China Injects Billions to Help Evergrande; How Crypto Can Benefit

The Chinese Central Bank has injected 120 billion Yuan, around $19 billion, into the country’s banking system in an attempt to indirectly bail out the failing Evergrande. As reported earlier in the week, Chinese real estate corporation Evergrande is facing…

Top 5 Reasons Why the Average Person Doesn’t Make Money in Crypto

Making money in the cryptocurrency space can be a tricky thing to do as there are a lot of moving parts and things to consider. The process may leave some investors frustrated at their inability to turn a profit and…

How to Keep Your MetaMask Wallet Secure from HACKS AND EXPLOITS

Originally meant for Ethereum, MetaMask is a software wallet that allows users to trade on various decentralized crypto exchanges. The software has a great deal of security in place and comes in the form of an app and a browser…

President Biden Plans to Propose on Raising Federal Capital Gains Tax

President Joe Biden is expected to put forth a proposal that will raise the federal capital gains tax from 20% to 39.6%, but if you factor in the Medicare surtax, the richest taxpayers will end up paying 43.4%. According to…

Bitcoin Reward Startup Lolli Gains $5 Million in Funding

Bitcoin rewards startup company Lolli has raised $5 million in funding thanks to a push by celebrity investors. Lolli offers a browser extension and an app that gives bitcoin rewards up to 30% for online shopping purchases, but it depends…

Bitcoin Quantity Down, Holding Increasing Data Suggests

At the time of this writing, Bitcoin has hit the $60,000 mark, breaking the former all-time high of $58,620.77. This milestone comes at a time where corporations and financial institutions are warming up to Bitcoin and investors buying more of…

Citigroup Says Bitcoin could become the “currency of choice” for global trade

Banking giant Citi released a new report that suggests Bitcoin could become an “international trade currency” in the future. Titled “Bitcoin: At the Tipping Point”, the report goes over Bitcoin’s history as a digital payment method to bypass banks and…

First Bitcoin ETF in North American Approved by Canadian Securities Regulator

The Purpose Bitcoin ETF has received regulatory approval in Canada. It will debut on the Toronto Stock Exchange, where it can be used for investment plans for retirement and college. Bitcoin exchange-traded funds have consistently failed to be licensed by…

Compound for Noobs

What is Compound? Compound is a DeFi project that enables users to take out loans or provide loans by locking up their properties via Ethereum-based smart contracts. The availability and demand of each crypto asset dictate the sum of interest…

Mt. Gox Creditors May Be Able to Claim 90% of Remaining Bitcoin

According to Bloomberg, the contract between the debt trustees of Mt. Gox and MGIFLP, a subsidiary of Fortress Investment Company, would allow creditors to claim up to 90% of the exchange’s remaining bitcoin. CoinLab, which reported the agreement, customers are…