crypto ira

The digital asset market closed out October with a surge of optimism, resulting in a remarkable $326 million in fund inflows. According to Coinshares' latest digital asset fund flows report, this marks the largest single-week gain in one and a half years. Record-Breaking Inflows Propel the Digital Asset Market Coinshares' Volume 155 report highlights the […]

Introduction Onyx Protocol, a decentralized finance (defi) platform, has recently experienced a security breach resulting in a loss of $2.1 million. This attack involved a "precision loss" vulnerability and a flash loan, which allowed the attackers to drain a significant amount of ETH and ERC20 tokens from the platform. Despite this breach, the platform's native

Introduction The Brazilian Tax Authority (RBF) has recently acknowledged the significant growth in stablecoin trading within the country's cryptocurrency market. In particular, Tether's USDT has emerged as the most transacted stablecoin, with a trading volume of over 271 billion reals (approximately $54 billion) since 2019. Stablecoins Surpass Cryptocurrencies The RBF reports a "vertiginous growth" in

Self-DirectedGold IRAs are fantastic because they let you put money into precious metals without needing to deal with any middlemen. These accounts are so simple that your grandmother could use them! If you purchase physical gold, silver palladium, platinum, Rhodium bars, coins, rounds and bullion you’ll have instant liquidity. But if you’d like to diversify

Introduction Employee Stock Ownership Plans (ESOPs) provide employees with an opportunity to invest in their future while participating in company stocks. An ESOP is a retirement plan that allows individuals to own company stock. When an employee leaves the company and retires, they can keep these funds by rolling them over to an Individual Retirement

Lawmakers Call for DOJ Investigation Two U.S. lawmakers are calling on the U.S. Department of Justice (DOJ) to investigate Binance and Tether for their alleged involvement in funding Hamas. U.S. Senator Cynthia Lummis from Wyoming and U.S. Representative French Hill from Arkansas have sent a letter to U.S. Attorney General Merrick Garland, urging the DOJ

Introduction In a compelling tale of persistence and financial prudence, a Reddit user embarked on a unique investment experiment, demonstrating the potential rewards of consistently investing small amounts, or dollar cost averaging, into Bitcoin. The Experiment The Redditor, going by the handle u/Gorillahair2000, initiated an experiment to determine whether allocating just $5 per day into

Venezuela and Zimbabwe Lead the Way According to the latest statistics from the International Monetary Fund's World Economic Outlook, ten nations are currently facing inflation rates exceeding 40% as of October 2023. Among these countries, Venezuela takes the top spot with a staggering inflation rate of 360%, closely followed by Zimbabwe at 314.5%. These soaring

Bitcoin Soars by 13% in Early Morning Trading On October 24, 2023, bitcoin (BTC) experienced a significant surge of 13% during the early morning trading hours, Eastern Time (ET). This rapid rise propelled bitcoin's value to $35,108 per unit, causing the entire cryptocurrency market to increase by over 10%. Traders who had bet against cryptocurrencies

Introduction Despite ongoing regulatory uncertainty, North America continues to be the leading region in terms of cryptocurrency usage, according to blockchain forensics firm Chainalysis. While stablecoin-related activity has been decreasing, the region's share in decentralized finance (defi) usage has also declined. In this article, we will explore the findings of Chainalysis' 2023 Geography of Cryptocurrency