Jeffrey Taylor, Author at

About: Jeffrey

Jeffrey Taylor is a retired mechanical engineer who has an interest in all things financial, including emerging markets and cryptocurrencies.

Articles by Jeffrey Taylor

Coinbase Shares Soar 10% In BlackRock Crypto Deal

Shares of Coinbase soared Thursday after the crypto exchange announced a partnership with BlackRock. A partnership that will allow its institutional clients to buy bitcoin. Coinbase shares rose 10%. Earlier in the day they jumped as much as about 40%.  Services in the company’s Prime offering will be available to clients of BlackRock’s portfolio management. […]

Will This Crypto Comeback Last?

It has been an absolutely brutal year for investors in bitcoin and other cryptocurrencies. Those who use TD Ameritrade and plus500 as their bots, were also burned. Bitcoin has lost more than half its value in 2022. Now hovering around $23,000, the price of a single bitcoin has plunged more than 65% below last year’s […]

21 Jul 2022
Bitcoin And Crypto Market Rattled By A $2 Trillion Free-fall

What started this year in crypto markets – especially Bitcoin – as a “risk-off” bout of selling fueled by a Federal Reserve suddenly determined to rein in excesses has exposed a web of interconnectedness that looks a little like the tangle of derivatives that brought down the global financial system in 2008.  The Collapse Of […]

28 Jun 2022
Indian Government Insists On 1 TDS On Virtual Assets

Earlier in this year, the government of India put in place a new regulation that provides about 30% tax returns on all cryptocurrency activities and 0.1% Tax Deduction at Source (TDS). However, in the early days of the week, the website on which the tax deduction was to be implemented, crashed. This led to a […]

10 Jun 2022
JP Morgan Supports Bitcoin Over Real Estate

A major US investment bank has revealed it is replacing real estate with cryptocurrency as its preferred alternative asset. JPMorgan has claimed bitcoin is massively undervalued right now, following a shocking few weeks for the cryptocurrency, with the banking giant saying its fair price is 28 per cent higher than its current level. The current […]

31 May 2022