Are non-fungible tokens (NFTs) making a comeback? According to the recent progress of the Ordinals series, the answer might be a resounding “yes.” Ordinals Are Making Their Marks NFTs are still relatively new to the crypto space. As pixelated art tokens, they’ve often been sold for hundreds of thousands of dollars, and by the end of 2020, the space had an overall valuation that stood in the billions. Things looked great for the NFT arena, and many investors thought there...
Read More »Senator Tuberville Reintroduces Retirement Crypto Investment Bill
Senator Tommy Tuberville – a republican from the state of Alabama – is reintroducing a bill that would prevent the Department of Labor from getting in the way if retirees want to use their funds to purchase crypto or other forms of speculative assets. Tommy Tuberville Seeks to Protect Crypto Retirement Investments The move is being initiated not so much because Tuberville is a major crypto fan, but because he’s sick and tired of Biden and his nation-hating cronies...
Read More »Elizabeth Warren Seeks to Establish New Congressional Crypto Committee
Elizabeth Warren – the “democrap” senator of Massachusetts – is, once again, sounding the alarm on the digital currency arena. She is allegedly concerned about the fall of FTX and the mishandling of funds by Sam Bankman-Fried, and believes that the space exhibits vulnerability like it never has before. Elizabeth Warren Is Again Going After Crypto Because of this, she is working to allegedly create a new bipartisan committee that will look at the problems surrounding the...
Read More »Christopher Waller Really Doesn’t Care for Crypto
Christopher Waller is the Federal Reserve board governor. In a recent interview, he made it clear he’s not a fan of the digital currency space, nor does he think crypto assets have any real value to them. Christopher Waller Is Concerned About Crypto In the discussion, Waller said that most digital currencies were “speculative” and comparable to baseball cards. He also said that the only value they have stems from the belief of others. He stated: If you buy crypto assets...
Read More »Opinion: Crypto Fans, It’s Time to Say “No” to Joe Biden
Crypto fans (and everyday Americans) are counting down the days to November 2024. Why? Because that’s the month they can finally vote Joe Biden out of office for good. Biden Has Done Nothing for America or Crypto Traders Biden has arguably been the most destructive leader America’s ever witnessed. In just the last two years, the economy has fallen into disarray, inflation is at an all-time high, food and gas prices have soared, crime and homelessness have increased, and...
Read More »The IRS Is Revamping Its 2022 Crypto Reporting Requirements
Following record-high adoption in 2022, the Internal Revenue Service (IRS) is revamping its crypto reporting requirements. The IRS Is Upping the Ante on Its Crypto Reporting Requirements For starters, the IRS is no longer referring to crypto as “virtual currencies” but as “digital assets.” On your 1040 income tax form, you will now be asked the following question: At any time during 2022, did you: (a) receive (as a reward, award, or payment for property or services); or...
Read More »Opinion: Crypto Skeptic Ben McKenzie Seems to Have His Head in the Clouds
Why do actors consider themselves experts on things they’re clearly not experts on? Is it because they’re surrounded by entourages that deem them gods of some kind? Is it because their agents and managers suck up to them out of knowing that if they don’t do what they should, they won’t get their ten percent cuts? In any case, actors seem to think they always know it all, and Ben McKenzie of “The O.C.” fame is no exception. Ben McKenzie Likely Doesn’t Know as Much as He...
Read More »Haram or Halal? New Program Decides Which Cryptos Are Usable for Muslims
Does a cryptocurrency fall into the haram or halal category? This is a question many Islamic followers have been trying to figure out as they’re intrigued by crypto, yet they’re worried if it will somehow go against their religious beliefs. Which Assets are Halal? In regions such as Saudi Arabia, cryptocurrency is constantly undergoing tests to see if it is Sharia compliant. Many believe it to be no different than gambling, which goes against Islamic law. There are also...
Read More »Analysts Point Out a Sudden Lack of Volatility for Crypto
In early February, crypto experienced a small dip after weeks of its main assets (such as bitcoin) riding the bull wave and increasing their prices. Crypto Is Staying Still On or around February 5, the crypto space fell by a little over two percent and wound up stuck at just over $1 trillion. While at first glance it looked like the bears were once again beginning to enter the fray, there were several analysts and crypto players out there who felt the situation was...
Read More »Victoria Jacobs Arrested for Funding Terrorists with Crypto
A woman living in New York City is being accused of using crypto to fund a terrorist organization in Syria. 43-year-old Victoria Jacobs – who also operates under the alias Bakhrom Talipov – is now being charged with terrorism herself, along with money laundering and various other crimes. Victoria Jacobs Is in Big Trouble Jacobs is believed to have given the money to a group called Hay’at Tahrir al-Sham, a foreign terrorist organization currently designated as such by the...
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