How to Pay Tax on Cryptocurrencies?

Cryptocurrency taxes are complex because they have been classified as property for federal income tax purposes. Secondly, they are classified as currency for certain state rules such as sales and capital gains taxes. In many countries, cryptocurrencies are taxable. Every country has its own set of rules, so double-check with a tax professional before deciding. […]

Security vs. Innovation: Confluence on How Crypto Adoption Can Play Out

If you have been observing the news and the industrial trends, you would agree that there won’t be a year without a new development in the cryptocurrency space. In a few years, we saw trends running from initial coin offerings (ICOs) to non-fungible tokens (NFTs). Despite the innovations taking place in the industry, crypto companies […]

What are Cryptocurrency Derivatives?

The crypto market is expanding rapidly, and while many people are still hesitant to enter the sector, there are several new trends in progress. Derivatives based on cryptocurrencies are one of these trends. These might be options or futures contracts on specific markets, such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), etc. Cryptocurrency derivatives have […]

4 Crypto Adoption Expectations to Play Out in 2022

There has been a lot of dramas in the crypto space in 2021. We are witnessing another year’s end where most cryptos have a firm ride on the bullish line. We witnessed different cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) reaching a new set of all-time highs. But there is an important question we […]

Patreon Advancing Crypto Opportunities for Content Creators

With the continuous global adoption of cryptocurrencies, it is agreeable that the digital currency space is expanding across every facet of the digital world. We witnessed the integration of crypto reward features on Twitter. Due to this development, online content creator platforms now actively seek ways to own their platform tokens. An instance is a […]

Venture Capital vs. Decentralization: How Venture Capital Should Evolve for Adoption

This year alone, we witnessed a genuine spike in the adoption of crypto-based systems across different industries. These kinds of systems include decentralized applications (DApp), decentralized finance (DeFi), non-fungible tokens (NFTs), which include digital arts, and crypto-based gaming. Likewise, we saw that cryptocurrencies become investment tools and consumers use them as a payment option. Another […]

Best Security Measures to Consider in Cryptocurrency Trading

Digital assets have become one of the prime targets for attackers. Malicious actors have found sophisticated ways to target users transacting in cryptocurrencies. It is therefore essential to implement the best security measures to protect your cryptocurrency funds. In this article, we look at some of the important security measures that users’ can deploy to […]

Squid Games Collapsed. How to Spot a Rug Pull-in Crypto

The crypto industry has been booming recently. More cryptocurrencies have emerged to solve the centralization problem the financing sector faces. However, some people are out to take advantage of the crypto popularity and naivety of some investors. Thus, the start-ups lure angel investors with enticing promises and schemes only to steal from them. Despite the […]

Emerging Blockchain Networks are Gaining Popularity

Over the years, the blockchain industry has significantly expanded. New networks to overcome the shortcomings of current blockchains are emerging. Ethereum has become a major inspiration for the emergence of these blockchains. The smart contract, consensus, scalability, and open-source features have been improved in the new networks. Examples include Cardano, Solana, Polkadot, and many more. […]

Stablecoin Regulations: Transparency as a Benchmark to Begin With

Stablecoins have gone on to establish their relevance in the crypto space. That’s because they have proven over time that market participants or traders can leverage stablecoins to preserve their portfolio capital and save them from the market’s volatility. However, critics believe that they are some gambles in disguise. Regardless of the nature of the […]

Defining the Metaverse: Decentralization or Digital Tyranny

Blockchain development and the innovations that follow its establishment have brought excitement and diverse leverage of decentralization in this digital era. Facebook’s announcement of rebranding to Meta caused another steer in the Metaverse space. Facebook boost to introduce a new to interact with others on the internet and navigate it. The most prominent social media […]

The Similarities and Differences Between Crypto and Forex Trading

Since the emergence of cryptocurrency, crypto trading has attracted comparisons with foreign exchange trading. A significant number of prospective traders have no idea of the difference between the two and which market to venture into. The duo is accredited as two of the most profitable markets despite their risky nature. Thus, they have attracted a […]

Best wallets to send crypto via Email or SMS

Cryptocurrency has taken the finance industry by storm, enabling users to send and receive instant payments using peer-to-peer (P2P) technology. Investing in cryptocurrency goes way beyond creating an account on an exchange, ranging from security to control. If you are interested in investing in crypto, you will need a wallet to store your tokens, send […]

Seven Cryptocurrency Trading Tools

Crypto trading is a profitable yet risky venture. What determines whether your venture in crypto becomes a success or a total flop lies in the trading tools you utilize. In this lesson, we will take you through some of the best crypto trading tools that are useful to beginners. Crypto wallets First of all, a […]

Top 5 Cryptocurrency Wallets to Store and Secure Your Crypto

With the widespread adoption of cryptocurrency, individuals seek genuine information that will help them make the right decision as they venture into the crypto world. As a beginner, the next thing to tick off your list of information acquisition would be determining the right wallet for you to use. That’s right. You cannot participate in […]

Bitcoin Best Monthly High Since 2020: 5 Indicators for Coming Week

Despite the Bitcoin (BTC) price ending with more than $60,000 for a new all-time high price recorded, market participants are worried about the sustainability of the increase or the disappointment that may come with a price drop. Time and predictions will change the narrative of a $100,000 BTC price hike or a dip around $50,000 […]

Game over for SQUID investors as the coin crashes from $2.8K to $0.01

Squid Game (SQUID), a relatively new crypto project inspired by Korean hit series on Netflix, has crashed in what is one of the most high-profile collapses in the crypto space this year. A report unveiled this news earlier today, noting that the coin surged as high as $2,861.80 on November 1 before collapsing to zero […]

What are play-to-earn NFT games?

Blockchain is a revolutionary technology that has applications in many industries including the gaming industry. By integrating blockchain-based NFTs into the traditional gaming industry, a new space called GameFi has emerged. Gaming enthusiasts can generate income by monetizing their game time and skills apart from playing for entertainment. By combining finance and gaming, NFT-based games […]

Regulatory Framework Impacts on DeFi Adoption

Decentralized finance (DeFi) is scaling up to become one of the most relevant sectors in the blockchain industry. This explosive growth makes DeFi witness a five-time increase in the total asset value locked in different DeFi platforms. It increased from $21,000,000,000 to $100,000,000,000 in a space of two years. Despite financial opportunities—such as DeFi’s lending […]

SHIB holds gains despite Elon Musk saying DOGE is the people’s crypto

Shiba Inu (SHIB), a Dogecoin (DOGE) offshoot, has, once again, made headlines after its bullish performance over the weekend. The canine-themed cryptocurrency surged past $0.00003 and traded higher than $0.00004, entering the top-15 list of leading cryptos by market capitalization. The coin has since held on to this position.  According to CoinMarketCap, SHIB’s ascent started […]