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Health, Wealth, and Happiness

February 7, 2024

"Don't look for the needle in the haystack. Just buy the haystack!"

- John Bogle

Howdy, investors!

Today, we look at theBest Crypto Debit Cards for 2024 and our updated ratings for spending your crypto like cash.

If U.S. Treasury Secretary Janet Yellen gets her way, we could soon face new regulations around stablecoins and commodity-like spot crypto products.

Ethereum is continuing its technological improvements: the latest buzz is around the upcoming Dencun upgrade aimed at improving scalability and reducing gas fees.

Pandora is a buzzy new project built on the ERC404 standard: a blend of ERC20 and ERC721 that also allows tokens to have associated NFTs.

Read on!

Best Crypto Debit Cards for 2024

by Matthew Du

Crypto debit cards continue to grow in popularity. Linked to your cryptocurrency holdings rather than a traditional bank account, these cards can provide an easy way to spend crypto anywhere you use a debit card.

There are many different crypto debit cards on the market, with varying levels of security, spending rewards, and supported tokens.

There are also important considerations for investors: most debit cards convert your crypto into another token behind the scenes, which can cause tax problems and investing headaches.

Based on reliability and user reviews, we’ll show you our top picks for the best crypto debit cards, rated and reviewed by our editors.

Read on to find our top-rated cards >>

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Our Newest Blockchain Risk Scorecard: Cosmos (ATOM)

Cosmos is a network of interoperable blockchains aimed at enhancing scalability and connectivity. ATOM, its native token, is used within the Cosmos hub for various functions, including securing the platform, voting rights, and paying fees.

If Cosmos were a company, how risky of an investment would it be?

Our analysts put ATOM through our industry-leading Blockchain Risk Scorecard, which measures the risk level associated with a blockchain project. Premium members can download the Cosmos Risk Scorecard here.

Not yet a Premium member? Sign up now and get access to all our investor scorecards, along with our complete library of secrets to make you a better crypto investor.

Must Read

Today's most important stories for crypto investors.

US Treasury Secretary Calls for Crypto Legislation on "Non-Security" Tokens (Decrypt)

U.S. Treasury Secretary Janet Yellen is urging Congress to establish new laws around crypto. Yellen points out gaps in oversight, particularly in spot markets for commodities like bitcoin. This is undoubtedly a step forward for the industry, as "regulatory clarity" is what we've all been asking for -- and Congress makes the regulatory laws.

Ethereum Dencun Upgrade Report (CoinEx)

This CoinEx research report on Ethereum's next upgrade (Dencun) explains how it will enhance scalability and performance. The upgrade will reduce transaction costs for Layer-2 solutions and improve data storage structures. This should not only result in lower gas fees, but also increased development of the Ethereum ecosystem. Good news for long-term ETH investors.

ERC404: Everything We Know So Far About Pandora (BlocMates)

The ERC404 standard blends the features of ERC20 and ERC721 tokens, allowing for a unique interaction between fungible tokens and NFTs. Pandora is the first project and token to take advantage of this, and the launch has created some buzz. As an emerging space, be careful about investing in this technology. Still, this could start a massive new movement for knowledgeable investors.

Chart of the Day

Another great way to see the popularity and adoption of a blockchain is through the daily transaction count. Here we look at some of the top Layer-2 solutions.

While Daily Active Users (DAUs) are a great way to judge the adoption of a blockchain, daily transaction counts usually follow DAUs closely.

Here's a look at which Layer-2 solutions are rising and falling in daily transaction counts, showing early winners in the L2 wars.

While Arbitrum has been the dominant Layer-2 solution, the relatively new zkSync Era L2 has rapidly matched Arbitrum in transaction volume and has even overtaken the popular Layer-2 more recently.

We can also see that after the early hype, Base has dropped significantly in transactions, and Starknet and Optimism are seeing decreased usage. Perhaps our thesis that only one or two Layer-2s will win, as explained in our Investor’s Guide to Layer-2s, will turn out to be accurate.

ICYMI