How Much Crypto is In Your 401k?
cryptocurrency 401k

How Much Crypto is In Your 401k?

By Allen Taylor | Cryptocracy | 13 Jun 2021


Top News: Coinbase users will now able to add crypto to their 401ks. Google Pay now supports Coinbase. As does Apple Pay. But does Coinbase have the best interest-bearing accounts, or is it BlockFi?

1.3 percent of bitcoin’s supply is now wrapped in Ethereum.

Transaction fees can be a killer on a blockchain or an avenue for more growth. It’s one area of competition among blockchchains can cause a massive jump of users from one chain to another. Cardano is researching a new mechanism for making transaction fees more fair, stable, and predictable over time. Meanwhile, Minswap, a multi-tool DEX on Cardano, has launched. But the question on everyone’s minds is, Where is Cardano’s price headed?

How to earn 100 percent APY with crypto farming.

We’ve all been in those relationships where things just get weird from time to time. Maybe your boyfriend chewed his toenails at breakfast, but only on Sunday mornings. Or perhaps you had a girlfriend who spaced out every time you told her “I love you” and start singing the lyrics to On The Good Ship Lollipop. As it turns out, crypto may have that kind of relationship with weekends.

Ripple is looking at upgrading to support DeFi and smart contracts.

My readers are savvy individuals. You already know central banks are flirting with digital currencies. But did you know that Hong Kong is considering one? And the Chinese are experimenting with salary payments in crypto. Not only can the Chinese store digital yuan in their digital wallets, but in their physical wallets too. Iran’s president wants new digital currency laws. Nigeria is expected to have a digital currency before year’s end. Bank of England Governor Andrew Bailey said CBDCs would be one of the innovative events in banking history. Yep.

Is Bitcoin governance in danger?

Is Litecoin destined to spiral downward?

A Miami condominium sold for $22 million in all-cryptocurrency deal.

New York bill on crypto mining plummets to fast death.

El Salvador shows the world what a bitcoin beach looks like. And, man, if it freaking pretty! This is a must-read. Oh, and they plan to mine bitcoin with electricity generated from volcanoes. How rad is that?

Will tougher rules on banks holding cryptocurrencies hurt crypto investors? In actuality, there is a new rule. U.S. crypto investors weren’t hurting in 2020 as they lead the world in bitcoin returns. And if you’re wondering about the rules for crypto investing, here are 7 golden rules you should never forget.

Cryptocurrency stocks to keep an eye on, according to Forbes.

Oddsmakers bet bitcoin will fall another $10,000. Meanwhile, attendees at a Miami conference on bitcoin return home with COVID. What were the odds on that?

My Ether Wallet enables ETH 2.0 staking through phones. Sexy!

First published by Cryptocracy at Substack.

This is for informational purposes and not to be construed as financial advice. Please seek the help of a financial advisor before investing in cryptocurrencies.

Resources

  1. https://finance.yahoo.com/news/coinbase-strikes-deal-let-add-172454413.html
  2. https://www.androidpolice.com/2021/06/11/google-pay-adds-support-for-coinbase-to-the-joy-of-crypto-edgelords-everywhere/
  3. https://newsnationusa.com/news/technology/coinbase-card-users-will-soon-get-apple-pay-and-google-pay-access/
  4. https://coincentral.com/blockfi-vs-coinbase/
  5. https://ctovision.com/1-3-of-bitcoins-supply-has-now-been-wrapped-onto-ethereum/
  6. https://zycrypto.com/cardano-is-exploring-a-new-mechanism-that-will-transform-smart-contract-platforms/
  7. https://heraldsheets.com/minswap-first-multi-pool-decentralized-exchange-dex-on-the-cardano-blockchain-has-been-launched/
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  21. https://www.islandernews.com/news/miami/surfside-penthouse-sells-for-22-million-in-all-cryptocurrency-deal/article_19cb60e6-cad0-11eb-8e7c-bb5c28fcb0a9.html
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  24. https://wskg.org/npr_story_post/el-salvador-plans-to-use-electricity-generated-from-volcanoes-to-mine-bitcoin/
  25. https://moneyweek.com/investments/alternative-finance/bitcoin-crypto/603387/what-tougher-rules-for-banks-holding
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  27. https://tokenpost.com/US-crypto-investors-lead-the-pack-in-Bitcoin-BTC-profits-for-2020-8857
  28. https://www.fool.com/investing/2021/06/10/7-golden-rules-for-crushing-your-crypto-investment/
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  30. https://finance.yahoo.com/news/betting-markets-see-more-pain-for-bitcoin-investors-bet-on-drop-to-10-k-oddsmakers-142311201.html
  31. https://www.cnbc.com/2021/06/10/bitcoin-2021-attendees-report-covid-cases-after-returning-from-miami.html
  32. https://www.coindesk.com/podcasts/mapping-out-eth-2-0/ethereum-wallet-mew-staking-through-phone

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Allen Taylor
Allen Taylor

Writer, editor, publisher. Content strategist for fintech, blockchain, and crypto firms.


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