Fidelity Investments is getting ready to offer both bitcoin and Ethereum trading to retail investors. The good news is that all trades will be commission free, though anybody seeking to engage in digital currency trading is likely to still pay a one percent fee on all the money they exchange. Fidelity Isn’t Being Entirely Forthcoming About Its Fees The 401K giant announced that roughly one percent fees will be attached to all transactions. Javier Paz – director of data...
Read More »Seniors Are Falling Victim to Crypto Scams
It appears many digital currency fraudsters and malicious actors are targeting senior citizens, and many organizations out there are trying hard to show seniors how they can prevent themselves from falling victim to such traps. Seniors Don’t Always Get Crypto It’s believed many seniors out there are not tech or computer savvy; that they aren’t familiar with how crypto and distributed ledger systems work and thus they can be taken advantage of. Enterprises like Elder...
Read More »Crypto Billionaires Think Elon Musk Will Do Well with Twitter
Crypto billionaires are all very pleased with Elon Musk as of late, and they’re very excited that the South African entrepreneur is taking over Twitter. Crypto Billionaires Are Happy with Elon Musk Musk has been turned into something of a villain by democrats and Hollywood celebrities who all claim he’s going to turn the social media platform into a haven for hate speech. By contrast, money hounds in the crypto space have a lot of hope that Musk is going to bring Twitter...
Read More »Uala in Argentina Says “Yes” to Crypto Trading
Fintech firm Uala – based in the nation of Argentina – is venturing into crypto territory and has stated it will allow customers to trade digital assets like BTC and ETH through its app. Uala in Argentina Is Giving Way to Crypto Trades Valued at roughly $2.5 billion following its last funding round, Uala is becoming one of the largest financial technology companies in South America. Customers that utilize the app will be able to trade pesos for mainstream assets like...
Read More »Bitcoin Price Analysis: BTC Aims More Upsides $18K
Bitcoin price started a recovery wave above the $17,000 support against the US Dollar. The price is now trading above $17,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $17,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $18,000 resistance zone. Bitcoin price is recovering above $17,000 against the US Dollar. BTC might extend its recovery if...
Read More »Dubai Is Creating a New Crypto Regulatory Agenda
Dubai – which has grown exponentially over the years as a leading digital currency hub – is expanding its reputation thanks in part to the Dubai Financial Services Authority (DFSA), the regulatory entity of the region. The organization is now unveiling a new digital currency regime designed to boost crypto-based innovation and regulatory strategies. Dubai Is Growing Its Crypto Friendly Sector The goal is to make the crypto arena in Dubai as transparent as possible...
Read More »The Freedom Convoy Is Still Waiting on Certain Crypto Funds
The Freedom Convoy made headlines earlier in the year when Canada sought to impose COVID vaccine mandates. Comprised of several Canadian truckers and others who refused to give in, the Convoy took issue with what it felt were oppressive politics, and let the world know it wasn’t going to be giving in any time soon. The Freedom Convoy Is Waiting for Its Crypto Funds During that period, many people who sided with the Convoy made the decision to forward digital currency funds to those...
Read More »Matt Leitch: Crypto Custodians Should Be More Prominent
What is a crypto custodian? It’s a company or person hired to protect your digital assets and prevent them from being stolen or falling into the wrong hands, and according to Matt Leitch – a social media marketer at Internet Pulse – the need for crypto custodians is getting stronger each day. Matt Leitch Argues That Crypto Custodians Are Very Necessary As time has gone by, the digital currency market has thrived, but it has also seen its fair share of bad actors. This has left to theft,...
Read More »Source Hut Ends All Crypto Project Permissions
Source Hut – an open-source repository – has stated it’s not going to permit any more projects that delve into the digital currency or blockchain arenas. The idea is that these assets and the technology behind them are too often used for fraudulent means, and the platform doesn’t want its software, its name, or reputation tarnished should illicit actors decide to utilize its services. Source Hut Is Doing Away with Crypto Permissions The decision was made by founder and creator Drew DeVault....
Read More »Jebara Igbara Guilty of Crypto Fraud Scheme
Instagram celebrity Jebara Igbara has pled guilty to running a multimillion-dollar Ponzi scheme involving bitcoin. Jebara Igbara Guilty of Crypto Ponzi Scheme Igbara – who has amassed several million followers on social media – entered a guilty plea for his alleged crimes and could be sentenced to as many as ten full years in a federal prison. Often going by the name Jay Mazini, Igbara is 27 years of age and has built a reputation for being a generous person. His social pages often feature...
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