Can Bitcoin Replace Gold As A Universal Safe-Haven Asset?

In the formative years of Bitcoin, crypto enthusiasts had the vision of a digital monetary system that would replace fiat money. Just over a decade, the world’s pioneer cryptocurrency has posted mixed results. Even though Bitcoin is now a household name globally, it will likely not replace regular money just yet. Instead, Bitcoin has taken […]

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Price Analysis 09/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, XTZ

After a lengthy period of consolidation, many cryptocurrencies appear to be setting up for a large move within the next few days. China could start its pilot for the central bank digital currency (CBDC) before the end of this year, according to local news outlet Caijing. The article states that the anticipated pilot project “will […]

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Dow Wavers Because the Fed Won’t Rescue Wall Street from Trump

The Dow struggled to build on last Friday’s monster rally. There’s a crucial tariff deadline approaching. This week’s Federal Reserve policy meeting won’t rescue stocks from Trump. US stocks traded cautiously on Monday, preventing the Dow from building on last Friday’s monster 337-point rally. There’s a Federal Reserve policy meeting coming up this week, but […]

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New Crypto Tax Rules issued by the IRS

The Internal Revenue Service (IRS) recently released instructions for computing taxes involving crypto assets. The digital market has been waiting for this report since May 2019 after the Revenue’s chief Chuck Rettig hinted at an update to the existing regulations. In April 2019, some members of Congress wrote to Rettig seeking clarification regarding crypto reporting […]

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