As we all well know, thanks to their growing popularity over the last years and while they gained tremendous traction and people realised their potential, cryptocurrencies are now included as a payment option on many online business platforms. Of all the forms of internet-based business, online casinos are one of the fastest cryptocurrency adapters, gaining, this way, the interest of…
Read More
Crypto sports betting is a simple concept: using cryptocurrencies (bitcoins, Ethereum, etc.) to place wagers on sporting events. This practice has been growing in popularity for the last several years and seems destined to keep gaining traction. This guide should serve as a helpful introduction for those unfamiliar with crypto sports betting. We’ll explain what crypto sports betting is, how…
Read More
Bitcoin finally broke above the critical $45,000 resistance level yesterday, a point that has proven extremely troublesome for the asset recently. The break facilitated a rally that helped Bitcoin reach a new yearly high above $48,000, a level it lost in the early hours of January 1st. The ongoing rally means Bitcoin has now enjoyed seven consecutive green candle days,…
Read More
No matter what asset class you are dealing with, you must pay attention to taxes. Cryptocurrencies and Non-Fungible Tokens (NFTs) are no exception. The challenge, however, is that newer asset classes sometimes come with laws that aren’t clearly defined. There are other variables to consider as well, including that cryptocurrencies and NFTs are taxed differently, and that your income will…
Read More
Regulation of the cryptocurrency industry has become the hot topic of this month as several new changes come into play. For the most part, governments are seeking favorable regulation of the cryptocurrency space, eager not to stifle their country’s innovation in the sector. However, governments also need to prioritize consumer safety, something we are now seeing most notably in the…
Read More
The major cryptocurrency exchange FTX, headed by 30-year-old Sam Bankman-Fried, has been awarded a virtual asset license in Dubai, United Arab Emirates (UAE). The news comes hot on the heels of reports that fellow crypto exchange Binance received a similar license with plans to move its headquarters to Dubai. Dubai is quickly becoming a global cryptocurrency center as the UAE…
Read More
The Russian invasion of Ukraine has highlighted how deeply imbedded cryptocurrencies have become in global politics. Millions of dollars worth of Bitcoin have been donated to support Ukraine since the invasion, helping to push the price of BTC back above $40,000 after a month of losses. After hitting $45k in early February, Bitcoin faced harsh resistance and collapsed throughout the…
Read More
Desperate Canadians are now looking to flee the country following the implementation of emergency financial surveillance laws that are locking people out of their own bank accounts. Fear has rippled across the nation as Prime Minister Justin Trudeau’s government imposes increasingly dictatorial laws to control the Canadian people and restrict freedoms. Following the heavy-handed enforcement of pandemic-related laws that many…
Read More
The US Justice Department (DoJ) recently seized almost 95,000 stolen Bitcoin worth approximately 3.6 billion dollars. The coins stem back to the 2016 hack of major crypto exchange BitFinex, a theft that has gone unsolved until now. In a bizarre tale of events, the authorities happened to discover the stolen Bitcoin when large portions of it were consolidated in a…
Read More
The nascent world of decentralized finance (DeFi) has until now been avoided by institutional investors because of its perceived lack of security. Due to the nature of a decentralized system, the provision of custody has been difficult since coins can’t be safeguarded in a traditionally centralized manner. Now, Cactus Custody, a new custodial solution powered by Matrixport, has become the…
Read More
By continuing to use the site, you agree to the use of cookies. more information
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.