July | Newsletter

Hello,

here comes the July newsletter with a portion of market news and a few bites about our newest products.

A recent survey by the Nakamoto Project found that gold is held by 10.8% of adult Americans. What is interesting, though, is that Bitcoin is held by 18.6% of Americans, that is 49.6 million people. Given gold’s history in the country, which we cover below, the shift toward Bitcoin makes sense 😉

Share of all US adults

100% of US adults

₿ Bitcoin

18.6% · 49.6M

Gold

10.8%

Source: Gold vs Bitcoin, FXEmpire.

📈 Market

Bitcoin in Kazakhstan’s national reserve

Kazakhstan is starting to build a national Bitcoin reserve. Instead of buying, it relies on miners, and a new law aims to motivate them to mine and channel part of the mined BTC into the national reserve. In exchange for a preferential 10-year contract on cheaper energy, Kazakhstan claims roughly 10% of the mined bitcoins after costs. Read more.

Major companies support Bitcoin development

Wall Street giants want to help Bitcoin defend against quantum computers. BlackRock, Coinbase, Strategy, Fidelity, ARK Invest, Block, Blockstream, Galaxy and Anchorage Digital have agreed on a 15 million dollar donation to the nonprofit Brink, which has long funded Bitcoin Core developers. Read more.

Bitcoin in Telegram

The founder and CEO of the popular messaging app Telegram, Pavel Durov, announced that later this summer he will let users hold Bitcoin through a self-custody wallet integrated in the app and designed for easy transfers between users. An app with one billion users could significantly accelerate further Bitcoin adoption. Read more.

Bitcoin price trends in July

📱 What’s new in the app

We introduced BankID

Photographing documents and selfies is a thing of the past. With the new BankID feature you can verify yourself in the Invity app in a few seconds. The feature is available only to our clients in the Czech Republic. Read more on our blog.

Animated portfolio value

When your total portfolio value changes on the dashboard after a transaction, the number no longer jumps straight to the new value. It rolls over smoothly instead, so the change feels smoother.

💪 How to accumulate Bitcoin efficiently

The following figures are based on models of Bitcoin’s price development from 2020 to 2026.

Our Auto Buy strategy (DCA) has historically returned 154% on an investment of 50 euros per week.

What if more is possible? Turbo Buy has returned 199.3%, adding 60% extra buying power to every DCA buy.

Modelled return · €50/week · 2020–2026

Auto Buy 154%

Turbo Buy · +60% buying power 199.3%

Disclaimer: Historical and modelled data do not guarantee future results. The value of crypto-assets can fall as well as rise and you may lose your entire investment. See our Terms of Service.

🎓 Edu corner

Gold outlawed

For most investors gold is a safe haven. But did you know that from 1933 private ownership of gold in the US was a crime? President Roosevelt’s legendary executive order of April 1933 ordered all Americans to sell it to the state. Continuing to hold gold meant risking prison or a huge fine, and that lasted until 1973. No wonder a new generation in the US is reaching for an asset that is unconfiscatable, free, intangible and almost untraceable.

Bitcoin brought advantages that gold cannot offer, above all thanks to its intangible form. If you want to learn more about this chapter of money, we offer summer reading in the form of our book Broken Money & the Way Out.

🎬 Social media picks

A few recent moments worth a watch.

The value of crypto-assets may fluctuate. Investing in crypto-assets carries a risk of loss.