In the blink of an eye, summer is here. We’re halfway through the year, and I see everyone with their suitcases, towels, and swimsuits.
I hope you enjoy the summer a lot, but as you know, the crypto world keeps turning and doesn’t stop, so we (even if it’s from a little terrace 🍹) will continue to keep you informed.
What to do when crypto goes on vacation?
It seems that the crypto market is taking a break, as we’ve seen the main cryptos fall these days.
If you’re new here, don’t worry, it’s something usual. And also something positive.
The Federal Reserve keeps interest rates high, and a few days ago it was announced that the 140,000 BTC stolen from Mt. Gox in 2014 are going to be released, creating uncertainty about a potential mass sale and keeping the BTC price around the $60,000 level.
These periods of calm offer a break for retail users to take advantage of buying BTC at a discount before the big funds do through their ETFs.
During these periods, it’s important to plan and create a solid strategy that reduces risk and allows us to make the most of the moment, as well as prepare for what will come after the summer.
At Bit2Me, we have an excellent tool to do this: Recurring Purchases, which allows you to buy a fixed amount of Bitcoin (or any other crypto) regularly, regardless of its price.
The goal is to divide your total investment into smaller portions made over time. For example: buying €50 of BTC every 7 days instead of €250 every month. What’s the advantage of this strategy? It reduces price volatility.
It allows you to accumulate more bitcoins when the price is low and less when the price is high, averaging the investment over time. This way, you can be prepared for when the Halving comes and benefit from potential price increases.
Coin of the Week: Solana
In the middle of a rather quiet week, Solana rose more than 6% yesterday, briefly reaching over $150, although it later corrected slightly and settled at $145.
The reason for this spike was the surprise announcement of a spot Solana ETF filed by VanEck.
VanEck has one of the main Bitcoin ETFs and was one of the first firms to file for a spot Bitcoin ETF and also for Ethereum.
New project arrives at Bit2Me Launchpad: LAOS Network
Following the success we had with our previous Launchpad projects GFAL and LimeWire, a new project is landing on our platform: LAOS Network, the universal blockchain.
This project aims to solve the interconnectivity problem of traditional blockchains like Bitcoin, Ethereum, or Polygon, where each has its own liquidity and separate application ecosystem with limited scalability.
LAOS allows the creation of tokens at scale between Ethereum, Polygon, and their Layer 2s, as well as any Ethereum-compatible blockchain natively, without having to pay gas fees, opening unique possibilities for tokenization.
This project, developed by a Spanish team, has the potential to become the protocol used by major blockchains to offload more than 20% of their transactions, becoming a universal Layer 2.
Starting July 4th at 10:00 AM (UTC+2), you can reserve a new $LAOS token on Bit2Me Launchpad.
Don’t miss out! $LAOS tokens are VERY limited and you have little time to get them!
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