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Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium

I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally do.

The Rise of Professional Crypto Asset Managers

Naturally, the growth within the cryptocurrency sphere has attracted interest from those with extremely deep pockets.  A lot of the large proprietary trading firms have actually launched crypto trading groups and are actively recruiting experienced traders to join those groups.  A lot of crypto-focused hedge funds have also emerged.  But while those opportunities may be out of the reach of most crypto traders, Hodium may offer a compelling opportunity.

Hodium – Professional Trading for the Average Investor

Hodium is a leading cryptoasset investment firm based in London.  The company is focused on professional trading, investing and portfolio management.  The platform provides secure access and diversified exposure to the digital currency asset classes by connecting decision makers to a dynamic network of data, people and capital.

The professionals at Hodium are focused on analyzing market movements, global trends, and the regulatory environment.  In addition, the platform utilizes a state-of-the-art algorithm in order to assist in the identification of profitable trading opportunities.  Because of these advantages, Hodium is able to offer a very appealing daily return of between 0.1% and 1.5%.

Unlike traditional hedge funds, which often require investors to be accredited, no such requirement exists at Hodium.  Hodium’s minimum deposit amounts are as follows:

  • Bitcoin – 0.001
  • Ethereum – 0.05
  • Litecoin – 0.1
  • Bitcoin Cash – 0.03
  • Dash – 0.1
  • Doge – 3,700

One huge benefit of depositing funds with Hodium, in comparison to nearly every other professional investment company, is that users will retain complete control over their capital.  Users are free to enter and exit without any time restriction and consequently, have no obligation to pay a fee for transferring out their capital.

Conclusion

It’s quite amazing how far cryptocurrency has come over the past few years.  Although the euphoria and excitement of 2017 may never be seen again, investment returns can be still be found.  But finding those opportunities are probably best left to the professionals, especially the ones at Hodium.  The company has found a niche in a space that is likely to grow for the foreseeable future.  If traders are looking to grow their capital at an attractive and reliable rate, they should look no further than Hodium.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image by Nattanan Kanchanaprat from Pixabay

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Livepeer Price is Soaring: Here’s Why it Will Recoil Soon

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Livepeer

Livepeer price drifted upwards on Friday as investors moved to video-focused tokens. LPT price soared to a high of $10.3, the highest point since November 8 of this year. It has jumped by more than 164% from the lowest point in December. 

What is Livepeer? 

Video is a major industry that is currently dominated by large centralized platforms like Vimeo and YouTube. These platforms work well because of the vast amount of money the companies have invested in video infrastructure. 

However, some industry players believe that the industry is ripe for disruption using the blockchain technology. Some of the leading players disrupting the video industry is Livepeer and Theta Network. Instead of relying on centralized servers, these networks rely on thousands of distributed servers.

The network works in a relatively simple approach. The video broadcaster comes up with a video content and then distributes through a distributed network. 

Livepeer has been used to build several decentralized video platforms in the industry like Xeenom, Bonfire, Kavarii, and LiveSpace among others. For example, Lenstube is a decentralized and open-source video-sharing social media platform while The Lot Radio is an independent online radio that streams on a 24/7 basis.

However, there are concerns whether Livepeer and similar platforms are needed in the first place since centralized ones like YouTube, Rumble, and Vimeo work just…

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Solana Price Forms Triple-Top as DeFi and NFT Volume Soars

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Solana price has formed a bearish chart pattern as Solana’s ecosystem makes a stunning comeback. SOL/USD was trading at $24 on Friday evening, which was a few points below the year-to-date high of $26.50. It has soared by more than 206% from the lowest level in 2022.

Solana DeFi volume rebounds

Solana TVL

Solana, once a popular blockchain, came under intensure in November, following the collapse of FTX and Alameda Research. In addition to FTX Token, it was the most exposed cryptocurrency in FTX since the company was one of its key funders.

FTX and Alameda also had a major role in Serum, then the biggest DeFi protocol in the ecosystem. Serum made it possible for investors to earn yield in Solana. Serum collapsed because its public key was controlled by FTX. 

In the aftermath of this collapse, Solana saw its total value locked (TVL) plunge from more than $12 billion to less than $400 million. Serum, which had a TVL of more than $1 billion has collapsed. And in its place, the developers are working on a new product known as OpenBook. However, it has not gained much traction as its TVL stands at $4…

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Ethereum Price Outlook as the DXY Index Crash Continues

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Cryptocurrency prices remained in an upbeat tone on Thursday as the US dollar index continued its bearish move. Bitcoin, the biggest cryptocurrency in the world, rose to $23,165, the highest level in months. Similarly, Ethereum has risen by more than 4% in the past 24 hours while BNB Coin and XRP surged to $307 and $0.41, respectively. 

US dollar index retreats

Cryptocurrencies have an inverse relationship with the US dollar index. For example, the DXY, which looks at the performance of the greenback vs other currencies, soared to a 20-year high of $115 in 2022. As that happened, cryptocurrencies like Bitcoin plunged during the year.

The foundation of this relationship is the Federal Reserve. In most periods, the US dollar index tends to rise when the Fed is extremely hawkish and vice versa. And it was extremely hawkish in 2022 as it hiked interest rates by more than 400 basis points. 

Therefore, while the Fed has remained hawkish recently, the US dollar has dropped because of what the data is saying. Data published recently showed that America’s inflation is easing. The closely watched consumer price index dropped to 6.5% in December while core inflation fell to 5.7%. 

At the same time, other parts of the economy are showing that the American economy is indeed recoiling. Retail sales dropped sharply in December while many…

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