooks
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0

The US FDA approves the controversial Alzheimer’s drug aducanumab. The biotech company can look forward to billions in sales.

For the first time in 18 years, the US regulatory authority FDA has a drug to treat Alzheimer’s disease given the okay. Biogens aducanumab is said to be able to slow down the progression of the disease slightly.


After the decision, the Biogen share rose at times by 64 percent, at the time of going to press for this issue it was still around 50 percent up. A expected nalysten that Biogen can take to the center in the coming years between seven and 18 billion dollars per year. So far there is no drug that really tackles the roots of the disease – but there are around six million patients in the US alone.

The extent to which the high sales forecasts can actually be achieved cannot yet be foreseen. Payers and doctors could significantly slow down the prescription of aducanumab, which is to be sold under the name Aduhelm. Because the drug is medically extremely controversial. In 2019, Biogen stopped two phase 3 studies with the same structure because the drug showed no effect. A few months later, the company then announced that it had observed an effect at particularly high doses in one of the studies. Such retrospective analyses of subgroups are not considered meaningful in medicine because they are subject to great statistical uncertainties. For this reason, an external advisory committee convened by the FDA voted against approval.

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Usually the authority follows the suggestions of the expert panel. But not this time. The FDA is calling for another study to prove the slowing down of cognitive decline. Otherwise the approval could be withdrawn again. But she apparently gives Biogen up to nine years to do it, in the meantime the group is allowed to cash in. Biogen has manoeuvred itself into an excellent starting position with the surprisingly high price of 56,000 dollars per year and the possibility of treating patients of all stages of Alzheimer’s disease. The US biotech group now has a strong growth driver for the coming years – at least until the competition follows suit.

General Motors does not rule out the sale of cars for bitcoin

By
Edmund Hurtt
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0

General Motors CEO Mary Barra admitted that the carmaker will start accepting payments in the first cryptocurrency upon request from customers. He stated this in an interview with CNBC, writes Forklog.

“Nothing prevents us from doing this. We will be guided by our clients, ”she said.

The automaker is committed to making the acquisition and ownership process “as simple as possible” for its customers, she said.


General Motors plans to move to 100% electric vehicles in its model line by 2035. See also: Tesla is now available for purchase with Bitcoin. Musk announced the start of car sales

In March 2021, electric car maker Tesla began selling cars for the first cryptocurrency.

Already in May, the company suspended accepting bitcoin due to concerns about the environmental friendliness of mining.

In June, Tesla CEO Elon Musk said that the resumption of work with cryptocurrency is possible if the share of renewable energy in the consumption of miners reaches approximately 50% with a positive trend.

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Recall that earlier, General Motors, together with BMW, Ford, Renault and Honda, tested a blockchain-based identification and payment system for cars.

Complete Guide: Best Altcoin & How to mine Alternative cryptocurrencies

By
Naomi Glover
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0

Altcoin is an “alternative to bitcoin”, that is, any cryptocurrency other than bitcoin itself. Each of the alternative crypto-units is trying not only to copy, but also to improve some of the parameters of bitcoins. Already, there are more than 800 varieties of altcoins, most of them differ from the original very slightly, appear and disappear. But among this variety there are very interesting options that you should know about if you want to start mining cryptocurrencies.

  • Why altcoins are needed
  • Mine altcoins at home
  • PoW and PoS – what is it?
  • Putting together a “farm” for mining altcoins
  • The video card is the heart of the “farm”
  • Motherboard – what we collect
  • Processor, memory, hard drive
  • Power Supply
  • Errors of beginner miners and some tricks

1. Why do we need altcoins

Those of the alternative cryptocurrencies that are at least some kind of competition with bitcoin offer the user alternative characteristics that bitcoins do not have. For example, Darkcoin provides complete anonymity of transactions, and Ripple allows you to work in the banking network. There are many other cryptocurrencies with their own unique characteristics.

  • The speed of transactions on the network. Those who actively use bitcoins know that transactions sometimes take a long time. It also happens that the transaction does not occur at all. Bitcoin algorithms are designed for seven transactions per second, they cannot process any more. Until the world’s first cryptocurrency gained worldwide popularity, this was not a problem, now many altcoins are playing to correct this shortcoming. For example, Lightcoin or Ethereum have such advantages.
  • Altcoin distribution technology. The easiest way to get altcoins is to sell something and receive them in payment. But it happens that, when creating a new cryptocurrency, it is simply handed out for free for advertising purposes. It is also possible to buy large amounts at a fair price during the development stage.
  • Mining algorithms. Bitcoins are mined, but their mining requires very powerful and specialized equipment (ASIC miner), and these costs do not always pay off. Mining altcoins is a more promising business, but it will also require powerful video cards. However, there are altcoins that release all coins at once into use, and then mining is impossible.

2. Mine altcoins at home

The literal meaning of the term “mining” is the extraction of resources, the development of deposits of minerals, metals, etc. Bitcoins and altcoins are considered the same “deposit”, therefore a similar term is used for their “extraction”.

A set of equipment (essentially a computer, but specific) for mining is called a “farm”.

So, there are two ways of mining – mining alone and mining in pools. Speaking “at home”, you can mean both the one and the other ways:

  • Mining alone is independent mining of cryptocurrency on your own (no matter how many “farms” you have at home). Nowadays, mining cryptocurrencies in this way can be ineffective.
  • Mining in pools is the inclusion of a group of miners in the work. Sometimes such a group can number up to a thousand “farms”. If successful, the profit is distributed among all pool members. To work in the pool, specialized mining software is installed.

Before moving on to tips for building a “farm”, let’s understand some more specific terminology.

3. PoW and PoS – what is it?

PoW (Proof of Work) is a protocol that guarantees the security of the network with the total power of the computing equipment of those who are part of this network. Let’s remember what we said about pools above. Even before the advent of bitcoin, PoW was developed to counter DDos attacks.

In the world of cryptocurrencies, PoW is a means of protecting your wallet with altcoins or bitcoins. It is thanks to this concept that cryptocurrency transactions are safe and decentralized. This means that no regulator can tell us what and how to do with our “currency”. Every altcoin or bitcoin has been protected by the PoW protocol since its inception. With this method, for the extraction of cryptocurrencies, you will need a lot of computing power of “hardware”.

PoS (Proof of Stake)– a security protocol that supports PoW (as originally planned). However, it has become an opportunity to make money in cryptocurrency systems. This protocol looks for vulnerabilities in the system and optimizes holes. But something else is more interesting: thanks to this particular system, you can receive passive income. For example, your pool has collected a certain amount of coins, you become the holder of 0.5% of this amount, and your coins use the PoS protocol. This means that you will receive 0.5% of all mined coins just for being in your wallet. The simplest analogy is a bank account with interest. This protocol also has drawbacks: it can lead to gradual inflation of coins, but you should not be afraid of this – while this is a distant prospect. No powerful hardware is required to mine PoS cryptocurrencies. It is enough to place the wallet on a mini PC.

4. Putting together a “farm” for mining altcoins

There are only two options to build a “farm” – on video cards, in the form of a standard PC, or choose ready-made solutions created specifically for mining, which are called ASIC miners. ASIC miners are several times more efficient than self-assembly, but they are also more expensive and not suitable for anything else. Due to the instability of ailtcoins, it is dangerous to invest in highly specialized equipment, and video cards can always be sold, since the demand for them is high (not least thanks to the boom in mining). Here we will consider exactly the “farm” on video cards, since miners do not require assembly.

5. The video card is the heart of the “farm”

A video card, or rather a video card , is the most important thing in a “farm”. Accordingly, the entire configuration is assembled for them. You can use the top segment of both AMD Radeon (starting from about RX470) and NVIDIA (from 1060 models). There is no unequivocal answer to the question of which brand’s video processors are more productive. For some altcoins, AMD gives a 10-15% gain in efficiency, however, it heats up more, and the noise from the fans is also higher.

For example, for mining on the Dagger-Hashmoto algorithm (if the goal is Ethereum or Expanse mining), the main parameter of the video card will be the frequency of its own memory (MHz). The volume of 4 GB will be quite enough – it is secondary if the frequency itself is high. However, in other cases, the larger the video card’s own memory, the better. 4 GB is also the bottom line for mining.

6. Motherboard – on what we collect

The motherboard should have several connectors for video cards. For this, specialized boards are already being produced, in the name of which the word Bitcoin or BTC is present. The most important thing when choosing is that it has enough slots for video cards. If you plan, for example, to assemble a system on four video cards, then it would be good if there were six slots – maybe you want to expand the “farm” in the future. Specialized sockets can have up to 12 ports.

The second important parameter is the location of the PCI ports. These (and the graphics cards inserted into them) should be easily accessible for inspection and maintenance. There are now two types of ports – PCIex16 and PCIex1. The former are better for games, but both types are suitable for mining – it doesn’t matter here.

Cooling is one of the most important parameters. The entire system will operate continuously for many months at a time, so the cooling must be reliable.

7. Processor, memory, hard drive

All this does not directly participate in the mining process, and you can and should save on all this: we take the ones that are minimally suitable for our motherboard. 4GB of RAM and an inexpensive 320GB HDD will suffice.

8. Power supply

Another very important part of the “farm”. The block must be powerful – so that all (how many there will be) video cards work at full capacity. The total required power of the block is selected based on the sum of the capacities of the video cards plus an approximately 20 percent margin. You cannot save on this component of the “farm”.

Housing – sometimes needed

Usually “farms” for mining are assembled on racks (so they are more efficiently cooled) or in self-made cases. But there are times when a system for two or three video cards can fit into a Midi-Tower case . This is necessary if they want to disguise the “farm” as a server (to save on electricity). Here, too, it is not worth spending money – we take what is cheaper.

9. Errors of novice miners and some tricks

And now our “farm” is assembled, and you already want to start mining. But let’s take a breath and analyze the most basic mistakes of beginners:

  • Credit. If you take out a loan in order to buy a mining farm, be prepared for rate jumps and the fact that you will sell “mined” at a speculative low price at a time when the exchange is in a fever – after all, you need to extinguish payments! If there is an opportunity to save up for equipment, do it better.
  • Understanding the environment. No one for you will understand the intricacies of this profession (and this is already a profession, no matter who says anything). Therefore, you will have to figure it out – or your significant investment in equipment will go to waste. You need to understand: cryptocurrency is an intellectual product, and the more you know about a particular altcoin, the easier it is for you to assess the prospect of working on it.
  • Patience and endurance. Your main helpers in dealing with stress during exchange rate fluctuations. It’s best if you can afford to wait for it to stabilize.

A Few Tips

  • Whatever cryptocurrency you mine, it is better to keep part of your earnings in bitcoins.
  • Take your time when making transactions, always check everything several times – it helps a lot.
  • Keep a physical copy (printout) of important passwords. Sometimes it relieves a big headache.

Best proof of stake (PoS) Coin List 2021

1. NEO

Formerly known as Antshares, NEO is an open network for the smart economy. It is often called Ethereum Killer or sometimes the Chinese version of Ethereum. NEO is china’s first decentralized open-source crypto and blockchain platform. Despite having its own currency called NEO cryptocurrency it has one more token on its branch called GAS or ANC-Altcoins.

You can stake your GAS token on the NEO wallet for a handsome return and like other POS cryptos, it does not require you to open your staking wallet all the time. NEO provides its users with a wide range of decentralized applications. The network has mushroomed with digital identities such as fingerprints, facial recognition, and voice recognition.

By holding your NEO on the Binance exchange, you can get a reward of approximately 1.95% with a monthly and Yearly earnings of 0.0016 NEO and 0.0195 NEO respectively by holding 1 NEO. You can also stake your NEO on one of the most famous wallets i.e. Guarda Wallet and Atomic Wallet. Both the Wallets support the staking of NEO. The total reward rate of both wallets is 1.95% with 0% fees.

Looking for best cloud mining website in 2021?

2. Tezos (XTZ)

It can be considered as one of the best staking cryptos when it comes to the yearly interest. Tezos is the new and most famous blockchain project from the Tezos blockchain. With an incredible rise of $232 million during the ICO, it could imagine that the crypto got some power to hold.

The crypto is open participation for the public with a long term upgradeability. Tezos offers smart contact technology. Tezos has some unique and amazing features. It provides modern blockchain with innovation and many features such as LPOS.

It is very easy to stake Tezos. The staking fees of Tezos on Binance is 0%, Where Coinbase is taking 25% of staking you do with them. There are two ways on Binance where you can stake you Tezos. You can either bake your Tezos with an annual reward of 6.20% or you can delegate Tezos with an annual Reward of 5.50%. The same percentage reward goes to MyCointainer, Guarda Wallet when it comes to staking your coin.

3. DASH

DASH is a popular digital cash cryptocurrency. When it comes to implementing the proof of stake consensus mechanism on a foundation basis, it holds the origin. It’s the unique bitcoin base cryptocurrency with extra privacy and fast transactional features just like InstantSand and PrivateSand. This crypto recognizes itself as a decentralized electronic currency on a peer to peer basis and aims to be as transparent as actual cash that we use in real life like GBP/USD/INR or EUR.

You can earn dividends through running a master node by holding your DASH. But to run a master node, you need an average of 1000 DASH units, and 1 Unit costs you an approximation of $300 in price. That a big game though!

If you have a significant amount of DASH units, you can stake them famous crypto wallets like Guarda wallet, atomic wallet, MyCointainer wallet, and Ledger wallet with an annual reward of 5.72% with yearly earnings of 57.2474 DASH by holding 1,000 DASH units. Binance and Coinbase also support the staking of DASH with an annual reward rate of 5.72%

4. QTUM

QTUM is a cryptocurrency open-source network created and persisted by the QTUM project. This is a decentralized blockchain technology network which can operate smart contracts with proof of stake authorization through virtual machines. It is the hybrid of Ethereum and bitcoin which still has its POS dimension. QTUM is a kind of blend of both blockchains, takes the best parts of both the blockchains, and gives us the best mixture of both of them in the real world.

It is as strong technologically as any other network on the market. QTUM is focused on two of the world’s most popular cryptocurrencies. It also offers its customers the tools provided by Bitcoin and Ethereum to boost them! To run the Ethereum smart contracts on QTUM, it uses Ethereum virtual machines. This is an incredible functionality of the coin. Ethereum decentralized application can also be ported to QTUM with the help of the strongest developer community of the Ethereum network.

Want to know how to stake QTUM? Well, you can earn an annual reward of 6.00% by staking your coin on Binance, MyCointainer and Coinbase exchange. Various other wallets like the atomic wallet and Guarda also support the staking of QTUM with an annual reward of 6% with no fees.

5. CUTcoin (CUT)

CUTcoin is a very ambitious project but the simplest way to describe it is to say that it’s simply digital cash. It acquired this quality by having the advanced and real-life tested encryption protection incorporated in its blockchain (including RingCT, Bulletproofs, and so on) so that every transaction done on the platform can be regarded as a digital cash transaction. Wallet balances, transaction amount, sender, and receiver are private by default on the blockchain. It’s a  privacy cryptocurrency but unlike Monero (it’s used some Monero cryptography), it’s built on eco-friendly Proof of Stake consensus.

CUTcoin’s Proof of Stake consensus is the first in history to keep the total amount of coins even in staking wallets completely concealed. It’s a default state that protects the financial privacy of its users as their basic human right. Users can buy any amount of CUT and stake it immediately, in their wallet or through CUTcoin’s Staking pool and earn interest on their stake, which is currently around 25% per year, credited daily.

6. Cosmos (ATOM)

Cosmos (ATOM) considers itself the most individualized, decentralized, efficient, and interoperable blockchain platform. This is a decentralized network of Tendermint and Byzantine fault sensitive algorithms operated by decentralized blockchains.

It uses a DPoS, where delegators and validators operate. A method called delegated proof of stake (DPoS). The delegates must determine which validators should be engaged and the validators must verify transactions and add new chains. All parties can receive staking bonuses currently paying in ATOM but may use the token of any blockchain added to the network.

Cosmos is still a very popular project and ATOM is currently the 25th biggest market capitalization cryptocurrency in the world. The cryptocurrency is fantastic, so if the dream for the “World of Blockchain” can be executed effectively, staking rewards can be paid in a variety of other cryptocurrencies. It is currently standing an annual reward of 8.32% on both Coinbase and Binance exchanges. It can also be staked with the same average of annual reward in MyCointainer, Atomic Wallet and Ledger Live.

7. PIVX

Can be abbreviated as Private Instant Verification Transaction, PIVX is a cryptocurrency that mainly focuses on security and privacy while you make a transaction. It was dissolved from the DASH in early 2016 and is a fully functioning POS currency, allowing its consumers to deposit coins with a fair return on the blockchain. Another noteworthy thing is that it’s a good low-entry barrier, and you can stake any amount and there is no limit on it.

There is another way to earn through PIVX by running the units of approx. 10,000 units on the master node. It offers a 5% total return on your investment. This a big opportunity for those who have a significant amount of PIVX units by staking the units on the master node right now.

You can set-up your master node or you can stake your coin on different wallets and exchanges. You can neither stake your coins on MyCointainer, Binance and Coinbase nor can you either put them on different wallets like Ledger Live, Atomic Wallet, and Guarda Wallet. There are 3 easy ways through which you can stake your coin on these above-mentioned wallets and exchanges. Have a look!

8. Lisk (LSK)

A blockchain-based LISK framework helps anyone to build decentralized apps (DApps) on their network. It provides developers, investors, and project designers the ability to build side chains. Sidechains are the apps where the base of the app is built on the Lisk blockchain. Lisk is has a very user-friendly interface that is based on JavaScript.  Lisk is accessible from Bit-Z, OKEx, Kucoin, for staking purposes.

LSK or Lisk coin is the currency name of the Lisk, which is primarily used in the decentralized applications on the Lisk main chain itself. Talking about bitcoin and others, it is not a currency like that where it could be used by merchants as a payment gateway, but it is used as a currency for developers who use the network or wish to use.

You can stake your Lisk coin on different exchange and wallets like Coinbase and Atomic Wallet with a percentage of the annual reward of 1.61% by using vote for delegates or by running a delegate node with an Annual Reward of 5.24%

9. Stellar (XLM)

Stellar is a shared network that enables people to transfer assets worldwide efficiently, quickly, and comfortably. It is designed to link banks, payments networks, and citizens and helps you “speedily, efficiently and for fractions of a centaur,” to transfer money across borders. Briefly, it wishes for faster, easier, and smoother cross-border transfers than it does with the current bank and transfer systems.

Stellar is both a distributed payment network that focuses on simple and affordable transfers across borders and also a forum to host ICOs. The Stellar network was founded in 2014 and has a digital currency of its own, named the Lumen (XLM), which is very important for allowing foreign transfers and for quick transactions between different currencies.

You can store Lumen XLM in a range of wallets and exchanges including the Ledger live wallet, on Coinbase exchange, and Binance exchange. You can vote for a staking pool on the above-mentioned exchanges and wallets by getting an annual reward of 1%. This means that by investing 1,000 XLM units you can get yearly earnings of 10 XLM.

10. Ontology (ONT/ONG)

Ontology is a blockchain network built to support other blockchains, both public and private so that businesses can take advantage of their technological advancements. It provides companies the ability to either save data privately or publicly through the ONT blockchain targeting businesses. Da HongFei and Erik Zhang co-founded the company, and are the founders of the NEO blockchain.

There are two tokens on the Ontology platform: ONT and NGO tokens. These two tokens have different functionality. You can buy ONT on common cryptocurrency exchanges including Binance, Huobi, OKEx, Bibox, etc. The ONT token cannot, however, be purchased with fiat, and before exchanging it with ONT, fiat must be converted to a known crypto coin.

There are different cryptocurrency exchanges and wallets where you can stake your ONT coins and can earn a part by holding your coin on exchanges. Currently, Guarda wallet and Ledger Live wallet are supporting the ONT/ONG with an annual reward of 7.3% annual reward.

11. Algorand (ALGO)

Algorand a blockchain network built with its open, legitimate public blockchain to build a borderless economy. In other terms, Algorand needs an ecosystem that enables everybody to be active and productive. This model is based around the fundamental concepts of usability, instant transfers, simple usage and deployment, and performance.

Algorand’s protocol is designed to accelerate. Theoretically, by asserting blocks in only one round of voting the developers have achieved optimum performance. This enables the block to instantly finalized and significantly improves the network’s transactions per second. With a dramatic increase in speed, the mainnet can handle 1000 transactions per second with a delay of a maximum of 5 sec per transaction.

Though ALGO is categorized on Binance, The coin is part of many other markets, such as Huobi Global, OKEx, Coinbase Plus, and BitMEX. The investors can earn passive income via staking their crypto on Binance. You can stake you Algorand o Binance and can get up to 5.79% annual reward. It means that if you invest a minimum of 1 ALOG, you can earn 0.0579 ALOG by the end of the Year.

12. VET (Vechain)

Vechain is one of the largest network ventures in the supply chain. The coin made into the list of best staking coins of 2020.  Since their main-net debut, they get a lot of coverage. The mainnet launch saw their native VET tokens launched, with a growing influx across a range of exchanges. The use of blockchain technologies is an important turning point for VeChain. It has mainly focused on business applications.  Starting in 2015 and is mainly based on logistics through supply chain management, including monitoring, quality assurance, inventory management, and much more. Mostly works towards enabling smart transactions, VET can be easily drawn comparison with NEO and Ethereum.

There are two coins that Vechain approaches VET and BTHO. The master node holds VTHO for the staking of VETs. BET is the fuel of the Vechain while Vet is the owner of the blockchain. Vechain makes staking more efficient and simple with a sleek mobile app.

The VET token is classified in a wide range of exchanges. This includes LAToken, OceanEx, and most importantly Binance. The volume of VET token on these exchanges is much higher than I have seen for other coins on market cap. There are 5 options through which you can stake your VET coin on Binance. Of them all, the most rewarding is by running an Authority node. You can earn an average of an annual reward of 3.17% by staking your VET coin. The lowest annual reward is 1.87% which is by holding Vechain.

13. Livepeer

It’s mainly a marketplace between the distributors of video streaming (the demand side) and the app developers. Developers can incorporate Livepeer onto their apps by installing its node, can run the Livepeer media server, and also can fund their account through Ethereum. So far, on Livepeer no more than 100 events have been broadcasted.

The project aims to increase the reliability of video while reducing the costs to scale them. They support p2p infrastructure secured by Ethereum blockchain that interacts through a marketplace. the token that Livepeer uses is LPT. When the new LPT is created, the total number of existing LPTs increases as a whole. This means that the value of your LPT will is decreasing compared to the network as a whole.

Currently, there are 2 options through which you can earn a passive profit.  You can either Delegate Livepper by getting an annual reward of 21.92% on Binance and MyCointainer or you can run a Transcoder Node, which can get you an annual reward of 24.36%. The same percentage of reward goes for Atomic wallet, as you can also stake your LPT on atomic wallet and Ledger Live.

14. TRON

Tron is a shared network platform intended to create a worldwide, open digital entertainment infrastructure using blockchain and distributed storage technologies. Any consumer can freely post, save, and own data via the protocol. Tron is a currency, in short, which rewards you for your content and is one of the foremost reasons for buying Tron.

It surged to its top ten in a brief span of one year propelled by massive investor and an energetic team headed by influential creator and CEO Justin Sun, becoming the 10TH biggest cryptocurrency by market capitalization. The biggest benefit of using Tron crypto is that you allow artists and content owners to own their work. Tron heads a campaign, which can be branded as the Third Internet by others. This may sound revolutionary, but it will utilize the Internet as originally intended

You can stake your TRON on one of the biggest names in wallets and exchanges named Binance, Ledger Live, MyCointainer, and Atomic Wallet. There is one commonality in all of these exchanges and wallets. They all offer you the same percentage of reward by staking your coin. There are 3 different options and the most profitable is by Vote a super representative, which can earn you an annual reward of 3.34% with a fee of 20.00%. Other methods are by running a super representative candidate node with an annual reward of 3.02% and last but not the least by running a super representative node which can benefit you with an annual reward of 3.28%.

15. EOS

It is relatively considered as the most profitable proof of stake coin. Talking about the EOS.IO network protocol, EOS is the native cryptocurrency of this protocol. It was launched in 2017 and earned a whopping $4 billion in June 2018. The firm is a fairly young business. EOSIO promises to overcome the significant problems of Bitcoin and Ethereum.  Those involve the development of an open and accessible framework for quicker, easier, and simplified decentralized applications.

Roughly, EOS has a market capitalization of nearly $2.5 billion, placing the coin on CoinMarketCap in the top 10. Two key methods can be used by a crypto trader or an investor to claim EOS tokens. One is by the mining of coins and the most common is the effective trading of crypto on different exchanges and wallets.

The coin is listed on the famous exchanges and Wallets that can be named as Binance, Guarda Wallet, Atomic Wallet, Coinbase and MyCointainer. You can earn a profit by staking your EOS through running a Block Producer with an annual reward of 1.74% or by running a standby Block Producer with an Annual Reward of 1.76%

How to get NFT for free. Instructions for creating and selling tokens

By
Ismael Brooks
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0

Four years ago, works from the CryptoPunks collection were handed out for a song. Recently, one of these drawings was sold for $ 7.49 million. Now everyone can issue their own NFT token and earn money on it.

Mike Winkelmann, known as Beeple, managed to become one of the three most expensive living artists in the world thanks to NFT tokens (non-fungible tokens). On March 11, the auction house Christie’s closed the auction for its collection of digital drawings Everyday: The First 5000 Days “(Everydays: The First 5000 Days), in which 5 thousand works were presented. The lot was sold for a record $ 69.35 million.

The artist’s work became the first lot in the history of the Christie’s auction house, which was sold for cryptocurrency. Payment for the painting was done in Ethereum, and Christie’s fees will need to be paid in US dollars.

Recently, the work of another artist, Banksy, was converted into a non-fungible token . The painting itself was burned in an unknown place in New York, and after that a token was created, tied to the “digital image of the art object.” Beyond art, NFT tokens have already begun to enter the real estate industry. A US investor sells a 50 percent stake in a residential building with a non-fungible token.

Growth in popularity

The trading volume of NFT tokens in February 2021 was $ 340 million, which is more than the trading volume for the entire 2020. Attention to tokens is growing due to their unique technology, which allows you to confirm ownership of an object, be it physical or virtual.

NFT technology was created in 2017 based on Ethereum smart contracts. In the same year, a token appeared on the Rare Pepe Directory platform, tied to a card with the image of Homer Simpson, stylized as Pepe the frog. Within a few months, the lot rose in price to $ 500, and a year later it was sold for $ 38 thousand.

NFT technology is widely known thanks to the CryptoKitties game, in which you can collect cats. Each cat is tied to its own unique token and is a digital asset. Collectors have the ability to create new cats and sell them to other players.

How to create and sell your own NFT token

The most popular platforms for working with non-interchangeable tokens are Rarible, OpenSea and Mintable. They provide the ability to create your own collection of tokens. This requires an Ethereum wallet and content that will be tied to the token. Pictures, music, videos, and even 3D models will do. Also, when creating a token, you can add blocked content that only its owner can see.

Most tokens are sold in an auction format. But to sell them, you will need to pay a transaction fee on the Ethereum network. OpenSea creates an NFT token after purchasing it and charges a commission from the buyer. This saves the author from additional costs. Rarible works in a different way and charges a commission from the author. The size of the commission will depend on the load on the Ethereum network. At maximum load, the commission can be over $ 80.

Buying someone else’s token

Thousands of virtual lots are already being traded on Rarible, OpenSea and Mintable platforms. Among them: domain names, digital art objects, virtual real estate, in-game items, collectibles. You will also need an Ethereum wallet with digital coins to purchase these lots.

A collection of CryptoPunks can be found on OpenSea, which contains 10,000 pixelated portraits. Initially, they were distributed by the authors for free, but now the drawings are estimated at hundreds of digital coins. One of the drawings was recently sold for a record 4.2 thousand Ethereum ($ 7.49 million). Also on the site are crypto kitties from the CryptoKitties game.

Also on the site you can find virtual real estate from the sandbox The Sandbox. For example, recently a piece of land was sold for 85 Ethereum ($ 146 thousand), which is at a price equal to the cost of land in the real world.

Free receipt of tokens

Various NFT developers and creators often conduct token giveaways on their social networks to attract new audiences. This is what one of the founders of the Avalanche project Don Vonton does. To participate in the sweepstakes, you need to follow his Twitter account and repost the entries announcing the giveaway. It is also necessary to leave an Ethereum wallet in the comments for the drawing.


The opportunity to get tokens for free is provided by the cryptocurrency aggregator Coingecko.com . Every day on the site you can receive special bonus points. With each subsequent day, the number of points will increase. The service publishes its own NFT tokens several times a month, which can be bought for bonus points. In addition to tokens, they can also be used to purchase souvenirs (T-shirts, notebooks, etc.). One of these tokens was sold on OpenSea for 1.5 Ethereum ($ 2.67 thousand).

The Russian stock market ended the week with a decline on a negative external background

By
Ismael Brooks
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0

The Russian stock market ended the week with a decline following oil quotes and world stock markets. Thus, the Moscow Exchange index sank by 0.42% – to 3802.95 points, the RTS dollar index – by 1.06%, to 1646.72 points.

The dollar is growing by 0.57% – up to 72.7345 rubles, the euro – by 0.29%, up to 86.3966 rubles.

“In all likelihood, investors are ready to fix profits, because there are no further reasons to continue impetuous purchases. There is no reason for a powerful rollback, therefore, it is now the best option to partially fix the positive and wait for further developments, “says Anna Bodrova, senior analyst at IAC Alpari.

At the same time, support for the global market today was provided by the decision of the Bank of Japan to extend the business support program in the context of a pandemic until the end of March 2022. “The information supported the forecasts of the preservation of the economic base in the region of East and Southeast Asia, which forms investment demand, despite the increased medium-term risks of a cooling of the American stock market as part of the FRS announced yesterday that it began discussing a possible reduction in the asset repurchase program,” said an analyst with the investment company Freedom Finance »Alexander Osin.

Brent crude oil prices drop below $ 74 per barrel. The pressure on oil quotes was exerted by the local strengthening of the dollar, as well as the next wave of increased viral risks, explains the investment strategist of BCS World of Investments Alexander Bakhtin.

“The UK, where more than three quarters of the population are vaccinated against coronavirus, faced the rapid spread of the Indian strain of the pathogen and was forced to extend quarantine restrictions for a month,” the expert points out.

Corporate sector

The growth leaders were securities TCS (+ 5.58%), which are making another attempt to break through to a maximum of 5846 rubles. The shares of Polyus Gold are looking good, supported by the fundamental factor in the revival of demand in the world for jewelry, Bodrova notes.

The list of outsiders is headed by Rusal (-2.21%), Alrosa (-3.1%) and AFK Sistema (-2.5%). The sale is also taking place in VTB securities (-2.29%).

Expert forecasts

At the beginning of next week, the drawdown in the markets will start to gradually buy back, Bakhtin said. “The market participants are coming to understand that the US Federal Reserve will maintain its ultra-soft policy in the medium term, in particular against the background of the uncertain recovery of the US labor market. Investors will continue to closely monitor the virus situation, commodity prices, signals from regulators and key statistics, ”the expert believes.

On Monday, June 21, ECB President Christine Lagarde is expected to speak. Rosstat is to provide data on GDP, retail sales for May and unemployment for June.

According to BCS Investments World, the Mosbirzh index on Monday will be formed in the range of 3780-3880 points, the dollar exchange rate – 71.8-73.3 rubles.

Target ranges for the closure of the investment company “Freedom Finance” for the Moscow Exchange index – 3765-3825 points, for the dollar and euro rates 72.2-72.7 rubles. and 85.15-86.75 rubles. respectively.

Twitter shares weaker pre-market: Police orders Twitter boss in India for video

By
Naomi Glover
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0

Because of a video that went viral, the police in India called in the local Twitter boss.

She accuses the company of inciting violence between the religions, as a police spokesman for the German Press Agency said on Friday.

The video shows how a man is beaten and his beard is cut off. The video was shared by people on Twitter who implied that it was violence by Hindus against a Muslim, the police said. After the video had spread rapidly, the authority said that, according to initial findings, there was no religious background – Twitter had not removed the misleading content. On Thursday, the police asked the Twitter boss in India to report to a police station within seven days and explain the company’s position.

This week, India’s Justice Minister Ravi Shankar Prasad accused Twitter of failing to adhere to new rules and of acting arbitrarily in the fight against fake news. According to the rules that recently came into force, services like Twitter, Facebook and WhatsApp have to name an employee in India whom authorities can contact if they want content removed. This person should be personally liable for published content. The companies would also have to be able to identify the original sender of a content.
If companies do not adhere to this, according to Indian media reports, they could themselves be held responsible for the content of their users and, if necessary, be prosecuted. The Indian government has long tried to monitor expressions of opinion on the Internet more closely.

Also Read:

The NYSE-listed Twitter share temporarily lost 0.51 percent to 60.40 US dollars in pre-market trading.

 

Goldman Sachs: What Hedge Fund Investment Managers Really Think About Bitcoin

By
Ismael Brooks
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0
Bitcoin, Ethereum, Ripple, Litecoin Crypto Weekly Price Prediction April 12-16, 2021

In a survey by investment bank Goldman Sachs, 25 hedge fund CIOs were asked about their preferred investment styles and asset classes. It also became clear what the investment bosses think of Bitcoin.

• Bitcoin recently consolidated in the $ 40,000 range
• Goldman Sachs survey: Bitcoin most unpopular asset class among hedge fund investment managers
• According to Troy Gayeski, gold and bitcoin could benefit from inflation

Bitcoin has had a harder time again recently

The most popular cryptocurrency has had a few extremely volatile months. After a strong rally at the beginning of the year, in which a new all-time high of 64,829 US dollars was achieved in April, Bitcoin fell to below 40,000 dollars after the re- emerging discussion about the environmental compatibility of the cyber currency, a negative attitude by China and general profit-taking and is currently consolidating at around this level. The previous bull market was partly attributed to increased institutional investors and investments by large companies and fund managers. In the new Goldman Sachs survey, however, a different picture emerges.

Survey shows little interest from hedge funds in Bitcoin

In a Goldman Sachs poll published on MarketWatch, 25 hedge fund managers were asked to name their favourite and least popular asset classes. According to the survey, the most popular asset class among experts is growth stocks. Over 50 percent of those surveyed named this category as their favourite asset class. This was followed by value stocks and commodities. According to this survey, the least popular asset class is Bitcoin, according to 35 percent of hedge fund managers. The asset class that was the least popular among hedge fund investment chiefs after Bitcoin was IPOs. Even if only 25 CIOs took part in this survey, it is still clear that Bitcoin does not seem to be in the focus of the hedge funds.

Also Read:

Different poll – more bullish outlook

In contrast to this survey, there was a global fund manager survey by Bank of America in early May , which in turn showed that Bitcoin-Long was the busiest trade, as MarketWatch’s Callum Keown reported. Troy Gayeski, Co-CIO and Senior Portfolio Manager at SkyBridge Capital, was also convinced of the cryptocurrency in relation to the Invezz portal. Because of the fear of rising inflation, he sees good opportunities for a rising gold prices – but prefers Bitcoin, as the asset offers even more possible upside potential. So it becomes clear that opinions on Bitcoin are still very divided. The timing of the surveys certainly plays an important role. The month that lies between the two surveys is a long period of time in which a lot can change in the field of cryptocurrencies, a highly volatile asset class. It remains to be seen whether large and institutional investors such as hedge funds really tend to avoid Bitcoin or whether Bitcoin will soon regain its old strength.

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