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Currency

The 2023 Guide to the Taxation of Crypto Assets

28 Mar 2023 @ 09:47
Although the taxation of cryptocurrencies could be complicated, the key principle is yet simple. The following aspects of crypto transactions are taxable: sales of crypto, trading of crypto, purchases through the use of crypto, and rewards from staking and airdrops. On the other hand, following are not taxable: buying crypto, donating made through crypto, and […]
 

The Collapse of Banking Institutions Over the Years

22 Mar 2023 @ 18:05
The failure or collapse of banking systems due to financial crisis strikes a high degree of astonishment and dread in the hearts of key players in the market. A good example to illustrate this point is the recent failure of the Silicon Valley Bank and the current anxiety surrounding US smaller banks. New gamers may […]
 

Brief Narratives of BTCUSD Bear Markets

21 Mar 2023 @ 08:18
In the bid to review past Bitcoin’s bear markets, we shall look at what occurred with the king coin in the past years of the economic storm in the crypto market. Three main factors make investing in technology difficult. The first one among them is what is referred to as “the accelerator’s dilemma.” This notion […]
 

The Condition of the Central Bank Digital Currencies (CBDCs) in the First Quarter of 2023

12 Mar 2023 @ 05:13
CBDCs refer to the type of digital currencies that are issued and backed by the central bank of a particular nation. Unlike cryptocurrencies, which are decentralized and operate independently of an apex bank, CBDCs are centrally issued and centrally managed. Information from the Atlantic Council’s tracker on CBDCs states thus: “114 countries are exploring CBDCs. […]
 

Top Five Bitcoin Misconceptions

08 Mar 2023 @ 07:34
As more and more people began to accept Bitcoin as part of their daily economy and an important part of society, some false beliefs about crypto began to gain ground among the people. We shall take a look at some of the Bitcoin myths and also make some clarifications about them. Some Believe That Bitcoin […]
 

Money-Making Strategies From Stablecoins in 2023

07 Mar 2023 @ 09:16
To most investors, stablecoins are considered boring because they are designed to maintain a stable value in relation to a specific traditional currency. Although they are also a kind of cryptocurrency, they are not subjected to the volatility of the crypto market. Investors used them primarily for their stability and predictability. Apart from the fact […]
 

Top platforms for DeFi Lending

02 Mar 2023 @ 12:24
Aave (AAVE): Aave (AAVE) is a decentralized, open-source platform for lending and borrowing cryptocurrencies and other digital assets. On this platform, investors can obtain digital asset loans with variable interest rates. They can also deposit their digital assets to earn interest. The Aave platform has various mouthwatering offers such as flash loans that must be […]
 

Top Cryptocurrency Debit Cards In the Year 2023

14 Feb 2023 @ 04:59
Crypto Debit Cards function like regular debit cards; they act as a bridge between your everyday needs in the real world and your crypto assets. A crypto-debit card, in essence, connects your crypto wallet to activities in the regular, everyday business world. It is quite similar to the way you use your regular bank debit […]
 

Bitcoin (BTC) Credit Card

07 Feb 2023 @ 18:28
Gemini Cryptocurrency Credit Card This is a leading crypto exchange that provides a cryptocurrency credit card for users. Gemini allows users to spend their cryptos anywhere around the globe. Users can use their crypto credit cards like normal credit or debit cards. This crypto exchange offers this service for more than fifty cryptocurrencies, and the […]
 

Blockchain Stocks: Another Opportunity for Investment in the Blockchain Industry

31 Jan 2023 @ 03:35
Apart from blockchain investments that involve digital currencies, cryptocurrencies, NFTs, and others, blockchain stock is another opportunity to make money in the industry. This type of investment entails buying the stock of tech companies that are making massive investments in the blockchain space. In today’s article, we will take a look at some of the […]
 
 
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