You may remember in 2021, El Salvador became the first country to make Bitcoin legal tender. Opinions on the matter ran up and down the spectrum of cryptocurrency sentiment. Anti-crypto advocates touted that this would spell the end of the country, while crypto bulls applauded the decision and hoped other countries would follow suit. Here…
It’s been nearly 15 years since Bitcoin came into existence, and people seem to forget its original purpose. While “crypto bros” go around hyping it as the future without fully understanding the underlying technology, and altcoins come and go, Bitcoin has remained a force in the currency market. It’s proven time and again its staying power,…
Before we begin to unravel what’s going on with the banking system and how it affects crypto, let us first quote Trezor Bitcoin analyst Josef Tětek through Cointelegraph: “Tětek said that the current banking crisis could potentially make Bitcoin emerge as a safe haven and risk-off asset. He emphasized that Bitcoin was created soon after the world…
Get this: a company that’s over $30 trillion in debt and whose ongoing deficit spending exceeds $1 trillion is launching a stablecoin. Well, that will never work, right? Not so fast, now. If the stablecoin in question has the full faith and credit of the United States behind it… Those are the words of Congressman…
It’s called a tax-advantaged account for a reason. But what are the tax advantages of a digital IRA for cryptocurrency investors? Well, filing tax reports on cryptocurrencies is obviously a messy business. Capital gains and losses between various altcoins might already be reason enough for any digital asset investor to want to consult a crypto…
