If you missed it, my colleague Brad Briggs launched a weekly Crypto Roundup.

(By the way, it’s completely free — so be sure to not miss it.)

In his latest edition (which you can read here), he mentioned some big news in the crypto space that we should talk about before we get to to the rest of today’s issue.

I’m talking about last week’s ruling by a judge that Ripple’s token (XRP) is not a security.

Crypto investors gave each other a little fist pump on the news. And with good reason.

As Brad explained in his article, Ripple is a digital payment protocol and a cryptocurrency (XRP). The goal is to enable fast, direct transfers of money between two parties in any type of currency (using XRP as the mechanism). The result: a decentralized, low-cost, high-speed global money transfer system.

Anyway, what’s important to know is that Ripple was one of the Securities & Exchange Commission’s first targets. (They’ve gone after many more players in the crypto space since then, as we’ve covered.) A key part of the SEC’s case was that XRP was a security. Well, the judge took Ripple’s side on this one, giving a blow to the SEC.

Of course, this doesn’t mean Ripple won its case completely. It just means XRP can trade freely on exchanges. At one point, exchanges like Coinbase wouldn’t allow users to buy and sell XRP. With this ruling, Coinbase announced they would relist XRP (along with Gemini and Kraken).

Still, the ruling was a big win for crypto and XRP, which is up roughly 65% on the news.

Looking Ahead

On the Bitcoin front… Remember when we told you that the big boys (traditional finance) had submitted applications for a Bitcoin ETF? We are talking about BlackRock, Fidelity, WisdomTree, etc.

Well, the SEC accepted their applications, which means the SEC is actually taking them seriously. There are still more hoops to jump through, but the SEC moving the application to the top of the pile is surely a good sign.

With all this in mind, it sure seems like the next bull market for cryptocurrencies is here. Over at Capital Wealth Letter, I’ve identified my top three ways to invest for the coming boom. If you’re not a premium subscriber (yet), you can go here to learn more.

In the meantime, I’d like to pass along this essay about an even more aggressive way to profit…

Enjoy,

Jimmy Butts
StreetAuthority Insider

---

The Easy Way To Multiply Your Gains — Without Buying Crypto

The biggest gains are often the least obvious ones. In other words, you have to look a little harder for them.

That might seem obvious. But whenever there’s a major bull market underway in a particular corner of the market, most folks take the most apparent trades.

Of course, there’s nothing wrong with that, as they’ll typically enjoy some solid returns.

But if you want truly outstanding returns, sometimes you’ve got to dig just below the surface. That’s where you can frequently score the biggest gains.

Same Bull Market, Different Results

I’ve talked about this frequently when it comes to gold. Sure, you can buy physical gold or a gold ETF when the precious metal is enjoying a bull market. And you’ll likely do well.

But if you buy the small companies that are pulling the gold out of the ground (called junior miners), you can do even better. To see what I mean, let’s take a look at what happened during a previous big run-up in the price of gold…

To put this into dollar terms, a $10,000 investment in gold would have turned into $13,340. Not bad at all. But that same amount in junior gold miners would have turned into $19,174.

Same bull market, but drastically different outcome.

This isn’t isolated to just gold, either. This happens in every corner of the market… including cryptocurrency.

How To Magnify Your Returns… From Bitcoin

As you may know, I told my Capital Wealth Letter readers that it was time to venture back into the cryptocurrency waters back in early May.

We’ve dabbled in and out of this space, dating all the way back to my first crypto prediction in 2021. (Back then, my bullish prediction about one particular crypto led to a 400% gain within a year.)

And before I go any further, let me repeat something. There’s nothing wrong with buying a cryptocurrency like bitcoin.

But…

Every time cryptocurrencies take off, another group of investments takes off even higher. The best part is you can buy them through your stockbroker. For instance, in 2020, bitcoin soared 720%. But consider that at exactly the same time, a niche group of crypto investments soared even higher (we’re talking 8,240%… 7,210%… 1,450%… 6,490%.)

Now, I can’t guarantee lightning will strike again. Those are truly life-changing returns.

But even if bitcoin shoots up, say, 50%, these investments can multiply your gains. And the best part? It can do so without touching the crypto market directly.

I’m talking about bitcoin miners, if you haven’t guessed by now.

What Is Bitcoin Mining?

What is Bitcoin mining, you might ask?

So, Bitcoin the currency runs on the Bitcoin blockchain. The blockchain is a transformative technology that stores information. It’s transformative because the information stored on the blockchain is very, very difficult to change, hack, or manipulate. So, there’s no questioning the authenticity of the information on the blockchain.

Bitcoin mining is the process of validating the information on the blockchain by solving complex mathematical puzzles. When the math problem is solved, the miner gets rewarded with bitcoin. The company will then sell the bitcoin to generate revenue.

These Bitcoin “miners” are really just computers. So, we’re really talking about an expansive network of computers furiously working in the background to make Bitcoin exchanges possible.

For example, here’s a picture of a crypto data mining center in Alberta, Canada.

There’s a lot more to it, of course. But the key thing to know is that anytime you buy or sell Bitcoin, there’s a good chance a bitcoin miner’s computers made it possible.

How To Invest

Now, you might be surprised to learn that at least half a dozen crypto miners are available on public exchanges.

You can research them on your own — or check out one of the special reports available to Capital Wealth Letter subscribers that covers this very topic (where I’ve handpicked three favorites).

Of course, since these are sort of leveraged plays on the price of bitcoin, you can probably guess that these names can be quite volatile.

But if you do this correctly, you could supercharge your returns.

Just remember, do not bet the farm on this. Treat it like a speculative pick — not an investment. Make sure you know what you’re getting into, and don’t bet any more than you can afford to lose.

Editor’s Note: As I explain in my latest report, we now have a short window of time before crypto transforms our financial system. I’ve identified three coins that are set to unleash a new wave of wealth as crypto goes mainstream. Go here now for all the details.