Profitable Investing Tips
What Will a Bitcoin Rebound Look Like?
Bitcoin pretty much tracked with the Nasdaq in recent years but also took a hit each time another disaster like the FTX bankruptcy befell the crypto world. We are curious as to whether this Bitcoin uptick is for real or just a mirage hovering over the current frozen crypto landscape. What will the Bitcoin rebound look like?
Why Use a Monolithic vs a Modular Blockchain?
In the background there are changes stirring in the blockchain based on cost efficiency such as Ethereum scaling its blockchain to keep transactions affordable. An important part of these changes is the introduction of modular blockchains to replace or supplement monolithic blockchains. Most folks may ask why use a monolithic vs a modular blockchain and will ask as well, how does that affect me?
Investment Risks of a Debt Ceiling Crisis
Because of recurrent budget deficits the US Treasury (which sells securities) needs permission to borrow as the debt limit is a set number. In 2023 that debt limit will soon be passed, and Congress will need to raise the legal debt ceiling or risk having the United States of America go into default on its debts. At Profitable Investing Tips we are concerned about investment risks of a debt ceiling crisis which is currently brewing.
Will Investments in Web3 Be Safe?
Crypto winter has made investors and speculators anxious about putting money into any crypto-related ventures. True believers watching things like the FTX bankruptcy and charges of fraud are thinking that crypto has lost its way. Plunked into the middle of this is the concept of web3 which is an internet version with a blockchain backbone and lots of use of crypto. Now that people have lost so much money in crypto ventures the question is, will investments in web3 be safe?
Crypto Winter Drives Changes in Crypto Business Plans
As quoted on Bloomberg, its CEO noted that the company needs to adjust it business plan away from betting on continual growth in crypto prices and a guaranteed steady increase in numbers of customers. As Coinbase makes adjustments, crypto winter drives changes in crypto business plans far and wide.
What Does 2023 Have in Store for the Metaverse?
There are two issues to consider in regard to what 2023 has in store for the Metaverse. One is how the technology will develop and how it will be used. The other is which companies will try to control this technology, who will succeed, and where the profits will lie.
Why Was 2022 So Bad for Investors?
There are times when the ground shifts under an investor’s feet providing once in a generation investment lessons. In this regard we are considering this question. Why was 2022 so bad for investors and what are the lessons to take forward?
Celsius Network Crypto Fraud Allegations
As we noted, Celsius was just one more crypto enterprise that was betting on crypto’s eternal rise in value against the US dollar. What do Celsius Network crypto fraud allegations means for the larger crypto and DeFi worlds?
State Regulators Settle with Coinbase Crypto Exchange
Now we see that Coinbase has settled with New York State authorities over concerns that they did not conduct background checks on their customers in compliance with anti-money laundering laws.
How Will Crypto Regulation Affect Decentralized Finance?
These sorts of bad headline news about the crypto world have also tarnished the reputation of the emerging world of decentralized finance and hastened the likely introduction of regulations across the crypto world including the world of DeFi. That having been said, how will crypto regulation affect decentralized finance?