Cryptocurrencies
Author: Jeffrey Taylor
Last Updated: 4 August 2022
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. […]
Author: Michael Stern
Last Updated: 28 July 2022
If your crypto investments see some extra volatility this week, you can thank the Federal Reserve. That’s because the Federal Reserve just announced another big rate increase as it continues its effort to squash stubborn inflation. The Fed raised interest rates by 0.75% on Wednesday, the fourth consecutive increase since the start of the year. […]
Author: Jeffrey Taylor
Last Updated: 21 July 2022
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 […]
Author: Maria Andretti
Last Updated: 14 July 2022
Crypto company, Celsius, recently famed for pausing withdrawals has now filed for chapter 11 bankruptcy protection. They have now become the second Crypto company to file for bankruptcy. The first being Voyager who filed for chapter 15 bankruptcy protection about a week ago. In a statement on wednesday, Celsius said that it is looking to […]
Although some recovery was made on Tuesday, the crypto world still bleeds. The market is currently struggling to attract new investors. Consequently, in the last 24 hours, the global cryptocurrency market cap decreased to $905 billion, falling 0.61% over the day while Bitcoin traded near $20,000. The global crypto market volume over the last 24 […]
Author: Maria Andretti
Last Updated: 1 July 2022
Embattled cryptocurrency exchange CoinFlex will probably not let customers withdraw money again on Thursday as it originally planned. According to CEO Mark Lamb on Wednesday. “We will need more time. And it’s unlikely that withdrawals will be re-enabled tomorrow,” However, CoinFlex is in talks with several large funds. Especially those interested in buying the $47 […]
Author: Maria Andretti
Last Updated: 23 June 2022
If crypto’s past bubbles are anything to go by, bitcoin could be about to fall much further. That’s according to one strategist, who warns the world’s top cryptocurrency is likely to tank as low as $13,000. That is an almost 40% drop from current levels. “We would still be selling these kinds of cryptocurrencies into […]
Author: Michael Stern
Last Updated: 16 June 2022
Perhaps a silver lining has appeared for crypto investors – including those trading with eToro and plus500. Bitcoin and other major crypto tokens rebounded sharply on Thursday. They were marching in line with the equity markets, after the rate hike outcome of the US Federal Reserve. The Fed on Wednesday raised interest rates by 75 […]
Author: Jeffrey Taylor
Last Updated: 10 June 2022
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 […]