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Top Six Tips When You Start Investing in Cryptocurrency

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The cryptocurrency market has been on fire this year and growing numbers of people are curious about how to start investing. It can be confusing if you don’t understand how it works. However, you can learn what you need to know and start out slowly. Whether you want to buy bitcoin or spread your investments between different cryptocurrencies, it is important to understand how it works. Continue reading to learn six tips when you start investing in cryptos.

1. Use a Crypto Wallet

When you buy crypto on an exchange, you can keep it there. However, crypto is mostly decentralized and uninsured; if someone hacks the exchange and takes your crypto, you won’t be able to recover it. You can use a digital crypto wallet or a hardware device to store your crypto investments. Once you buy Bitcoin or another crypto, send it to the wallet using its unique code.

Remember that if you lose your crypto wallet or you lose your passwords to access it, your crypto will be lost forever. Make sure that you keep it secure just as you would a wallet with paper money

2. Be Aware of Transaction Fees

When you buy, sell, or convert cryptocurrency, you will have transaction fees. The fee is usually a fraction of the amount of crypto you are using in the transaction, and it varies depending on the amount of congestion and the amount you are using. When bitcoin is moved, the transaction is added to the blockchain, where there is a ledger that keeps a record. These charges are a part of investing in crypto so you need to be prepared for them and factor them in.

3. You Will Pay Taxes on Your Gains

If you make money investing in cryptocurrency, you will have to pay taxes on your gains. You have to sell it for a profit to pay taxes and it is your responsibility to make sure that you report it. You need to know how much money you make or lose on your investments.

Trading cryptocurrency is still mostly unregulated, so most exchanges do not keep track of this information the way that banks or traditional brokerage firms do your traditional investments. Make sure that you report your gains to the CRA and keep good records so that you can calculate whether or not you owe income taxes at the end of the year.

4. Be Serious About Cyber Security

It is very important to treat your cryptocurrency accounts just as you would any sensitive financial information. Do not use passwords that are easy to figure out. You should make them unique and complex. If you have the option for two-factor authentication, you definitely want to enable it. If you use more than one exchange, make sure that you have different login information for each one. Throughout the year, change your password two or three times to make sure that they are impossible to figure out.

5. Be Aware That Cryptocurrency Is Not Insured

When you deposit money into a CDIC-insured Canadian bank, your money is safe if the bank fails. You never have to worry about what happens to the bank because you will get your money back. Crypto doesn’t work the same way. If the exchange or platform that you are using has a problem, such as being hacked or going under, you will lose anything that you have on the platform. This is why you should always move your crypto assets to your own personal digital or hardware wallet.

6. Start Out Slowly

When you watch different cryptos increase dramatically in one day, it can be tempting to invest a lot of your money in hopes of riding it up. However, you need to know that it can go back down as quickly as it went up. Crypto is still largely unregulated and quite volatile, and you should start off slowly.

You will want to diversify your holdings by choosing two or three different ones to start. Over time, you can add in other cryptos and increase how much you have invested. Take it slow while you are learning and never invest more than you can afford to lose. You can learn as you go and invest more when you have a better handle on the market.

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

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ChainOpera AI (COAI) Builds Product Momentum as Usage and Valuation Gap Widens

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ChainOpera AI is one of the more unusual stories in the decentralized AI space right now — a project with real, measurable traction that the market hasn’t fully priced in. COAI is currently trading around $0.36 with a 24-hour volume of $119 million, powering a decentralized AI stack that spans an agent super-app, a developer platform, a model and GPU layer, and an AI-native blockchain protocol. The numbers at the token level look modest. The numbers at the product level tell a different story.

A Platform With Genuine Adoption Behind It

At the time of its official platform launch in June 2025, ChainOpera’s AI Terminal had already surpassed one million daily active users and 150,000 paid users, with more than 1,000 AI agents submitted by community developers. Since then, the developer ecosystem has continued to expand.

The Agent Developer Platform has surpassed 100,000 developers creating and monetizing AI agents, a figure that is considerably higher than comparable projects in the same infrastructure category. That user base isn’t theoretical — it represents a functioning creator economy built around community-developed AI agents, with real revenue flowing through the BNB Chain ecosystem.

ChainOpera has also been actively expanding its AI Terminal with new agents for trading, market insight, and financial advice, and integrated Lit Protocol’s “Vincent” for non-custodial autonomous trading agents. The AI Trading Arena launched in May 2026 adds another functional layer to a platform that is clearly building toward a comprehensive AI agent marketplace rather than a single-use application.

The Foundation Has Been Buying

One signal that stands out from the noise is the behavior of the ChainOpera AI Foundation itself. The Foundation repurchased over 15 million COAI tokens for its strategic reserve — a move that drew attention from market observers as a signal of internal confidence in the ecosystem’s direction. Foundations that buy their own tokens in the open market are putting their treasury behind the thesis that the token is undervalued relative to what the platform is building.

On the derivatives side, futures open interest surged 77% in April 2026, signaling intense speculative interest and elevated leverage in the market. That kind of derivatives activity cuts both ways — it reflects genuine trader conviction but also raises the risk of a sharp deleveraging event if sentiment shifts.

The Valuation-to-Usage Disconnect

Trading at current levels, COAI carries a market cap of around $50 million with a fully diluted valuation near $264 million — a relatively modest figure for a project with user metrics that comparable AI-crypto projects with smaller adoption bases have been valued far higher for. That gap is either an opportunity or a warning sign, depending on what you believe comes next.

The supply structure is the variable most worth watching. Only around 18.8% of tokens were circulating at launch, and major unlocks for core team, advisors, and early backers are set to begin linearly after a one-year lockup — starting around late 2026. If platform adoption continues growing at its current pace and demand absorbs that incoming supply, the valuation gap could narrow considerably. If it doesn’t, the unlock pressure could weigh on price through the remainder of the year.

The system’s Proof-of-Intelligence mechanism verifies and accounts for contributions across compute, models, data, and agents — with COAI used for service access, resource coordination, contribution accounting, and governance, all sitting within a roadmap toward a fully AI-focused Layer-1 chain. The infrastructure is there. What ChainOpera needs now is for the market to catch up to what the platform has already built.

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Velvet Rally Accelerates As SpaceX IPO Fever Reaches Crypto Markets

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The Velvet (VELVET) chart tells a story that’s hard to ignore. After spending the better part of a year consolidating below $0.22, the token has exploded higher — surging over 300% since June 3 and briefly touching $1.10 before pulling back to trade around $0.87 at the time of writing. Looking at the daily chart, the move is near-vertical against months of flat price action, which makes the catalysts behind it worth examining closely.

Two announcements in quick succession appear to have done the repricing.

Trade.xyz Integration Opens the First Door

The rally’s starting gun was Velvet’s announced integration with Trade.xyz on June 3. The move is more significant than a typical partnership announcement — it represents a fundamental expansion of what the platform does. Rather than operating as a purely crypto-native tool, Velvet is now positioning itself as a single ecosystem where users can access crypto, stocks, commodities, research, and trade execution without jumping between separate applications.

That kind of multi-asset vision has been gaining traction as traders increasingly look for unified platforms that reduce friction. The breakout above the $0.20–$0.22 resistance zone — a level that had capped the price multiple times over the preceding months — came almost immediately after this announcement, suggesting the market considered it a genuine change in the project’s scope rather than a routine integration.

SpaceX IPO Mania Does the Rest

If the Trade.xyz integration lit the fuse, the pre-IPO announcement poured fuel on it. With SpaceX’s much-anticipated public debut increasingly on traders’ radar, Velvet announced that users can now access pre-IPO exposure to companies including SpaceX, OpenAI, and Anthropic — with leverage — directly on the platform.

That’s a compelling offer in the current environment. Pre-IPO access in traditional finance is generally reserved for institutional investors and high-net-worth individuals. The idea that retail crypto traders can get leveraged exposure to SpaceX before it officially lists is exactly the kind of narrative that spreads quickly across markets and drives speculative inflows at speed.

The timing of the price spike and the announcement aren’t coincidental.

Where Velvet Sits Now

Velvet has carved out a positioning that sits at the intersection of two of the most active narratives in markets right now: tokenized access to real-world assets and pre-IPO investing. Both themes have attracted serious capital in 2025 and 2026, and the combination of Trade.xyz’s multi-asset infrastructure with pre-IPO exposure to the most talked-about private companies gives the platform a differentiated pitch.

The chart, however, warrants some realism. A near-vertical move from under $0.15 to above $1.00 in a matter of days rarely holds without consolidation. The token has already pulled back from its peak, and whether it can establish the $0.20–$0.22 former resistance as a new support base will likely determine the near-term trajectory. A healthy retest of that zone after a move of this magnitude wouldn’t be unusual — and would arguably set a stronger foundation for any continuation.

For now, Velvet has the narrative, the announcements, and the chart to back the attention it’s receiving. Whether the momentum outlasts the initial excitement is the question traders are working through in real time.

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Monolythium Introduces Public Testnet After Full Protocol Reset

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Monolythium Foundation Introduces Public Testnet for Post-Quantum Rust/RISC-V Layer 1

Monolythium Foundation today introduced the public testnet for Monolythium, a rebuilt Layer 1 blockchain designed as settlement infrastructure for autonomous agents, post-quantum accounts, native markets, and operator-cluster infrastructure.

The launch follows a full protocol reset. On April 28, 2026, Monolythium decommissioned its predecessor Cosmos-based app-chain, including its earlier EVM-bridged surface, legacy test network, operator software, launchpad, and explorer. The project chose to rebuild the protocol around autonomous economic activity carried out by humans, companies, software agents, and online services on open settlement rails.

Monolythium’s position is that the next phase of blockchain infrastructure will not be defined only by wallets sending tokens. Software agents are beginning to request services, pay for APIs, buy compute, open escrow, negotiate terms, and act under delegated authority. That requires more than generic smart contracts. It requires identity, consent, spending policy, reputation, service discovery, native markets, and dispute resolution enforced below the application layer.

“Monolythium was not rebuilt to become a slightly faster version of an existing EVM chain,” said Nayiem Willems, founder of Monolythium. “The reset was about removing assumptions that would have limited the protocol later. If autonomous agents are going to hold identities, spend funds, pay service providers, open escrow, and build reputation across platforms, the settlement layer underneath them needs different primitives from day one.”

The rebuilt protocol is not EVM-compatible at execution. Existing Solidity contracts and EVM bytecode do not run natively on Monolythium. The execution layer is Rust-first and compiled to deterministic RISC-V artifacts, while common settlement functions are handled through native protocol modules instead of repeatedly redeployed application contracts.

Those native modules include asset standards, name registration, account policy, issuer attestations, service discovery, availability, reputation, escrow, bridge policy, spending limits, and a protocol-level spot central limit order book, or CLOB. The native CLOB is intended to provide shared spot-market infrastructure for token pairs, stablecoin pairs, compute, data, agent services, real-world assets, and other marketable resources without requiring every market to depend on a separate bespoke contract.

Monolythium deliberately excludes perpetual futures and margin trading from the base protocol. The market layer is designed around spot settlement rather than leveraged derivatives. The project’s view is that agents paying for services, buying compute, routing liquidity, or managing treasury balances need predictable markets and final settlement at the protocol layer.

Post-quantum cryptography is built into the protocol from the start. Monolythium uses ML-DSA-65 for account and consensus signatures. User accounts, operator identities, and consensus certificates are based on post-quantum signatures rather than classical elliptic-curve signatures. The reason is structural: if an account or autonomous agent accumulates reputation, consent history, commercial activity, and attestations over years, its key material becomes part of its economic identity. Monolythium is designed so that identity does not begin with a future migration problem.

At the consensus layer, Monolythium uses Starfish-C, a DAG-BFT design organized around vertices, waves, and anchors. Anchors serve as the user-facing finality unit for payments, orders, escrow updates, bridge routes, and agent actions.

Monolythium also uses operator clusters instead of treating a network operator as a single key controlled by one party. Operators join clusters, clusters admit operators, and infrastructure quality becomes visible through network tooling. The model is intended to make region, reliability, hardware profile, archive capability, oracle support, and other service tiers part of the operator market.

The public testnet also includes LythiumSeal, Monolythium’s encrypted mempool research track. LythiumSeal is designed to keep sealed transaction bodies opaque until ordering is locked, reducing the visibility that can enable front-running and transaction-order manipulation. It is live on testnet, open source, opt-in, and research-stage.

Monolythium mainnet has not launched. The current release is a public testnet intended for developers, operators, and researchers.

About Monolythium

Monolythium is a Rust/RISC-V-native Layer 1 blockchain designed as settlement infrastructure for the autonomous economy. The protocol combines post-quantum account and consensus signing, Starfish-C DAG-BFT consensus, native asset standards, a native spot CLOB, agent-commerce primitives, operator clusters, and hardened node infrastructure.

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