Tag Archives: cryptocurrency

The world of cryptocurrencies has never been short of dramatic twists and turns, and the recent events surrounding Bitcoin are a testament to this volatility. In a matter of days, Bitcoin’s price experienced a significant tumble, sending shockwaves throughout the cryptocurrency market. SpaceX’s Influence? The calm that had seemingly settled …

As crypto and digital currencies become more common in the real world, more rules and regulations need to be implemented to stop “bad” people from using these currencies for doing bad stuff. Governing bodies across the world have been struggling to catch up with the new and innovative ways criminals …

There is a tremendous amount of similarity among cryptocurrency ETFs, funds and trusts and in their stock performances so, after analyzing each, we have come up with 2 ETFs that consistently outperform all the others and delve into the reasons why.

Bitcoin and other cryptos are taxable assets. While taxation laws are different in different countries, the UK has a very rigorous tax regime.

Non-fungible Tokens (NFTs) recorded a trading volume of $10.67 billion in the third quarter of 2021. The majority of this growth came in August, showing $5.2 billion in trading volume followed by $4 billion in September.

Cryptocurrency regulations are still unclear in many countries. However, it must be noted that countries across the globe are embracing blockchain and crypto technology.

Bitcoin (BTC) is on a bull run after it regained the $50,000 mark on October 6, 2021. As of writing this, Bitcoin is trading above $60,000, according to CoinMarketCap. If this trend continues, BTC is expected to hit $100,000 in the next few months.

Ethereum reached a record US$4,350 before falling to under US$2,000, however, recently has been trading above US$4,000, closing on October 29, 2021 above US$4,400.

Celsius Network, a UK-based cryptocurrency lender, has been under U.S. regulators' scrutiny in states like Alabama, Texas, Kentucky, and New Jersey for its high interest-bearing accounts. Despite this legislative resistance, Caisse de dépôt et placement du Québec (CDPQ) and WestCap have invested $400 million in Celsius Network.

A new trend showing small companies investing in mining equipment provides an optimistic future for Bitcoin and other cryptocurrencies.