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Merits of Credit Cards



Credit cards have both advantages and disadvantages. Student cards are a new avenue of making money for the banks. They lure students into buying cards to fulfill their spontaneous cash requirements. However, this turns out to be harmful for students. They do not know which card has what benefits and thus, they do not select the right card for use. What is more, interest rates on student cards are higher than those on other credit cards. These give an easy money option for students who are staying away from their parents, in a boarding school or a student hostel. This provides a good source of easy cash in times of a cash crunch. Such cards become heavenly in times of emergency.

How to use it?

A credit card can free the holder from the headache of obtaining funds. It is a good source of all-time money. But, it is necessary to educate students which card is best for them. Student cards invariably have low credit limits. This is done to put a cap on student spending. This will make the student self-dependent and help him/her take his own decisions when it comes to deciding his needs and his wants. Normally, a student spends on books, CDs, food, clothes and electronic accessories. Student cards which are jointly issued with a parent offer two bills, one to the parent and the other to the student. This enables the parent to check the spending patterns of their ward.

Student cards are fairly easy to get. All banks are falling over themselves to issue their own credit cards to students. This normally happens with students who are joining some professional course like engineering, medical, management, etc. Students from these courses generally need cash at a short notice.

Other credit cards

There are other cards for adults, which offer many benefits to the user. Some of these benefits include no surcharge for fuel on certain petrol pumps, discounts on ticket booking on the Indian railway website, discount offers in dining at fine dining restaurants, preferential health insurance, accidental insurance benefits, discounts in film theatres, reward points on spending on the card, discounts on food at well-known outlets like Pizza Hut, Coffee Day, Dominoes, etc. Additionally, some cards also offer doctor-on-call, concierge services, cash back on paying utility bills, etc. There are a lot of credit cards from other banks or financial institutions, all of which have tie-ups with their partners through which they offer discounts to customers. Credit cards are particularly useful when we must cash at a short notice in the time of medical emergencies or calamities.



AXO — The Most Promising Monetary Solution in South America



AXO — The Most Promising Monetary Solution in South America

Axolotl MXN announces the launch of crypto token AXO to increase the adoption of the Mexican Peso (MXN). AXO token will work as a stablecoin. Hence, each AXO holds the price of MXN $1. 

AXO is the first crypto token for the Mexican Peso (MXNT) makes its debut. Currently, the AXO token is present on Uniswap. Our platform will be soon integrated with different other exchanges which further facilitate the exchange of MXNT.

Use Case:

Moreover, AXO will provide many use cases. More so, AXO is the native currency on the Axolotl MXN ecosystem. Users on the platform can utilize AXO to purchase goods and services on the Axolotl protocol. Added to this, users can also utilize AXO to complete transaction fees and could even get a discount. 

AXO will facilitate lending, borrowing, and staking. In addition, AXO will be accepted in many commercial locations such as convenience stores, restaurants, and many others. Moreover, the token contains many other promising features. Even more, the biggest thing to be noted is that it is fiat money backed crypto which eliminates volatility as all AXO is equal to MXN $1 at all times. 

AXO is also accessible easily, and users can swap tokens easily for the Mexican Peso to withdraw fiat currency seamlessly. Moreover, AXO comes with full transparency and operates by reputable financial organizations. In specific, AXO runs on blockchain technology which confirms absolute security as well.

The combination of the finest brains

There are brilliant minds of experienced and skilled personnel behind AXO. Elias Sitton Salame who is the CEO of the company has years of experience in the FinTech sector. In addition, he aims to steer the project to its huge success. Along with him, there are CFO — Diego Quinzaños Solorzano, CTO — Érick Bernal Navarro, and co-founder Óscar Giovanny Bernal. 

Together, the team plans to launch AXO’s platform by early 2022. Even more, the platform will facilitate the issuance and receipt of direct payments for individuals and businesses. The aim is to enable the fast adoption of MXNT at low costs.

Are you wondering how to purchase AXO? Here is the way users can contact AXO directly. In addition, they can also stay as distributors. The project focuses on revolutionizing the financial ecosystem by contributing growth through a wide network of distribution. In addition, the platform will also make alliances with many international world-class firms. 

All-in-all, MXN was chosen to be the fiat currency for backing up AXO. As one of the top 10 most utilized currencies in the world, also being the third most used for remittances, it is also the most stable currency in Latin America.  

About AXO Token 

AXO is the first Mexican digital asset backed 1:1 by MXN. Moreover, MXN is among the top 10 performing fiat assets in the world. MXN is also the most stable fiat currency in Latin America. 

About Axolotl MXN

Investment Promotion Company Axolotl MXN processes fiat bookings to guarantee tokenized currencies. Axolotl MXN was established in compliance with Mexican law. Since the launch of the company, it has continually worked with renowned international accounting brands to verify that the 1:1 is always maintained.

Disclaimer: This is a paid Press Release. Any information contained in this website is not proposed to be and doesn’t constitute financial advice, investment advice, trading advice, or any other advice. The NewsCrypto is not responsible to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release.

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Jet Protocol Lists on AscendEX



Jet Protocol Lists on AscendEX

AscendEX is thrilled to announce the listing of the Jet Protocol token (JET) under the trading pair JET/USDT on Oct. 14 at 1 p.m. UTC. To celebrate the listing of JET, AscendEX will host two separate auctions that will take place simultaneously on October 13 between 1 p.m. and 2 p.m. UTC.

Jet Protocol will be launched as an open-source, non-custodial, borrowing and lending protocol on the Solana Blockchain. It engineers new possibilities for capital efficiency, performance, and scalability. Jet allows users to participate in lending pools where they deposit supported tokens to receive interest, or “yield” over time, as participation incentive. Those deposits remain in a pool used for issuing loans to other users for as long as the assets remain delegated. 

Jet believes that borrowing and lending protocols are integral to the DeFi ecosystem. The decision to build on Solana was based on its unmatched transaction speed and low fees. The Solana integration will allow Jet to contribute and grow on-chain DeFi lending. The project anticipates a gradual integration of broader interest and more efficient trading. In addition to lending, Jet will introduce interest rate products and secondary markets on Serum, facilitating ongoing, community-driven, lending product research and development. Through these methods, Jet makes it easy for users to earn interest with their JET tokens.

Jet is planning to launch with a dedicated governance system that leverages their founding team’s unique and extensive experience in protocol governance. This governance-oriented approach aims to work with the community to set a clear precedent toward how the Protocol will operate. Jet will innovate on tested governance models from existing protocols while focusing on community ownership and engagement. The most important aspect of this approach is to build an inclusive community to research, design, and implement useful lending products. So, the token holders will have a say in the future of the platform. This focus on community is core to Jet’s mission of bringing DeFi protocols into the mainstream.

Prior to a successful mainnet launch this week, Jet recently completed a follow-on funding round that included AscendEX among other partners bringing in a total of $6.8mm to the project. This latest fundraise has highlighted the strong support for Jet from a variety of stakeholders including AscendEX.

About AscendEX 

AscendEX is a global cryptocurrency financial platform with a comprehensive product suite including spot, margin, and futures trading, wallet services, and staking support for over 200 blockchain projects such as bitcoin, ether, and ripple. Launched in 2018, AscendEX services over 1 million retail and institutional clients globally with a highly liquid trading platform and secure custody solutions. 

AscendEX has emerged as a leading platform by ROI on its “initial exchange offerings” by supporting some of the industry’s most innovative projects from the DeFi ecosystem such as Thorchain, xDai Stake, and Serum. AscendEX users receive exclusive access to token airdrops and the ability to purchase tokens at the earliest possible stage. To learn more about how AscendEX is leveraging best practices from both Wall Street and the cryptocurrency ecosystem to bring the best altcoins to its users, please visit

For more information and updates, please visit:





About Jet Protocol

Jet Protocol will launch as an open-source, non-custodial borrowing and lending Protocol on the Solana Blockchain. Jet re-engineers what’s possible in terms of capital efficiency, performance, and scalability on Solana. The Protocol allows users to participate in lending protocols where they deposit supported tokens to the platform and then receive interest on their deposits to incentivize participation.

For more information and updates, please visit:





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PepsiCo Chief Financial Officer: We Don’t Intend To Invest Cash In Bitcoin



PepsiCo Chief Financial Officer: We Don't Intend To Invest Cash In Bitcoin

Just recently, Bitcoin has been spiking again. But the influential CFO of PepsiCo – Hugh Johnson, clearly stated that America’s corporate society wouldn’t bulge by the digital currency’s seductive price appreciation.

Moreover, he added that corporate America wouldn’t indulge the world’s lead digital currency by putting it on their balance sheets.

Hugh’s Reasons For Disagreeing With Utilizing Bitcoin

Although the masses predict that the price increase will entice more whale investors, Johnson informed that the contrary should be the case. Bitcoin’s high speculativeness is a contrast to the financial safety companies’ desires to handle their assets.

Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course

Undeniably, Bitcoin’s alluring movements within the past few months provided a tremendous financial advantage to non-conformist CEOs who invested in BTC.

However, it is also a warning to conventional managers of the significant risks they’d batter with funds saved for share buybacks, new plants, contingencies, and acquiring new opportunities.

Two CEOs Who Leveraged Bitcoin Recently

Bitcoin’s upsurge has currently surmounted a jackpot for the two CEOs who traded massively on the cryptocurrency. Elon Musk (CEO of Tesla Motors) and Michael Saylor (CEO of MicroStategy).

BTC is trading in an upward trend | Source: BTC/USD on

After struggling at around $42,974 the week succeeding China’s crypto ban, BTC skyrocketed 24.164%. Its price reached $54,600, the second-highest price record since May 12, 2021. Tesla’s 42,000 BTC tokens spurred by over $630,000,000.

Related Reading | Miner Refunds The Giant Sum Of 7,626 Ethereum Mistakenly Sent By Bitfinex

Currently, those tokens are at a bullish course of over $830,000,000 – which is close to an 85% increase from the pre-tax income during the first half of 2021.

Whereas MicroStrategy’s potential profits on its portfolio of 109,000 BTC spiked by over $1.5 billion, giving an overall amount of $3.1 billion. However, the company had lost over $409 million in pre-tax within the first two quarters of 2021.

Featured Image by Pexels - Charts by TradingView
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Charlie Lee Sums Up Litecoin’s 10 Years History. Part One: Fair Launch



Charlie Lee, Litecoin header

The creator of Litecoin, Charlie Lee, is ready to celebrate the coin’s 10th anniversary. What better way to do it than by giving the public the oral history of Litecoin. Of course, that’s a figure of speech. Since it’s 2021, he gave us that “oral history” through a Twitter thread. And what a thread it is. It takes us back to the very beginning of the cryptocurrency space and, using documentation and images, lets us in on the secrets, the inner jokes, and the wholesomeness of times past.

Related Reading | Led By Litecoin, Mid-Cap Altcoins Bleed With Bitcoin

In this first installment, Charlie Lee will cover the most crucial part of the story: Litecoin’s fair launch. Buckle up people, it’s going to be a wild ride!

Charlie Lee On Altcoin’s Prehistory

A lot of projects saw the light of day after Bitcoin and before Litecoin. He names:

  • Namecoin. 
  • Ixcoin
  • Iocoin
  • Solidcoin
  • Tenebrix 

And somberly declares, “Every one of these coins are now dead.” According to Charlie Lee, the reason for their demise was a lack of fairness. “Most of these altcoins have a huge premine. Tenebrix for example had 7 million coins premined. That means the creator has incentives to pump the coin to a high price so he/she can profit massively without much work.” 

Then, Charlie Lee gives us the definition of “Ninja mining.” “If a coin was not premined, you get things like ninja mining. That’s when a coin is released silently to friends and family.” And tells us that some of those projects launched without releasing the source code to the public. The kicker, of course, is that Litecoin was a response to all of that nonsense. Fairness was crucial, and it’s the main reason the project still exists today. 

LTC price chart for 10/08/2021 on Kraken | Source: LTC/USD on

Litecoin’s Prehistory

After Charlie Lee settled on the name Litecoin, his first action was to buy all the related domains. “What a great move in hindsight. So now, we don’t have something like promoting Litecoin Cash instead of Litecoin. $38.85 well spent!” Shots fired! Friendly shots, though, but shots nonetheless.

An interesting fact that Lee gives us is that, even though coding the coin was easy, the hardest thing to create was the genesis block. “The hardest part was actually to create the genesis block. Satoshi never documented how he did it and the code to do that was not checked in with the Bitcoin source code.” So, he did “some reverse engineering” and created this block right here. And then, Charlie Lee gives us another amazing factoid. “What a lot of people didn’t know is that I put the headline of Steve Job’s death in the genesis hash. This proves that the genesis block was created after 10/5/11.

Litecoin’s launch thread in the legendary Bitcointalk forums is an archeological artifact from forgotten times. The story starts with:

“Litecoin is the result of some of us who joined together on IRC in an effort to create a real alternative currency similar to Bitcoin.  We wanted to make a coin that is silver to Bitcoin’s gold.  Various alternative currencies have come and gone.  Some brought innovation, but they all had problems.”

A hilarious story is that a young Vitalik Buterin hated the Litecoin name and said so in the launch thread:

Back to the Twitter thread, Charlie Lee tells us, “The code was available for anyone to download and compile. So they can check the code to make sure.” And later on, that “People were able to immediately mine on testnet to make sure everything works on their system. This is very important.” The table was set for…

Litecoin’s Fair Launch

Since everyone that wanted to was “prepared to mine at launch,” Litecoin had the coveted fair launch. “To accomplish this, I of course had to share the genesis block with everyone. But I can’t just do that because people can mine a long chain in private from that genesis block.” And then, Charlie Lee reveals how he hid it.

And he confesses, “So I lied, there was a 2 block premine of 100 coins. The genesis coins cannot be spent.” However, he had already told this to the community in that Bitcointalk thread:

“Litecoin will come with 150 premined coins: just the genesis block and the first 2 blocks to confirm the genesis is valid.“

Related Reading | Litecoin Foundation’s Project Director Makes The Case For LTC’s Network Effect

Then, Chalie Lee created a poll to ask the community when to launch. The option that he wanted didn’t win. Since fairness was what he aimed for, he prepared everything for the day the small community had decided. And then, he rickrolled them!

Then, he posted the missing configuration parameters on the Bitcointalk thread and everybody was off to the races.

And, as they say, the rest is history. To close this chapter, Charlie Lee leaves modesty aside, “I think I managed to pull off the fairest launch of any coin. And that is one of the biggest reasons why Litecoin succeeded. Surprisingly, very very few coins copied Litecoin’s launch.

Tomorrow, join us and Charlie Lee to remember what happened between the launch and the present. The article is going to be as full of easter eggs and amazing stories as this one.

Featured Image: Screenshot from the Bitcointalk forums | Charts by TradingView

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Solana Is Now Available To Buy And Sell Via Skrill & NETELLER



Solana Is Now Available To Buy And Sell Via Skrill & NETELLER

Solana is one of the leading cryptocurrencies in the market and a high-performing smart contracts blockchain. Now, Solana is available in Skrill and NETELLER, where users can now buy and sell Solana through Paysafe services. Both Skrill and NETELLER are cryptocurrency services from the specialized payment platform Paysafe. 

Solana is a blockchain platform that prioritizes smart contracts and has an active ecosystem of DeFi and NFT projects. It is a Proof-of-Stake (PoS) blockchain which makes it more friendly than Proof-of-Work (PoW). 

In addition, Skrill and NETELLER users can use their Solana accounts directly via the app. Users can also set up alerts to notify them of major movements in price value. Even more, this service allows users to set up automated options to repeat purchases for the cryptocurrencies available on the two digital wallets. The major cryptocurrencies in the wallets are Bitcoin, Ethereum, Chainlink, and Uniswap. On the other hand, this service is available in countries where Skrill and NETELLER crypto services currently operate. As of now, it is not yet released in the United States.

Skrill is a global payment platform that has been offering simple and secured solutions since 2001. This platform has worked as the best solution for people’s businesses for buying online or sending money to family and friends. Whereas, NETELLER is a digital wallet that works in a simple way for sending and spending money online. It enables users to upload funds using credit or debit cards, bank accounts and other alternative payment options are also available.

Jordan Stoev Views On Solana

The head of crypto services, Skrill and NETELLER from Paysafe, Jordan Stoev says that the addition of Solana to their services is exciting and it would help in the growth of these services. He adds that Solana is growing rapidly in terms of price as well as in terms of projects that it is working on. Moreover, the performance and developments from the ecosystem of Solana will make users use the opportunity to buy and sell cryptocurrency. 

Stoev also stated that:

“With the continuous surge in interest in cryptocurrencies over the last few years, and especially since the outbreak of the pandemic, we are excited to launch new features for our service, such as the addition of Solana.”

However, adding Solana to their services seems to help the platform in terms of growth. The payment solutions have initiated a step for their users to provide better, new, and secured ways to use their money conveniently. As Solana is an improved blockchain solution, the features from the platform will grab the attention of users. Moreover, the cryptocurrency services offer their users a better opportunity to experience the taste of Solana features.

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The Best Books on Cryptocurrency




The Sovereign Individual ~ by James Dale Davidson and William Rees Morg

The Sovereign Individual is one of those books that forever changes how you see the world. It was published in 1997 but the degree to which it anticipates the impact of blockchain technology will give you chills. We’re entering the fourth stage of human society, shifting from the industrial to an information age. You need to read this book to understand the scope and scale of how things are going to change.

As it becomes easier to live comfortably and earn an income anywhere, we already know that those who truly thrive in the new information age will be workers who are not tethered to a single job or career and are location independent. The pull to choose where to live based on price savings is already more appealing, but this goes beyond digital nomadism and freelance gigs; the foundations of democracy, government and money are shifting.

The authors predicted Black Tuesday and the collapse of the Soviet Union, and here they foresee that the rising power of individuals will coincide with decentralized technology nibbling away at the power of governments. The death toll for the nation states, they predicted with extraordinary prescience, will be private, digital cash. When that happens, the dynamic of governments as stationary bandits robbing hard-working citizens with taxation will change. If you’ve become someone who can solve problems for people anywhere in the world, then you’re about to enter the new cognitive elite. Don’t miss this one.

Choice Quotation: “When technology is mobile, and transactions occur in cyberspace, as they increasingly will do, governments will no longer be able to charge more for their services than they are worth to the people who pay for them.”

Sapiens: A Brief History of Humankind ~ by Yuval Noah Harari

Whenever I want to impress on someone how good this book is, I ask: “Do you want to know the fundamental difference between humans and monkeys? A monkey can jump up and down on a rock and wave a stick around and screech to his friends that he’s seen a threat coming their way. ‘Danger! Danger! Lion!’ A monkey can also lie. It can jump up and down on the rock and wave a stick around and screech about a lion when there is, in fact, no lion. He’s just fooling around. But what a monkey cannot do is jump up and down and wave a stick around and screech, ‘Danger! Danger! Dragon!'”

Why is this? Because dragons aren’t real. As Harari explains, it is human imagination, our ability to believe in and talk about things we have never seen or touched that has elevated the species to cooperate in large numbers with strangers. There are no gods in the universe, no nations, no money, no human rights, no laws, no religions and no justice outside the common imagination of human beings. It is us that makes them so.

All of which is a rather magnificent preamble to where we are today. After the Cognitive Revolution and the Agricultural Revolution, Harari guides you into The Scientific Revolution, which got underway only 500 years ago and which may start something completely different for humankind. Money, however, will remain. Read this book to understand that money is the greatest story ever told and that trust is the raw material from which all types of money are minted.

Choice Quotation: “Sapiens, in contrast, live in triple-layered reality. In addition to trees, rivers, fears and desires, the Sapiens world also contains stories about money, gods, nations and corporations.”

The Internet of Money ~ by Andreas M. Antonopoulos

If the two books mentioned above help us to understand the historical context in which Bitcoin first appeared, then this book expands on the ‘why’ with infectious enthusiasm. Andreas Antonopolous is perhaps the most respected voice in the crypto space. He’s been traveling the world as a Bitcoin evangelist since 2010 and this book is a summary of talks he gave on the circuit between 2013 and 2016, all tightened up for publication.

His first book, Mastering Bitcoin, is a technical deep-dive into the technology, aimed more specifically at developers, engineers, and software and systems architects. But this book uses some choice metaphors to explain why you can’t ban Bitcoin or turn it off, how the scaling debate doesn’t really matter and why Bitcoin needs the help of designers to lock in mass adoption.

“When you first ride your brand new automobile in a city,” he writes, “you are riding on roads used by horses with infrastructures designed and used for horses. There are no light signals. There are no road rules. There are no paved roads. And what happened? The cars got stuck because they didn’t have balance and four feet.” But fast forward one hundred years and the cars that were once ridiculed are absolutely the norm. If you want to swim around in the philosophical, social and historical implications of Bitcoin, this is your starting point.

Choice Quotation: “Bitcoin is not just money for the internet. Yes, it’s perfect money for the internet. It’s instant, it’s safe, it’s free. Yes, it is money for the internet, but it’s so much more. Bitcoin is the internet of money. Currency is only the first application. If you grasp that, you can look beyond the price, you can look beyond the volatility, you can look beyond the fad. At its core, Bitcoin is a revolutionary technology that will change the world forever. Join.”

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How to Make Her Mine




Times are gone when companies in the absence of Database need to collect the Data on purpose via recording the time-to-time Business transactions, customer’s purchases and customer’s returns and so on! Further, this database was considered as the primary source of forecasting the Business’s needful in future. On the contrary, upon the introduction of Web Data Mining Company that progresses the best Data Mining Services for the sole purpose of creating a Database (which is far bulky and informational) and then, the extraction of the Database for the creation of new information in the form of patterns, sets, correlations, and hierarchies. This categorized information assists in the creation of Value from Big Data in the form of new market trends, customer’s preferences and others. Here is how the application of Data Mining Strategies consequence in the creation of value-

“Management of Performance” matters when the Database is internal. Internal database refers to the kind of Data or information coming from the information put on the table by the Business’s employees itself. For an instance, transactions in the context of customers, inventory level, and other turnovers. Via Data Mining, the simple records present in the Business books can grant information comprising in-effective customer segment, stored inventory to cut off and others in the form of on reports, graphs, patterns, and forecast. Usage of the brand-new information may help the manager to make short-term and long-term executions.

In the episode of Best Data Mining Services, all better decisions come from the “Decision Science.” Indeed, decision science has been one of the most effective Data Mining strategies considered by Whirlpool in the year 2009 to enhance the customer satisfaction through exploring the customer’s real-time comments and reviews on social media platforms. Yes! Decision Science stands for the external database which is customer-generated. Decision Science, customer’s feedback in the form of reviews is studied to create utilizable information. These social Media Platforms more often involves Facebook, Twitter, LinkedIn, Instagram, Google+ and Pinterest. One of the most popular examples of Decision Science is “My Starbucks Idea programme.”

Data Exploration stands for the deep studying of Data considering statistics as the primary method. More often, the use of this strategy put on the table by Web Data Mining Company is to generate the hidden patterns and non-smoky cooking trends in the market. Whilst Data Exploration-predictions and patterns in the context of Customer’s behaviour are created on the basis of prior Business interactions with customers. As per the experts of Loginworks Softwares, the leading Web Data Mining Company, Data Exploration consequences in the upgrading of services, enhancement of selling behaviours and revision of email/SMS marketing content 60 percent of the times.

Summary: Three effective strategies for the creation of Value from Big Data by the application of Data Mining Services. These Strategies are-Data Exploration, Performance Management, and Decision Science. Social Media Analytics also play an essential role.

Author’s Bio: Loginworks Softwares is a top-notch Web Data Mining Company to grant several of Businesses a silver lining of Database with the purpose of expansion of their respective Businesses belonging to different industries.

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Boost Your Retirement Through Investing Into Cryptocurrency




Across the world, human life expectancy has grown by leaps and bounds. Compared to the 1950s, it has shot up by 50% and comparison with 1980s it has increased by 30%. Long gone are the days when company-sponsored pension plans alone were sufficient to spend one’s golden ages in a relaxed and worry-free manner.

Today, with ascend other expenses like housing, education, healthcare and more, several people are finding it increasingly challenging to save for their retirement.

Unfortunately, the bitter truth is that people of all generations from baby boomers to millennials aren’t saving enough for their retirement. Saving is one of the most underrated worldwide epic crises.

“Retirement is complicated. It’s never too early or too late to start preparing for your Retirement.”

Thus, people are trying for alternate opportunities that provide them with higher returns in shorter span period. Traditionally, real estate, private equity and venture capital was wanted. Now, a new and more additional moneymaking and lucrative investment has joined the picture – enter cryptocurrencies.

Cryptocurrency Investments – For those who don’t want to place all their Eggs in one Basket

One of the biggest advantages of cryptocurrency investments is that it decouples your portfolio from reserve currencies. Say, if you live in the UK, then you’re bound to have shares of UK-based companies in your retirement portfolio, if you’re into equity. What will happen to your portfolio if the British pound were to crash? And given, today’s volatile political scenario across the globe, nothing is certain.

Therefore, cryptocurrency investments make the most sense. With digital currency investments, you’re effectively creating a basket of digital coins, that acts as an effective hedge or as a safe bet, against reserve currency weakness.

The average investor should allocate only a small portion of his/her retirement assets into crypto, due to its volatility. But, instability can cut back both ways – think back to the healthcare stocks of the 1950s and the tech stocks of the 1990s. The smart early investors were the ones who made it big.

Don’t get left behind or lose out. Include crypto in your assets to start building a truly, diversified portfolio.

Cracking the Wall – Build your Trust in Cryptocurrencies

One of the biggest and foremost hurdles most first-time crypto investors face is that they can not trust digital currencies. Many, especially people who are not tech-savvy or nearing retirement do not perceive what the promotion is all about. Sadly, they fail to realize and appreciate the myriad potentials of cryptocurrency.

The reality is that – Cryptocurrencies are one of the most reliable assets, backed with the latest technology. The blockchain technology that powers digital currencies makes it possible to trade immediately and indelibly without the requirement for third-party verification. It’s a peer-based system that is entirely open and runs on advanced cryptographic principles.

Retirement Planning Funds Should Work on Demystifying Cryptocurrencies

To build the trust and win the support of individuals, retirement planning funds must educate investors about the endless potentials of cryptocurrencies. For this they need advanced analytics that helps in providing reliable risk analysis, risk/return metrics and projections.

Additionally, investment firms can set up specialized cryptocurrency advisory services to help and guide new investors. In the coming years, one can expect several smart AI-based advisors to crop up on the scene – these will assist in calculating the right investments based on an individual’s time horizon, risk tolerance and other factors.

Human advisors can work along with these intelligent advisors and provide customers with personalized consultation and other suggestions as and when needed.

Need for More Visibility and Comprehensive Control

Retirement investors who are looking to add cryptocurrencies to their asset portfolio require more control and visibility as they experiment with this new asset. Look for platforms that let you combine all your assets in one place. An integrated solution that enables you to manage and balance all your assets including traditional ones like bonds and stocks with new asset classes like cryptocurrency wallets.

Having such a broad platform that supports all your assets gives you a holistic portfolio analysis, helping you make better and more informed decisions. Thereby, you reach the ultimate aim of saving for your goals faster.

Look for investment planning portals that also provide additional features like periodic contributions to cryptocurrencies at scheduled or unscheduled intervals.

Advances in Supporting Technologies for Cryptocurrency Investing

Cryptocurrency investing will become mainstream only when the supporting technology makes it possible for investors to seamlessly trade coins, even for new investors who aren’t aware of the know-how. Exchanging one digital coin for another, or even for fiat currencies and other non-tokenized assets must be all made possible. When this becomes possible, it will eliminate middlemen from the equation, thereby lowering costs and additional fees.

With maturation of technologies that support cryptocurrency investments and trading, the value of digital currencies will further increase, as the currency goes mainstream with broader accessibility. This means early adopters are in for a huge gain. As more and more retirement investment platforms integrate cryptocurrency, the value of digital currencies is bound to increase offering significant gains to early adopters like you.

If you’re wondering, whether such retirement investment platforms will take a few years to see the light of the day, then you’re wrong. Auctus is one such portal that is currently in its Alpha phase of launch. It’s a first-of-its-kind retirement portfolio platform that includes digital currencies. Users of Auctus can get investment advise from both human and AI-powered analytical tools.

For now, users can save for retirement using Bitcoins, Ethereum and several other digital currencies. Additionally, users can make use of the Automated rebalancing feature that lets them adjust their portfolio automatically using a set of preset rules.

This holistic approach ensures that users can achieve their retirement goals earlier by making smart and the right investment choices or decisions.

Final Thoughts – Cryptocurrencies are Not to be Ignored in your Retirement Portfolio

Yes, it’s true that cryptocurrencies are highly volatile. In fact, there are speculations on the internet that suggest that “cryptocurrencies are nothing but a get rick quick scheme” and the bubble is likely to burst sometime in the near future.

The uncertainty doesn’t mean that cryptocurrencies shouldn’t be a part of your retirement portfolio, even if you short investment time horizons. On the other hand, the current slump in the prices of cryptocurrencies in 2018 mean you’ve got a rare opportunity to build gains.

Greater trust, holistic and directly controllable investment management capabilities and advances in supporting technologies ensure that digital currencies make for an excellent investment choice to include in your retirement portfolio.

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TA: Ethereum Lacks Momentum But This Level Could Trigger Fresh Rally




Ethereum extended its rally towards the $3,650 level against the US Dollar. ETH price is correcting gains, but dips are likely to remain limited below $3,500.

  • Ethereum started a fresh increase above the $3,600 resistance level.
  • The price is now trading above $3,500 and the 100 hourly simple moving average.
  • There was a break below a contracting triangle with support near $3,580 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could start a fresh increase as long as it is above the $3,500 level.

Ethereum Price Remains Supported

Ethereum remained in a positive zone above the $3,500 resistance zone. ETH was able to climb above the $3,600 level and the 100 hourly simple moving average.

The price even spiked above the $3,600 level, but there was no upside continuation. Ether traded as high as $3,652 before it started a downside correction. There was a break below the $3,600 level. The price traded below the 23.6% Fib retracement level of the upward move from the $3,343 swing low to $3,652 high.

There was also a break below a contracting triangle with support near $3,580 on the hourly chart of ETH/USD. The price is now consolidating near the $3,550 level. An immediate resistance on the upside is near the $3,580 level. The first major resistance is near the $3,600 level.

Source: ETHUSD on

The next major resistance is near the $3,650 level, above which the price might accelerate higher. In the stated case, the price may possibly rise towards the $3,700 level. The next key resistance could be $3,800. Any more gains could lead the price towards the $3,880 level.

Dips Limited in ETH?

If ethereum fails to continue higher above the $3,600 and $3,650 resistance levels, it could extend its decline. An initial support on the downside is near the $3,550 level.

The first key support is now forming near the $3,500 level and the 100 hourly simple moving average. It is close to the 50% Fib retracement level of the upward move from the $3,343 swing low to $3,652 high. Any more losses could lead ether price towards the $3,450 support zone.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is slowly moving in the bearish zone.

Hourly RSIThe RSI for ETH/USD is now below the 50 level.

Major Support Level – $3,500

Major Resistance Level – $3,650

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TA: Bitcoin Starts Corrective Decrease, $53K Holds The Key




Bitcoin started a downside correction from the $55,700 zone against the US Dollar. BTC is correcting lower, but dips remain supported near $53,000 and $53,200.

  • Bitcoin started a downside correction from well above the $55,500 level.
  • The price is now trading above $53,000 and the 100 hourly simple moving average.
  • There was a break below a key bullish trend line with support near $53,100 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could correct lower, but the bulls are likely to remain active near $53,000.

Bitcoin Price Corrects Lower

Bitcoin price remained in a positive zone above the $52,000 resistance. BTC even broke the $55,000 resistance level and settled above the 100 hourly simple moving average.

However, the price failed to continue higher above the $55,700 zone. A high was formed near $55,770 before there was a downside correction. The price corrected lower below the $55,200 support level. The price even traded below the 23.6% Fib retracement level of the upward wave from the $50,365 swing low to $55,777 high.

There was also a break below a key bullish trend line with support near $53,100 on the hourly chart of the BTC/USD pair. An immediate support on the downside is near the $53,500 level.

Source: BTCUSD on

On the upside, an initial resistance is near the $54,500 level. The first major resistance is near the $55,000 level, above which the price could accelerate higher. The next major resistance sits near the $55,500 level. Any more gains could set the pace for a move towards the $58,000 level.

Dips Limited In BTC?

If bitcoin fails to clear the $55,000 resistance zone, it could continue to move down. An immediate support on the downside is near the $53,500 level. The first major support is now forming near the $53,100 level.

The next major support is near the $53,000 level. It is near the 50% Fib retracement level of the upward wave from the $50,365 swing low to $55,777 high. Any more losses could open the doors for a move towards the $52,500 level. The next key support sits near the $52,000 level.

Technical indicators:

Hourly MACD – The MACD is now moving in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major Support Levels – $53,500, followed by $53,000.

Major Resistance Levels – $54,500, $55,000 and $55,500.

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