• 3 Reasons Bitcoin Is Turning Into a Global Safe Haven for Investors

    Let’s take a look why Bitcoin price is rising as a result and why investors are increasingly considering taking shelter in Bitcoin.

    Aug 9, 2019
  • Facebook Warns Investors That Libra Digital Currency May Never See the Light of Day

    Facebook reminded investors in its latest quarterly report that while it expects to launch its Libra digital currency in 2020, a number of factors could keep that from happening.In the risk factors section of the report, Facebook said it recognizes the significance of the pushback that’s come from lawmakers and regulators since the project was announced in June.“Libra has drawn significant scrutiny from governments and regulators in multiple jurisdictions and we expect that scrutiny to continue,” Facebook said in its filing with the Securities and Exchange Commission.In addition, market acceptance of such currency is subject to significant uncertainty. As such, there can be no assurance that Libra or our associated products and services will be made available in a timely manner, or at all. We do not have significant prior experience with digital currency or blockchain technology, which may adversely affect our ability to successfully develop and market these products and services.David Marcus, who is spearheading the development of Libra and the Calibra digital wallet project at Facebook, has said the currency will be “a more efficient, low-cost and secure alternative” payment tool for people…

    Jul 30, 2019
  • IRS Claims to Prioritize Tax Rules for Crypto Investors but Lacks Urgency

    Cryptocurrency investors may soon have more clarity on how the IRS will tax their holdings now that the agency has said it is making that a priority.

    May 21, 2019
  • Do Early Adopters of the Cryptocurrency Hold a Significant Advantage Over Later Investors?

    When Bitcoin [BTC] came into existence in early 2009, a majority of the global population did not understand the concept of virtual currencies and its underlying blockchain technology. The general masses were also skeptical and people were collectively shy of investing in assets which they did not understand properly.

    May 8, 2019
  • 47% of Institutional Investors Welcome Crypto Investments, Survey Shows

    A new study reveals surging investments in cryptocurrencies by institutional investors, with almost half of them viewing crypto assets as having a place in their portfolios. “Institutional investors are overwhelmingly favorable about the appealing characteristics of digital assets,” Fidelity Investments described.

    May 5, 2019

Contact Us