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Nov 18 2024CRYPTO

China's Impact on Bitcoin: A Young Person's Guide

Bitcoin, created over a decade ago, has seen a surge in popularity. With this growth, it's caught the attention of various adversaries, and one of the most powerful is China. China has shown it can influence Bitcoin in a big way. Let's dive into how China might threaten Bitcoin's security, stability

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Nov 14 2024FINANCE

Bitcoin Boom: How to Stay Tax-Smart Before 2025

Bitcoin is hitting new highs, but crypto investors should keep an eye on something else: taxes. Starting in 2026, brokers will report crypto sales on Form 1099-DA, listing gross proceeds from 2025. By 2027, they'll include your original purchase price, known as the "basis. " This price is crucial be

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Nov 13 2024POLITICS

Bitcoin's Boom: Trump's Election Stirs Crypto Hope

Bitcoin hit a new record high late Monday, surging to $89, 623 as investors bet on Donald Trump's promise to ease up on crypto regulations. While the rally has temporarily paused, analysts predict bitcoin's value could hit $100, 000 by the end of 2024. Along with bitcoin, crypto exchanges and dogeco

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Nov 13 2024CRYPTO

Bitcoin Soars: Trump's Crypto Push Drives Market High

Bitcoin is approaching $90, 000, a new record high, as the crypto market surges beyond its pandemic peak. This surge comes after President-elect Donald Trump vowed to ease crypto regulations and strengthen US mining. The largest cryptocurrency, Bitcoin, has jumped 32% since the election, trading aro

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Nov 13 2024FINANCE

Why Bitcoin Prices Are Soaring After Trump's Win

Bitcoin, the world's largest cryptocurrency, hit a new record high of $87, 000 on Monday. This surge follows Donald Trump's presidential election victory. Analysts believe the incoming administration could be more friendly towards cryptocurrencies, leading to potential regulatory clarity and flexibi

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Nov 13 2024CRYPTO

NBA Stars and Crypto: A Winning Combo?

Bitcoin has hit a new high, reaching $88, 000. This digital currency craze has caught the attention of some NBA stars. Let's meet a few players who are investing and even getting paid in crypto. Spencer Dinwiddie, a Dallas Mavericks guard, made headlines in 2019. He turned his $34 million contract

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Nov 12 2024CRYPTO

Crypto Prices Jump as Trump Wins Election

Bitcoin and other cryptocurrencies saw big price increases after Donald Trump won the U. S. presidential election. Bitcoin hit a new high of over $88, 000, showing a 10% jump on Monday alone. This comes after an earlier 9% rise on Wednesday when early election results suggested Trump's win in both t

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Nov 12 2024FINANCE

Why Crypto Boomed After Trump's Win

Bitcoin hit a new record, topping $87, 000, after Donald Trump's election victory. Cryptocurrencies have rallied since then. Analysts say this is due to expectations of a more crypto-friendly administration. However, crypto is known for its volatility and risks. The election result surprised many.

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Nov 12 2024CRYPTO

Bitcoin's Big Boost: What's Next After Trump's Victory?

Bitcoin has been on a roll, jumping over $80, 000 after President-elect Trump's win. His promise to create a Bitcoin Strategic Reserve and support a friendly regulatory environment has given the crypto world a huge lift. Trump's plan to appoint a crypto-friendly council and potentially replace SEC C

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Nov 12 2024CRYPTO

Crypto Coins Soar After Trump's Win, Bitcoin Hits New Record

Bitcoin and other cryptocurrencies saw a significant surge on Monday, with Bitcoin reaching a new high of $84, 211. 50. This rally follows Donald Trump's recent election victory, which has sparked "euphoria" in the crypto market. Susannah Streeter, head of money and markets at Hargreaves Lansdown, a

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