Sunday, May 15, 2022

Crypto Market Insight May 2022 | Ewpple

 

Ewpple | Income For Life

Ewpple - Crypto Market Insight May 2022
  • Crypto markets plunged as the world's risk sentiment declined, led lower by the depreciation of the partially BTC-backed stablecoin TerraUSD (UST).
  • El Salvador added 500 Bitcoins (BTC) to its total of 2,301, as crypto prices fell.
  • TerraUSD (UST) de-pegged from its $1 value, while Terra (LUNA), its sister token, collapsed by more than 99%, wiping out crypto investors' fortunes.
  • Uniswap has at least 2X the liquidity resources of the leading cryptoexchanges, and by providing more liquidity, stability, and security, it is strengthening its position in the industry.
  • Due to an Oracle price manipulation attack, the DeFi lending protocol Fortress was hacked for $3M.
  • Through an Art Security Token Offering by The Royal Museum of Fine Arts Antwerp, anyone can virtually "co-own" the masterpiece Carnaval de Binche by James Ensor for EUR 150.
  • Gucci will begin accepting 10 cryptocurrencies in May, including 5 stablecoins pegged to the USD.
  • The lawless days of cryptocurrencies are coming to an end, as crypto-asset service providers scramble to avoid regulatory punishments.
  • Abu Dhabi and Dubai are vying for the title of crypto capital as FTX, Binance, and Kraken set up operations in Dubai.
  • The Industrial and Commercial Bank of China is among the banks that allow AI and algorithms to add digital yuan holdings to fiat savings accounts.
Ewpple Crypto Index Fund fell by -31% in 1 month.
S&P Crypto LargeCap Index fell by -32% in 1 month.

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Sunday, May 08, 2022

How To Choose A Cryptocurrency Index Fund? | Ewpple

Ewpple | Income For Life

Ewpple - How to choose a cryptocurrency index fund?

“Most investors would be better off in an index fund.” — Peter Lynch

  • Index funds are the best way to invest in cryptocurrency and grow wealth over time.
  • How can you choose a cryptocurrency index fund that meets your needs?
  • The safety of your assets is paramount. Find an index fund that is stored in your personal crypto wallet and NOT under the manager's control.
  • Ewpple Crypto Index Fund units are held in a personal decentralized crypto wallet, such as Metamask.
  • Investments in index funds protect investors from illiquid investments, small capitalizations, and scam tokens.
  • Ewpple Crypto Index Fund allows tokens from only the top 20 cryptocurrencies by capitalization to be included.
  • In order to ensure that its assets reflect the index it aims to track, the fund rebalances its token weighting composition every month.
  • Ewpple Crypto Index Fund invests in the largest and most liquid cryptocurrencies to gain exposure to the market capitalization growth of the crypto asset class.
  • S&P Cryptocurrency LargeCap Index is used as a benchmark for the Ewpple Crypto Index Fund.
Ewpple Crypto Index Fund fell by -15% in 1 month.
S&P Crypto LargeCap Index fell by -17% in 1 month.

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Sunday, May 01, 2022

Crypto Market Insight May 2022 | Ewpple

 

Ewpple | Income For Life

Ewpple - Crypto Market Insight May 2022
  • As a first, Fidelity plans to introduce Bitcoin (BTC) to 401(k) plans.
  • The Merge, which speeds up and lowers the cost of Ethereum (ETH) transactions, was originally expected in June, but will now take place "a few months later".
  • Last week, Ethereum (ETH) funds outflowed $17M, whereas Avalanche (AVAX), Solana (SOL), Terra (LUNA), and Algorand (ALGO) funds raked in $3.5M.
  • Maple Finance, a crypto capital markets platform, has deployed a $45 million fund to spur the growth of the Solana blockchain ecosystem.
  • Supporters are counting on Musk to make Twitter more doge-friendly as Dogecoin (DOGE) jumps 17%.
  • Stripe allows merchants to pay their sellers, freelancers, and content creators with USDC stablecoin via the Polygon blockchain.
  • With total assets under management (AUM) of $7.3B, Anthony Scaramucci's hedge fund SkyBridge Capital is working towards shifting most of its AUM to digital assets.
  • Global lawmakers must decide how to regulate cryptocurrencies based on the risks associated with them, according to Fabio Panetta of the European Central Bank.
  • The Central African Republic will allow citizens to pay taxes with crypto and allow businesses to accept crypto as payment.
  • Nigeria, Kenya, Tanzania, Ghana, and South Africa are among the top 20 countries in the Global Crypto Adoption Index, despite their relatively small economies.
Ewpple Crypto Index Fund (EWF) fell by -9.5% in 3 weeks.
S&P Crypto LargeCap Index fell by -13% in 3 weeks.

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Sunday, April 24, 2022

What Makes Crypto Index Fund A Wise Investment? | Ewpple

 

Ewpple | Income For Life

Ewpple - What makes crypto index fund a wise investment?

“By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.” — Warren Buffett
  • As cryptocurrencies gain traction as an asset class, a growing number of investors are taking notice.
  • Cryptocurrency is an investment in a futurist technology whose successful projects will conquer a large portion of the markets they disrupt.
  • Identifying which crypto tokens are truly valuable is the challenge.
  • Investing in index funds is almost as efficient as tracking the entire market since they provide investors with access to a market index.
  • An index fund portfolio can save you the time and effort of researching multiple crypto tokens.
  • You can also buy individual cryptocurrencies in addition to index funds and diversify your investment portfolio further.
  • Also, index funds remove the psychological biases individuals must overcome in order to manage their portfolios effectively.
  • Index funds tend to be less volatile than individual cryptocurrencies.
  • It is generally easier to purchase an index fund, such as EWF, than to deal with cryptocurrency exchanges, regulations, security protocols, and wallets for multiple crypto tokens.
  • Index funds eliminate human error and most of the inherent risk involved in picking individual assets.
  • Active trading could lead to misguided or unlucky decisions but investing in an index fund protects you from those.
Ewpple Crypto Index Fund (EWF) -6.4% in 2 weeks.
S&P Crypto LargeCap Index -8% in 2 weeks.

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Sunday, April 17, 2022

Crypto Market Insight Apr 2022 | Ewpple

 

Ewpple | Income For Life

Ewpple - Crypto Market Insight Apr 2022
  • A combination of historically high inflation and geopolitical uncertainty has led the Federal Reserve to raise interest rates.
  • As a result, Bitcoin and the broader cryptocurrency market have suffered.
  • The digital asset space is feeling the same pinch as stocks. Bitcoin (BTC) and Ether (ETH) are highly correlated to the tech stocks & Nasdaq-100.
  • A rise in NFT sales and OpenSea's volume surging above $1.3 billion in the last week suggests that the NFT bull market might be returning.
  • According to the BIS, central banks should play a pivotal role in regulating cryptocurrency and emerging digital economies.
  • Blackrock and Fidelity join forces to invest in the $400M Funding Round of Circle, a major crypto P2P payment firm and the company behind UDC Coin (USDC).
  • Many millennial millionaires' main assets are digital. But most millionaires of older generations continue to treat cryptocurrencies cautiously or even negatively.
  • In Nigeria, crypto ownership is boosted by a lack of financial services, says the report.
  • The main reason investors across the globe invest in crypto is to counter rising fiat inflation.

1 week return for Ewpple Crypto Index Fund (EWF): +1%
1 week return for S&P Crypto LargeCap Index: +1.3%

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