Tag: Cryptocurrency

Cryptocurrency Scams to Watch Out For

People should watch out for these four cryptocurrency scams.   Fake websites   Investors buy bitcoin by using a cryptocurrency exchange. There are scammers out there who try to replicate these websites as much as possible. They create imposter websites with the same colors and fonts. The website address may just be one letter off from the original. Scammers collect… Read more →

How to Cut Crypto Taxes

The following are nine ways you can use to cut crypto taxes in some situations:   Hold Gains Longer: Holding short-term gains until they turn into long-term gains might be one technique you can use. Capital gains rates change based on the length you hold a particular cryptocurrency. Patience can pay off if you hold crypto for a minimum of… Read more →

2021’s Fastest Growing Cryptocurrencies

2021’s Fastest Growing Cryptocurrencies The cryptocurrency space is fast-changing, and gigantic players like Bitcoin are slowly losing their strong industry grip. In 2021, several small cryptocurrencies have risen the ladder, while several bigger cryptos have lost their traction. Any investor thinking of adding cryptocurrencies to their portfolio must know the following fast-growing cryptocurrencies:   Dogecoin Dogecoin is a 2013-born cryptocurrency… Read more →

Crypto Telegram Channels to Explore

One of the best places to get useful crypto trading signals is at Telegram. Exploring new crypto telegram channels is a great way to connect. The world of cryptocurrencies is expanding. Keeping in touch with those who are in the know is more important today than ever. For those looking to connect with crypto-savvy others, a telegram channel may be… Read more →

Bitcoin for Beginners

Words like “Bitcoin” and “blockchain” are repeated daily in several stories in both the daily financial and internet news, not to mention in several social media discussions by news and business personalities. For the average consumer, the terms can be easily conflated or confused, especially as most mentions in the media are about the current value trends of Bitcoin or… Read more →

Creating Your Own NFT

Non-fungible tokens or NFTs are unique tokens that grant ownership rights over digital art, JPEGs, or videos. NFTs are minted on blockchains, which means they are recorded on the same digital ledger as the namesake currency but are separate from the fungible tokens that many investors are familiar with, like Ethereum. With news outlets running stories of newly made NFT… Read more →

Bitcoin’s Widespread Adoption

Bitcoin is everywhere. At least it seems that way. Anyone who’s paid any attention to financial markets during the past year has probably felt bombarded by bitcoin. There’s been a constant flood of articles explaining what it, predicting how high (or how low) its price will go, or offering other commentary about its future. Of course, bitcoin’s been around for… Read more →

The Rise and Fall of Facebook Libra

Facebook Libra has been in the news a lot lately. This cryptocurrency was envisioned as a so-called stablecoin. Libra was designed carefully to avoid the huge fluctuations faced by cryptocurrencies like Bitcoin. The plan was to offer a more stable currency, backed by stable securities. Sponsors like Visa, Mastercard, and Paypal seemed just about ready to get on board with… Read more →