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JPMorgan says this cryptocurrency is a better buy than Bitcoin

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The increasing applications of cryptocurrencies are making them less vulnerable to interest rates

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Bitcoin may grab the most headlines, but America’s largest bank says Ethereum, the world’s second most valuable cryptocurrency, may be its best bet as interest rates begin to rise.

In a recent report, analysts at JPMorgan stated that the growing number of Ethereum uses — peer-to-peer lending, NFTs, gaming, stablecoins — should help it maintain its value in a climate of rising interest rates.

On the other hand, Bitcoin can be assigned to a (other) slice.

“Rising bond yields and the eventual normalization of monetary policy are putting downward pressure on bitcoin as a form of digital gold, in the same way that higher real yields are putting downward pressure on traditional gold,” the report says.


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Ethereum may be “safer” than Bitcoin, but this is a cryptocurrency we are talking about, so volatility is part of the game. However, there are ways to expose yourself to Ethereum without buying any actual tokens. These three look so much fun

Queen Piece

Coinbase logo on a glass office building

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As the largest cryptocurrency exchange in the United States, Coinbase is in a prime position to benefit from the rise in Ethereum trading, earning transaction fees on every sale or purchase.

Many of the cryptocurrencies sold on the exchange are powered by the Ethereum blockchain, which means that a bet on Coinbase is essentially a bet on Ethereum itself. Their future is tightly bound.

The only thing you want to see in any stock is the ability to grow, and Coinbase has that in spades. In the second quarter of 2020, Coinbase had 1.5 million monthly users; A year later, this figure reached 8.8 million. During the same period, net revenue grew from $178 million to $2.03 billion.


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Coinbase stock, which is currently trading at around $314, has fallen about 4 percent since the company went public in April. And you don’t need to deduct the full share price either, some investment apps allow you to buy partial shares from Coinbase.

Robinhood Markets

Download the Robinhood app on your phone

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Looking at Robinhood’s stock performance since it went public in July — down more than 20 per cent — you might wonder if the meme stock juice the company has been working on is fading away.

It’s a fair question, but Robinhood isn’t just a commission-free stock trading platform (Wealthsimple Trade is the Canadian equivalent). The discount broker has facilitated Bitcoin and Ethereum trading since way back in 2018, and now allows users to buy and sell Litecoin and Bitcoin Cash.


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Robinhood’s crypto offerings have been paying off for the company, too. Cryptocurrency revenue in the second quarter of 2021 was $233 million, over 40 times What it was a year ago.

HIVE Blockchain

Cryptocurrency mining farm

Cryptocurrency mining farm | Mark Agnor/Shutterstock

HIVE Blockchain, a cryptocurrency miner, is one of many companies that are turning massive amounts of computing power into crypto tokens. Mines HIVE Bitcoin, Ethereum and Ethereum Classic.

The amount of energy required to mine cryptocurrency creates environmental concerns among prominent investors, including Tesla CEO Elon Musk, and HIVE is focused on using green energy in mining.

HIVE has plans to focus on and focus on other cryptocurrencies once Ethereum 2.0 is launched, but its business remains highly dependent on Ethereum and should provide decent exposure to Bitcoin’s little brother in the near to medium term.


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HIV investors (HIVE) had a hit in 2021. The company’s stock price has doubled since the beginning of the year.

Avoid Cryptocurrency Fluctuations Totally – However, Come Ahead

Woman sitting on a bench looking at Claude Monet's painting of water lilies

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Investing in cryptocurrency is not for everyone. runaway price swings and swings, Many Questions about its future as a currency make it a risky game in the short and long term.

If the cryptocurrency market is a no-go for you, and you think the stock market looks like it’s ready to go down, it might be time to get a piece of some real assets, like commodities.

Another option is contemporary art, which has solidly outperformed the S&P 500 index nearly every year since 1995.

Investing in modern masterpieces does not require millions of dollars. With the help of a popular new app, you can buy shares in a business that is quickly appreciating in value by Claude Monet, Andy Warhol, and even Banksy.

You won’t be able to look at them on your wall, but seeing them in your wallet should inspire.

This article was created by Wise Publishing. Wise is dedicated to providing information that helps readers navigate the complex landscape of personal finance. Wisdom partners only with brands you trust and believe may be of interest to the reader. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.



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