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Issue #028 Crypto Y’all Investor Report

Oct 21, 2022

Investor Report

Issue #028

October 20, 2022

Crypto Y'all Investor Report

Eye-Popping Crypto News!

House Sells as NFT on Digital Real Estate Platform

The digital real estate platform, Roofstock, sold a home in South Carolina for $175K via its own NFT marketplace built on the Origin Protocol. The sale was financed by a lending pool, USDC Homes and settled using the USDC stablecoin.

Metamask Adds Bank-to-Crypto Transfers via Sardine

The Ethereum based wallet, Metamask has now added instant bank-to-crypto transfers via Sardine, which is an ACH company. This means you can buy crypto instantly with no delays in settlements.

Research Shows That Bitcoin Mining Could Help Slow Climate Change

Since Bitcoin has gained in popularity, there have been a lot of reports comparing its energy usage to various countries. Because of this, miners have been working to use Bitcoin to fight against climate change — through methane. By using methane that would be released into the atmosphere for crypto mining, Bitcoin could become carbon-neutral and also help reduce global emissions by as much as 2%.

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Country Simple Crypto: What’s Happening in the Market…Analysis, Tips, and Insights.

Retail households have three times as much cash in savings accounts as pre-pandemic levels. This is fascinating. It’s showing that there is a lot of money sitting on the sidelines right now waiting to see what the markets will do. While the economy is already showing signs of systemic issues, job markets are still strong and corporate earnings have not wavered…but we are still seeing questioning signs in the market.
Apple announced that they are completely halting production of their iPhone 14+ already. That’s a big deal. According to a Bloomberg News report, it is because an anticipated surge in demand failed to materialize.
TIP OF THE WEEK: Regardless of what the market does, be positioned in an asset class that will skyrocket. Currently, I am accumulating daily crypto earnings and will have a profit taking strategy that will occur during the next rally.

Coin Research Report - Fantom (FTM)

Fantom (FTM) is a decentralized, permissionless, open-source smart contract platform for decentralized applications (dApps) and digital assets — one of many blockchain networks built to provide an alternative to Ethereum.

It is secure, scalable, and designed to overcome the limitations in transaction speeds that are affecting older blockchain platforms running smart contracts.

Fantom is fully compatible with Ethereum and Fantom code is completely open source.

When staking your FTM, you can earn up to 6% APY for a one-year commitment. You can also choose your own rewards (from no lock to up to a year lock) and you can compound your stake, claiming rewards as frequently as you like and for even greater returns on your delegation.