A government consultant said that El Salvador will not tax foreign investors on bitcoin speculation profits once it adopts bitcoin legal currency. There will be no tax on bitcoin assets, or large sums of money. Javier Argueta (Nayib Bukele’s legal advisor) stated…
All The Gold In Fort Knox Will Not Buy You More Than 1% Of Total Bitcoin Supply
This story is about value or the difficulty in measuring and finding true value. The US gold holdings total 261 million fine troy-ounces. Fort Knox’s gold holdings are 147.43 millions troy ounces. At the current market price, this should be worth about $470…
Now, Cardano’s ADA Token Becomes Third Largest Cryptocurrency Globally
As network developers seek to capitalize on the boom in decentralized financing, a little-known digital token tied to the Cardano blockchain just became the third-largest virtual coin in the world. The so-called ADA cryptocurrency has risen around 50% in the past…
Bitcoin Long-Term Buy Indicator Just Flashed as BTC faces Critical Resistance (Price Analysis)
BTC continues to rise with an impressive spot volume reaching an intraday peak of $45.3k even in weekend trading. Now, the cryptocurrency is testing the 200-day moving mean. This level of resistance is the most crucial. This level can be reclaimed…
Unusual July: Stocks Up, Bonds Up, Gold Up, Bitcoin Up
It is unusual to see 4 major asset categories trending upwards in the same month. It is not common for at least one asset to be down while the other is up. But this month, it is unusual. After enduring a difficult…