CURRENCY

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Dec 16 2024CRYPTO

Meme-Coins Hit Big, But Buyer Beware

Imagine this: A coin called Fartcoin has seen its value shoot up over a week to over $700 million! You might wonder, why is this happening? It’s all tied to a wave of investment in cryptocurrencies, like bitcoin, which has been pushed by Donald Trump’s victory. The crypto market is full of speculato

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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 2024CRYPTO

Crypto Crash: The Hawk Tuah Story

Recently, a young influencer named Hawk Tuah made a splash in the crypto world. She launched her own memecoin, $HAWK, on the Solana blockchain. In just hours, the coin shot up to a whopping 900% of its original value. That's like going from a few cents to almost $5, all in a day. This huge jump was

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