When investing in cryptocurrency, investors should understand that it's Bitcoin and Ether in their own tier. Solana has arguably earned its spot as a second-tier coin due to the strong meme coin ecosystem, ease of use and low fees. AVAX and the other altcoins on this list, however, all...
Cryptocurrency has been a hot topic in the financial technology industry for over a decade. But what exactly is it, and why should you care? Imagine cryptocurrency as digital money, similar to the euros or US dollars (fiat currencies) people use daily, but with a few significant differences....
If you buy cryptocurrency, you have to store it. You can keep it on an exchange or in a digital wallet. While there are different kinds of wallets, each has its benefits, technical requirements, and security. As with exchanges, you should investigate your storage choices before investing. ...
Tether is one of the most popular stablecoins around today. In this post, I’ll explain what a stablecoin is, what Tether is and how it works.
The Savers Credit gives a special tax break to low- and moderate-income taxpayers who are saving for retirement.
Hyper-deflationary tokens are a new type of cryptocurrency that is designed to decrease in supply over time, resulting in an increase in value. Although they are still relatively new, they have attracted significant attention in the crypto space due to their unique features. However, investing in...
Intentional cyber threat:An example is a cybercriminal installing the WannaCry ransomware attack, which targeted computers running the Microsoft Windows operating system byencryptingdata and demanding ransom payments in the Bitcoin cryptocurrency. Accidental cyber threats:Poorly configuredS3 bucket securityleadin...
Should You Invest in Real Assets or Equities? If you want to invest in gold, you can buy the physical metal, stocks of gold mining companies or shares in an exchange-traded fund, or ETF, such as SPDR Gold Shares (ticker: GLD). Similarly, if you want to invest in commercial real esta...
Cryptocurrency exchangesnow work similarly to a broker, giving you the tools to trade, buy, and sell cryptocurrencies like Bitcoin, Ethereum, and Tether. Key Takeaways Cryptocurrency exchangesmake it easy to buy and sell the currencies you want with low fees and strong security features. You can...
there is much to unpack regarding how cryptocurrency is taxed because you may or may not owe taxes in given situations. If you own or use cryptocurrency, it's important to know when you'll be taxed so you're not surprised when the IRS comes to collect. ...