Crypto Tax Experts Answer Your Questions – March 2021
This year, tax payers are in luck. The federal tax deadline has been extended to May 17th in 2021. At this point,…
BNY Mellon’s Crypto Plans Offer Digital Currencies to Old-School Savers
BNY Mellon, America’s oldest and tenth largest bank, directly manages $2.2 trillion in assets. Will this oldest-of-old-school banks backing bitcoin finally pave the way for Boomer adoption?
Tesla Buys Bitcoin, Is Apple Far Behind?
Tesla buying bitcoin is big news. Even bigger news, though, is Apple’s perfect positioning to dominate the entire crypto marketplace by opening their own exchange and giving 507 million users worldwide access to cryptocurrencies via Apple Pay. Here’s our take…
Visa’s Crypto Banking Plan May Be What We’ve Been Waiting For
The world’s largest credit card company, with its 1.1 billion credit cards in circulation and its partnerships with 275 banks, has launched a crypto buying, trading and custody platform for partner banks. Thanks to Visa’s vast global reach and long-term relationships with banks, this could be the catalyst the cryptocurrency world has been waiting for…
Banks with Big Blockchain & Crypto Plans
Banks, traditionally conservative and risk-averse institutions, are increasingly getting involved in blockchain and digital currency transactions. Here are the latest three banks with big blockchain plans, and what their role in mainstreaming cryptocurrencies might mean for the future…
What Crypto Should Expect From the Biden Administration
We’ve all seen both DeFi and cryptocurrencies playing a larger and larger role in the world economy, and adoption increasing at institutional, personal and the policy levels. With the Biden administration, will we finally get the key officials the cryptocurrency world has been waiting for?
50% More Financial Planners Bought Crypto in 2020 (for Clients and Themselves)
A recent poll found huge increases in financial planners as well as their clients purchasing cryptocurrencies. While that’s a big deal, there’s even bigger news on widespread crypto access and adoption…
OCC to Banks: “You Can Use Blockchain for Payments”
The OCC finds blockchain to be on par with other widely-used electronic payments like SWIFT, ACH and FedWire, and even said blockchain payments could provide a more resilient system as the large number of nodes would limit tampering on the network. Has crypto finally come of age?
2020 Was the Best Year for Crypto (So Far)
In 2020 we’ve seen another spike in Bitcoin’s price, from under $5,000 when the pandemic lockdowns began to over $28,000 in December. Are we looking at a reprise of 2018’s cataclysmic crash? Or is this just the beginning?
2021 Bitcoin Predictions: Acceptance, Competition, and More of the Same
With a week left to the year, Bitcoin could still post some interesting moves before the fireworks start. CNBC’s expert crypto analyst James Ledbetter assesses Bitcoin’s outlook for 2021 and outlines 5 key trends we’ll want to keep an eye on in the year ahead…
Bitcoin Smashes $20K, Hits $23,000 – and Everyone Wants More
When price goes up, demand goes down – doesn’t it? Not this time. Here’s why Bitcoin and other cryptocurrencies enjoy insatiable demand even as prices surge…
Wall Street Crazy for Crypto
Institutional demand for cryptocurrencies has been growing for two years as big banks and brokers grow keener on crypto as a hedge against inflation or simply new asset class with huge potential upside. Here are the most monumental bullish developments on Wall Street so far…