Tag Archives: crypto

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...

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...

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...

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...

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...

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...

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...

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...

Bitcoin incurred a bit of a fall at the end of January after it was revealed that the Federal Reserve was going to potentially enforce another small rate hike. Everyone was on edge after the ongoing debacle that was 2022, and it was believed that the digital currency arena was going to be hit hard by the Fed’s actions, thus causing more turmoil. The Federal Reserve May Hike Rates Again At the time, bitcoin fell from about $23,000 – which it had struck just weeks before –...

European basketball team the London Lions has aligned itself with Bit Pay and formed a joint partnership with the crypto platform. The purpose? To allow fans to purchase both tickets and merchandise surrounding the team with crypto assets. The London Lions Have Jumped Into Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on...