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Health, Wealth, and Happiness

August 9, 2023

"There is no passion to be found in playing small - settling for a life that is less than one you are capable of living."

-Nelson Mandela

Howdy investors!

Have you heard that Coinbase released its Base blockchain to the public today?

To mark the occasion, we've put together a piece to mark the occasion that looks into ways investors can benefit from Base. If Coinbase can meet its goal of using Base to bring the next billion users to the blockchain, this could be momentous.

Investing is really all about value and growth... accordingly, you want to find the companies providing the most value or showing the greatest growth. You've likely struck gold if you can find a project or company with both. Coinbase has demonstrated that it can deliver both value and growth.

Will Base keep it on that trajectory? You can just read on to find out.

How to Invest in Coinbase’s Base Project and COIN Stock

by Preetam Kaushik

Investor Takeaway:Base is part of Coinbase’s ambitious plans to evolve from a crypto trading platform to a Web3 services provider. The Base L2 blockchain is central to Coinbase's plans for the future growth of the company and the viability of the wider Web3 ecosystem. Perhaps by the end of this year, we will have a clearer picture regarding both.

After months of anticipation, the public launch of Coinbase’s newest project, the Base blockchain, is finally here. Considering that this project comes from the world’s second-largest cryptocurrency exchange (and North America’s largest), expectations for the project are high.

It also comes at a sensitive time for Coinbase and the broader crypto ecosystem, as increased regulatory pressures have hit the industry hard. Base represents a strong push toward the future of DeFi and other Web3 services.

Also, spoiler alert: there is no $BASE token, at least not one that's associated with Coinbase and the Base blockchain. Here's how you can invest instead.

Click to continue reading Opportunities in the Coinbase Base Project >>

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Chainlink is an oracle network that allows smart contracts to receive real-world data from external sources.

Its LINK token is a top 20 token by market cap and has maintained popularity, as Chainlink is believed to be the best in breed for oracle services.

Chainlink is also relevant to our lead story, announcing that price feeds have gone live on Base today.

While we don't have an oracle, we do have a risk analysis of Chainlink based on real-world data. See how our analysts rated LINK on our 1-to-5 star risk rating (remember: higher=riskier).

Premium Members:Download the Chainlink Risk Scorecard here.

Not a member? Sign up today to access our complete library of webinars, crypto scorecards, and other member-exclusive content.

Must Read

Today's most important stories for crypto investors.

Circle Launches Programmable Wallet Beta (Blockworks)

Investor takeaway: Diving further into the white whale of efficient and fast transactions, crypto management firm Circle is releasing a beta of programmable wallets. We're excited to see how this next stage in blockchain payments plays out, as developers will now be able to easily integrate stablecoin wallets into all kinds of websites and apps. 

Report: 19% of New Yorkers Own Crypto (Cointelegraph)

Investor takeaway: Not only is crypto popular, but it's popular in the biggest cities in the world, including the Big Apple. With such a sizeable chunk of the New York population diving into crypto, it's only a matter of time before serious businesses and investors on the East Coast pay attention... at least more than they already are. 

Microsoft and Aptos Collaborate on AI Blockchain (CoinDesk)

Investor takeaway:The project formerly known as Diem (and formerly formerly known as Facebook's Libra) has now found a home in Microsoft's AI stack. This is a huge deal for developers, and business customers plugged into Microsoft's vast Azure and AI tools, especially as Aptos plans robust AI-powered support systems for developers on their blockchain.

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All About That (Coin)Base

Here's why it could be a great time to buy COIN.

Investing in Crypto: How Much Can I Afford?

Assessing your finances to develop the best strategies.

Risk Scorecard: Monero (XRP) (Premium Members Only)

DYOR, starting with our Monero (XRP) Risk Scorecard.

Crypto vs. Traditional Savings

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Sometimes hindsight is 20/20.

Thanks to Reddit user mcpapaya

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