Tag: Financial News

The Current State of Cryptocurrency

The year for crypto investors worsened in June as the broad market’s rotation out of risky assets continued. Bitcoin, Ethereum, and other digital assets took a hit. Rising interest rates and concerns about the US economy have triggered a sell-off in various risk assets such as tech stocks, growth stocks, and cryptos in 2022. Many investors are worried that the… Read more →

Is Bitcoin Crashing?

Bitcoin has soared high in value and popularity, but this astonishing rise has also proven a double-edged sword. Its high potential value has created equal confidence in increased volatility. This makes it an excellent trading currency and a valuable currency for purchase but also causes wild fluctuations in price.   Recently, Bitcoin prices have faced significant dips; this led to… Read more →

2022 Stock Market Summary

As we round the end of the first quarter of the new year, we are already seeing the warning play out from many Wall Street firms that the market’s rally is over. While the economy still looks good, returns will moderate. After the initial boom from countries returning to more normal levels of operation in light of the weakening effects… Read more →

The Various Blockchain Technologies to Know

There has been a surge in the number of enterprises starting their blockchain technologies after the success of Bitcoin. By 2022, it is expected that 60% of CIOs will launch their blockchain projects. Although the technology behind the blockchain network is the same, the end product is driven by the expected user experience. There are four types of blockchain technologies… 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 →

5 Stocks to Consider for Early 2021

January 2021 will be known as a historical month for the stock market when retail investors were able to make stocks like AMC and GameStop fly. However, new and veteran investors should be thinking more about some of the more long-term stocks they could pick up. Consider purchasing some of these stocks in early 2021. Disney Disney had a bit… 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 →