A Thai national has made headlines after he reportedly bought a Lamborghini using the cryptocurrency Bitcoin. Jo Chirawat managed to drive home his brand new Lambo after placing a downpayment at a luxury car dealership Renazzo Motor Co. Ltd. In Bangkok, Thailand. Alongside the cash advance paid via Bitcoin, the remaining payment will also be … Read more →
This is the first time Sotheby’s will allow the winning bidder to have the option of paying for the hammer price of a Banksy artwork with cryptocurrency. Sotheby’s shall become the first major auction house to start accepting cryptocurrencies as a payment method for physical art pieces, following its previous sales with digital NFT art … Read more →
Digital technology has unlocked many doors. From entertainment to education, the internet and everything it offers has changed the world around us. One sector that’s benefited from the digital tech revolution over the last 20+ years is finance. Corporate banks and financial institutions are the obvious benefactors, but the average consumer hasn’t been left in … Read more →
In a SEC filing on Monday, Tesla announced that it has bought some bitcoin cryptocurrency, worth $1.5 billion. In a filing with the Securities and Exchange Commission, the electric vehicle maker said it bought the bitcoin for “more flexibility to further diversify and maximize returns on our cash.” The company also said that very soon … Read more →
Purchasing Bitcoin or other forms of cryptocurrency is one of the best ways to invest your money. But cryptocurrency wasn’t always such a popular investment strategy. How did cryptocurrency begin? How did it get to where it’s at now? To many people, it seems like cryptocurrency came out of nowhere and took over the world. … Read more →
The bitcoin industry has turned itself into the star performer in 2020. Its value has multiplied four times and since the beginning of the year. There was a small drip in March 2020 the cryptocurrency then took a step forward, breaking its record of $20,000 per bitcoin in 2017 to $34,000 in Jan 2021. The … Read more →
In March 2020, Bitcoin was valued at around $8,790.51. While this cryptocurrency is one of the most popular and solvent, it doesn’t mean you should only invest in it. The versatility of the crypto market allows newbie and seasoned investors to grow their wealth. It all comes down to figuring out the best cryptocurrency strategy. Have … Read more →
All of this information was provided by Bitvavo, a trading platform. If you are anything like the majority of people on this globe currently- you’re starting to get very comfortable with online shopping. Some retail industries have reported gains of over 800% when it comes to the demand for online items. Specifically, those related … Read more →
The world watches with much anxiety to see just how much financial havoc COVID-19 will wreak on worldwide economies as growth is suspected to be at its worst since the year 2009, global shares shrug as the recession is imminent and thousands of lives are claimed worldwide by the infectious CoronaVirus outbreak. If we compare … Read more →
The International Revenue Service set the US Tax Season 2020 in motion starting on Jan. 27, for individual tax returns. This new year also brings many culminating developments in cryptocurrency taxation with strengthened investigative efforts. According to a Notice published by the IRS, the general principles of taxation will apply the same for virtual currency … Read more →
bWhen Bitcoin was first introduced to the world in 2009, nobody thought much of it. It is a virtual currency invented by someone called Satoshi Nakamoto; he/she was not a famous person and remains a mystery to date. However, crypto currency became a thing and people started to consider it as a feasible option for … Read more →
Blockchain is one of the leading technologies and getting popular in many countries. Many companies were recruiting blockchain developers to build the business rate. So investing time to know about it will help the economy rate to pitch and also begin to increase the rate of profit. Blockchain is simply a network that is virtually … Read more →
Blockchain is one of the most prominent technological breakthroughs of this decade; along with the advancements in machine learning, cloud computing and the Internet of Things it became one of the things that plays an enormous role in defining the world today. It is no wonder that crypto boom caused so many new startups to … Read more →
If you sold bitcoins or used crypto to buy anything, you owe the IRS taxes. The U.S. government caught up with the times and decided bitcoin is property. That means any purchase you make with bitcoin has to be reported on your taxes. In fact, in almost every country now you are liable to pay taxes on profits acquired from cryptocurrency … Read more →
Online remittance costs Banks vs. online platforms Without a doubt, it’s much cheaper to use independent online platforms to send money internationally rather than your regular mainstream bank. Banks have already lost the battle for affordable international transfers. Such transfer costs on average $25 and can take 5 days to be delivered. Meanwhile, online platforms … Read more →
If you set realistic goals for yourself when trading crypto, you can learn the process easier. Here is how to day trade cryptocurrency using goals. Have you ever wondered how to day trade cryptocurrency? Cryptocurrency has recently exploded in popularity, encouraging many people to start day trading it. Because the value of it is so … Read more →