Whether you’ve been on the sidelines about crypto and waited for a dip to get in the market, or a bonafide veteran just looking to increase your stack of sats, you’re probably welcoming a bit of extra crypto during the current market slump. With big gains in 2021 across to board, followed by some current downturns in mid 2022, the talking heads forget that there is still a massive growth in crypto tech via the likes of Web3, Metaverse, NFT and DeFi that won’t stop for a market “crash.” There are many interesting areas in this growing space to invest in. With the recent dip in 2022, crypto investors are granted another record opportunity to invest ahead of the next market upswing. We will explore the top 6 ways to get some free or low-cost crypto this summer before the market recovery.
With over 800 stores in 13 different countries, MediaMarkt has been Europe’s undisputed number-one consumer electronics retailer for the past forty years. Synonymous with innovation and providing services in high demand by their customer base, MediaMarkt will start hosting multiple Bitcoin ATMs throughout their stores in Austria.
According to the most recent data from Glassnode, the blockchain data and intelligence provider that generates innovative on-chain metrics and tools for digital asset stakeholders, large amounts of Bitcoin have been on the move yet again making March the fourth month in a row with exchanges losing 100,000 BTC.
RoundlyX, started in 2017 by Andrew Elliott and Will Trible with the goal of providing infrastructure for retail investors interested in the then emerging investment class of digital assets, simplifies the entire process. Users sign up, connect their RoundlyX account to Plaid (a fintech company that specializes in securely connecting their customer’s financial accounts to various services and apps) then simply log into their RoundlyX exchange account to get started on their investment journey. The entire sign-up process takes about three minutes from the creation of a new RoundlyX account to registration.
In what is becoming a more common industry practice, Exxon Mobil, the United States’ largest oil and gas producer, has announced its plans to initiate a pilot Bitcoin mining program by rerouting excess natural gas, which would normally be flared or burned off, to its Qua Iboe Terminal in Nigeria to power Bitcoin mining
Joe Biden has just passed a long-awaited executive order on digital assets. This executive order is finally very balanced since it is very gentle on the different parties that oppose the subject of Bitcoin and cryptocurrencies. Opponents will be pleased to see that this executive order mentions the dangers and risks of this new world, but also the need to make it compatible with the fight against climate change.
In a move to curb soaring inflation, the Federal Reserve has decided to raise interest rates for the first time since 2018 with many economists anticipating further hikes throughout the year.
Singapore has added their voice to the global chorus denouncing Russia’s recent invasion of Ukraine, announcing sweeping economic sanctions that will hit several sectors of Russia’s economy including cryptocurrencies.
Bitcoin has outpaced both gold and the stock market in recent trading sessions, becoming investors preferred wartime investment. While the world nervously watches and waits for the next development in Ukraine and a crypto executive order by the U.S. President Joe Biden, Bitcoin and many altcoins have rallied.
In the face of international political strife, during the midst of a situation that could lead to a global conflict, and at a time when the Russian ruble is tumbling so much that the government might start seizing citizens funds from banks, Bitcoin is rallying.