Tag: crypto

Crypto Market Makers Can They Democratize Finance For All?

Crypto Market Makers Can They Democratize Finance For All?

Can algorithms truly fight inequality? Questions are on the minds of crypto market makers. That enthusiasm only increases as we see digital assets find a home in places such as Sub-Saharan Africa. Are these entities intended to democratize crypto trading really instruments of economic empowerment? Or are they just creating...

Atkins' SEC: Will Crypto's 'Freedom' Leave Us All Behind?

Atkins' SEC: Will Crypto's 'Freedom' Leave Us All Behind?

Paul Atkins is at the nervous helm of the SEC, and the crypto world is going wild. Bitcoin’s bouncing, Ethereum’s ecstatic, and Coinbase is… well, cashing in. The promise? An absolute bonfire of regulations, the move from enforcement-first to innovation-first. And yet as Wall Street celebrates, shouldn’t we be more...

NFT Tax Scandal: Is the IRS Stifling Crypto Innovation?

NFT Tax Scandal: Is the IRS Stifling Crypto Innovation?

Waylon Wilcox, a 45-year-old from Pennsylvania, recently pled guilty to not reporting $13 million of NFT earnings on his tax returns. Okay, tax evasion is wrong. Before you grab your pitchforks, consider this: is the IRS's heavy-handed approach to crypto taxes actually killing the goose that lays the golden eggs?Let’s...

BexBack's 100x Leverage: Is This Crypto Freedom or Financial Folly?

BexBack's 100x Leverage: Is This Crypto Freedom or Financial Folly?

BexBack is dangling 100x leverage in front of crypto traders, and the question screams to be asked: is this the sound of financial freedom ringing, or the siren song of a shipwreck? As a libertarian, I’m a sucker for any proposal that holds the promise of freeing people from the...

Fartcoin's $2 Dream Is a Joke, But It Exposes Crypto's Real Problem

Fartcoin's $2 Dream Is a Joke, But It Exposes Crypto's Real Problem

Okay, let's be real. Fartcoin. Just the mention of the name is guaranteed to get you laughing, snickering and/or vomiting at the idea. The reality that anyone is even discussing it reaching $2, or a billion-dollar market cap, is quite honestly ridiculous. It's meme-coin mania gone wild. You would be...

Atkins' SEC: 5 Ways Crypto Freedom Will Finally Win

Atkins' SEC: 5 Ways Crypto Freedom Will Finally Win

The winds are shifting. The confirmation of Paul Atkins as SEC Chairman isn't just another political appointment. It's a seismic tremor in the crypto landscape. For far too long we’ve watched innovation flee to other countries. Regulatory uncertainty and an SEC more concerned with making examples of companies than fostering...

BexBack Launches Double Deposit Bonus and $50 Welcome Offer to Attract New Crypto Traders

BexBack Launches Double Deposit Bonus and $50 Welcome Offer to Attract New Crypto Traders

BexBack, one of the most innovative crypto derivatives platforms recently launched a mind-blowing double deposit bonus exciting. Plus, new users can take home a $50 welcome bonus! That’s because the exchange provides a whopping 100x leverage on futures contracts. Among other things, you can exchange major cryptocurrencies including BTC, ETH,...

NFT Tax Scandal: $13M Fraud Exposes Crypto Compliance Gaps

NFT Tax Scandal: $13M Fraud Exposes Crypto Compliance Gaps

The NFT market, which had reached an all-time peak earlier this year with boom-time fervor and valuations, has come crashing down in recent months. As the market cools, a crucial lesson emerges: tax compliance is not optional, even in the decentralized digital realm. Waylon Wilcox’s case serves as an important...

NFT Trader Faces Jail Time After $13 Million Tax Evasion

NFT Trader Faces Jail Time After $13 Million Tax Evasion

The practice recently motivated a 45-year-old NFT trader to plead guilty to tax evasion. He neglected to report over $13 million in income he made on trading non-fungible tokens (NFTs). This case signals the Internal Revenue Service’s (IRS) increased scrutiny toward trading in digital assets. It illustrates their deep desire...

Atkins' SEC Confirmation: Will Crypto Finally Get Clear Rules?

Atkins' SEC Confirmation: Will Crypto Finally Get Clear Rules?

The cryptocurrency landscape has been a raucous period of technological advancement and speculation, frequently overshadowed by a cloud of regulatory fog. Now that Paul Atkins has been confirmed as the new Chair of the Securities and Exchange Commission (SEC), what next? Will sunnier days be in store for the marketplace?...