Research Shows Teenagers Prefer Cryptos Over Gift Cards
By Sam Mitchell
A recent study by Piper Jaffray has revealed that most teenagers would prefer to be given Crypto and Fortnite V-bucks than gift cards. V-bucks are the digital assets used in Fortnite, a popular video game among teenagers. Although the "baby boomers" could help in boosting Crypto investment, only less than 2.5 percent of those in this category have interest in the Crypto according to a recent study. Cryptos Top...
Crypto Accounting for CPAs
By Sam Mitchell
Being a qualified accountant doesn’t necessarily mean that you are great at managing crypto assets. The truth is that crypto accounting needs an entire set of evolving skills and knowledge. It’s unlike the typical CPA, you know. You will find that even if you toe the legal line, without crypto expertise, CPA alone won’t help maximize your crypto investments. . To an accountant who’s new in the crypto world, this...
Deliverable Futures Commence Trading
By Sam Mitchell
Futures contracts by the Intercontinental Exchange Inc. debuted on Monday. It marks a new chapter in bitcoin’s history. The result of the first federal regulation in trading bitcoin could convince conservative investors who had chosen to remain in the sidelines. It also could encourage efforts to create a market structure for professionals. James Putra, head of product strategy at Trade Station Crypto calls the move to centralize and scale the...
McAfee Stubborn On $1 Million Per BTC By 2021
By Sam Mitchell
John McAfee, founder of McAfee antivirus software and one of the biggest cryptocurrency enthusiasts, predicts that bitcoin price will reach $1 million by end of 2020. His public assessment is no surprise. McAfee’s unreserved opinions on matters cryptocurrency and politics make him no stranger to controversy. It’s not the first time he has shared insane bitcoin price predictions. Back in mid-2017, McAfee said that bitcoin would be worth half a...
We Are At The Beginning Of The Beginning Of Cryptocurrency- Binance CEO
By Sam Mitchell
According to Changpeng Zhao, Bitcoin revolution is still in its early stages. The billionaire was responding to a tweet his follower when he remarked that the revolution is at ‘the beginning of the beginning’. The message was received well by a huge number of followers who are concerned that they might have missed the cryptocurrency boat. Zhao revealed that he recalled regretting that he hadn’t joined the crypto bandwagon in...
Marketing Your IEO
By Sam Mitchell
Initial Coin Offerings (ICOs) have fallen out of favor with crypto investors. The perceived and inherent risk of investing in ICOs and the high chances of being defrauded have discouraged potential investors. Some reports say that over 70% of ICOs in 2017 were fraudulent. But that’s in the past now, a new form of crypto crowdfunding has emerged. This piece is about a new kind of offering known as Initial...
Celebrities Totally Into Bitcoin
By Sam Mitchell
Bitcoin used to be synonymous with the black market purchase of illegal goods. But now celebrities have joined the crypto craze. We explore some of the celebrities who have joined the crypto bandwagon or shown interest in the new wave of digital money. Kanye West Besides suing a crypto project for trademark infringement, Yeezy himself has taken an interest in bitcoin. The prolific rapper, artist, and producer spoke of bitcoin, although...
Cryptocurrency Boost Remittance
By Sam Mitchell
Cryptocurrencies are known for enabling people to send funds in a faster and cheaper way than fiat currencies. This efficiency is what is making many Crypto enthusiasts believe that more people will be getting into the sector in the near future. Although those who use the virtual currencies are aware of their potential, it is a recent study that has revealed how new coins are driving remittance. Traditional Financial Institutions...
Facts On Bitcoin Gambling
By Sam Mitchell
Bitcoin gambling is becoming more popular by the day. Online gamblers are finding digital currency more convenient for their online gambling activities. The online gambling market, on the other hand, has been positively influenced by digital currency and has been made more advanced and innovative. Fast and easy withdrawals and verified and tracked payments have greatly improved and popularized the online gambling experience. There is a growing number of brands...
Bitcoin Predicted To Surge 60 Times In 5 Years
By Sam Mitchell
If you have been in the Crypto market this year, then you know that it has been horrific. Currently, the currency was 80% short of what it was in December 2017 when it reached its peak of $19,000. And just when you thought Thanksgiving would be any better, it plunged 40% of its dollar value in only four days. But these shortcomings are yet to shake the Crypto’s biggest supporters....
How BTC Could Reach New Highs
By Sam Mitchell
The last couple of weeks have seen bitcoin gain momentum. BTC price has been rising since the currency registered its first positive month in February. A few corrections latter and the price started rising steadily. After hitting the $10,000 mark, it was clearly evident, bitcoin was heading for a bull run. And for a moment, bitcoin enthusiasts thought it was going to go all the way. But that was not...
Is America Wary Of China’s Crypto Mining Supremacy?
By Sam Mitchell
China is the undisputed global leader in Cryptocurrency mining especially Bitcoin. This gives the country a significant influence on companies in other countries such as the U.S. given that Bitcoin is the most popular altcoin. President Donald Trump’s government is now concerned and seems to rush to introduce some changes to alter the game. Bitcoin Mining In China When it comes to Bitcoin mining, no other country rivals China, which...
Ethereum Is Approaching Its Decentralization
By Sam Mitchell
Looking at it from a scarcity to an abundance point of view, the Ethereum blockchain technology is set to drive a monumental and great shift in the society. Those were the words spoken by Joseph Lubin, who is one of the co-founders of Ethereum. He said these words at the Web Summit that was held in Lisbon, Portugal last week. The Theory Of Blockchain Impact Lubin has a theoretical way of...
Top Crypto Performers Of The Week
By Sam Mitchell
According to Binance research, bitcoin has rallied alongside other crypto assets considered safe havens. Bitcoin is slowly gaining acceptance as a hedge against political issues and monetary easing by banks. Bitwise, in a letter to investors explained that all the attention brought by Libra coin has forwarded the public discourse on crypto by two to three years. But not all the attention has been positive, although the involvement by regulators...
Ripple Fundamentals
By Sam Mitchell
What many people don’t know is that ripple is not just a currency but a platform as well. Ripple’s protocol is open sourced and is designed for faster and cheaper transactions. Ripple might one day rule international transactions, who knows? Because currency exchanges might soon disappear like Blockbuster stores. The platform also has its own currency (XRP) and it allows anybody to use the platform to create their own via...
All You Need To Know About Crypto Taxes
By Sam Mitchell
Crypto taxes are not as straightforward as you think. There are certain provisions in the new crypto tax law that makes taxing of crypto not exactly a walk in the park. Besides that, the Internal Revenue Service is not clear about certain provisions within the same crypto tax law. Ultimately the burden lies on the taxpayer. The taxpayer has to revise all crypto trades made, compile all the necessary information...
HITBTC Freezes User Accounts
By Sam Mitchell
Multiple sources announce that Crypto exchange HitBTC has had its customers’ accounts frozen ahead of the annual proof of keys event. The Annual Poof Of Keys Event fast Approaching HitBTC officially responded to a complaint that was posted on Reddit. The user had accused the crypto exchange of suspending his requests to withdrawal funds. PEDXS said that he had gone through the KYC processes and had passed a process that...
Origins Of Bitcoin
By Sam Mitchell
Bitcoin is perhaps not only the largest Cryptocurrency in terms of market cap but also the most popular. It has been around since 2009 making it the oldest virtual currency. The coin has revolutionized the banking sector enabling people to send and receive cash from almost anywhere without the need for intermediaries. Bitcoin has undergone significant highs and lows in the last decade. Currently, the coin has been through...
The Nostalgic Roller Coaster Ride On Bitcoin
By Sam Mitchell
Investing in the world’s most popular cryptocurrency is like buying a roller coaster ticket. Investors are experiencing nostalgia emanating from a series of drastic price changes. Some turns are good but not all. The difference being, this is not an amusement park, money is at stake. So, if investing in bitcoin is in your plans, then you will need to learn a few tricks and tips on how to manage...
Bitcoin And Libra; The Differences
By Sam Mitchell
Congress recently has developed an interest on Libra- the new digital currency. Policymakers and the media have been quite inquisitive about Libra and its comparisons to bitcoin and other cryptocurrencies. Different Projects, Different Challenges First of all, bitcoin and Libra are quite different projects using different technologies. It is natural for such different projects to experience different challenges and legal hurdles. That’s why it’s essential for policy makers to understand...
Latest Crypto News
April 17, 2024
This Crypto’s Stunning Rally: 12% Boost Post-Champions League Victory—Is the Trend Reversing?
Paris Saint-Germain’s Token Skyrockets Following Triumph Over Barcelona. In a remarkable intertwining of cryptocurrency with sports, the $PSG token—Paris Saint-Germain’s own crypto—witnessed a dramatic 12% rise in value following their […]
March 17, 2023
NFTs in the Adult Industry
What are the NFTs? Before diving into the topic of NFTs (Non-Fungible Tokens) in the adult niche, it’s essential to understand what NFTs are and how they work. NFTs are […]
October 14, 2019
Going on 2020, What Crypto And Blockchain Investors Have To Know
The markets have revealed a lot in 2019. We now have to use some of those insights coming into 2020. Considering what happened in 2018, 2019 wasn’t such a bad […]