Cryptocurrency markets remain notoriously volatile, and predicting which coins will outperform others in 2021 is a daunting task. With that said, there are certain coins and tokens that have a higher likelihood of delivering strong returns in 2021 and beyond. Bitcoin (BTC) is currently the world’s most valuable cryptocurrency and is the only virtual asset to ever reach the trillion-dollar market cap. The cost to produce a single Bitcoin, or “mining” it, has steadily increased over the past few years, making it an ever-scarcer commodity. As the...

Staking is a term widely used in the cryptocurrency space, which refers to the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network. The funds serve as a form of collateral and incentive for users to help maintain the security and effectiveness of the network. Staking cryptocurrency is becoming increasingly popular as more and more blockchain networks shift to a proof of stake consensus mechanism. In a proof of stake system, network participants must stake a certain amount of cryptocurrency to create...

Shiba Inu token, famously known as SHIB, is an ERC-20 community-driven decentralized cryptocurrency released in mid-May 2021. Despite the fact that Shiba Inu is a newly-released token, its popular meme-based promotional campaign helped SHIB to reach the top 20 cryptocurrencies by market cap much sooner than originally anticipated. Just like Dogecoin, Shiba Inu is based on a Japanese-breed of Shiba Inu dog and its logo resembles a parody of the Shiba Inu aka Doge. Shiba Inu has become popular amongst crypto users and traders thanks to its...

Cryptocurrencies such as Bitcoin, Ethereum, and Ripple, as well as other virtual currencies, are becoming more popular and are gaining attention from investors who may not have considered them before. This newfound attention brings with it a variety of tax-related questions, such as how crypto is taxed. Understanding how to properly file your crypto-related taxes is essential to ensuring that you remain in compliance with the law and don’t face any penalties, so it’s critical to know how to approach your taxes. In the United States, the Internal...

One of the key aspects of making safe crypto purchases when buying life-altering investments such as cryptocurrencies, is to properly research beforehand. Before even looking at purchasing Moon cryptos, it is important to identify the impact that it can have on a persons finances and the possible legal ramifications. The first step in buying safe Moon crypto is to understand the basics of the cryptocurrency at hand. At the most basic level, Moon Crypto is a type of cryptocurrency meant to facilitate the commerce of goods and services. It utilizes a...

Cryptocurrencies have become increasingly popular and have been gaining a following in the investment world. They offer investors a chance to participate in a growing, technological space with the potential for high returns. This has been made possible by the numerous successful projects, such as Bitcoin and Ethereum, that have appeared in the cryptocurrency space over recent years. Unfortunately, for those looking to make money with the technology, understanding exactly how to do so isn’t always straightforward and involves careful evaluation of...

Crypto wallets are essential for individuals and businesses who want to store and manage digital currencies safely. There are a wide variety of cryptocurrency wallets available today, ranging from basic storage wallets to web-based wallets that offer integrated or decentralized exchanges, or multi-asset capabilities. The best crypto wallet for you will depend on your individual needs and which features you value most highly. Generally, crypto wallets can be divided into four categories – hardware, software, desktop, and mobile. Hardware wallets are...

Cryptocurrency prices are often volatile and can be hard to predict. Today, there are various factors that may be causing the current price decline in crypto. The first factor driving down crypto prices may be the increased uncertainty surrounding macroeconomic events, such as the U.S.-China trade war. The ongoing trade war has had a major impact on the global economy, which in turn has had a significant impact on cryptocurrency prices. As economic uncertainty rises, investors become hesitant, which is reflected in market movements. Another...

The sudden crash of cryptocurrency prices in early 2018 is one of the most significant events in the short history of the asset class. There were multiple factors at play, including fundamental concerns about the technology and market forces that caused investors to re-evaluate their expectations of cryptocurrencies. In this essay, I will break down the various factors that caused the crash and why they had such a significant impact. One of the fundamental reasons for the cryptocurrency crash can be traced to a lack of regulatory clarity. The...

Crypto currencies have become a very popular way for people to make money. With the rise of the crypto industry, more and more people are curious about how to make money in the space, to cash in on all the potential. The essential premise is, buy low and sell high. The first step is to create a crypto currency wallet. This will store your digital assets and allow for them to be transferred to other parties. There are a few wallets available on the market that range from web-based to mobile-based wallets and even hardware wallets which store the...