It’s time to wake up and smell the money. The most exciting crypto use cases are earning yield and getting low-interest credit loans, especially since your bank is only offering pennies. Nexo is leading the charge in this arena with 360-degree crypto banking services.If you are looking to park your crypto, sit back, and earn some yield, you can make up to 12% annual interest by doing nothing. If you’re in the market for a loan, they have them for as little as 5.9% APR and you don’t have to sell your crypto which is a taxable event. Nexo’s credit lines are dynamic, meaning that as the value of your crypto goes up, so does your available credit. Really cool and innovative.Check Nexo out and put your crypto to work for you.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COSince PayPal first introduced limited support for cryptocurrencies, I made two predictions: PayPal will allow withdrawals, and PayPal would add additional support for more tokens. As of yesterday, it was officially announced that “a withdrawal function is in the works.” This is a huge step in the right direction for their implementation of crypto, showing that even a legacy company can understand that the beauty of crypto lies in the individuals’ ability to move their assets where they please without the need of powerful 3rd party custody. It will also prove that a major company can make the transition to self-custody from in-house custody.PayPal will likely continue to serve as a launchpad for retail investors and newcomers around the world. Newcomer platforms like PayPal and Cash App aren’t small crypto players - last year they together were buying more Bitcoin than the total being mined. I wouldn't be surprised to see this trend continue as the companies advance their platforms and continue to release positive quarterly reports. All that is left is for PayPal to add support for new tokens.Moves like this are massive for mainstream adoption, because they allow skeptical people to buy crypto on a platform that they already use and trust. One of the largest barrier to entry has always been that people don't trust crypto exchanges or do not want to go through the hassle of signing up for yet another platform.We are going mainstream.This newsletter is always sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.In This Issue:PayPal Allowing Crypto WithdrawalsBitcoin Thoughts And AnalysisAltcoin ChartsChart RequestsCarl Icahn Is Eyeing The Crypto SpaceApple is Hiring Cryptocurrency ExpertsRipple Still Plans To Go PublicThe Wolf Of All Streets Podcast Ft. Max KeiserMy Recommended Platforms And Tools
The Wolf Den #251 - PayPal Ups The Ante
The Wolf Den #251 - PayPal Ups The Ante
The Wolf Den #251 - PayPal Ups The Ante
It’s time to wake up and smell the money. The most exciting crypto use cases are earning yield and getting low-interest credit loans, especially since your bank is only offering pennies. Nexo is leading the charge in this arena with 360-degree crypto banking services.If you are looking to park your crypto, sit back, and earn some yield, you can make up to 12% annual interest by doing nothing. If you’re in the market for a loan, they have them for as little as 5.9% APR and you don’t have to sell your crypto which is a taxable event. Nexo’s credit lines are dynamic, meaning that as the value of your crypto goes up, so does your available credit. Really cool and innovative.Check Nexo out and put your crypto to work for you.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COSince PayPal first introduced limited support for cryptocurrencies, I made two predictions: PayPal will allow withdrawals, and PayPal would add additional support for more tokens. As of yesterday, it was officially announced that “a withdrawal function is in the works.” This is a huge step in the right direction for their implementation of crypto, showing that even a legacy company can understand that the beauty of crypto lies in the individuals’ ability to move their assets where they please without the need of powerful 3rd party custody. It will also prove that a major company can make the transition to self-custody from in-house custody.PayPal will likely continue to serve as a launchpad for retail investors and newcomers around the world. Newcomer platforms like PayPal and Cash App aren’t small crypto players - last year they together were buying more Bitcoin than the total being mined. I wouldn't be surprised to see this trend continue as the companies advance their platforms and continue to release positive quarterly reports. All that is left is for PayPal to add support for new tokens.Moves like this are massive for mainstream adoption, because they allow skeptical people to buy crypto on a platform that they already use and trust. One of the largest barrier to entry has always been that people don't trust crypto exchanges or do not want to go through the hassle of signing up for yet another platform.We are going mainstream.This newsletter is always sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.In This Issue:PayPal Allowing Crypto WithdrawalsBitcoin Thoughts And AnalysisAltcoin ChartsChart RequestsCarl Icahn Is Eyeing The Crypto SpaceApple is Hiring Cryptocurrency ExpertsRipple Still Plans To Go PublicThe Wolf Of All Streets Podcast Ft. Max KeiserMy Recommended Platforms And Tools