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Amazing! Perfect! Fantastic! Successful Ethereum Merge Activated

Read What Happened as 41,000 Watched

Well, it happened!  The Ethereum Merge has happened, and it was a seamless, complete success, much to the relief of the entire Ethereum development team. On a live feed watched by 41,000 people on YouTube, over 100 members of the Ethereum team and Ethereum’s co-founder, Vitalik Buterin, held their collective breath as they watched the network transition from the final Proof of Work block and the words “POS Activated” flashed across the screen, flanked by two symbolic Pandas, signaling the transition to Proof of Stake was complete. Cheers erupted as the live audience watched the merge occur without a hiccup, the culmination of 4 years of work, and 3 years of discussion prior to that. As block after block on the visualizer on screen was completed without interruption, the new Proof of Stake model marched to the completion of its second step, which one Ethereum team member called “Amazing, perfect, fantastic!” It was an incredible accomplishment, considering that the live transition has been described by Justin Drake, a researcher at the Ethereum Foundation, as “… switching out an engine from a running car.” In the subsequent 15 minutes, all appeared to be going according to plan as the team continued to intently watch, and a collective sigh of relief could be felt after several members of the team described the result as “optimal” and agreed it was all they could have hoped for. One developer excitedly stated that a 99.98% power reduction would result from the new Proof of Stake model, promising massive environmental benefits. Buterin came on screen and commented on the live feed, “This is the first step in Ethereum’s big journey toward being a very mature system … we all just need to work hard and do our part to make all of those other things happen.  To me the merge just symbolizes probably the difference between early-stage Ethereum and the Ethereum we always wanted early-stage Ethereum to become.” Ethereum now enters a new age of development, making it the world’s second biggest blockchain, and even more secure and sustainable. If you're "crypto-curious", we'd love to help.  Visit our website or call at 888-998-COIN to learn more!

The Impact of the Ethereum Merge

Ethereum (ETH) is the second largest cryptocurrency on the market, surpassed in market capitalization only by Bitcoin (BTC), the coin that started it all. Lately, however, Ethereum is the one making the headlines, thanks to the infamous Ethereum merge.  The merge is regarded as the biggest crypto event to this date, because it’s going to shift Ethereum from its current blockchain architecture to a much more energy-efficient operational mechanism. This huge change might be a great potential investment opportunity for people looking to profit from holding ETH. The final hurdle has finally been cleared, and the date for this long-awaited event is currently scheduled for September 15th or 16th. Realizing that does not seem definitive, let’s briefly review the reason why, while trying not to get too technical. To put it as simply as possible, developers determined when the Total Terminal Difficulty (TTD) they set is reached, the last proof-of-work block will be mined, and all future blocks will be produced with proof-of-stake. At the current mining rate, estimates are that the TTD will be reached on September 15th or 16th, and possibly sooner if the mining rate speeds up, or possibly later if the mining rate slows down. Let’s take a closer look at the Ethereum merge, and how it might impact the price of Ethereum.

What Does the Ethereum Merge Mean?

The Ethereum merge, or Ethereum 2.0, has shaken up the crypto world because it signals a shift in Ethereum’s blockchain architecture. Namely, the Ethereum network will change its Proof-of-Work (PoW) consensus mechanism to a completely different mechanism called Proof-of-Stake (PoS). On the day it happens, the Ethereum blockchain’s main chain, known as the Ethereum Mainnet, will merge with the Ethereum Beacon chain and effectively shift Ethereum into a new operational era. The new mechanism will use validator nodes with staked ETH to approve transactions on the Ethereum blockchain. Anyone will be able to become a validator as long as they deposit 32 ETH to start running a node. In the last couple of years, the price of Ether has been fluctuating between 1,500 and 2,500 USD per coin, according to CoinMarketCap, which means that depositing 32 ETH is a considerable amount of money. No one would want to risk losing their 32 ETH by validating a fraudulent transaction, which means that the network can rely on validating nodes for its security.

How the Merge Will Impact the Environment

The Ethereum merge is expected to lower Ethereum energy consumption by 99.9%. Currently, Ethereum and Bitcoin are the largest polluters on the crypto market, because both currencies use the highly energy-consuming PoW consensus mechanism. Instead of heavy mining hardware that consumes enormous amounts of electricity to process the network traffic, with the PoS blockchain mechanism, only network nodes will do the heavy lifting, eliminating the miners altogether.

How the Merge Will Influence the Price of ETH

The merge is a complex technical procedure that involves a lot of computational work on upgrading the Ethereum blockchain. Here’s how the merge might influence the price of ETH.

The Ethereum Development Roadmap

A key factor that influences the price of Ethereum is the project’s development roadmap, a plan that outlines the future development of Ethereum and its short-term and long-term goals. A crypto project’s roadmap can attract a huge number of investors and developers if the core development team manages to deliver on their promises. In the case of Ethereum, Vitalik Buterin, the network’s founder, and his team have updated the network numerous times during the years. As a result, investors feel they can trust the Ethereum ecosystem, knowing there’s an experienced team behind the project with a clear idea about its future development. Ethereum aims to become a super-fast and scalable blockchain network with a high transaction per second capacity and the ability to accommodate tens of thousands of decentralized apps. The merge is just one of Ethereum’s development phases, and judging by the hype surrounding the ETH roadmap, it could result in a price boost.

Technical Consequences

The merge will have huge technical consequences on the way Ethereum works. The whole network will shift to a more efficient operational mechanism, which adds more reliability and stability to the network. This basically means that the Ethereum blockchain will gain more operational quality, which will attract more users, developers, and investors. With an influx of new users, the network’s value will grow over time. A high amount of network traffic and a variety of new projects being developed on the Ethereum blockchain will certainly result in a higher market capitalization for ETH overall. Thus, the merge will give Ethereum a competitive edge over other, smaller crypto projects that also use a similar PoS mechanism, because Ethereum simply has a much larger ecosystem and user base.

Media Coverage

The Ethereum Merge is considered the biggest event ever in the crypto world, and numerous mainstream media outlets are carefully covering the event. The largest players on the media scene such as Fortune, Bloomberg, and the New York Times, are all covering the merge with regular updates about the event. Media coverage (both good and bad press) can considerably affect the value of crypto projects by playing on the public sentiment regarding a specific crypto. So far, the merge is covered with a mixed tone, giving space to both merge enthusiasts who think it’s the best thing that can happen to ETH, and to critics who state that the merge might bring more harm than good. The merge critics fear that the Ethereum network will become heavily centralized if a small number of large-scale investors get to control most of the validator nodes, while merge advocates state that the network is safe from such a scenario. The direction in which the media coverage of the merge will go after the event might contribute to the rise or fall of Ethereum’s price.

The Crypto Community

Last but not least, the crypto community is another factor that can contribute to the price change of ETH after the merge. The community is currently divided between merge enthusiasts and opponents. However, only time will tell who was really right and whose position will prevail in the crypto market. If the merge goes as planned, the merge enthusiasts will probably give a price boost to Ethereum 2.0, but if the merge opponents end up being right, Ethereum might see a downwards price pressure, as well as a boost in the price of Ethereum Classic (ETC).

Ethereum Merge Price Prediction

The price impact of the Ethereum merge is the most important aspect for traders and investors who want to include Ethereum in their Crypto IRAs. The crypto market is known to have a bear market phase where prices considerably drop, as opposed to positive, bull market cycles. However, this doesn’t mean that the price of cryptos such as Ethereum won’t recover. In fact, considering the Ethereum merge news, ETH is probably going to witness new highs during the next bull market cycle. Currently, the ETH merge might provide a price boost to Ethereum, but the real price increase will happen after the current bear market. It’s best to pay attention to Ethereum’s CoinMarketCap page, and closely follow the ETH price action after the merge. As far as Ethereum Classic (ETC) is concerned, the price of ETC might also increase if the current Ethereum miners shift to mining ETC after the merge.

A Few Ending Words…

Ethereum is going through an important development period with the upcoming merge event, which will have a huge impact on the future of ETH and its price. Hopefully, this guide will help you decide whether investing in Ethereum in your Crypto IRA is suitable for you. If you wish to learn more about Crypto IRAs and their benefits, don’t hesitate to contact Coin IRA to speak with an expert who can answer all your questions.

Top Cryptos for IRA Investment

Bitcoin v. Ethereum or Both

The cryptocurrency market has been rapidly growing since the launch of Bitcoin as the first digital currency back in 2009. And even though there are more than 20,000 active crypto projects on the market, according to CoinMarketCap, a huge portion of the total market capitalization goes to Bitcoin (BTC) and Ethereum (ETH), the two undisputed market leaders. Bitcoin is often called “digital gold,” while Ethereum is considered the main altcoin on the market thanks to its firmly established position, second only to BTC. Let’s have a closer look at these two leading cryptos and find out all the details you need to know about them before deciding whether to invest in a BTC or ETH in your IRA.

Bitcoin (BTC)

Bitcoin was the first digital currency in the world. The project was launched back in 2009 by an anonymous developer only known by the pseudonym, Satoshi Nakamoto. Nakamoto first published the Bitcoin whitepaper, where the fundamentals of Bitcoin were laid out -- a peer-to-peer, electronic cash system that allows users to conduct transactions between users with virtual blockchain-based addresses. The idea of virtual cash transactions was so innovative at the time that many financial experts were skeptical regarding Bitcoin’s security, and many people struggled to wrap their minds around the concept. However, with a simple understanding of the blockchain mechanism behind Bitcoin, users quickly started to embrace Bitcoin when they realized how safe it was to conduct BTC transactions. Bitcoin uses a Proof-of-Work (PoW) blockchain mechanism, which relies on independent BTC miners and their powerful computers to check transactions, approve network traffic, and create new blocks on the BTC blockchain. Transactions are visible on the immutable blockchain within minutes, providing proof that the transaction is complete.

Ethereum (ETH)

Ethereum is the second-largest cryptocurrency both by trading volume and market capitalization. The Ethereum project was launched in 2015 by a team of dedicated crypto enthusiasts led by a programmer named Vitalik Buterin. At the time of Ethereum’s launch, existing altcoins such as Litecoin (LTC) were mostly copies of Bitcoin, also used as digital cash, but with some updates and occasional improvements.  Ethereum was a totally different story, because it wasn’t primarily designed as digital money, although it certainly deserves its status as an investment asset.  The success of Ethereum is based in the fact that it is responsible for the creation of smart contracts, which power some of the most important crypto initiatives to date, such as non-fungible tokens (NFTs), decentralized finance (DeFi), and decentralized apps (dApps). In addition, Ethereum provides individuals and developers with a blockchain-based framework for launching decentralized applications (dApps), platforms, and crypto projects, without the need for using computing solutions developed by big data companies.  By using Ethereum’s open-source, native programming language, Solidity,  users can create any type of online platform while hosting it on the blockchain in a decentralized manner.

Key Characteristics of Bitcoin

Digital Cash Transactions

Bitcoin was mainly designed to serve as a digital currency for virtual cash transactions between users across the BTC blockchain. Bitcoin transactions, which are secured with PoW blockchain mechanics, make it virtually impossible for someone to hack your transaction. All you need is a crypto wallet, and you’re ready to send BTC to other Bitcoin addresses and receive BTC from an exchange or other BTC wallet holder.

Store of Value

Bitcoin is a great store of value thanks to its high value per coin and its leading market position. BTC is a highly volatile asset, just like any other digital currency, but with BTC, you can rest assured that it isn’t going to crumble and crash like some lesser-known altcoins. Bitcoin has a history of huge price swings, but thus far, each market cycle reaches a higher low than the previous market cycle’s low. This means that overall, BTC is trending up, even when the price consolidates and retracts for a couple of weeks or months.

Widespread Adoption

Bitcoin is the most widely accepted digital currency in the world. Crypto is still far from full adoption, but the number of businesses, industries, and financial institutions that use or accept Bitcoin is constantly on the rise, which contributes to it value. With its limited supply and increasing demand, Bitcoin’s widespread adoption is another key advantage it has over existing altcoins.

Key Characteristics of Ethereum

Smart Contracts

Ethereum has introduced a revolutionary concept to the world of crypto called smart contracts. A smart contract is a self-executing piece of programming code designed to automate procedures within online apps and platforms. With the help of smart contracts, developers can create fully automated platforms that would usually require human supervision and extensive maintenance. These contracts are a key component of decentralized apps.

Decentralized Apps

Smart contracts are the building blocks of decentralized apps. Instead of using programming resources developed by large, centralized companies, Ethereum introduced the possibility of designing dApps, which are hosted on the ETH blockchain and fully controlled by developers and the crypto community. DApps have numerous use cases and have become a must-have for all contemporary blockchains. The decentralized finance (DeFi) industry, NFT markets, decentralized crypto exchanges, crypto social apps, and gaming platforms are all using dApps and ETH smart contracts.

Ethereum Tokens

Ethereum also enables developers to launch their own digital currencies on the ETH blockchain. There’s no need to launch separate blockchains, as this requires a lot of funds and programming resources. With ETH, users can create their own crypto tokens according to the ERC-20 token standard for launching cryptos. Also, ETH was the first blockchain to introduce non-fungible tokens (NFTs) on the market with their ERC-721 token standard, and we are constantly hearing about NFTs and their unique uses in the news.

Similarities and Differences

  • Both BTC and ETH run on Proof-of-Work blockchains, but Ethereum is transitioning toward a Proof-of-Stake blockchain architecture, making it far more efficient than BTC in terms of transaction volume and processing time.
  • Bitcoin transactions take between 5 and 10 minutes, while ETH transfers usually take up to 5 minutes.
  • Bitcoin has a much larger market cap and price per coin than ETH.
  • Bitcoin is great for crypto payments since thousands of merchants and businesses worldwide already accept BTC payments.
  • Ethereum is more than just digital cash because it’s used as a blockchain development platform, adding more value to ETH. It is Ethereum’s “utility” that has launched it into the #2 spot.
  • Both digital currencies represent a more reliable investment than other altcoins.

BTC and ETH Price

Both BTC and ETH are known for their drastic price fluctuations. BTC started out in 2009 with a value of about a fraction of a US dollar and gradually reached an all-time high of nearly 70,000 USD per coin in late 2021. BTC has since gone through a market correction and dropped down to 20,000 USD, which is still much more than the price bottom of its previous market cycle. Ethereum also started out with a value of less than 1 USD and built its way up to an all-time high of more than 4,500 USD, but since then went through a market correction down to a value closer to 1,600 USD per coin. One of our favorite sites to track the price of both BTC and ETH is through Messari.io, but there are others like CoinMarketCap.

A Few Ending Words…

Knowing the basics about BTC and ETH can help you decide whether you should invest your IRA funds into Bitcoin or Ethereum or maybe both. With a self-directed IRA, it's all up to you. If you want to learn more about why you should open a Crypto IRA, the tax benefits, and how your retirement plan can benefit, let Coin IRA, offering Cryptocurrency IRAs since 2017, show you how it works. Visit CoinIRA.com to chat with an IRA expert today, or call us at 888-998-COIN.

Best Cryptocurrency to Invest In

It’s been a wild spring for all investors caught by the bearish storm on the crypto market. At least, this downturn inspired a renewed awareness of the cryptocurrency realm and taught us a valuable lesson — only the strongest survive the storm. As it stands already, cryptocurrencies will bounce back sooner than expected, but not all of them. Dubious ventures, pumped market caps, and over-enthusiastic projects will probably never recover from this crisis. At the same time, those who overcome the storm will emerge stronger than ever. But, how can we be sure about this? We can’t. When it comes to the future of cryptocurrency, we can’t be sure about anything. That’s the charm of the fast-changing blockchain game. Nobody could even imagine that Bitcoin would hit $68,000 in November 2021, just as nobody could predict the painful collapse of the top-performing Terra (LUNA). However, based on recent events, we can rely on the universal factor of resilience, something that we blindly neglected while putting trust in every new blockchain project. Interestingly enough, at this point, resilience seems to be the deciding factor when choosing the best options for crypto investments.

What to Consider When Choosing a Cryptocurrency

If the background story of a certain crypto feels unjustified or too good to be true, you should immediately remove it from the list of possible investments. At the same time, you must know your personal purpose for entering the cryptocurrency arena since different types of crypto attract different user styles. In general, crypto assets have achieved the greatest success in the role of a store of value. Yet, there is a growing DeFi world that offers a myriad of trading opportunities and colorful NFT collections on ultimately decentralized platforms. They throw out new crypto tokens every minute, only a few of which live long enough to see the light of day. Also, you can find plenty of sophisticated platforms for trading crypto derivatives and CFDs on high margins. However, if you don’t see yourself as a day trader reading Bollinger Bands with your morning coffee, you don’t need a crypto that serves only as a dynamic speculative asset. Instead, focus on mainstream cryptocurrencies whose value we expect to flourish and stabilize in the years to come.

What Are the Best Cryptocurrencies to Invest In?

Even if we know in what direction we’re moving on our crypto path, it can be tough to narrow down the list of most promising investments because of the coin diversity. Based on their proven track record and other market signals, we singled out the following cryptocurrencies as the best “investment deals.''

Bitcoin (BTC)

Bitcoin has earned the highest credibility stamp for being the first cryptocurrency that heralded the development of decentralized finance. It was introduced back in 2009 when a pseudonymous developer, Satoshi Nakamoto, published a white paper explaining the principles of a trustless cash system where users can interact financially in a peer-to-peer (P2P) manner. Interestingly, despite the revolutionary narrative, nobody seemed to be interested in intangible money at the beginning. Bitcoin itself was making a way to public recognition, opening room for a $3-trillion-worth industry. However, Bitcoin went a rocky road fixing its teething pains — it faced cyber attacks, dark market scandals, and sharp price ups and downs, only to become a cultural phenomenon in less than a decade after its inception. Today you can buy, sell, and trade Bitcoin in a rather regulated landscape. Its price hasn’t reached considerable stability, but Bitcoin has earned the status of digital gold. Despite the price inconsistency, Bitcoin has never lost its scarcity. Added to the fact that BTC supply is limited to 21 million units, we can expect nothing but a bright future for the most valuable digital asset.

Ethereum (ETH)

Ethereum is the second-largest cryptocurrency, standing right next to Bitcoin on all relevant crypto charts. However, while you always see these two cryptocurrencies together on nearly all crypto platforms, Ethereum has different core values from Bitcoin. Namely, Ethereum is designed to be more than just digital money. Its blockchain supports self-executing programs called smart contracts that can be used for building other tokens, NFTs, and decentralized apps (dApps) on top of the Ethereum network. DApps can find applications in many other industries apart from trading cryptocurrency, and because of that, we say that Ethereum’s success lies behind its high utility. To make this decentralized machinery move, the Ethereum blockchain uses its native Ether coin. Unlike Bitcoin, Ether doesn’t have a limited supply to maintain such a level of scarcity, but it can be quite a lucrative investment in the long run. If the world turns decentralized in terms of digital communication, Ether, as the “fueling” asset, will play a crucial role and hence, skyrocket in value. Finally, it’s worth mentioning that the Ethereum blockchain is transitioning to a more efficient and environmentally sustainable consensus algorithm called Proof-of-Stake (PoS), which is expected to have a positive impact on its future development.

Stellar Lumens (XLM)

Stellar is a decentralized infrastructure and one of the oldest players on the crypto scene. It was launched in 2014 with a clearly defined purpose — to process cross-border payments fast and efficiently, without excessive costs and delays. The network has its own built-in asset known as Lumens (XLM) that serves a special function in the network. Over time, the XML usability has diversified, and now you can also see the token outside the Stellar network. The holders can use it for global on-chain and off-chain payments, as well as for trading on professional crypto platforms. The real-world utility combined with the years of experience makes XLM promising crypto in the long run. The XLM exchange rate has ranged between $0.1 to $0.7 in its years of existence. Almost all algorithmic price projections signal that the Lumens token will grow in the future. For example, Gov.capital estimates that the XML price will reach $1.81 by 2027.

Litecoin (LTC)

Released at the dawn of the crypto era, Litecoin was one of the first Bitcoin competitors. The altcoin was created in 2011 in an effort to provide an improved Bitcoin version by upgrading the system with faster and cheaper transactions. As time went on, Litecoin somehow lost its luster because of the plenty of new crypto projects designed with the same goal — to serve as a flexible payment method. However, Litecoin has something the mass of upstarts don’t — longevity. After several meltdowns that shook the crypto investment ground, investors seem to return to a well-familiar blockchain product that has passed all the tests of time. Finally, Litecoin has always been open to technical upgrades to enhance its overall performance and security.

A Few Ending Words…

As you can see, the cryptocurrency industry doesn’t allow us to make an assertive response to all market trends. The list of top-ranked cryptocurrencies has been changing quickly, and therefore, requires caution when devising a long-term investment strategy. Bitcoin is perhaps the only exception to the “rule of inconsistency” in the crypto ecosystem. However, you should take note that its anchored position still doesn’t protect BTC from price fluctuations, and patience may be required for the long term. Despite the risks associated with crypto investments, they’ve demonstrated incredible power to reshape the financial world. Decentralization is definitely here to stay — we just need to carefully choose the right assets to take advantage of it with a winning move.  Coin IRA's team is always here to help you on your crypto journey, whether you elect a tax-advantaged Cryptocurrency IRA or an Individual Non-IRA Trading account (or both!).  With Coin IRA, you get an experienced company you can trust to provide you with the winning assets at the right price, and the ultimate in security.

Stablecoin Meltdown: What Happened?

It’s been a blistering spring for the 300-million community of crypto investors. Bitcoin (BTC) has gone underneath $31,000, the popular stablecoin UST has plummeted much lower than its peg of $1, and its sister token Luna has sunk to a sad number of three decimal places against the U.S Dollar. So, how’s everyone dealing with the current crypto breakdown? Not my first rodeo, you’ll hear veteran HODLers say and try to keep their cool. Experts in the business field, on the other hand, are somewhat frustrated but hardly surprised — they predicted this crisis as a direct side effect of the unfavorable macroeconomic environment. But new investors might get discouraged thinking that Bitcoin’s heyday is over. However, Bitcoin and its fellow crypto coins have demonstrated a Phoenix-like power throughout the years and have risen from their ashes time and time again, so this time it shouldn't be any different, right? Well, before jumping to any conclusion on the next crypto pitch — upwards or downwards, let's go through the main reasons for this crisis in the global crypto market. Starting with stablecoins!

What Are Stablecoins?

Stablecoins are a separate class of digital assets that came along with a clearly defined purpose to soften the volatility in the crypto trading arena. Similar to Bitcoin and other cryptocurrencies, stablecoins reside on the blockchain, but their supply isn’t controlled by any consensus mechanism. Instead, stablecoins work with a centralized company in the back, which doesn’t limit their supply but must sustain the production of each newly-minted coin by adding another asset to a specific fund reserve. The backup asset is usually a fiat currency, such as USD, but it can also be a commodity like gold or even another cryptocurrency For that reason, we say that stablecoins are pegged to a single unit of another asset in a 1:1 ratio. So, the stablecoins’ price can’t explode and plummet as a result of the public mood. If they’re tethered to USD, their market value is 1 USD sharp or an amount around 1 USD. Being a border case between fiat and crypto, stablecoins are raising governments' scrutiny since the company running the stablecoin doesn’t usually let the backup fund rest in a bank account but invests it in other dynamic businesses for profit. Technically, this isn’t illegal, but it means that the company doesn’t maintain the necessary liquidity at all times, and hence, stablecoins have no value at all. However, they have turned out to be the moving force in the crypto trading industry. Stablecoins have made the crypto scene a more flexible ecosystem, which wasn’t possible with fiat currencies because of the slow and expensive crypto-to-fiat transfers. For example, the most popular stablecoin, Tether (USDT), is the third crypto by market cap and, believe it or not, the first in trading volume according to CoinMarketCap. However, remember that stablecoins aren’t a suitable investment material for HODLers and crypto-saving accounts since price booms aren’t on their agenda. Now let’s find out how Luna and UST made a plot twist in this stablecoin story.

The Collapse of Terra (Luna) and TerraUSD (UST)

The volatility of crypto-assets hasn’t been uncommon in the short but eventful crypto history. However, much of 2022 had been oddly quiet for the cryptocurrency market, and it stayed like that until one of the best-ranked stablecoins lost its stability. Out of the 100 circulating stablecoins, very few use algorithms as a backup instead of a tangible asset. Run by Terraform Labs company, UST is one of these algorithmic stablecoins that utilizes complex code combinations and LUNA to maintain continuous stability. More precisely, every time a UST token is generated, LUNA tokens of the amount of $1 are burnt and vice versa. This allowed UST holders to sell their coins in exchange for $1 of Luna, with a slight profit every time there was a threat for UST deppeging — going below the $1 standard. Since its launch in 2019, Luna has been a well-performing token with a steady rise and high rank on all relevant crypto charts. However, once the bearish climate started discouraging investors on a global scale, they started massively selling out their UST coins, which caused lethal inflation and devaluation of Luna. For illustration, at the beginning of 2022, there were 345 million units of existing LUNA tokens, and this number drastically jumped to 3.47 billion on May 12, only to hit an unbelievable 6.5 trillion units of Luna the very next day. Ironically, LFG (Luna Foundation Guard), the company responsible for adding collateral supply to maintain the UST peg, presented a recovery package whereby the foundation purchased a huge amount of bitcoins to be added to the treasury reserve, thus keeping UST alive. However,  this was only a short-term plan executed at the wrong time — in May 2022, BTC wasn’t doing well on global markets, which led to additional negative outcomes for LFG. Eventually, major cryptocurrencies like Bitcoin and Ethereum are bouncing back, leaving Luna as collateral damage in this market mess. Three days after the black May 12 (1 BTC = 28,000 USD), Bitcoin’s price rose by nearly 10%, while Luna ended up delisted from all dominant crypto exchanges.

Macroeconomic Factors

In the spring of 2022, the world faced interest rate rambles, rising inflation, and political instability due to the Russian-Ukraine war. This series of events triggered critical alerts among some investors that inflation in the post-pandemic era could impact global business development, including virtual assets. Interestingly, Bitcoin was designed to serve as a hedge against inflation on the market, but figures show that it didn’t stay immune to the painful shafts happening right now. From a psychological point of view, the general atmosphere tends to discourage investors from expanding their virtual portfolios amid insatiable times. However, experts didn’t change their estimations for Bitcoin’s future because of the momentary crisis. For example, Caleb Franzen, a market analyst for the world-renowned Cubic Analytics, asserts that Bitcoin will keep serving as an inflationary hedge in the years to come, despite the very close correlation between crypto and the traditional stock market.

The Bottom Line

There is no straightforward answer to explain the current crypto plunge — all listed factors contribute to building the public image as a driving force in establishing the prices of the circulating cryptocurrencies. The latest LUNA/UST debacle shows that we need a tighter framework for regulating stablecoins. Otherwise, they can easily take the Ponzi route without regular checkups and hence, negatively impact the upward growth of established cryptocurrencies like Bitcoin, Ethereum, Litecoin (LTC), ZCash (ZEC), and Stellar (XML). As for macroeconomic factors, we can’t control them, but we can definitely use them to our advantage. Bearish spells are the optimal time for buying stocks or cryptos as attractive financial instruments at a low price. For all other crypto-related questions, you can reach out directly to our Coin IRA team. They may be able to offer you some insight on current market conditions so you can decide what your best options are based on your risk tolerance and personal financial goals.

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Ethereum cryptocurrency

How Many Ethereum Are There?

Cryptocurrency Individual Retirement Accounts (IRAs) are becoming increasingly popular thanks to the rapidly rising adoption rate of top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). As the world’s first cryptocurrency, BTC has so far been the primary choice for crypto IRAs, but this is gradually starting to change. While BTC is strictly used as digital cash, Ethereum offers more versatility from a development perspective because it is a multipurpose cryptocurrency. The Ethereum blockchain is one of the largest crypto ecosystems on the market, with thousands of decentralized apps, DeFi platforms, and crypto tokens based on the ETH network. Crypto enthusiasts exploring crypto IRAs should definitely pay attention to Ethereum as a viable option to include in their IRA. Let’s take a detailed look at Ethereum to help you understand all the key characteristics of one of the most valuable cryptocurrencies on the market.

A Brief History of Ethereum

The Ethereum blockchain was launched back in 2015 by a team of crypto veterans and blockchain developers led by programmer Vitalik Buterin. The idea behind Ethereum was to create an open-source, nonprofit blockchain that provides users with much more than just digital cash services like Bitcoin and Litecoin (LTC). Instead, the Ethereum blockchain aims to provide developers with programming tools and resources for launching different kinds of tokens and platforms, such as DeFi apps, exchange platforms, staking protocols, crypto games, NFTs, and virtual marketplaces. The ecosystem was powered by the Ether token, which is used to facilitate all transactions on the ETH blockchain. The project was an immediate hit, as there weren’t any similar crypto projects on the market at the time of its launch. Other altcoins were mostly copying Bitcoin by providing virtual cash functionalities. Ethereum went much further by giving real problem-solving features to cryptocurrency and providing developers with free tech tools for developing platforms.

How Does the Ethereum Blockchain Work?

The ETH blockchain is a Proof of Work (PoW) blockchain, similar to Bitcoin in its basics. This means that the blockchain is fully decentralized, without any single authority or central server responsible for validating network traffic. Instead, all transactions are checked and validated by independent network nodes, i.e. Ethereum miners and their computers. Every transaction needs to undergo a rigorous validation process that requires miners to use their rigs’ hashing power to find the right hash for each transaction. When miners find the right hash, they present it to the whole network as proof of work and wait for additional confirmations before they add it to the next block of the ETH blockchain. This process consumes a lot of time and computing power, which is why miners earn a block reward of freshly mined ETH coins.

Ethereum’s Main Features

Smart Contracts

One of the revolutionary features of the ETH blockchain is the smart contract, self-executing, automated pieces of computing code that are created in order to perform certain tasks without the need for human supervision or participation. For example, a company can use smart contracts to automate the salary payout procedure for their employees, or a crypto exchange can use these contracts to enable trustless transactions between complete strangers. A smart contract operates on the basis of safe locks that make sure both parties need to fulfill their end of the deal before they can get the agreed-upon results. This way, when two strangers agree on an exchange of assets, both sides need to deposit the agreed amount of funds before they can get their share of the deal.

Decentralized Applications

Decentralized applications are the main utility of the Ethereum blockchain; however, without smart contracts, developers wouldn’t be able to create and launch dApps. These applications don’t use developer resources from centralized big tech companies that control all apps and platforms launched with their programming tools. Instead, Ethereum-based dApps are built with the help of the Ethereum programming language called Solidity and the Ethereum Virtual Machine (EVM). DApps can be launched for all types of businesses and entertainment purposes, from decentralized exchange platforms like Uniswap (UNI) and DeFi protocols like Curve to NFT marketplaces like OpenSea and crypto games such as Axie Infinity (AXS).

Ethereum Tokens

Developer teams that want to quickly launch their own cryptocurrency as part of their dApp or DeFi ecosystem don’t need to create a whole blockchain from scratch. They can always use the Ethereum chain to launch a crypto token, thanks to the ERC-20 token standard. This token standard includes a set of rules and parameters for launching cryptocurrencies based on the ETH network, and it’s totally free. Anyone with some programming knowledge and a solid project can launch their crypto as an ERC-20 token. This was one of the most innovative features of the ETH blockchain when it was launched because before Ethereum developers had to either create a whole blockchain from scratch or fork an existing chain like the BTC network. Another very important Ethereum token standard is the ERC-721 standard, which is the token standard for non-fungible tokens (NFTs) built on the Ethereum chain. The ERC-721 standard paved the way for key NFT marketplaces like OpenSea and played a key role in the popularization of NFTs, which are exponentially growing in terms of popularity and adoption rate.

So, How Many Ethereum Are There?

Now that we’ve laid out the key characteristics of the Ethereum blockchain, let’s take a look at the numbers behind the Ethereum ecosystem.

Ethereum Supply

Ethereum is PoW-based crypto that’s going through a transition process to a Proof of Stake model where mining won’t be possible anymore. Until then, the Ethereum supply is constantly on the rise thanks to miners. The easiest way to monitor the current supply of ETH coins, along with the Ether price and market capitalization, is through the Ethereum page on Coinmarketcap. The circulating supply of Ethereum is well over 100 million coins, and the number is constantly increasing. There isn’t any ETH hard cap that regulates the maximum amount of coins, unlike Bitcoin, which is capped at 21 million coins.

Ethereum’s Performance in 2021

Ethereum’s GAS fees are known to be some of the highest on the crypto market, and this didn’t change for the better in 2021. In fact, Ethereum fees have only gone up thanks to the high influx of new ETH chain users. The fees are especially high during periods of high traffic when users compete with each other in so-called gas wars by setting exponentially higher transaction fees to get their transfer processed as fast as possible. The trend of sky-high gas fees is especially visible on the NFT market, which is dominated by Ethereum and received a huge increase in market cap during 2021. Around 41 billion USD worth of ETH was transferred in NFT related transactions. In terms of price action, 2021 was the best year so far for Ethereum since the coin managed to reach a new all-time high of 4,891 US dollars per coin. Although new dApp and smart contract centered blockchains like Solana (SOL) and Avalanche (AVAX) are becoming increasingly popular, Ethereum is still firmly dominating the market when it comes to smart blockchain networks with high interoperability features. Ethereum managed to constantly hold over 15% of the total crypto market cap throughout 2021, while the Ethereum mining figures remained within the optimal 18 million Ether annual amount.

A Few Ending Words…

The information about Ethereum presented in this post aims to provide you with relevant knowledge about the second-largest crypto on the market in order to enable you to make your own decisions on whether you want to include ETH in your IRA or not. If this article peaks your interest in exploring Ethereum IRA options, feel free to contact one of our Coin IRA crypto specialists at 888-998-COIN.

What is the Next Bitcoin?

What a time for early Bitcoin traders! Did anyone foresee this blooming outcome in 2009? Is this a sign that we should invest in other prospective cryptocurrencies and wait for their golden days? No single answer is convincing enough as this is the first time for a blockchain-based asset to conquer the investment community. Based on the current events, only two things can be taken for granted: first, the world is permanently moving towards the digital ecosystem; and second, there’s room for new digital currencies to rock the world’s economy. In this article, we’ll start off with a brief history of Bitcoin and its way to the throne. With its rise in mind, we will discuss what criteria signal a “big” cryptocurrency. In the end, we’ll list the top three potential Bitcoin successors you should take into consideration.

The History of Bitcoin’s Price

Although we still call Bitcoin “the new currency,” its history dates back to 2009, when the mysterious Satoshi Nakamoto introduced the world to a new trading concept by posting a link to a white paper called "Bitcoin: A Peer-to-Peer Electronic Cash System." Bitcoin’s first price increase was noted in 2010 when a single Bitcoin reached the price of $0.08. Following a rough road, early Bitcoin traders faced an exhaustingly volatile market with daily fluctuations and a series of scams and frauds resulting from the lack of regulations. In April 2011, the Bitcoin price jumped by 3,200% reaching an amount of $32 only to sink to a $2 bottom price by November that same year. In the following years, the price of Bitcoin continued to oscillate with rapid jumps in the range between $4 to $1,200. By that time, the innovative digital market had caught the eye of many enthusiasts, experienced traders, and regular folks who wanted a fresh field to invest their capital in. In November 2017, Bitcoin hit an amazing price of $20,000, followed by a drastic price drop to $7,000 the very same year. The pandemic outbreak in early 2020 was the reason for the skyrocketing of Bitcoin’s value as the mainstream economy faced devastating losses. At the moment of writing this article, one Bitcoin is worth over $50k. However, the golden era of Bitcoin isn’t over yet. At this point, we can’t predict its further development even though financial experts try to “sell” diametrically opposite opinions. Meanwhile, it’s time we considered other promising altcoins. How can we know they’re worthy of our attention?

What Are the Features of the New Bitcoin?

Bitcoin is the pioneer but it isn’t alone on the digital frontier. There are over 8,000 active altcoins with an aggregate value of approximately $1.5 trillion, which is 40% of the total crypto trading volume. However, a great number of the upcoming cryptocurrencies have a short life-cycle and despite the first-class marketing and management behind them, they don’t succeed in maintaining the image of reputable cryptocurrency, so they fade out soon. On the other hand, we have a handful of success stories about cryptocurrencies on their way to becoming credible competitors to Bitcoin. Let’s outline what factors make the difference, apart from the inevitable market volatility.

Usefulness and Purpose

It’s an unmistakable rule that the demand for a particular altcoin will rise if people find it useful and believe in its purpose. At this point, there are a great number of cryptocurrencies on the market that meet all criteria for a valuable coin, but they lack a certain purpose. If users can’t find the purchase of a particular coin meaningful enough, that’s a clear sign the altcoin won’t last long.

Supply

The blockchain industry is based on a predefined maximum supply of coins and this is a solid test of whether a certain coin will have a bright future. If traders haven’t lost interest by the time the maximum or near-maximum has been reached, there’s a good chance that the cryptocurrency’s price will rise.

Current Price and Trading Volume

The price and other relevant information about each cryptocurrency are easily accessible online today. A deep analysis and research on its current market position can be the key factor in deciding on your next investment. Nonetheless, as you already know, there is no guarantee that the market won’t change direction tomorrow.

Easy and Fast Access

An appealing feature of a promising cryptocurrency is easy and fast access. This doesn’t mean that the cryptocurrency is cheap. Rather, a cryptocurrency that’s easy to reach should be available on the most reputable exchanges and other popular crypto trading services. This is a sign that it’s being managed effectively and seriously considered by experienced traders.

The Top 3 Cryptocurrencies Which Could Be the Next Bitcoin

Ethereum, Litecoin, and Stellar make up our top 3 cryptocurrencies that could be the next Bitcoin. Let’s take a deeper look into their basic traits.

Ethereum (ETH)

We mentioned that the purpose behind each cryptocurrency is what attracts potential traders most. Ethereum is based on a strong one: decentralizing the internet by substituting the existing servers with “one computer for the entire world,” accessible everywhere to everyone. Ethereum is, in fact, an open-source blockchain software that supports Ether, a coin placed right behind Bitcoin, worth over $139 billion. In simpler words, all Ethereum-linked programs require a certain amount of computing power. Ether is the asset you pay for this power. A remarkable number of 730k active traders see long-term potential in this innovative blockchain concept as it tends to offer its users greater control over funds and online data since Ethereum began in 2015.

Litecoin (LTC)

Litecoin is one of the cryptocurrencies with the longest tradition, founded in 2011 by former Google engineer Charles Lee. It seems to be an upgraded Bitcoin version in all aspects: lower costs, fast payments on its network, higher supply of coins, etc. Unlike Bitcoin and Ethereum, Litecoin didn’t reach a price spike in 2020 despite its exceptional technical strengths. However, it has achieved remarkable credibility and trust among experienced crypto-traders, which makes Litecoin one of the most serious candidates for the title of “the next Bitcoin.”

Stellar (XLM)

Stellar is an open blockchain network with a clear and meaningful vision. It provides practical and efficient business solutions to institutions and individuals. The most distinguishing feature of Stellar is its fascinating payment network speed for processing large transactions. One of the biggest drawbacks of traditional banking networks is the amount of time they take to process, approve, and settle high-net international transactions. Stellar does the same in no time. Their only condition is its native Lumens (XLM) coin to be supported on the respected network. Stellar’s platform is intuitive and easy to navigate. It is similar to modern payment processors like PayPal - the transaction process can be immediately initiated once you deposit funds on the network. To be clear, Stellar’s goal is to become the future of international payments, not necessarily Bitcoin’s successor. However, it’s worth taking XLM into account as your potential investment since its innovative approach is yet to be fully recognized. And since anything is possible in the crypto space, Stellar can also possibly be the next Bitcoin.

Final Thoughts

We hope that our blog post broadened your knowledge beyond Bitcoin as a single source for investing in digital assets. If you’ve decided to take action before another cryptocurrency makes headlines worldwide, get started by contacting Coin IRA. Their experienced cryptocurrency sales specialist will show you detailed crypto opportunities and the best practices for investing your savings wisely.
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Bitcoin vs Stocks: Where Should You Invest Your Money?

At some point in each of our lives there comes a time when we consider how best to invest our savings. No matter how little money you have, it's never too early—or too late—to start putting that money to work. Whether it's a simple pension fund, an IRA, or a mixed bag of stocks and assets, your money will almost always provide better returns when invested. However, investment opportunities change over time due to a multitude of factors including political, technological, and cultural trends. Savvy investors keep an eye on developing markets and continuously diversify their portfolios to accommodate the current climate. The most recent disruptor to hit the financial world in this way is Bitcoin, a new type of digital investment that is taking the world by storm. Bitcoin is part of a new class of assets known as cryptocurrencies which store monetary value securely in a digital format. Even though these assets don't have a physical form, they maintain value through advanced technology that ensures their scarcity and keeps them secure.

How Cryptocurrency Differs from Traditional Stocks

If you aren't well versed in the technology and fundamentals of cryptocurrencies, it’s easy to think of them in the same way as other assets like stocks or bonds. However, behind the scenes, cryptocurrencies function in a vastly different way to stocks, especially Bitcoin. Despite being intended as digital money, Bitcoin has evolved to act more like digital gold than a currency. In this way, it acts differently to both stocks and foreign exchange. Whereas a stock price is linked directly to the performance of the company, Bitcoin has no shareholders, no CEO, and is not linked to any country or government. This puts it in a league of its own—an entirely unique method of safely storing and transferring value with no need for a broker, bank, or third-party intermediary. Traditional investors may find this lack of intermediation unsettling but it has many advantages. Like gold, Bitcoin is immune to inflationary practices that damage fiat currency or insider trading that can damage the value of a company. Bitcoin offers all the same 'hard money' benefits of gold but in a more secure, easily transferable digital format. Nowadays, you can buy cryptocurrency with a variety of methods: either directly from a seller, on an exchange, through an investment fund, or as part of a product like an IRA. Thousands of financial institutions are beginning to offer cryptocurrency investments to their customers so they can benefit from this burgeoning new asset class.

Key Differences Between Stocks and Crypto

  • Hours: Cryptocurrency trades 24/7, 365 days a year, unlike stock markets which keep office hours.
  • Regulation: Stocks are regulated by government agencies, cryptocurrencies are secured by blockchain technology.
  • Volatility: Cryptocurrencies are typically more volatile than most stocks.
  • Ownership: Stocks remain tied to a company whereas with cryptocurrency you take full ownership and responsibility of the asset.

How Does Digital Currency Work?

Digital currencies like Bitcoin are recorded on a transparent and immutable ledger technology called a blockchain. In the same way that a bank keeps a record of your savings on its computers, Bitcoin keeps a record of your investment on the blockchain. However, unlike a bank that can run out of cash reserves, the exact amount of Bitcoin that you own is always available to you. There is only 21 million Bitcoin available and it's impossible to create more, so Bitcoin will never lose value due to inflation. Once all the Bitcoin available has been issued, its scarcity will ensure it continues to hold increasingly high value. Other cryptocurrencies use similar or equivalent methods of supply control to protect against rampant, uncontrolled printing that results in endless inflation. Due to the large choice on offer, many people are unsure which crypto to buy. Generally, the best way to judge a reliable crypto asset is to see how long it has been running. Bitcoin, Ethereum, and Litecoin have all been around for many years, proving themselves as reliable investments. Unlike some new crypto coins that may die after one year, these coins show strong promise as a safe, long-term investment.

Key Bitcoin Statistics

  • 11 years of secure operation
  • Limited to 21 million coins
  • US$1 trillion market valuation
  • 408.8 percent mean annual return

Why Both Bitcoin and Stocks Make a Good Investment

As you can see, cryptocurrency and traditional stocks offer very different investment opportunities. There are advantages and disadvantages to both asset classes, which is why it's always best to diversify your portfolio in a balanced way. Investing a percentage of your money into Bitcoin and stocks will ensure you don't miss out on the great returns of cryptocurrency while maintaining a secure long-term stock position. Statistically, Bitcoin offers the best returns of any asset over the past decade but the technology is still relatively new and lacks strong regulation. It may still take some time for governments to develop effective regulatory policies in the cryptocurrency sector, assuring traditional investors that cryptocurrency is safe. Stocks, on the other hand, have a long history of profitable and safe investment opportunities. If you do your research, keep an eye on emerging trends, and pick good stocks, you can be assured a decent return on investment (ROI). Companies like Apple, Amazon, and Microsoft have proven excellent long-term investments, although for each one there was also a promising company that has failed.

Should You Buy Cryptocurrency? Diversification is Key

Whatever you choose to invest in, always remember that diversification is key to ensuring your portfolio always stays in profit. No single asset or asset class is immune to losses, so make sure you don’t put all your eggs in one basket. A good investment portfolio should include a well-balanced mix of stocks, precious metals, and cryptocurrencies. For this reason, many people choose to invest in both stocks and a cryptocurrency product like an IRA, helping to protect against any single failure. Investing in a mix of cryptocurrencies and stocks can provide an extra level of protection, balancing out any losses against gains and providing a stable ROI.  
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How Does a Cryptocurrency IRA work?

An Introduction to IRA accounts

An individual retirement account (IRA) is one of the most popular ways to save for retirement giving you some of the best tax-saving benefits. Many savvy investors will begin contributing to an IRA as soon as they start working and earning income to complement their employee-sponsored 401k retirement account, or to plan early for their retirement when their employer does not have a 401k or other employer-sponsored plan.  You can also choose what to invest your IRA money in, from commonly held stocks, mutual funds, and other equities, to real estate, cryptocurrency, and other digital assets. IRAs provide several advantages over a typical savings account, most notably tax savings and diversified investment options.  For example, depending on your income level, you can get up to 100% tax savings on contributions made to a Traditional IRA. A Roth IRA is funded with after-tax dollars and grows tax-free, while a SEP IRA, a Simplified Employee Pension, has its own advantages for those who are self-employed or own a business, one of which is higher annual contribution limits than a Traditional or Roth IRA account.

What is a Cryptocurrency IRA?

A Cryptocurrency IRA describes an IRA where the investment of choice is any digital currency, including Bitcoin.  In 2018, the IRS defined cryptocurrencies as “property” rather than securities. This change made it possible for institutions to start offering cryptocurrency as an investment in a Self-Directed IRA. Cryptocurrency IRAs offer the option of a single cryptocurrency or a mix of carefully selected, eligible cryptocurrencies for a more diversified crypto portfolio. As with any IRA, your custodian must hold the assets. Bitcoin is the most popular choice for a Cryptocurrency IRA, because it has been around the longest and proven to be the most widely accepted. However, over the years, other cryptocurrencies such as Ethereum and Litecoin have also proven to be stable and profitable. Many Cryptocurrency IRA custodians offer a narrow range of digital assets to choose from if you wish to diversify beyond just Bitcoin, avoiding the riskier altcoins.

The Difference Between a Conventional IRA and a Cryptocurrency IRA

Cryptocurrency IRAs must adhere to all the same IRS guidelines as conventional IRAs according to the type of IRA it is (Traditional, Roth, SEP). This includes transfer eligibility, contributions, distributions, and taxable events.  In addition, IRS code dictates that all IRA assets must be held by a trustee or custodian. A custodian is the financial institution that is responsible to not only safeguard your investments but also to report any contributions and distributions to the IRS.  Because the IRS categorizes cryptocurrency as property and not a security, only a self-directed IRA that allows the account holder to invest in alternative assets can facilitate an investment in cryptocurrency. A Cryptocurrency IRA is simply a Self-Directed IRA that can invest in cryptocurrency. With a Self-Directed IRA, you, as the IRA account holder, choose how and when your IRA funds are invested - in this case, crypto rather than stocks, bonds, and mutual funds. However, not all Self-Directed IRA custodians have the capability of offering cryptocurrency as an alternative investment option, since they have very specific trading, tracking, and storage requirements.   

What Cryptocurrencies are eligible to be placed in IRAs?

The oldest and most popular cryptocurrency is Bitcoin, well known around the world for the incredible growth it has enjoyed over the past decade. Nowadays, there are over a thousand cryptocurrencies, but only a select few are eligible for IRA investment. Each custodian who offers cryptocurrency as an option determines which ones are eligible for their account holders. As Bitcoin gains institutional and individual acceptance, more and more investors are choosing Bitcoin and other cryptocurrencies as an IRA investment option. 

But is cryptocurrency safe?

Over the past decade, Bitcoin has become known for both its rapid growth and decline, prompting many to ask - is Bitcoin a good investment? Is it a stable investment? After all, we have seen cryptocurrencies move up or down in value by as much as ten or twenty percent in a day. These seemingly unpredictable and rapid swings make traditional investors wary and give the impression of an unstable investment. Bitcoin’s volatility during these times increased its implied risk.  While its acceptance was still in question, analysts struggled to determine what were the driving forces behind these market gyrations. However, Bitcoin has shown consistent growth with a mean annual return of 408.8% over the past decade.  Recently, however, Bitcoin has attracted the attention and acceptance of financial institutions like Microstrategy and tech giants like Tesla, both having invested billions of dollars into digital currency. These firms, along with many others, see Bitcoin as a hedge against inflation, similar to the way investors viewed gold during previous times of economic uncertainty. This type of large-scale corporate investment validates the legitimacy of Bitcoin and gives it more stability in the long run.

Get your own Cryptocurrency IRA today from Coin IRA

Coin IRA and its preferred custodians provide qualified Cryptocurrency IRAs helping thousands of customers enjoy the benefits of this new and exciting asset class.  Our highly-qualified consultants will help you choose from a range of options, including Bitcoin, Ethereum, and Litecoin with no maximum purchase limit. Investing in cryptocurrency opens you up to a modern asset class that has out-performed every other asset in the past decade.  Furthermore, it allows you to maximize the diversification in your investment portfolio, mitigating risk and hedging other markets.      Speak to a Coin IRA Cryptocurrency Specialist today about how you can better secure your retirement with a Cryptocurrency IRA. Our team will expertly and efficiently guide you through the process from start to finish.  It's easier than you might think.
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