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Showing posts with the label financial institutions

How Coinbase Benefits from New Bitcoin ETFs

By Matthew Hayward As a keen observer of the evolving crypto landscape, my journey with cryptocurrencies and platforms like Coinbase has been both extensive. Reflecting on my previous blog post from December 17, 2020, titled " Coinbase's IPO: A Game Changer in Crypto Investment, " I shared my anticipation and strategic moves ahead of Coinbase's DPO. The excitement and foresight expressed then resonate with the current scenario surrounding Bitcoin ETFs and their impact on Coinbase. Today, I find the recent CNBC article underscoring the potential threats to Coinbase from Bitcoin ETFs to be missing the mark. Let's delve into why Coinbase stands to benefit significantly from this development. For those new to the crypto space or looking to refine their understanding, I recommend checking out my guide, " Getting Started in Crypto: Five Essential Steps. " This resource offers a foundational overview, from understanding basic terminology to making informed deci...

Can you profit from knowing the future?

By Matthew Hayward Current Price of Bitcoin $27,203 The world of cryptocurrencies has been a hot topic in recent years, and many people have been hesitant to invest due to the huge swings in price and value. However, I believe that this should not be a reason to avoid investing in cryptocurrencies, particularly Bitcoin, as the technology has far-reaching implications that will change how the world operates . In this article, I'll explain why you should not let the cryptocurrency market's volatility deter you from investing in blue-chip cryptos. First and foremost, it's important to understand that cryptocurrencies are a relatively new technology , and their use cases and implementation have only scratched the surface. As a result, these cryptocurrencies' adoption and market cap are small, making them incredibly volatile and easy to manipulate in price. However, this is precisely why we should invest in them - we are early in the game, and this technology will revolution...