BMJ Reward Tokens: 39,160

Health, Wealth, and Happiness

May 1, 2024

"Reality is created by the mind; we can change our reality by changing our mind."

- Plato

Howdy, investors!

• In a first-ever report, we've dug into the historic staking rates on Coinbase. Today, we reveal the top-earning tokens.

• Exchange volumes are a good way to judge trustworthiness, but what if those volumes are faked? Using "trusted volume" can help you avoid unreliable exchanges.

• As AI grows, the Ethereum Foundation hopes to use AI technology to make protocols built on the Ethereum network safer.

• Speaking of AI in blockchain, several new and existing blockchains are focused on AI. Using fundamentals can help us determine which are worth our time and money.

Read on!

Best Staking Rates on Coinbase Earn

by Anatol Antonovici

As longtime readers know, our investing strategy involves the long-term holding of quality crypto assets. (Read more about our investing approach and results.)

You also know we can earn additional rewards by using staking products – like investing in interest-bearing accounts. (Read more on How to Stake.)

One of the most user-friendly staking products is Coinbase Earn, which allows users to stake multiple tokens in just a few clicks. (Here’s how to set it up.)

However, Coinbase staking rewards can fluctuate based on the demand for staking on the underlying protocol. In this piece, we list the best staking rates so you can see which tokens have earned the most rewards. (Note: the future may look different!)

See which tokens earned the most on Coinbase >>

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Must Read

Today's most important stories for crypto investors.

Measuring Exchange Quality And "Fake Volume" (Coin Metrics)

A major indicator of a quality exchange is trade volume... as long as it's not "fake volume." Because inflated trading volume can mislead users, filtering out fake volume and establishing a more reliable "trusted volume" metric is helpful. Here's how.

Ethereum Foundation Wants To Use AI to De-Risk ETH Ecosystem (The Defiant)

The Ethereum Foundation is turning to AI to bolster security, as increasingly complex code makes the network vulnerable to hacks. The hope is that AI can automatically detect critical weaknesses. This move reflects a growing trend of merging AI and crypto technologies (see our guide to Best AI Tokens here).

Top 10 AI Crypto Coins Projects in 2024 (Token Trends)

AI and blockchain are merging rapidly, creating innovative crypto projects poised to shake up the industry. These "AI coins" use AI for trading, aided by AI algorithms. This guide uses ten fundamental metrics (our favorite kind) to identify the strongest contenders in the AI/crypto space.

Thanks to our Sponsor

With the Earn on Coinbase program, you could be getting up to 10% APY for your eligible crypto. Put your crypto to work, and earn rewards today at Coinbase Earn.

Chart of the Day

Blockchain Ecosystem Daily Active Users

If you're a regular reader, you know that we love daily active users as a metric for identifying great crypto companies that are healthy and growing.

Today's chart shows the top five projects by daily active users in each of these crypto ecosystems, so you can see the growth of each.

User growth was slow before 2021, but since then, we've seen an explosion of blockchain users and a clear upward trend. This shows that the blockchain ecosystem is quite healthy and growing, especially with these projects.

The Crypto Investor's Guide to Real-World Assets

Everything is moving on-chain. Here's how to invest.

The Investor's Guide to NFTs

What, where, and how to make money in 2024.

A Guide to the Best Crypto Staking Platforms

Our top picks for earning "interest" on your crypto.

Coinbase Staking vs. USDC Rewards

We break down which is better, with historical rates.

This Week’s USDT Interest Rates

Best yields for Tether lending and staking.

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(Thanks to @gualestrit on X)

Bitcoin Market Journal is a daily newsletter that makes you a better crypto investor. It's created by John Hargrave, Steve Walters, Gerald Jackson, Anatol Antonovici, Matthew Du, Daniel Joel, and Preetam Kaushik.

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