What is RLUSD? It’s&nbsp;<a href="https://coin360.com/coin/xrp-xrp">Ripple</a>’s shiny new stablecoin, pegged 1:1 to the U.S. dollar. Think of it as a digital dollar, designed to blend the reliability of fiat with the speed and efficiency of blockchain. Cool, right? What makes RLUSD extra special is that it recently&nbsp;<a href="https://coin360.com/news/ripple-stablecoin-nydfs-approval">got the green light</a> from New York’s Department of Financial Services, a big win in the regulatory world.<figure class="image"><img alt="tweet_1866571228464460215_20241212_215906_via_10015_io_11zon.jpg" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/tweet_1866571228464460215_20241212_215906_via_10015_io_11zon_cd3f88027f.jpg"></figure>Why does this matter? Stablecoins are the backbone of many crypto transactions, and Ripple’s entry into this space shows how crypto is maturing. Still wondering how it works? Don’t worry—we’ll cover that.&nbsp;<h2>What is RLUSD?</h2>RLUSD is Ripple’s answer to the stablecoin world—a digital currency pegged 1:1 to the U.S. dollar. Each RLUSD token is&nbsp;<a href="https://ripple.com/solutions/stablecoin/">backed</a> by real assets, like U.S. dollar deposits, short-term Treasury bonds, and other cash equivalents. Think of it as a digital twin to the dollar, but turbocharged for the blockchain era.<h3>Key Features of RLUSD</h3>Here’s why RLUSD stands out:<ul><li>Stability</li></ul>RLUSD’s value is pegged to the dollar, so it doesn’t bounce around like&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> or other cryptocurrencies. This makes it great for day-to-day transactions or just parking your funds without worrying about volatility.<ul><li>Multi-Chain Issuance</li></ul>RLUSD isn’t tied to one blockchain. It’s issued on the&nbsp;<a href="https://coin360.com/coin/xrp-xrp">XRP</a> Ledger (XRPL) and as an ERC-20 token on&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ethereum</a>. When it goes live, you can use it with a wide range of wallets,&nbsp;<a href="https://coin360.com/glossary/decentralised-finance">DeFi</a> apps, and exchanges, making it super versatile.<ul><li>Instant Settlement</li></ul>Send money across the globe in seconds with almost zero fees. No banks, no delays—just smooth, real-time transactions. That’s a game-changer for businesses and everyday users alike.<ul><li>Programmable Finance</li></ul>RLUSD isn’t just a stablecoin; it’s a tool for innovation. By integrating with smart contracts, it enables automated financial operations. Think lending, payments, or even creating new DeFi products—all without needing a middleman.Ripple&nbsp;<a href="https://x.com/Ripple/status/1800892689044648393">introduced</a> RLUSD in June 2024, and it’s been beta-tested on two major platforms: the XRP Ledger and Ethereum mainnet. This dual testing ensures it’s ready for real-world use on a large scale.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>How RLUSD Works</h2>Ever wonder how RLUSD fits into the bigger crypto picture? Let’s dive into the details of Ripple’s stablecoin and how it teams up with XRP to revolutionize global payments.<h3>RLUSD and XRP: A Dynamic Duo</h3>Ripple has created RLUSD, a stablecoin pegged 1:1 to the U.S. dollar, to handle transactions where stability is key. At the same time, Ripple’s native crypto asset, XRP, acts as a bridge currency for multi-currency transfers. Together, they form a powerful pair in cross-border payments.Here’s a simple analogy:<ul><li>RLUSD is like your local digital dollar—stable, predictable, and ideal for transactions in the same currency.</li><li>XRP is the global “bridge”—connecting currencies like EUR, GBP, CAD, or any other fiat currency, making transfers quick and efficient.</li></ul><hr><h3>Key Use Cases for RLUSD and XRP</h3><ol><li>RLUSD: A Stable Digital Dollar<ul><li>Purpose: Maintains a consistent value tied to the U.S. dollar.</li><li>Ideal Use Case: Payments where both sender and receiver prefer the dollar. Example: A U.S. company paying a supplier in the same network using RLUSD for simplicity.</li></ul></li><li>XRP: The Liquidity Booster<ul><li>Purpose: Bridges currencies for cross-border transfers.</li><li>Key Feature: Decentralized and untethered to any single fiat currency. Example: Sending GBP to EUR without the complexities of forex markets.</li></ul></li></ol><hr><h3>Why Use XRP If RLUSD Exists?</h3>Here’s where XRP shines: RLUSD only works within the dollar ecosystem. But what if you’re transferring between currencies? XRP steps in as the intermediary.Let’s break it down:<ul><li>Single-Currency Transfer (RLUSD → RLUSD): XRP isn’t needed.</li><li>Multi-Currency Transfer (GBP → EUR): XRP bridges the gap, eliminating the need for banks to hold reserves in every currency.</li></ul><hr><h3>Real-Life Example of RLUSD and XRP in Action</h3>Imagine someone in Japan wants to send $1 million to Korea:<ol><li>Convert $1 million to XRP in Japan.</li><li>Transfer XRP to Korea.</li><li>Convert XRP into Korean Won.</li></ol>This system cuts costs and eliminates the need for banks to hold multiple currency reserves.<hr><h3>The Impact of RLUSD on XRP</h3><ul><li>Short-Term: RLUSD’s launch could stir excitement and influence XRP’s price on coin&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market cap</a>.</li><li>Long-Term: RLUSD adoption could indirectly boost XRP’s utility since the two often work together.</li></ul><hr><h3>Transaction Costs on XRPL</h3>Every transaction on the XRP Ledger costs just 0.00001 XRP. This tiny fee contributes to reducing XRP’s supply through a burn mechanism, enhancing its long-term scarcity.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>RLUSD Launch Details</h2>Ripple’s stablecoin RLUSD is gearing up for its official debut. Following approval from the New York Department of Financial Services (NYDFS), the RLUSD launch date is just around the corner.&nbsp;<h3>Where Will Ripple RLUSD Be Released?</h3>Ripple’s CEO, Brad Garlinghouse, confirmed that RLUSD will be available soon, globally through&nbsp;<a href="https://ripple.com/ripple-press/ripple-announces-ripple-usd-exchange-partners-for-global-distribution/">trusted exchange partners</a>. Here’s where you can find it:<div class="raw-html-embed">

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 &nbsp;<table border="1" cellpadding="5" cellspacing="0"><tbody><tr><th>Exchange</th><th>Region</th></tr><tr><td>Uphold</td><td>Global</td></tr><tr><td>Bitstamp</td><td>Global</td></tr><tr><td>Bitso</td><td>Latin America</td></tr><tr><td>MoonPay</td><td>Global</td></tr><tr><td>Independent Reserve</td><td>Asia-Pacific</td></tr><tr><td>CoinMENA</td><td>Middle East</td></tr><tr><td>Bullish</td><td>Global</td></tr>

</tbody></table></div><h3>Supporting Liquidity</h3>Market makers B2C2 and Keyrock will back RLUSD’s liquidity. This support is crucial for ensuring smooth transactions and broad adoption across global markets. Plus, Ripple’s ongoing updates will keep users in the loop about exchange and partner listings.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Ripple's Vision Behind RLUSD</h2>When Ripple launches stablecoin RLUSD pegged to U.S. dollar, it’s not just about creating another stablecoin—it’s about reshaping the digital financial system. Ripple’s&nbsp;<a href="https://ripple.com/reports/Stablecoins-Essentials-and-Impact.pdf">Stablecoins: Essentials and Impact</a> report gives us insight into why RLUSD is a big deal.<h3>The Growing Role of Stablecoins</h3>Here are some key takeaways from Ripple's research:<ul><li>Stablecoins’ Market Share: They account for 10% of the total digital asset market, showing how crucial they’ve become.</li><li>Fiat-Backed Stablecoins Dominate: With over $100 billion in market value, they represent about 93% of the stablecoin ecosystem.</li><li>Projected Growth: By 2029,&nbsp;<a href="https://coin360.com/glossary/stablecoin">stablecoins</a> and CBDCs (Central Bank Digital Currencies) could make up 2% of the global money supply—roughly $3 trillion.</li></ul><hr><h3>Ripple’s Outlook for RLUSD</h3>Ripple envisions RLUSD as a key driver in these areas:<ul><li>Regulatory Alignment</li></ul>Countries like the U.S., Singapore, and the EU are creating clear frameworks for stablecoins. For example, the NYDFS has outlined specific guidelines for USD-backed stablecoins, setting the stage for RLUSD's compliance and credibility.<ul><li>Bank Integration</li></ul>Ripple sees traditional financial institutions as partners, using stablecoins to improve liquidity and stability. This could accelerate tokenized asset adoption in the financial system.<ul><li>Global Financial Inclusivity</li></ul>Stablecoins like RLUSD can help in humanitarian aid and financial inclusion by simplifying access to money for underserved populations.<hr><h3>RLUSD and XRP: A Perfect Match</h3>RLUSD and XRP are complementary tools in Ripple’s vision:<ul><li>RLUSD: Simplifies digital dollar transactions, making them fast, secure, and cost-effective.</li><li>XRP: Bridges currencies for cross-border payments, reducing reliance on outdated banking systems.</li></ul>Together, they aim to "move money like we send emails", creating a frictionless global financial network.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Conclusion: Why RLUSD Matters</h2>RLUSD is more than just a stablecoin—it’s Ripple’s step toward transforming global finance. By providing stability, scalability, and seamless integration with existing systems, RLUSD bridges the gap between traditional finance and blockchain. It’s a cornerstone of Ripple’s mission to innovate and simplify payments for a connected, inclusive financial future.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>FAQs</h2><h3>What is the purpose of RLUSD?</h3>RLUSD is Ripple’s stablecoin pegged 1:1 to the U.S. dollar. Its purpose is to provide a stable, digital currency for seamless transactions, enhance financial inclusivity, and simplify global payments without the volatility of traditional cryptocurrencies.<h3>How will RLUSD affect XRP?</h3>RLUSD complements XRP by attracting users to the XRP Ledger for stable, digital dollar transactions. While RLUSD focuses on stability, XRP bridges currencies in cross-border payments, boosting its utility as more institutions adopt Ripple’s payment ecosystem.<h3>What is RLUSD in crypto?</h3>RLUSD is a fiat-backed stablecoin introduced by Ripple. It’s designed for secure, fast, and scalable digital transactions and is issued on both the XRP Ledger (XRPL) and Ethereum blockchain, offering compatibility across platforms.<h3>Who is the CEO of Ripple?</h3>The CEO of Ripple is Brad Garlinghouse, a prominent advocate for blockchain technology and regulatory clarity in the crypto industry. He leads Ripple’s mission to revolutionize global payments.

RLUSD utility Robot leaping across glowing dollar symbols

RLUSD utility Robot leaping across glowing dollar symbols_11zon.webp

What is RLUSD: Ripple's Stablecoin Explained in Simple Terms

<h2>The Rise of NFT Project's Token Issuance</h2>The&nbsp;<a href="https://coin360.com/nft">NFT</a> market is bouncing back after a rough patch. In November, sales volume hit&nbsp;<a href="https://www.cryptoslam.io/nftglobal?headerPeriod=30d&amp;timeFrame=month">$562 million</a>, a 1.5x increase from October. It's a sign that things are heating up again, and with that, we're seeing a big trend emerge: NFT projects launching their own tokens.<figure class="image"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/nft_stats_d7cc78f397.png" alt="nft stats.png"><figcaption>Source: CryptoSlam</figcaption></figure>Take projects like&nbsp;<a href="https://coin360.com/nft/0xbd3531da5cf5857e7cfaa92426877b022e612cf8">Pudgy Penguins</a> and&nbsp;<a href="https://coin360.com/nft/0x5af0d9827e0c53e4799bb226655a1de152a425a5">Milady</a>’s—they’ve jumped on this bandwagon. But why now? What’s driving this surge in token launches? And how does it reshape NFT utility and community engagement? Let’s dive in.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Key Motivations of Token Issuance</h2><figure class="image"><img alt="Community thrives, highlighting NFT project's sustainability through token utility_11zon.webp" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/Community_thrives_highlighting_NFT_project_s_sustainability_through_token_utility_11zon_3b9cc7788d.webp"></figure>Why are we seeing more NFT projects’ token issuance lately? It’s not just hype. Tokens are becoming a go-to strategy for NFT projects to grow, engage, and stay sustainable. Let’s unpack the potential big reasons behind this shift.<h3>1. Strengthening Community Engagement</h3>Tokens turn casual fans into invested participants. When you hold a project’s token, you’re not just on the sidelines; you’re in the game. This shared economic stake makes people more loyal and involved. Think of it like owning a piece of your favorite brand or sports team—wouldn’t you want to see it succeed? Tokens create deeper community engagement, where members feel connected and motivated to contribute.<h3>2. Expanding Ecosystems</h3>Tokens open up opportunities for more utilities. Airdrops? Definitely. Future rewards? Maybe. Exclusive perks? You bet. These features transform NFT projects from simple collectibles into dynamic ecosystems. Take Pudgy Penguins as an example—their token isn’t just a symbol; it’s a key to unlocking new levels of interaction and utility.<h3>3. Attracting New Participants</h3>Here’s an interesting twist: many newcomers see tokens as their entry point to&nbsp;<a href="https://coin360.com/glossary/non-fungible-tokens">NFTs</a>. But it doesn’t stop there—some buyers may grab NFTs hoping for token&nbsp;<a href="https://coin360.com/glossary/airdrop">airdrops</a> down the line, and we already saw this hype during&nbsp;<a href="https://coin360.com/nft/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d">BAYC</a>’s&nbsp;<a href="https://coin360.com/coin/apecoin-ape">APE</a> token launch. Airdrops have become a clever incentive, giving NFT holders extra rewards and encouraging more people to join. It’s a win-win: token issuance broadens access while creating opportunities for early adopters to benefit.<h3>4. Monetizing and Diversifying Revenue Streams</h3>Relying solely on NFT sales is risky. Tokens allow projects to create additional income streams, like staking rewards or fees from token activities. This diversification supports and ensures they can weather market downturns. It’s like adding extra legs to a chair—it makes the whole structure more stable.<h3>5. Encouraging Long-term Commitment</h3>Tokens incentivize sticking around. When your token’s value is tied to the success of an ecosystem, you’re more likely to engage and contribute to its growth. It’s a clever way for projects to align everyone’s interests and foster lasting relationships.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Spotlight on Recent NFT Projects Launching Tokens</h2>NFT projects are stepping up their game by issuing tokens, blending NFT utility with cryptocurrency innovation. Let’s highlight some recent stories that align with NFT market trends.<h3>1. Pudgy Penguins’ PENGU Token</h3>Pudgy Penguins is making waves with PENGU,&nbsp;<a href="https://coin360.com/news/pudgy-penguins-pengu-token-launch">its cryptocurrency</a> set to launch on the&nbsp;<a href="https://coin360.com/coin/solana-sol">Solana</a> blockchain. With a total supply of 88.88 billion tokens, the project’s thoughtful allocation reflects its commitment to inclusivity and long-term growth:<ul><li>25.9% for the community</li><li>24.12% for other groups</li><li>17.8% for the team</li></ul>This strategy has propelled Pudgy Penguins to surpass&nbsp;<a href="https://coin360.com/nft/0xbc4ca0eda7647a8ab7c2061c2e118a18a936f13d">Bored Ape Yacht Club</a> (BAYC) as the second-largest NFT collection. With a&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market cap</a> of $772.5 million and a floor price of 22.1&nbsp;<a href="https://coin360.com/coin/ethereum-eth">ETH</a> (around $86,922), they’ve seen a 44.8% weekly growth and a 155.3% surge over 30 days. While BAYC and&nbsp;<a href="https://coin360.com/nft/0x282bdd42f4eb70e7a9d9f40c8fea0825b7f68c5d">CryptoPunks</a> face declines, Pudgy Penguins is thriving, proving that strategic NFT project’s token issuance drives engagement and value.<figure class="image image_resized" style="width:86.65%;"><img alt="tweet_1864852010886930887_20241211_224705_via_10015_io_11zon.jpg" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/tweet_1864852010886930887_20241211_224705_via_10015_io_11zon_638abe3845.jpg"><figcaption>Source: <a href="https://x.com/pudgypenguins/status/1864852010886930887">Pudgy Penguins</a>/ X</figcaption></figure><h3>2. Milady’s CULT Token</h3>Milady NFT creators launched&nbsp;<a href="https://coin360.com/coin/erc-20-milady-cult-coin-culteth">CULT</a> with an initial valuation of $845 million, later stabilizing near $260 million. What makes CULT unique? Half of its 10 billion tokens go to a "<a href="https://decrypt.co/295800/milady-cult-why-it-took-so-long">Cult Fund</a>," with airdrops rewarding NFT holders. Unlike standard meme coins, CULT embodies a "memetic tribe" culture that’s central to Milady’s community. It’s a creative take on blending token utility with community identity.<figure class="image"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/chart_87f202dd64.png" alt="chart.png"></figure><h3>3. DeGods’ DEGOD Token</h3><a href="https://coin360.com/nft/0x8821bee2ba0df28761afff119d66390d594cd280">DeGods</a> launched DEGOD on September 16, allowing NFT holders to redeem tokens:<ul><li>550,000 for DeGod NFTs</li><li>120,000 for y00ts</li><li>36 for DUST holders</li></ul>Amid the initial&nbsp;<a href="https://solanafloor.com/news/degods-community-divided-memecoin-pivot-end-franks-chain-hopping">controversy</a>, the project’s allocation gave 85% for holders, and smaller portions for the foundation, bonding curve, liquidity, and integrations like Sniper. Although DEGOD hit a peak market cap of $326 million, it saw a dramatic decline to $35 million within 48 hours, reflecting both the risks and opportunities in token launches.<figure class="image"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/chart_1_e7119c39d4.png" alt="chart (1).png"></figure><h3>4. Bored Ape Yacht Club’s APE Token</h3>Let’s not forget one of the earliest examples:&nbsp;<a href="https://coin360.com/coin/apecoin-ape">ApeCoin</a> (APE). Launched on March 16, 2022, this governance token empowered the BAYC community through the ApeCoin DAO. With a supply of 1 billion tokens and 62% allocated to the community, APE allowed holders to vote on proposals and funding. It reached a peak market cap of $6.8 billion, showing the potential even as it now hovers around $1 billion.<figure class="image"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/chart_2_bab79b1c76.png" alt="chart (2).png"></figure><div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>The Future of NFTs: Tokens as Drivers of Innovation</h2><figure class="image"><img alt="Futuristic scene of token issuance tied to NFT trends_11zon.webp" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/Futuristic_scene_of_token_issuance_tied_to_NFT_trends_11zon_e5ba4107c6.webp"></figure>Where are NFTs heading? Tokens are set to redefine their role, bringing NFT utility to new heights.<h3>Interoperability and Gaming</h3>Imagine your NFTs and tokens working seamlessly across multiple platforms. That’s the promise of interoperability—using a digital sword earned in one game in another. Gaming is a natural fit, with tokens enabling in-game economies that feel real and rewarding. Think of it as leveling up, but this time, it’s your&nbsp;<a href="https://coin360.com/glossary/crypto-wallets">wallet</a> that benefits.<h3>Governance and Community Power</h3>Tokens also democratize projects through governance. Communities vote on decisions, from features to funding. It’s like having a say in your favorite club’s future while enjoying rewards for sticking around.<h3>Mainstream Adoption</h3>The real magic? Tokens could bridge the gap between NFTs and the mainstream. Lower entry barriers, better rewards, and practical use cases (like loyalty programs) make adoption inevitable.<h3>Challenges Ahead</h3>But it’s not all smooth sailing. Regulatory hurdles could slow progress, and sustainability concerns—like blockchain energy use—will need solutions. Still, with innovation driving the future of NFTs, the potential outweighs the risks.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Conclusion: A Turning Point for NFTs</h2>NFT project’s token issuance is reshaping the landscape. From boosting community engagement to expanding utility, tokens are driving innovation and sustainability. Projects like Pudgy Penguins and Milady’s highlight how tokens create value and align with market trends. As NFTs evolve, token issuance will play a key role in pushing the space forward.

Humanoid robot energizes NFT project's token issuance in a plaza

Humanoid robot energizes NFT project's token issuance in a plaza_11zon.webp

Why NFT Projects Are Issuing Tokens

Quantum computing is making waves, and it’s not hard to see why. Google recently unveiled its new quantum chip,&nbsp;<a href="https://blog.google/technology/research/google-willow-quantum-chip/">Willow</a>, boasting an impressive 105 qubits. This breakthrough has sparked excitement in tech circles—but it’s also <a href="https://coin360.com/news/quantum-computing-crypto-impact">causing jitters</a> in the crypto world. Many are asking:&nbsp;Will quantum computing kill crypto?It’s a fair question. After all, cryptocurrencies rely on encryption to stay secure, and quantum computing promises to unravel complex algorithms in seconds. So, how does quantum computing affect cryptocurrency? Let’s break it down.<h2>What Is Quantum Computing?</h2>Quantum computing might sound like something out of a sci-fi movie, but it’s becoming very real. Unlike classical computers that process information using bits (0s and 1s), quantum computers harness the mind-bending principles of quantum mechanics. They use&nbsp;quantum bits, or qubits, which can exist in multiple states at once.&nbsp;<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>How Does Quantum Computing Work?</h2><h3>Qubits</h3>Think of classical bits like a light switch—it’s either on (1) or off (0). Qubits, on the other hand, can be on, off, or both at the same time. This phenomenon, called&nbsp;superposition, lets quantum computers explore multiple solutions to a problem simultaneously. Imagine trying every combination to unlock a safe at once—pretty cool, right?<h3>Superposition</h3>Superposition is the secret sauce. It’s why quantum computers can process massive amounts of data all at once. Need to solve a problem that would take a classical computer billions of years? A quantum computer could crack it in minutes. That’s like comparing a horse-drawn carriage to a spaceship.<h3>Entanglement</h3>Here’s where things get even weirder.&nbsp;Entanglement allows qubits to sync up, so the state of one qubit instantly affects another—even if they’re miles apart. It’s like a superpower that boosts computational efficiency. Thanks to entanglement, quantum computers can tackle problems that classical computers can’t even touch.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>How Quantum Computing Could Impact Cryptocurrency</h2>The intersection of crypto and quantum computing raises fascinating questions about the future of blockchain security, and the conversation around “will quantum computing kill crypto” has been speculative.&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a>, for example, relies on two core cryptographic mechanisms that could one day face challenges from quantum advancements.<h3>Bitcoin’s Cryptographic Foundations</h3>Bitcoin’s security is built on:<ul><li>SHA-256 Hashing<ul><li>Used in Bitcoin’s mining process and for generating&nbsp;<a href="https://coin360.com/glossary/crypto-wallets">wallet</a> addresses.</li><li>Its design ensures reversing the hash (inverse hashing) is computationally infeasible for classical computers, making it robust against most attacks.</li></ul></li><li>Elliptic Curve Digital Signature Algorithm (ECDSA)<ul><li>Generates public-private key pairs to secure Bitcoin transactions.</li><li>It relies on the discrete logarithm problem, which classical computers find nearly impossible to solve within a reasonable timeframe.</li></ul></li></ul><h3>Potential Quantum Threats</h3>Quantum computing introduces two major potential risks to Bitcoin’s cryptography:<ul><li>SHA-256 Hashing<ul><li>With Grover’s algorithm, quantum computers could significantly speed up inverse hashing.</li><li>This would effectively reduce the security of SHA-256 from 256 bits to 128 bits, which, while still strong, is less secure than originally intended.</li></ul></li><li>Elliptic Curve Cryptography (ECC)<ul><li>Shor’s algorithm allows quantum computers to solve the discrete logarithm problem efficiently.</li><li>This could potentially enable attackers to derive private keys from public keys, compromising transaction security.</li></ul></li></ul><div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Why Quantum Computing Is Not a Threat to Crypto Right Now</h2>Quantum computing is a fascinating field, and it’s easy to see why people get nervous when it’s mentioned alongside crypto. The question on everyone’s mind:&nbsp;“Will quantum computing kill crypto?” Let’s unpack what’s really going on.<h3>Current Quantum Capabilities</h3>As of 2024, quantum computers, while groundbreaking, are not powerful enough to break Bitcoin’s encryption. Here’s why:<h4>Scale of Quantum Power</h4><ul><li>Researchers at the University of Sussex estimate it would take&nbsp;<a href="https://www.techradar.com/news/quantum-computers-may-be-able-to-break-bitcoin-sooner-than-you-think">13 million qubits</a> to crack Bitcoin’s encryption in a single day.</li><li>Google’s Willow chip, their latest breakthrough, operates with 105 qubits—far below the scale needed.</li><li>Achieving the necessary computational power remains far beyond present technological capabilities, requiring quantum systems with millions, or even billions qubit counts and minimal error rates.</li></ul><h4>Perspective on FUD (Fear, Uncertainty, and Doubt)</h4>Concerns about quantum computing crypto threats aren’t new. This discussion pops up nearly every year.The truth is, if quantum computers ever become capable of breaking encryption, the problem extends far beyond Bitcoin or cryptocurrency. National security systems, government networks, and even your bank could be at risk.&nbsp;At that point, crypto would be just one small piece of a much larger problem. Governments must be the first ones to worry, and thus, it’s not likely for them to let it happen.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Preparing Crypto for a Quantum Future</h2>With recent updates, the conversation around crypto and quantum computing is more relevant than ever. Here’s how cryptocurrencies are preparing:<h3>Post-Quantum Cryptographic Standards</h3><ul><li>The National Institute of Standards and Technology (NIST)&nbsp;<a href="https://www.nist.gov/news-events/news/2024/08/nist-releases-first-3-finalized-post-quantum-encryption-standards">introduced</a> algorithms like ML-KEM, ML-DSA, and SLH-DSA to safeguard digital communications against quantum attacks.</li><li>These standards are designed to address vulnerabilities that quantum computers could exploit, including those in blockchain technology.</li></ul><h3>Bitcoin’s Built-In Adaptability</h3><ul><li>Bitcoin’s protocol is flexible enough to integrate quantum-resistant algorithms through upgrades or forks.</li><li>Satoshi Nakamoto even acknowledged this possibility, stating:</li></ul><blockquote>“If SHA-256 is broken, we can agree on the last block before the attack and hard fork to a new algorithm.”</blockquote><h3>Ethereum’s Quantum Resilience Plans</h3><a href="https://coin360.com/coin/ethereum-eth">Ethereum</a> is also preparing to address how quantum computing affects crypto currency through its long-term strategy,&nbsp;“<a href="https://thequantuminsider.com/2024/10/30/ethereum-prepares-for-quantum-resistant-future-amid-security-push/">The Splurge</a>.”<ul><li>Lattice-Based Cryptography: Ethereum developers are exploring this quantum-resistant approach to replace vulnerable cryptographic systems.</li><li>Hard Fork Proposals: Discussions include reversing blocks compromised by quantum attacks and implementing new transaction types designed to enhance security.</li></ul>Quantum computing is exciting, but the crypto world is not sitting idle. When quantum computers advance, crypto will evolve too.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Is Quantum Computing the End of Crypto?</h2>The answer, for now, is no. Quantum computing is shaping up to be a transformative tool, not just a potential disruptor. While the crypto world keeps a close eye on quantum computing crypto developments, the bigger picture shows industries like national security and banking already working on quantum-safe upgrades.These efforts highlight a shared recognition: as quantum technology grows, so does the need for stronger security across all digital platforms, including cryptocurrencies. With proactive strategies like quantum-resistant algorithms and adaptive blockchain protocols, crypto is aligning itself with the broader push for secure, resilient systems.

Robot building quantum-resistant code, ensuring quantum computing crypto safety

Robot building quantum-resistant code, ensuring quantum computing crypto safety_11zon.webp

Quantum Computing and Crypto: Why It’s Not a Threat to Cryptocurrency Right Now

Markets are buzzing with anticipation of a rate cut, with traders assigning a&nbsp;<a href="https://www.cnbc.com/2024/12/07/the-fed-is-on-course-to-cut-interest-rates-in-december-but-what-happens-next-is-anyones-guess.html">90% chance</a> of a 25 basis point reduction in December at one point. November’s job report struck a perfect balance—neither too strong to reignite inflation concerns nor too weak to signal trouble. This “Goldilocks” scenario gives the Fed room to lower rates, which typically encourages risk-on investments like crypto.But here’s the catch: the Fed is still in quantitative tightening (QT) mode, pulling $720 billion out of the economy each year. This policy drains liquidity, counteracting some of the benefits that a rate cut might bring. For crypto investors, this creates a key tension. While rate cuts could provide relief, QE—the Fed’s tool to pump liquidity into the economy—remains the missing ingredient for robust growth in the cryptocurrency market reaction and digital asset investments.<figure class="image"><img alt="fredgraph.png" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/fredgraph_53cd7b0908.png"><figcaption>Source: Federal Reserve Bank of St. Louis</figcaption></figure>Can crypto thrive under QT with rate cuts alone, or does the market need QE to truly take off?<h2>What is Quantitative Easing and Its Contrast with Quantitative Tightening?</h2>Let’s break it down. Quantitative easing (QE) is when central banks, like the Fed, pump money into the economy. They do this by buying government bonds and other securities. The goal is to increase the money supply, lower interest rates, and give the economy a push. Think of it like turning on a financial sprinkler system to keep things green. And yes, QE does reduce interest rates, making borrowing cheaper and boosting investment.But there’s a flip side—quantitative tightening (QT). In QT, the Fed takes money out of the system by selling assets or letting them expire. This reduces liquidity, raises borrowing costs, and puts the brakes on speculative investments. It’s like turning off that sprinkler during a drought.Historically, QE has been a game-changer for financial markets, especially for crypto. During the pandemic’s QE phase (2020–2021),&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a> and&nbsp;<a href="https://coin360.com/coin/ethereum-eth">Ethereum</a> hit record highs. Excess liquidity flooded the market, and crypto’s narrative as a hedge against fiat devaluation gained traction. People saw it as a digital gold.Now, with QT in full swing since mid-2022, the story is different. The Fed has&nbsp;<a href="https://fred.stlouisfed.org/series/WALCL">reduced</a> its assets by $2.07 trillion, or 23% of total holdings, and has shed 43% of the assets added during pandemic QE. Liquidity has been tight, slowing speculative flows.&nbsp;Yet, institutional interest in crypto remains robust, fueled by ETFs, ETPs, and trusts. Even in this tightening cycle, institutions are quietly accumulating Bitcoin—a sign of confidence in digital asset investment despite tougher conditions.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>QE, QT, and Institutional Crypto Investment Trends</h2>Institutional accumulation of Bitcoin during the Federal Reserve's quantitative tightening (QT) phase signals a significant evolution in investment strategies and perceptions of digital assets. Here's a detailed analysis:<h3>Institutional Confidence in Bitcoin</h3><ul><li>Perceived Store of Value: Bitcoin is increasingly viewed as "digital gold," providing a hedge against inflation. Despite liquidity constraints from QT, this narrative is gaining traction, with Federal Reserve Chair Jerome Powell&nbsp;<a href="https://coin360.com/news/bitcoin-hits-100k-milestone">likening</a> Bitcoin to gold.</li><li>Portfolio Diversification: Institutions are incorporating Bitcoin to diversify portfolios, seeking assets with low correlation to traditional markets. This highlights Bitcoin's appeal as a unique element in broader digital asset investment strategies.</li></ul><h3>Effects of Quantitative Tightening</h3><ul><li>Liquidity Constraints: QT involves reducing the Fed's balance sheet, withdrawing liquidity from the financial system. Despite this, institutional Bitcoin purchases continue, reflecting confidence in its resilience and long-term potential.</li><li>Market Independence: Bitcoin's price movements are increasingly independent of monetary policies like QT or Fed quantitative easing, as demonstrated by a&nbsp;<a href="https://www.newyorkfed.org/research/staff_reports/sr1052">Federal Reserve Bank of New York</a> study. This positions Bitcoin as a distinct asset class compared to traditional investments.</li></ul><h3>Regulatory Developments Supporting Institutional Interest</h3><ul><li>Pro-Crypto Policies: Political shifts, such as the appointment of crypto-friendly leaders and proposals for a strategic Bitcoin reserve, are boosting institutional confidence in digital asset investment.</li><li>Accessible Investment Products: The introduction of Bitcoin ETFs and other regulated investment vehicles has made it easier for institutions to participate, further increasing adoption during QT.</li></ul><h3>Strategic Bitcoin Accumulation</h3><ul><li>Opportunistic Positioning: QT’s market stress creates opportunities for institutions to accumulate Bitcoin at attractive prices, anticipating future price appreciation.</li><li>Long-Term Perspective: Institutional Bitcoin purchases reflect a strategic focus on the asset’s potential rather than short-term speculative behavior, solidifying its role in diversified portfolios.</li></ul><div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Trump’s Presidency, Fiscal Stimulus, and Crypto</h2>Donald Trump’s return to the presidency in 2024 is likely to bring major changes to fiscal and monetary policies, which could significantly impact the crypto market. Here’s what we can expect:<h3>Trump’s Fiscal Agenda</h3><ul><li>Deregulation and Tax Cuts: Trump’s pro-business agenda emphasizes slashing regulations and reducing taxes. This approach is designed to stimulate economic growth and could foster a more supportive environment for digital asset investment.</li><li>Infrastructure Spending: Large-scale infrastructure projects are expected to be a focus, injecting fiscal stimulus into the economy. However, this increased government spending could drive inflation higher, putting pressure on monetary policy.</li></ul><h3>Implications for Crypto</h3><ul><li>Regulatory Environment: A potential easing of regulations under Trump’s leadership may remove barriers for blockchain adoption. The expected&nbsp;<a href="https://coin360.com/news/trump-nominates-paul-atkins-sec">appointment</a> of Paul Atkins, a crypto advocate, to lead the SEC is a strong indicator of a more crypto-friendly stance on policy.</li><li>Inflation Concerns: With government spending potentially fueling inflation, Bitcoin’s role as a store of value could gain prominence. Investors may turn to Bitcoin as “digital gold,” further boosting its appeal amid macroeconomic uncertainty.</li></ul><h3>Speculative Outlook</h3><ul><li>Market Opportunities: Trump’s fiscal policies could align with a liquidity-driven market cycle, especially if the Federal Reserve pivots to a dovish stance and resumes Fed quantitative easing. Such a scenario would enhance market confidence, creating fertile ground for crypto to thrive.</li></ul>Trump’s policies could significantly shape the <a href="https://coin360.com/learn/trump-wins-2024-election-what-it-means-for-the-cryptocurrency-market">Trump crypto impact</a> by reducing regulatory hurdles and spurring adoption. However, the extent of their influence will depend on how effectively these policies are implemented and how the market reacts to the evolving fiscal landscape.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Conclusion: Navigating Crypto in a QE-Driven World</h2>The relationship between quantitative easing (QE), quantitative tightening (QT), and crypto is a balancing act. QE injects liquidity into the market, fueling growth for speculative and alternative assets like Bitcoin and Ethereum. On the other hand, QT reduces momentum, but it also strengthens the quality of digital asset investment, as institutions take a more strategic, long-term approach.What Should Investors Watch?<ul><li>Federal Reserve Policies: Keep an eye on rate cuts and any signals of a QE reintroduction. The timing of these moves could shape the cryptocurrency market reaction and create opportunities for gains.</li><li>Political Developments: Trump’s presidency and his fiscal policies might influence regulatory clarity, inflation, and monetary strategies, all of which affect crypto markets.</li></ul>Stay informed. Understanding macroeconomic trends is key to navigating the crypto landscape. Position portfolios to take advantage of liquidity-driven easing cycles, and prepare to mitigate risks during tightening phases. By staying proactive, you can capitalize on the interplay between policy shifts and digital asset growth.

Humanoid robot balances liquidity streams, symbolizing quantitative easing impacts

Humanoid robot balances liquidity streams, symbolizing quantitative easing impacts_11zon.webp

Quantitative Easing vs Tightening: What It Means for Crypto Investors

<h2>The Bitcoin Price Journey</h2><figure class="image"><img alt="chart (1).png" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/chart_1_ef903b1478.png"></figure><a href="https://coin360.com/coin/bitcoin-btc">Bitcoin</a>’s price journey has been extraordinary. From its humble beginnings as a niche idea worth just pennies to its recent milestone of reaching $100,000, Bitcoin has reshaped the global financial landscape. But this journey hasn’t been easy—it’s been marked by cycles of dramatic highs and sharp corrections.Bitcoin’s cyclical nature is key to its story. Prices rise, crash, and then recover—often stronger than before. This pattern might feel nerve-wracking, but it also speaks to Bitcoin’s adaptability and the unwavering belief of its community.What does Bitcoin’s $100K milestone mean for the future? That’s a question we’ll explore next. It’s a turning point, not just for investors but for the entire financial ecosystem.&nbsp;<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>2009–2012: The Genesis Era</h2>Back in 2009, Bitcoin quietly stepped into the world with the mining of its very first block, the Genesis Block, by its mysterious creator, Satoshi Nakamoto. At the time, no one could’ve guessed how this experiment in digital money would spark a financial revolution.Then came 2010 and the infamous Bitcoin Pizza Day. Laszlo Hanyecz made history—and probably set the record for the most expensive pizza ever—when he traded 10,000&nbsp;<a href="https://coin360.com/coin/bitcoin-btc">BTC</a> for two pizzas. Yep, two pizzas. That’s over $1 billion at today’s prices! It was the first time Bitcoin was used as real money, even if the world wasn’t ready to take it seriously just yet.<figure class="image"><img alt="pizza-bitcoin.png" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/pizza_bitcoin_aeadc2136d.png"></figure>Most people back then thought Bitcoin was a joke. Bitcoin starting price was literally $0, and skeptics threw around a lot of "<a href="https://coin360.com/glossary/fear-uncertainty-doubt">FUD</a>"—fear, uncertainty, and doubt. Could it even work? Was it safe? The doubts were endless.But then, something game-changing happened in 2012: the first Bitcoin halving. This meant miners’ rewards dropped from 50 BTC to 25 BTC per block. With fewer Bitcoin entering circulation, its scarcity started to show. By the end of 2012, Bitcoin was worth around $13.50—a big leap from nothing, but still just a hint of what was to come.Those early years weren’t glamorous, but they set the stage for everything Bitcoin would become.&nbsp;<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>2013–2017: The Public Spotlight</h2>Bitcoin’s journey hit a major turning point in 2013. For the first time, its price broke $100 and then spiked to $1,200 by year-end. It wasn’t just tech enthusiasts talking about Bitcoin anymore—suddenly, the world started to notice. But just as quickly as it rose, the cracks began to show.In 2014, disaster struck. The Mt. Gox exchange, which handled about 70% of Bitcoin transactions, was&nbsp;<a href="https://coin360.com/news/top-7-crypto-exchange-hacks">hacked</a>. Poof—850,000 BTC vanished. The fallout was massive. Bitcoin’s price crashed to $111, and Bitcoin FUD (fear, uncertainty, and doubt) reached an all-time high. Critics gleefully declared Bitcoin dead. Again.<figure class="image"><img alt="chart-6-gox-effect-1024x693.png" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/chart_6_gox_effect_1024x693_55c1f28fbf.png"><figcaption>On-chain transaction volume remained stagnant for about a year after Mt. Gox's collapse. Source: Chainalysis</figcaption></figure>But Bitcoin wasn’t done. From 2015, it began to claw its way back. The community rallied, and steady adoption helped rebuild trust. Then, in 2016, the second halving dropped block rewards from 25 BTC to 12.5 BTC, reinforcing its scarcity. Prices climbed steadily as demand grew.By late 2017, Bitcoin hit $20,000. The frenzy was driven by ICO (<a href="https://coin360.com/glossary/initial-coin-offering">Initial Coin Offering</a>) mania and a flood of mainstream attention. Everyone wanted a piece of the action. But with fame came challenges: regulators took a closer look, and Bitcoin’s scalability issues made headlines.Through it all, Bitcoin showed its resilience. The highs and lows of this period shaped its identity as both a disruptive force and a lightning rod for controversy.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>2018–2020: The Bear Market and Institutional Interest</h2>After hitting $20,000 in 2017, the Bitcoin price journey faced a harsh reality in 2018. Prices crashed by nearly 80%, ending the year around $4,000. For many investors, this was a wake-up call. The hype around Bitcoin and ICOs (Initial Coin Offerings) had exploded, but when projects failed to deliver, trust eroded quickly.By mid-2019, Bitcoin started to show signs of life. It climbed back to $13,000 in June, only to settle below $10,000 for most of the year. It wasn’t a full comeback, but it was enough to remind people that Bitcoin wasn’t going away.Then came 2020—a year that turned the world upside down. As the COVID pandemic reshaped global financial markets, Bitcoin began to shine as a hedge against inflation. With central banks printing money at unprecedented rates, Bitcoin’s fixed supply became a key selling point.<figure class="image"><img alt="BTCUSD_2024-12-05_22-49-52.png" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/BTCUSD_2024_12_05_22_49_52_4f0899905a.png"><figcaption>Source: TradingView</figcaption></figure>Institutional interest exploded. Companies like MicroStrategy and Tesla added Bitcoin to their balance sheets, signaling mainstream acceptance. By the end of 2020, Bitcoin’s price had soared to $29,000, closing the year with undeniable momentum.Looking back, these years were a turning point. They proved that Bitcoin wasn’t just surviving—it was evolving.&nbsp;<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>2021–2023: Volatility and Maturity</h2>Bitcoin’s price journey took center stage again in early 2021, surging to $64,000. This climb was fueled by the COVID-19 pandemic, the loose monetary policy of central banks, institutional adoption, and widespread fears about inflation. It felt like Bitcoin was finally maturing into a mainstream financial asset.Then came the middle of the year, and things got rocky. China cracked down hard on Bitcoin mining and trading, wiping out a big chunk of the network’s hash rate. Prices tumbled to $28,000, sparking fresh waves of Bitcoin FUD (fear, uncertainty, and doubt). But Bitcoin, being Bitcoin, bounced back. By November 2021, it hit a new all-time high of $69,000.The celebration didn’t last long. In 2022, a brutal bear market set in. Economic uncertainty, rising interest rates, and the high-profile collapses of&nbsp;<a href="https://coin360.com/coin/terra-luna">Terra</a> and&nbsp;<a href="https://coin360.com/coin/ftx-token-ftt">FTX</a> sent Bitcoin below $20,000, even reaching $15,000 at one point. It was another harsh reminder of crypto’s volatility.<figure class="image"><img alt="FTX-infographics-01-1536x864_11zon.jpg" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/FTX_infographics_01_1536x864_11zon_05041a1b85.jpg"><figcaption>Source: CoinDCX</figcaption></figure>By 2023, the narrative shifted again. With ETF approval filings in the works and renewed institutional interest, Bitcoin found its footing. Prices began recovering, hinting at brighter days ahead.<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>2024: The $100K Milestone</h2>This year, Bitcoin hit a landmark moment: $100,000. It wasn’t just a price tag—it was a statement. Earlier in the year, Bitcoin ETFs, both spot and&nbsp;<a href="https://coin360.com/learn/bitcoin-etf-with-options">options</a>, were approved, finally unlocking institutional capital on a massive scale. MicroStrategy's aggressive Bitcoin acquisition strategy set a precedent,&nbsp;<a href="https://coin360.com/news/bitcoin-treasury-expansion-2024">inspiring</a> other firms to follow suit.&nbsp;<figure class="image"><img alt="us spot bitcoin etf inflow.png" src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/us_spot_bitcoin_etf_inflow_054629fd73.png"><figcaption>Total Bitcoin Spot ETF Net Inflow. Source: SosoValue</figcaption></figure>Trump’s recent decision to&nbsp;<a href="https://coin360.com/news/trump-nominates-paul-atkins-sec">nominate</a> Paul Atkins to replace Gary Gensler as the Chair of the SEC, helped set the stage for the rise. This move, paired with further expectations of clearer regulations and supportive policies following&nbsp;<a href="https://coin360.com/learn/trump-wins-2024-election-what-it-means-for-the-cryptocurrency-market">Trump’s re-election</a>, brought much-needed trust and credibility to the space.&nbsp;By December 2024, a combination of factors fueled Bitcoin’s rise. The market saw record inflows from ETFs, with BlackRock’s spot Bitcoin ETF amassing over $50 billion in assets within 228 days. Even El Salvador, the Bitcoin pioneer,&nbsp;<a href="https://coin360.com/news/bitcoin-hits-100k-milestone">enjoyed</a> over 100% unrealized profits from its holdings. Geopolitics played a role, too, with global leaders like Putin calling Bitcoin “unstoppable” and the U.S. Federal Reserve chair recognizing it as “digital gold.”<a href="https://coin360.com/news/bitcoin-halving-post-action-analysis">Halving scarcity</a>, inflation fears, and shifting economic dynamics also added fuel to the fire. Bitcoin, now the 7th largest asset by&nbsp;<a href="https://coin360.com/glossary/market-capitalization">market cap</a>, cemented its place as more than an investment—it’s a global financial phenomenon.Who could’ve imagined this in 2009? But here we are, witnessing Bitcoin redefine what’s possible in finance.&nbsp;<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Conclusion: Lessons from Bitcoin’s Journey</h2>Bitcoin’s price journey is a testament to resilience and innovation. From skepticism to becoming a trillion-dollar asset, it has revolutionized finance and redefined value in the digital age. As Bitcoin surpasses $100K, one question remains: how far can it go, and what role will it play in shaping our financial future?

Robot atop Bitcoin mountain celebrating the Bitcoin price journey

Robot atop Bitcoin mountain celebrating the Bitcoin price journey_11zon.webp

From Pennies to Power: Bitcoin’s $100K Story

<h2>Effortlessly Track Your Crypto Portfolio with MetaMask and Coin360: A Step-by-Step Guide</h2>Want to effortlessly track your crypto portfolio and monitor its performance? This guide will take you through the process of installing&nbsp;<a href="https://coin360.com/review/metamask">MetaMask</a> and setting it up. Then, we'll show you how to seamlessly connect your MetaMask wallet to Coin360.By following these steps, you'll gain instant access to valuable insights into your crypto holdings, including their current value and performance over time!<div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Install MetaMask and Set Up Your Wallet</h2>This guide walks you through downloading and installing the MetaMask extension, followed by creating a new wallet or importing an existing one:<ul><li>Go to MetaMask's official website at&nbsp;<a href="https://metamask.io/">https://metamask.io/</a>.</li><li>Click "Download" to get the MetaMask Extension/App for your device or browser. In this example, we are using the MetaMask Extension on Brave.&nbsp;</li></ul><figure class="image image_resized" style="width:88.89%;"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/download_1ecfd054fa.png" alt="download.png"><figcaption>&nbsp;To get the MetaMask Extension/App, click "Download." &nbsp;</figcaption></figure><ul><li>Click “Add to Brave,” or any other browser that you use to install it.&nbsp;</li><li>Click “Add extension” in the popup.&nbsp;&nbsp;</li></ul><figure class="image image_resized" style="width:83.91%;"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/Install_Meta_Mask_Brave_2_9103120423.png" alt="Install_MetaMask_Brave_2.png"></figure><ul><li>After installation, you will see a welcome page. Tick the “I agree to MetaMask's Terms of Use” box and follow the setup, which involves creating a new wallet, or importing your existing wallet to MetaMask.&nbsp;</li></ul><figure class="image image_resized" style="width:80.42%;"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/step_1_2f285ef71f.png" alt="step 1.png"></figure><ul><li>Click “Got it!” on the Wallet creation successful window and you’re ready.&nbsp;&nbsp;</li></ul><figure class="image image_resized" style="width:80.13%;"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/creation_8803fd07ea.png" alt="creation.png"></figure><div class="page-break" style="page-break-after:always;">&nbsp;</div><h2>Connect MetaMask to Coin360 and Track Your Crypto Performance</h2>Once you have MetaMask set up, learn how to connect your wallet to the Coin360 platform to easily track your crypto holdings, including their performance and value:<ul><li>Sign in to&nbsp;<a href="https://coin360.com/">Coin360</a> and navigate to the 'Watchlist' tab.</li><li>Click on 'Create watchlist based on your MetaMask wallet tokens' if your watchlist is empty.</li></ul><figure class="image image_resized" style="width:93.19%;"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/watchlist_8a61cf5a13.png" alt="watchlist.png"></figure><ul><li>After the MetaMask popup appears, click 'Next' -&gt; 'Connect' to link the wallet to the Coin360 platform.&nbsp;&nbsp;</li></ul><figure class="image image_resized" style="width:90.87%;"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/connect_2_imageonline_co_merged_c6d7ffc3e8.png" alt="Connect wallet to Coin360"></figure><ul><li>Allow a few seconds for Coin360 to display a heatmap reflecting the cryptocurrencies in your MetaMask wallet.</li><li>To view detailed information about your holdings, click the 'Table' icon near the heatmap button at the top right. This view will list the types and amounts of your cryptocurrencies.</li></ul><figure class="image image_resized" style="width:90.72%;"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/balance_2_f7393ed2aa.png" alt="balance 2.png"></figure><ul><li>Enter the purchase price in the 'Trade price (USD)' field to compare your holdings' current value against the market rate in the 'Profit/Loss (USD)' section.</li></ul><figure class="image image_resized" style="width:90.37%;"><img src="https://prod-coin360-cms.s3.eu-central-1.amazonaws.com/p_and_l_f8e1308a2d.png" alt="p&amp;l.png"><figcaption>Here's an example if you bought ETH at $1,333.</figcaption></figure>With your MetaMask connected to Coin360, you now have a convenient way to monitor your crypto portfolio, view current balances, and track performance all in one place. Start gaining valuable insights into your holdings today!

How to Connect Your MetaMask Wallet to Coin360 for Easy Portfolio Tracking

Effortlessly Track Your Crypto Portfolio with MetaMask and Coin360: A Step-by-Step Guide

Install MetaMask and Set Up Your Wallet

Connect MetaMask to Coin360 and Track Your Crypto Performance