WINk’s low-cost yield farming offerings are attracting retail DeFi investors who have been priced out of Uniswap due to high Ethereum gas costs. Decentralized finance has exploded in popularity over the past year and many analysts have pointed to the 2020 ‘summer of DeFi’ as the primary catalyst for the rallies seen in Ether (ETH) and …
Continue reading “WINk (WIN) soars as retail DeFi investors flee high Etheruem gas costs”
Cryptocurrency exchange tokens have seen major gains, but has this changed their original use case to become a good investment for hodlers? Native exchange tokens have exploded in value in recent months, alongside the wider cryptocurrency markets, changing the narrative for what these tokens were originally meant for. Bitcoin (BTC), Ether (ETH) and other cryptocurrencies …
Continue reading “Rise of the exchange token: From utility coin to long-term investment?”
A number of factors indicate that the present is a beneficial time for eToro to go public, according to the company’s CEO. Over the course of 2020, eToro sized up significantly, as Assia explained: “We’ve grown more than 147% year-over-year revenues,” he noted. This year rolled in with mainstream and crypto bull markets in full …
Continue reading “eToro going public: CEO Yoni Assia reveals key details behind the move”
Is Bitcoin’s macro upward journey over? PlanB says no. Bitcoin’s price seems to have stalled below $60,000 after attaining new all-time highs earlier in March. PlanB, a crypto analyst active on Twitter, thinks Bitcoin (BTC) may still have a lot of room to gallup however. “IMO we are only ~4 months into the bull market …
Continue reading “Stock-to-flow creator doesn’t think Bitcoin’s bull market is done”
A Stake.com review shows that quite a number of Bitcoin betters are using their games and books to make a decent amount of winnings — but what about taxes on such things? If you’re a Bitcoin better, do you need to worry about taxes? Like most things regarding taxes and financial transactions, it all depends …
Continue reading “Bitcoin Betting and Crypto Taxation in the EU and Around the World”
With the recent sale of a .jpg by digital artist Beeple in a Christie’s auction for $69 million, NFTs have suddenly jumped into the mainstream in a big way. Here’s a history to better put Beeple’s jackpot in context and to help understand where it might go from here. Cryptocollectibles or non-fungible tokens (NFT) are …
Continue reading “NFTs Are on the Rise Again: The Growing Appeal of Crypto Collectibles”
As the cryptocurrency market matures, investors are seeking out new ways to invest in Bitcoin and cryptocurrency. Contracts for Difference (CFDs) provide one option. What Is Bitcoin? Bitcoin is a cryptocurrency—a digital currency powered by a decentralized network of node operators. It was invented in 2008 by Satoshi Nakamoto, and over the past decade, countless …
Continue reading “What are Bitcoin CFDs? A Guide to Crypto Contracts for Difference”
BTC BTC Price Index Bitcoin continued its rebound from the pullback into March as the coin traded above the $60,000 level for the first time. Bitcoin got a further boost last week after the US government finally approved the second stimulus package. The move will see $1,400 stimulus checks being sent out to the …
Continue reading “Bitcoin Passes $60,000 for First Time, NFT Tokens Soar, BCH, MANA, WAX, Mar. 15”
Before you start buying bitcoin, you will need a place in which to store them. In other words, you will need a bitcoin wallet. Generally speaking, there are three main types of wallets: electronic wallets (software-, online- or cloud-based), hardware wallets and paper wallets. Keep in mind that your bitcoin wallet only holds your private …
As all of you are probably aware by now, mining is one of the pillars of cryptocurrency trading. You’ve also probably already heard of Bitcoin, the cryptocurrency that introduced blockchain technology and this kind of mining in 2009. It might be the most famous one, but it is certainly not the only cryptocurrency produced and …
With thousands of bitcoin transactions per day, bitcoin can no longer be unjustly dismissed as a speculative fringe fad which only attracts geeks and gamblers. Considering all the attention this cryptocurrency has been getting from mainstream media and serious investors, it is disconcerting that the majority of these reports don’t contain even the most basic …
Big news from Coinbase! Although the exchange did not actually make a big deal out of it, the addition of this new feature is certainly something we absolutely need to write about. That’s just the way company behaves lately – they are quiet but very efficient. Surely, this will cement their place as the number …
Benjamin Reynolds stands as the mastermind behind one of the biggest Bitcoin Ponzi schemes out there. While the man hasn’t been located yet, the US Commodity Futures Trading Commission (CFTC) has enacted a default judgment against him. He will be mandated to pay a fine of $572 million in restitution and penalty after a federal …
Continue reading “Control-Finance Scam Mastermind Hit With $570M Fine By CFTC”
HM Revenue & Customs stands as the tax authority for the UK, and is set to publish a new set of guidelines when it comes to taxation on cryptocurrencies. This is scheduled to take place, come next week. In particular, it’s due on the 30th of March, 2021. Aiming For A Crypto Manual This update …
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Governor Andy Beshear of the US state of Kentucky signed off on a new pair of laws. These laws will see the energy-rich commonwealth offer crypto miners tax breaks should they operate within the state, with the law itself being signed into effect on Thursday. Tax Exemption For Crypto Miners The new legislation, Senate Bill …
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