Category: Bitcoin

Bitcoin and Taxes 101: Everything You Need to Know
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Bitcoin and Taxes 101: Everything You Need to Know

When it was originally released, Bitcoin was envisioned as a sort of a universal currency that can be used by people from all over the world without being regulated by any government. Obviously, things have changed a lot since then. Bitcoin users are now subject to numerous tax regulations on their crypto possessions. Over the…

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Here’s How Bitcoin Can Bring Digital Gold Narrative Back to Life
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Here’s How Bitcoin Can Bring Digital Gold Narrative Back to Life

Evidence shows that whales are buying the massive bitcoin dip. Bitcoin’s digital gold narrative was crushed in the recent selloff. If whales are indeed buying the dip, bitcoin can eventually regain its digital gold status. Bitcoin has wiped out many traders over the last few days. The intense selloffs coupled with extreme volatility are shaking…

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The Real Reason Why Bitcoin Had Its Worst Crash in 7 Years
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The Real Reason Why Bitcoin Had Its Worst Crash in 7 Years

Bitcoin plunged by nearly 40% in the last 24 hours. The brutal stock market selloff is killing other asset classes. Bitcoin’s safe-haven and uncorrelated asset narratives have been thrown out of the window. Bitcoin has a history of heart-stopping volatility but they all pale in comparison to what happened in the last 24 hours. The…

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Care to Buy Bitcoin at discount? An Insight into Matrixport’s New Product – Dip Hunter
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Care to Buy Bitcoin at discount? An Insight into Matrixport’s New Product – Dip Hunter

There is a saying on Wall Street –“Don’t try to catch a falling knife.” This also applies to the cryptocurrency investment. Many veteran investors prefer the Automatic Investment Plan (AIP) to ensure a balanced cost in a highly volatile market. It is usually difficult for ordinary investors to make a well-informed decision on when to invest. Matrixport’s Dip Hunter is…

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