Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Interest
Japan to Consider Bitcoin Investment After Setting Interest Rates at 0%
The Japan Government Pension Investment Fund (GPIF) could drive Bitcoin inflows after the central bank increased interest rates to 0%. The state pension fund published a request seeking “basic information” on the investment philosophy of illiquid alternatives to domestic bonds, domestic stocks, foreign bonds, foreign stocks, real estate, infrastructure, and private equity. Why Japan Could Drive Bitcoin Demand The institution is considering gold, Bitcoin, farmland, forests, and other alternatives to include in a low-yield portfolio. GPIF is currently the world’s…
1 year ago
Lesser-known Ways to Earn Passive Income from Crypto
The crypto space is often regarded as a hectic environment. This is because cryptocurrencies and blockchain are still coming-of-age industries with much trial and error. However, what is lesser known to outsiders is the variety of simple passive income opportunities available in the space. Outlined below are different ways of earning passive income through crypto: Dividends, Buybacks, and Coin Burns Some coins give returns to their owners just for HODLing them. The mechanics behind this can differ from blockchain to…
5 years ago