107.9FM NYJ/LA

Translate This Page

Showing Tag: "7 speculative cryptos to avoid as focus shifts to high-utility coins" (Show all posts)

7 Speculative Cryptos to Avoid as Focus Shifts to High-Utility Coins

Posted by Thomas Niel on Saturday, June 12, 2021, In : Technical Analysis 

Slide 5 of 8: MonaCoin never quite caught on among U.S.-based investors. But, as InvestorPlace's Brenden Rearick broke it down back in April, this Japanese counterpart to Dogecoin was another memecoin name that could have broken out into the mainstream. Unfortunately, it didn't. As seen from its price history, MONA-USD experienced a huge run-up during the last crypto craze, in 2017. But, in 2021? So far this year, it has traded sideways (it trades for around $1.96 today) and thats with the sharp increase of inflows into digital assets. It saw relatively lower levels of losses during the meltdown. Even so, don't take this to mean this is a speculative crypto set to take off anytime soon. Sure, it's been approved by regulators for transactional use in its home market; it has some degree of utility. Still, this usability is more in the novelty sense, as seen with Dogecoin in the U.S. But, it's far from being in the running to supplant Ethereum when it comes to more sophisticated transactions. 8 Tech Stocks That Are Helping to Build the Next Big Thing An enterprising crypto aficionado, with enough capital and clout, could theoretically help turn this into a more substantial force in the blockchain economy. Yet, for now, expect this to remain a more arcane crypto, well-known in Japan, but largely unknown everywhere else.
After last month's meltdown, what lies ahead for the cryptocurrency market? Coins with high utility such as Cardano (CCC:ADA-USD) and Polygon (CCC:MATIC-USD) have shown more resiliency at the expense of established coins, like Bitcoin (CCC:BTC-USD), and Ethereum (CCC:ETH-USD). And, for more speculative coins? They've attempted to recover as well. But, as the dust continues to settle, their prospects may be weakening. A large factor in the run-up in these names experienced up until the correct...
Continue reading ...
 

7 Speculative Cryptos to Avoid as Focus Shifts to High-Utility Coins

Posted by JOSEPH ZOMAS on Saturday, June 12, 2021, In : Technical Analysis 

                                       Bitcoin, BTC, blockchain

                            What is Bitcoin (BTC)?

No one expected, in 2009, when the first Bitcoin transaction was completed, that by a few cents its value a dozen years later would exceed $60,000. Yet the leader of cryptocurrencies is gradually consolidating as it becomes an increasingly powerful institutional framework. With it of course "drifts" and the rest of the cryptoassets and combined have achieved a space capitalization of more than $2 trillion...


Continue reading ...
 
« Back to posts
 


THE WEEKEND SHOP


Rolex Date
15203
36MM Steel & 18k Gold, Oyster Band
Black Index Dial, Smooth Bezel (1998)
$5,795 
⭕
Ladies Rolex Datejust 69178 Champagne
Rolex Datejust
69178
26MM 18k Yellow Gold, Fluted Bezel
President Band, Champagne Dial (1986)
$8,495
 ⭕
Submariner Rolex 16610
Rolex Submariner
16610
40MM Stainless Steel, Oyster Band
Black Superluminova Dial (1995)
$9,595 
Buy Get Quote Sell

Panerai Luminor "Blackseal" PAM76 Titanium Black & Silver dial 44mm Automatic wa

PANERAI WATCH
LUMINOR / Ref. PAM76
44mm, Titanium
W525050
Panerai Luminor "Blackseal" PAM76 Titanium Black & Silver dial 44mm Automatic watch
TRY IT ON
G&S Price: $22,000

SALE PRICE

$16,900 


Listen on Online Radio Box! Hot 103.1 FM Houston #TRAFFiC 5-9PM WEEKDAYS ON HOT 103.1 FM HOUSTON #WeOnSpiN

    HOT 103.1 FM HOUSTON

    Fashion director finds. Everything our fashion office is obsessed with right now.

    Shop Janelles's finds

    Instagram



    Here’s $30 of BTC, on us.
    Get free $30 of BTC 
     by funding your Invstr+
    account
    with $100 or more.
    Fund account & claim $30 of BTC
    Need help? Contact us at
         supportplus@invstr.com



    Invest, spend, and earn 2.05% APY*–all through your brokerage account.
    Our goal at Robinhood is to democratize finance. This means delivering products that help you do more with your money and improve your life. Today, we're excited to introduce Cash Management, a new feature to give you more flexibility with your brokerage account.
    JOIN THE WAITLIST
    Flexible Spending
    Use your Robinhood debit card anywhere Mastercard® is accepted around the world.
     
    Earn 2.05% APY
    Your uninvested cash is moved to banks in our program that pay you 2.05% APY*. Like all variable rates, this could go up or down over time.
     
    FDIC Insurance
    Your cash in the program banks is eligible for up to $1.25 million of FDIC insurance, or up to $250,000 per bank, subject to FDIC rules.
     
    75,000+ ATMs
    Don't pay fees at any of the 75,000+ ATMs in our network.
    JOIN THE WAITLIST


    See the source image



    For the next two weeks, you can earn increasing levels of Stock-Back™ rewards when you shift your everyday spending to your Stash debit card.* 

    Every qualifying swipe over $5 gets you closer to leveling up your Stock-Back rewards. Levels start tomorrow and reset to zero on Monday, November 18.

    Follow Us

     

    Flag Counter


    Flag Counter

    | 917 818 0973

    Make a free website with Yola