The President’s Council of Economic Advisers (CEA) proposed a thirty percent tax on miners to prevent them from spoiling the climate. The Council proposed the tax to be phased in over three years, starting with 10% the following year. In 2025, raise the tax to 20 percent, and then to 30 percent. The proposed cryptocurrency…
Category: Cryptocurrency
How could the CFTC lawsuit affect Binance?
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Binance and its executives. The regulator intends to completely strip the largest crypto exchange of the U.S. market and accuses it of facilitating illegal activities and trade manipulation. The text of the indictment took 74 pages. Citing quotes from internal chats that the…
Why is everyone waiting for the Arbitrum airdrop?
Offchain Labs, the developer of the Arbitrum ecosystem, announced the launch of its own ARB token, part of the offering of which will go to active platform users through an airdrop – a distribution of tokens by developers. The excitement around the distribution and start of token trading arose after the example of a successful…
How to do fundamental analysis of cryptocurrencies?
It is common to talk about fundamental analysis in the world of trading. Who has not looked before choosing a particular stock at the situation in which the sector and the economy is globally and nationally? However, with cryptocurrencies fundamental analysis does not work the same way. If we want to research this well, we…
What is Optimism?
Optimism is a layer 2 blockchain that aims to enhance the functionalities of Ethereum. Processing speed and gas cost are among the weak points in many blockchains. Improvements in these areas are needed to decongest the network and improve blockchain performance. Optimism and its technology have achieved this improvement in the Ethereum blockchain, in addition…
Comparing Bitcoin or Etherium?
Bitcoin vs Ethereum. As Shakespeare’s classic would say: ‘That is the question’. And, indeed, that is the question if you are a cryptocurrency investor who, taking into account the volatility that characterizes this market, prefers to opt for assets that, due to their track record, provide you with more guarantees. Differences between Bitcoin vs Ethereum…
What is the seed phrase
Cryptocurrencies, unlike traditional currencies, are not backed by any central government or financial entity, but instead rely on a decentralized network of nodes that verify and validate transactions. Therefore, since they are not backed by any entity, a lot of emphasis needs to be placed on security. Therefore, one of the key features of cryptocurrencies…
NFTs taxes everything you need to know
What taxes are to be paid in relation to the sale and purchase of NFTs? We have to differentiate in order to be able to give an answer from which perspective or with what purpose the sale and purchase of CFTs is carried out. If we are simply users, who sporadically buy NFTs because we…
Which wallet is the safest?
I think you already know what a cryptocurrency wallet is. A revaluation, wallet or wallet, is a place where you safely store your cryptocurrencies. With a wallet, you can also send and receive cryptocurrencies. With something so valuable, we have to pay special attention to security . In this article, I will focus on an…
The fall of three banks in the U.S. and its impact on the crypto-economy
The fall of three major U.S. banks forces us to analyze the reasons for the events, the impact on the crypto-economy, and other possible consequences so that we are alert to what is coming. On Wednesday, March 8, 2023, Silvergate Capital went out of business. On Friday, March 10, Silicon Valley Bank collapsed, causing a…