Have you ever wondered if you can invest your IRA funds into cryptocurrency or Digital assets? I wondered about the same thing. I did not want the cryptocurrency train to pass me by. This is my story on what I found during my research and my experience in my chosen path. At first, I started…
Digital Currencies and Banks
BNY Mellon, America’s oldest and 10th largest bank, directly manages $2.2 trillion in assets. The bank just announced plans to offer cryptocurrency custody services that enable customers to manage their digital assets side-by-side with their cash. If you are thinking of investing in cryptocurrency, read further to better understand the expansion of cryptocurrency into the…
What is the cryptosteel capsule?
The Cryptosteel Capsule, Protection for your Information! Looking for a way to store and protect private information? Look no further than a cryptosteel capsule. What is the cryptosteel capsule you wonder? A cryptosteel capsule is a solid metal capsule used to store data without the typical third party involvement. These capsules are waterproof, fireproof, and…
What is Cardano Coin?
Cardano or ADA is a blockchain asset. The growth of Cardano is one of the fastest in the cryptocurrency industry. ADA was initially released in 2015, and according to market capitalization has remained in the top 10 cryptocurrencies ever since. A lot of the hype regarding Cardano is due to the massive blockchain ecosystem. The…
Paypal and Crypto
Ever since the inception of the cryptocurrency giant Bitcoin into the world stage, there has been a rise in the number of cryptocurrencies that have popped up looking to make a name for themselves. Seeing the potential to this market offered by Bitcoin and other cryptocurrencies(altcoins), PayPal decided to join the market by incorporating some…
Latest Bitcoin News Articles
Take a look here at some of the latest Bitcoin News Articles: As Bitcoin Shoots Past $40,000, It Unequivocally Reminds Us That It’s Not Money – Forbes January 10, 2021 – Forbes As Bitcoin Shoots Past $40,000, It Unequivocally Reminds Us That It’s Not Money Forbes… Bitcoin has ambitions for gold’s role – Financial Times January…
What Is Bitcoin All About?
Are you getting into the digital money and wondering what is bitcoin all about? And why is everyone talking about it? Well, you are not the only one. Digital money has a lot of people confused too. In this article, we will be covering all you need to know about bitcoin. Bitcoin is a form…
What is Ethereum Classic all about?
Introduction to Ethereum Classic You might have heard about Ethereum Classic if you are familiar with the world of cryptocurrency. There are many different types of cryptocurrencies and it turns out that Ethereum Classic actually is considered to be one of the most active when it comes to trading. It also has some of the…
Using multiple Ledger Nano’s for Cryptocurrency Storage
Introduction Using a hardware wallet is one of the best ways to store your cryptocurrency offline (cold storage). The newer version of the Ledger Nano (Ledger Nano X) has more memory and can store many more cryptocurrency coin apps than the Ledger Nano S. If you have purchased and are storing several cryptocurrencies, there isn’t…
How To Stake Cryptocurrency Using Ledger Nano
Staking cryptocurrency coins is becoming a popular way to generate passive income. The amount of rewards that can be made from staking range from 5% to around 30%. There are many cryptocurrency projects that allow for staking. Not only can you collect reqards, your staked coins allow participation in the direction of the cryptocurrency project….
Reporting Cryptocurrency Taxes on Inactive Assets
The tax rules in dealing with cryptocurrency are constantly evolving and changing. One item that I found interesting was the treatment of inactive cryptocurrency and taxes. Bitira.com released an article titled Crypto Tax Questions 2020 that discusses this topic. If you thought anything like me, you would would wonder why worry about taxes on cryptocurrency…