The core reason why crypto regulation is taking so long and why there is probably still some time before we see any clear regulation or guidelines regarding it, is due to 4 key factors. It’s still new and not well understood. It’s a singular technology but has an extensive array of use cases. Up to […]
Over the past year some governments, and politicians have expressed that they are not exactly in love with crypto. Back in fall of 2021 Hillary Clinton opened up about her opinion of crypto saying “What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with them
For years other cryptocurrencies have directly followed Bitcoin chart movements, but a shift in the space is occurring. As the world of crypto and blockchain grows, projects are beginning to find their own feet and generate enough community backing to separate from the BTC trend. We saw it last year when Axie Infinity broke away
Ethereum is a high-risk investment in the current climate – Ethereum 2022 update For the majority of investors, cryptocurrency is seen as a high-risk investment entirely. Why is this? Two main reasons: Has no physical value, which leads to trouble understanding how the supply and tokenomics function reliably. An extension of this is that it’s
Is Ethereum a risky investment in the current climate? Ethereum 2022 Read More »
Fidelity Investments has just announced that it will be offering bitcoin as an option for investors to own in their 401k, this announcement marks it as the first retirement savings provider to offer crypto. Fidelity is the largest retirement plan provider, with over $11 trillion in assets under its administration. This new offering will allow the employees
Fidelity announces it will be offering bitcoin in its 401k plans Read More »
Have you ever heard the terms “minted” or “burned” thrown around in the crypto world but haven’t understood what they mean? We often hear “mint condition” in the physical asset world, but what does it mean with regards to crypto and what does burn mean? Both words are actions in crypto and have their useful
The Australian Financial Review has released information stating Cosmos Asset Management – a Sydney based investment company – is set to release its Bitcoin ETF on the Cboe Exchange on April 27th. This is the first ETF in Australia to list cryptocurrencies, with both shares of Bitcoin and Ethereum in the mix. A prediction of
Taxes and crypto are an uncharted territory for many. Without clearly defined laws or deep understanding of crypto from a government perspective, it can be very difficult to know how to approach tax season correctly. Taxable crypto actions First thing to take note of is what are generally deemed as taxable crypto actions. Receiving crypto
The crypto industry prioritizes the seamless process of swapping digital assets. On any centralized exchange, it’s as easy as selecting an amount of coins you already own, and trading it for an equivalent amount in any cryptocurrency you wish. With the thriving volume of customers on centralized exchanges and simplicity of use that allows the
Indonesian crypto project WSPP – Wolf Safe Poor People – is a poverty reduction based platform that launched in May 2021 on the Binance Smart Chain. The small project has garnered 157,699 holders so far, and is the first currency with a program and strategy to reduce world poverty. There are several ways that WSPP
This Indonesian crypto project aims to fight poverty: WSPP Breakdown Read More »
