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Monthly Archives: September 2021

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Closing the Gap Between Crypto and Commerce

Closing the Gap Between Crypto and Commerce

NewsBy adminSeptember 30, 2021Leave a comment

A few things have always held true of the crypto market. One of them is that bridging the gap between traditional and decentralized finance is among the most important catalysts for the overall market. And there are two big announcements on that front…

For Crypto, Regulate Isn't a Synonym for Outlaw

For Crypto, “Regulate” Isn’t a Synonym for “Outlaw”

NewsBy GeorgeSeptember 23, 2021Leave a comment

We all followed the recent, fairly good-humored spat between Coinbase and the SEC. But some investors are worried. Is the SEC about to go full-on China and ban crypto? We think not…

Banks Must Adopt Blockchain, Or Become Obselete

Banks Must Adopt Blockchain, Or Become Obsolete

NewsBy adminSeptember 16, 2021Leave a comment

Blockchain isn’t going away, and world banks know it. So what’s the right way to respond? The Bank of International Settlements’ Benoît Cœuré lays down the law: central banks have to scramble, or they’re going to be left behind…

Bitcoin Volatility: Concerning for Investors, Fatal to Speculators

NewsBy adminSeptember 9, 2021Leave a comment

Well, we’ve officially moved beyond the point where not even a flash crash in the world’s top cryptocurrency sets off the prophecies of an imminent Cryptpocalypse. Bitcoin saw a sharp overnight plunge and a rapid recovery. While long-term investors mostly slept through it, it seems like over-leveraged latecomers got wiped out…

How Cardano Became the Number 3 Crypto

How Cardano Became the World’s #3 Cryptocurrency

NewsBy adminSeptember 2, 2021Leave a comment

Cardano roared seemingly out of nowhere, shouldered aside respected cryptos to snatch the #3 spot in the Crypto Top 10, and now has its sights set on poaching Ethereum’s DeFi customers. That’s such an outrageous plan it just might work…

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Important Tax Considerations:
BitIRA is not a legal or tax professional and does not provide legal or tax advice. It is BitIRA's understanding that Digital Currencies may be held in an individual retirement account, but if you have any questions regarding the legal rules applicable to individual retirement accounts, including which assets may be held in such an account, you should contact a legal or tax advisor. BitIRA makes no representation or warranty that purchasing Digital Currency for placement in an individual retirement account complies with government regulations or statutes or that current rules and statutes (or the interpretation of existing rules and statutes) will not change.

Important Investment Considerations:
In BitIRA's opinion, Digital Currencies are a highly speculative investment, and anyone considering purchasing Digital Currency should have the financial flexibility and resources, and the risk tolerance, to lose the entire investment. BitIRA does not offer any opinion as to which Digital Currency(ies) to purchase, in what amount, and for how long a customer should hold such Digital Currency. Nor does BitIRA offer any opinion as to what percentage, if any, of a customer's portfolio should be devoted to alternative and highly speculative investments like Digital Currency. Historical performance is no guarantee of future results. BitIRA does not guarantee or represent that anyone purchasing Digital Currency will make a profit.

BitIRA is not an investment specialist, tax specialist, financial planner (certified or otherwise), or retirement advisor, and BitIRA does not provide investment advice, tax advice, financial planning services, or retirement planning or retirement-specific advice. BitIRA facilitates the purchase of Digital Currency, nothing more, and charges a fee for the service it provides (based on the transaction value). No fiduciary relationship, broker dealer relationship, principal agent relationship or other special relationship exists between BitIRA and its customers.

Customers purchasing or liquidating Digital Currency make all investment decisions.

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