Okay, let's talk about XRP. You’ve read the headlines, perhaps even experienced the FOMO. "$3 XRP!" it screams. Is it just hype? Honestly, I get the skepticism. I’m here to tell you that this isn’t your average, far-fetched moonshot fantasy. And there, coincidentally, are some real, tangible reasons to think...
We’ll admit it—the buzz around XRP hitting $3 is intoxicating, isn’t it? It’s all the rage these days – everyone’s arguing over it, coloring charts with lines, and planning on cashing in with lambos. Let’s slow down for just a second. From my vantage point here in Accra, Ghana though,...
Another crypto that’s recovered remarkably well is XRP, the cryptocurrency associated with Ripple Labs. After a multimonth consolidation period where it lost the $2.00 support level, it recently regained this crucial support zone. Market analysts and investors are scrambling to take advantage of this movement. Whale action points to a...
BlockTraderHub.com, your trusted source for crypto intelligence, is here to help you understand the recent surge in the crypto market. Is the run-up a sustainable rally or merely a correction from a recent peak? Here are some of the indicators we’re watching closely and what they could mean for investors.Factors...
What the Waylon Wilcox case demonstrates is about more than one man’s error. This former resident of Pennsylvania was convicted of avoiding millions in taxes on his CryptoPunks transactions. As far as wake-up calls go, this one is loud and clear across the entire NFT ecosystem. It’s natural to want...
In March 2022, a Pennsylvania man pleaded guilty to evading federal taxes. He failed to disclose over $13 million in income from the sale of almost 100 CryptoPunk NFTs. Waylon Wilcox, a 45-year-old of Avery, Idaho, was sentenced to a maximum of six years in prison for his tax-related offenses....
Non-Fungible Tokens (NFTs) seem to have exploded all over the place lately. They’ve ushered in a new class of digital assets and lucrative investment opportunities. Still, this burgeoning market raises significant challenges, especially around taxation. Waylon Wilcox, 45 of Pennsylvania, was just sentenced to 12 months incarceration for NFT tax...
Well, Metaplanet literally just put $26 million onto Bitcoin. That's a statement. A bold one, at that. Are they crazy? Or are they just making bets on things the rest of us are unable to comprehend? Photography by Alexandria Pizzica. This conversation is much larger than one company’s investment. It...
We’ve all seen the naysayers, the haters, the skeptics of Bitcoin. It’s a fad!” It’s a scam!” It’s… overall very positive but very risky and poorly defined. What if I told you the future of finance is today and happening all around you. In fact, it’s being actively shaped as...
Bitcoin’s value has made an impressive leap, up 1.13% to $84,655. This resurgence comes against a double-edged landscape of geopolitical strife and discord, coupled with strategic long-term corporate investments and global market volatility.Bitcoin’s price volatility has been well documented, with major declines quickly followed by rebounds. The cryptocurrency's recent rebound...