Premium Investor Report #242

Premium Investor Report #243

GM friends. 

Not really any big crypto news today . . . only that one of the world’s largest payment providers is launching their own stablecoin on the Ethereum blockchain!!

This is absolutely MASSIVE news, and bullish for all things crypto. 

So put some sugar in today’s coffee, because your mid-week crypto update tastes super sweet.  ☕️📰🍬

Here's what's in today's issue:

  • David & Sam share their thoughts on PayPal launching their own stablecoin, programmable Web3 wallets for businesses, the upcoming US CPI inflation numbers, Singapore granting a payments license to Blockchain.com, the latest updates about Coinbase, the Tether and Bitfinex lawsuit being thrown out, Trader Joe pouncing on Curve’s instability, the Curve hacker gives some back & ETH futures filings keep coming.
  • This Week On Chain.
  • Rekt Capital has the latest technical analysis for you on the market. 
  • This week’s trending coins by Rebecca
  • Erik has a report for you on how proto-danksharding is getting close.
  • Defi Dad has a tutorial for you on how to earn up to 102% APR with stablecoin LPs on Base while positioning yourself for an airdrop.
  • Jesse has a ton of hot new airdrops for you.

For any crypto related questions please comment on the website. 


The News Now

PayPal is Launching Own Stablecoin - PYUSD

Huge news coming out of PayPal, the California-based global fintech giant. 

On Monday, PayPal announced the

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Responses

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    1. While I can never tell you what to buy or not, I don’t love the look of BTC20. Just a token trying to bank on the BTC brand while offering nothing of value or use. Seems rather useless to me. Only mentions of it are from pay to play news sites.

  1. Lark,

    Which exchange do you use or recommend to stake USDC or USDT?

    Also, Have you withdrawn a large amount of USDC/USDT to fiat and transferred it to your bank account? I’m just little nervous that my bank will flag me down and either delay the process or stop it…

    1. Thanks for the comment.

      Keep in mind that depositing USDC or USDT to any exchange carries risks that the exchange can go bust and you can lose all of your money.
      Coinbase has a competitive rate on USDC.
      USDT can be deposited at some exchanges like Bybit or Phemex for decent rates.
      DAI can be deposited on chain into the Summer App.

      This is not staking though. To be clear.

      Yes, I have done this. Banks are an absolute pain in the butt. I use an off shore forex broker because my local bank is rather anti crypto.
      I would consider asking your bank about their policies and maybe even getting a second bank account somewhere more crypto friendly.