Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), expressed a cautionary viewpoint regarding the crypto industry in a recent hearing with the Financial Services and General Government Subcommittee of the Senate Committee on Appropriations. Gensler testified that cryptocurrencies should be considered a “highly speculative asset class” and raised concerns about the prevalence […]

Cryptocurrencies are some of the most volatile assets in financial markets. All kinds of events can cause prices to shift significantly in any direction. These include political, environmental, social, and economic events. The US is the largest economy in the world today. As such, any political developments in the country can greatly affect the markets. […]

Chat Generative pre-trained transformer, popularly known as chatGPT, is an artificial intelligence chatbot that can be applied in endless projects like software development, writing, and translation. Crypto and forex trading is very complex and volatile. To improve the output, a trader must have the necessary skills and top-notch information on the market to make informed […]

What is Bybit? Bybit is an online platform where you can buy and trade cryptocurrencies Established: 2018 Nature: Cryptocurrency and derivatives trading exchange. Features: Boasts a professional-grade, high-performance matching engine. User Base: Over 2 million users worldwide. Reputation: Known for advanced trading options, commendable customer support, and a commitment to crypto education. Asset Exchange Feature: […]

The sports betting revolution has swept the world in the last 20 years. It has opened up new possibilities for sports fans and betting companies, as the internet makes it possible to bet on various sports events from the comfort of your own home. At the same time, the financial world has been going through […]

The Decline of Blockchain Patents in America: A Regulatory Dilemma? The United States, once a beacon of innovation and a player in the blockchain patent space, is witnessing a significant downturn in its blockchain patent filings. The numbers are stark: a sharp reduction in filings in 2023 compared to 2022. With only 51 patents filled […]

Patents meet blockchain In general, patents‘ role in protecting innovations cannot be understated. They provide a legal framework that allows inventors to protect their intellectual property, preventing others from using, selling, or manufacturing their inventions without permission. This protection encourages innovation by ensuring inventors reap the rewards of their creativity and hard work. In the […]

The geography of crypto tax rates The United States may be united, but when it comes to taxing your hard-earned crypto gains there are plenty of differences to consider.  You could do the decent thing and take up permanent residency in Puerto Rico, for example – yes, it’s a US state, but with lots of […]