Cryptocurrency Analysis and News Portal
In 2021, that blissful ignorance suddenly became impossible. We first saw this with the debate over the infrastructure bill, most importantly in the U.S. Senate, when the impositions of a contentious tax reporting provision for cryptocurrency sales had the ironic effect of demonstrating that crypto had arrived in Washington. The
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BusinessThe CEO discussed several ways the software company could produce income from the 122,478 bitcoin on its balance sheet. By Michael BellusciDec 17, 2021 at 7:43 p.m. UTCUpdated Dec 17, 2021 at 9:53 p.m. UTCMicroStrategy CEO Michael Saylor (Joe Raedle/Getty Images) Source
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Crypto has taken the world by storm. Apart from facilitating, safe, secure, and low-priced transactions, cryptocurrencies are also a lucrative and exciting asset for investors today. In our post on the 5 Benefits of Investing in Cryptocurrency, we highlighted how the notion of store value in crypto is slowly returning since
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Note, however, that NFTs and the underlying smart contract technology is still relatively new. As such, many of the applications providing the opportunities highlighted in this article are in their formative stage. In light of this, it is advisable to carry out due diligence and understand the risks involved before
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Zanzibar, a semi-autonomous territory in the United Republic of Tanzania, is reportedly exploring ways to regulate and adopt cryptocurrencies like Bitcoin (BTC).The government of Zanzibar is planning to conduct meetings with stakeholders like banks and ministries to discuss policies related to the cryptocurrency industry. Zanzibar Minister of State Mudrick Soraga
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Last year also saw a rise in sophisticated phishing attacks – fake emails used to deliver malware or dupe victims into handing over their crypto, passwords and personal information. In July 2020, Twitter was the target of such an attack, leading to a group of hackers gaining access to more
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Investment in cryptocurrencies is all the rage, and bitcoin is clearly the biggest – it has the largest market capitalization, the most infrastructure, the longest track record and is the most decentralized. In previous columns, I’ve stressed the conversations you, as an advisor, will need to have with clients, and
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On Wednesday, speaking at a meeting of the Exchequer Club — which is a group of senior economic and financial policy professionals headquartered in Washington, D.C. — Acting Comptroller of the Currency Michael Hsu delivered remarks on the topic of safeguarding trust in banking.In the speech, Hsu named reducing inequality, adapting to
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When you run a financial plan for clients, for instance, how often do you run a scenario of the U.S. dollar losing its reserve status? When do you run the consistent and accelerating devaluation of the U.S. dollar in a plan? Never? The facts are that bitcoin, even in a
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Whenever there's data out on futures contracts liquidation, many novice investors and analysts instinctively conclude that it's degenerate gamblers using high leverage or other risky instruments. There's no doubt that some derivatives exchanges are known for incentivizing retail trading to use excessive leverage, but that does not account for the
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