Health, Wealth, and Happiness

April 29, 2024

"Conditions are never perfect. 'Someday' is a disease that will take your dreams to the grave with you. ... If it's important to you and you want to do it 'eventually,' just do it and course correct along the way."

- Tim Ferriss

Howdy, investors!

Thanks to the launch of BlackRock's BUIDL fund, it's now easier than ever to invest in real-world assets (RWAs). Read our new Investor's Guide to RWAs.

Elon Musk plans to turn X into a comprehensive crypto-native platform, potentially boosting crypto prices in the coming months.

According to at least one crypto analyst, it isn't too late to become a crypto billionaire—if you understand some basic fundamentals.

Data shows that stablecoin transactions are now outpacing the monthly activity on the Visa network. What could that mean for investors?

Read on to explore more!

The Crypto Investor's Guide to Real-World Assets

by Danielle Greving

While real-world asset tokenization has existed since 2017, it hasn’t caught on with the masses yet. But when BlackRock, the world’s largest asset manager, recently unveiled its first tokenized fund called BUIDL, the market got excited about this new class of assets.

Real-world assets (RWAs) refer to any “real” assets that are bought, sold, or traded: think land, commodities, precious metals, etc. An RWA may be either physical or digital.

Tokenization refers to converting a real-world asset into a bunch of digital tokens on a blockchain, just as one might convert a company into shares. Just like traditional stocks, tokenization lets people buy a fraction of an asset (like a token representing 1/1000th of a real estate parcel). This “fractional ownership” allows more investors to participate, at a lower price.

In short, any asset can be tokenized and traded on a blockchain.

In this new guide, we break down RWAs (including BlackRock's new BUIDL token), and explain the what, where, and how of investing.

Click to get our guide on investing in Real World Assets >>

Premium Power-Ups

Level up your crypto investing game.

April Showers Bring A BMJ Token Drop: May 1

Not only do April showers bring May flowers, they also grow your BMJ token holdings.

Just become a Premium member by May 1, then hook up your MetaMask wallet to get an airdrop of our exclusive BMJ Reward Tokens, which can be used for exclusive Premium Rewards.

Premium Members should also get ready for a load of great content in the coming week. Our monthly Best Blockchain Buys is always a great read. We'll also be looking more into the value offered by AI tokens.

Not yet a Premium member? Sign up by May 1 and get in on the next airdrop!

Must Read

Today's most important stories for crypto investors.

Elon Musk's Plan for X Could Blow Up Crypto(Forbes)

Musk revealed plans to transform X into a comprehensive platform for financial transactions, enabling purchases and in-store payments directly on the platform. Speculations suggest that X could support transactions in popular cryptocurrencies like bitcoin and Dogecoin, potentially driving broader crypto adoption and affecting market prices. (Just a rumor for now.)

The BTC Case - Why Everyone Can Become A Billionaire(DataDrivenInvestor)

Bitcoin and crypto have simplified the pathway to wealth creation. Patience is the key: early adopters who held onto their assets over the long term reaped significant returns. Despite past volatility, bitcoin remains a viable part of a diversified investment portfolio, potentially offering substantial returns as it becomes increasingly mainstream through vehicles like ETFs. Investors beginning to explore crypto are still early and could reap significant rewards.

Tether, USDC and DAI Transaction Volume Surpasses Visa(The Block)

According to data from Nansen, over the past 30 days, Tether processed $654 billion, DAI managed over $394 billion, and USDC saw $321 billion in trading volume, totaling $1.369 trillion. This figure surpasses Visa's monthly average of $1.23 trillion in 2023. Stablecoins seem to be moving more money than the financial giant: a positive sign for crypto adoption.

Long-Term Wealth

$1K invested at today's market prices

This asset	invested 5 years ago	is now worth
Bitcoin (BTC)	$1,000	$9,752
Ethereum (ETH)	$1,000	$7,225
Uniswap (UNI)*	$1,000	$1,320
BNB Chain (BNB)	$1,000	$42,626

Note: The future may look different from the past. Please invest carefully.

* As UNI is less than five years old, we calculate from the launch date (Sep 2020).

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Chart of the Day

Ethereum Gas Fees

Over the weekend, Ethereum gas fees have declined and reached a six-month low of $1.12 per transaction. (That's good: lower fees mean cheaper transactions.)

Analysts from the crypto analytics platform Santiment suggest that the low fees might indicate the start of an altcoin rally, as low fees typically occur near market bottoms.

This pattern has also been observed when there is decreased demand and less strain on the Ethereum network, potentially setting the stage for a reversal in crypto price trends.

Ethereum's supply dynamics have shifted since Dencun. There has been a net increase in Ether supply over the last month, contrasting with previous months of steady deflation.

This means that a recovery in Ethereum fees could be the first sign of a pickup in the overall crypto market, which has largely been flat over the past six weeks.

ICYMI