Passive

Two of every three ADA tokens are currently staked on the Cardano network. If you’re a Cardano staker (or considering it) the benefits are obvious: 3-5% annual percentage yield (APY) on your staked ADAThe ability to deposit or withdraw ADA at any moment (unless you’re using a fixed staking product, e.g. on Binance)Participation in a sociable staking poolParticipation in securing the decentralised Cardano blockchain But if you invested in Cardano prior to the bear market in July 2022, you’ll be feeling…

Key Points: Receiving passive income is possible with cryptocurrencies.Solana (SOL), Bitcoin (BTC), and Parody Coin (PARO) are three great passive income cryptocurrencies.Parody Coin could have more scope for growth than its rivals. The recent crypto collapse took the crypto world by storm. While it is true that the crypto markets us full of pumps and dumps, nothing prepared holders and traders for this massive dump. With Bitcoin (BTC) touching $20,000, many people are now thinking of alternative ways to make…

While lots of people get into crypto for the short-term price gains—that’s not where the real solid money is being made. Yes, crypto can be highly volatile, but picking a coin in the hope it moons within a few days is extremely risky. And while millionaires have been made from such short-term volatility—lots of money has been lost, too. That’s why you need to think more about the long-term, especially the passive income benefits crypto can bring you. It might not double or triple your money…

The freeze on withdrawals from Celsius was another blow for DeFi this 2022. In May, the Terra Luna network and its Anchor Protocol with 19% APY on stablecoin deposits collapsed almost entirely. The headline on the Celsius website still today reads you can be earning ‘18.63% APY in minutes’. Except that you can’t. Because since Monday, June 13th, Celsius has frozen all withdrawals. Why did Celsius collapse? Celsius offered investors a range of attractive yields. These included 7% APY on stablecoins…

Cryptocurrencies have become significantly popular over the years. There are already over 19,000 cryptocurrencies available in the market, and this number is yet to grow. What is the concept of cryptocurrency? While some see cryptocurrencies as the perfect investment opportunity, Edward Snowden, president of the Freedom of the Press Foundation and renowned whistleblower, believes that cryptocurrencies are more valuable as a payment system than an investment. However, cryptocurrencies like Gnox Token (GNOX) offer…

On May 14, 2022, over $40 billion vanished into thin air. Like smoke.You may be thinking this happened due to some sort of fire or robbery, and while I understand why you'll think that, the real answer is much, much more interesting.There are few moments in history where the facts are stranger than fiction. The story of how Luna 1.0 descended from a valuation of $89 per token to less than a thousand of a cent for the same token in less than a week is one of those few wild events (a black swan, if you will) that can't be…

The crypto market down in the dumps lately, but that doesn’t mean you have to be. For starters, all you need to do is zoom out to see that patience is the key to crypto investing. Just as stock prices came back and kicked butt after the .com bubble burst, so too will crypto prices (that is, for those projects that survive). Here’s one project you probably haven’t heard about yet. And when markets are at their lows, this is one of those kinds of projects you want to hear about early on because it is built to…