Tag Archives: Bitcoin News

A tax law that was implemented in 2017 as a means of helping poor communities is allegedly being taken advantage of by crypto miners and investors. Crypto Investors Are Using a Tax Law to Their Advantage The law in question allowed certain individuals and companies to either delay or reduce their capital gains taxes when they sell a stock or crypto unit if they take the money they earned and invest it in what are known as opportunity zones, which are neighborhoods that...

Bill Miller is arguably one of the biggest bitcoin bulls out there. Not long ago, he described the world’s number one digital currency by market cap as something of an insurance policy against financial and economic problems, and he mentioned that despite the falling price as of late, he still holds a fair amount of BTC in his portfolio today. Bill Miller Believes in BTC For the most part, Miller still believes that bitcoin is young enough to make a serious difference in...

It appears that the crypto space is becoming far more attractive to minority groups. Caroline Altagracia, for example, is a college student at the University of Albany. While in high school, she learned about digital currencies and became fascinated with the technology behind them. Minorities Are Entering the Crypto Space In an interview, she stated: It’s definitely been an empowering journey. I feel like when I initially was intimidated, I had to kind of get past that...

A woman named Rhonda has utilized the assistance of some friendly “white hat” hackers to help her recover her lost bitcoin stash. Rhonda Really Needed Her BTC Back Back in 2013, when bitcoin was trading for around $80, Rhonda got into the crypto craze and decided to purchase six units of the popular currency. In an interview, she stated: I used to listen to a radio talk show, and they started talking about crypto and bitcoin, so I got interested. Back then, buying it was...

New York City mayor Eric Adams is a crypto bull. There’s no denying that. He seems to really take bitcoin to heart. He loves the technology behind it, and he’s so confident in its abilities, he has stated that he wants crypto taught in schools so children are ready and prepared for what will surely be a crypto-dominated financial system in the future. Eric Adams Doesn’t Seem to Understand Where Crypto Comes From All this sounds fine and dandy, but if there is anything...

Let’s just say it. Joe Biden is arguably shaping up to be the worst president in the history of the United States. Between the border crisis, the Afghanistan debacle, a failing economy, inflation, and his attempts to implement unconstitutional COVID vaccine mandates, many likely feel that the White House is occupied by a man who has no idea what he’s doing. Biden Has Potentially Threatened the Crypto Space Biden’s list of failures extends quite far for someone who’s only...

Canadian truckers who are currently fighting against vaccine mandates in their native country have found solace in bitcoin after the fundraising platform GoFundMe halted donation monies they were slated to receive. Canadian Truckers Get What They Need Through BTC Canadian truckers have been gathering in their nation for the last several weeks and have formed what’s come to be known as a “Freedom Convoy.” Truckers are protesting ongoing COVID-19 vaccine mandates in the...

Michael Cembalest – chairman of investment strategy for financial giant JPMorgan – said in a recent interview that he’s not crazy about bitcoin and the world of crypto, suggesting that despite how much bitcoin expands and how popular it becomes, the currency is not going to rub everyone the right way. Michael Cembalest Can’t Justify Crypto Excitement Throughout the interview, Cembalest stated that the opinions expressed were his own and not those of JPMorgan. He says...

Ukraine is utilizing bitcoin in crowdfunding campaigns to fight against the ongoing threat from Russia. Ukraine Is Using BTC to Prepare for War Ukraine is allegedly being stalked by its neighbor to the east. Russia currently has more than 100,000 troops amassed at the Ukrainian border. Needing funds to boost its military resources and keep up its strength in the face of adversity, Ukraine has turned to the world’s number one digital currency by market cap. Thus far,...

A platform known as Engiven has announced that it will begin accepting crypto donations for the U.S. figure skating team currently competing in the Winter Olympic games. The company says that the donations will go towards several initiatives including Destination Beijing, which seeks to bring athletes’ friends and families together when they don’t have the means to travel on their own. Engiven Permits Crypto Donations Destination Beijing fully accounts for the ongoing...