CRYPTOCURRENCY

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Dec 14 2024CRIME

Crypto Trader's Tax Cheat Plan Unravels

Meet Frank III, an Austin, Texas man with a bitcoin investment side hustle. He started buying bitcoins in 2011 and really hit the jackpot in 2015 when he bought over a thousand. By 2017, he sold some and made a cool $3. 7 million, which he used to buy a new home in Utah. The problem? He didn't want

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Dec 13 2024BUSINESS

2025 Economic Agenda: Inflation, Taxes, Tariffs, and Crypto

As the clock strikes midnight on January 1, 2025, the incoming Trump administration is set to shake up the economic landscape. Inflation, which has been gradually decreasing, is still a major concern. The Federal Reserve has begun cutting interest rates, but the question remains: will inflation stic

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Dec 12 2024CRYPTO

Kraken Closes NFT Marketplace: What You Should Know

Kraken, a big US-based crypto exchange, decided to shut down its NFT marketplace after a couple of years. The announcement was made in late November, and users have until early next year to move their NFTs to a crypto wallet. Kraken said they're doing this to focus on new products and services. Sta

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Dec 11 2024BUSINESS

Eric Trump Promises Crypto Boom Under New President

Eric Trump jetted off to the United Arab Emirates to speak at a cryptocurrency conference. He excitedly shared that his family, including his father, the U. S. president-elect, intends to champion cryptocurrencies. This is a stark contrast to the initial promise made four years ago to keep business

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Dec 11 2024BUSINESS

Crypto Investing: What You Need to Know

Cryptocurrencies are hot right now, with many coins seeing a significant increase in value. However, investors should be cautious. Understanding how cryptocurrencies work is crucial before investing. Plus, you can invest in crypto without actually owning it. What are some key rules to keep in mind?

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Dec 10 2024FINANCE

Bitcoin ETFs Set a New Milestone, Topping Original Holder Satoshi Nakamoto

The popularity of Bitcoin exchange traded funds (ETFs) has soared to new heights, turning them into the largest holders of the leading cryptocurrency. Recently, these funds collectively surpassed $100 billion in assets under management. This achievement marks one of the quickest and most significant

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Dec 10 2024CRYPTO

The Crypto Race: Trump's Plan for America

Imagine if America became the global hub for cryptocurrencies. That's what Donald Trump, the soon-to-be president, has in mind. He wants the U. S. to lead the crypto world through investments and smart regulations. His son, Eric, shared this vision in an interview, pointing out that other countries

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Dec 06 2024CRYPTO

Bitcoin Hits $100, 000: What's the Big Deal?

Bitcoin, the top cryptocurrency, just crossed $100, 000. On December 5, it reached an all-time high of $103, 679, after starting at just a few bucks in 2011. Despite critics from big finance and economists, Bitcoin kept climbing. Now, with a new government that likes crypto, everyone's wondering: wh

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Dec 06 2024FINANCE

Bitcoin’s $100, 000 Milestone: A Trump-Powered Boost

Bitcoin has reached $100, 000 for the first time, driven by hopes for favorable regulations under President-elect Trump. The price jumped by 6. 1% on Thursday, exceeding $103, 800 and rising over 50% since Trump’s election victory in November. Trump nominated crypto advocate Paul Atkins to lead the

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Dec 05 2024CRYPTO

Bitcoin Hits $100K: Trump Takes Credit, Crypto Community Cheers

Bitcoin, the popular cryptocurrency, hit a new high of $100, 000 recently. President-elect Donald Trump was quick to claim credit for this surge, posting a congratulatory message on his social media platform. The rise in Bitcoin's price can be traced back to Trump's clear victory in the November ele

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