In the National Basketball Association, a major trend in 2019 was the strong resurgence of the Eastern Conference, which in previous years had been lagging in competitiveness and overall performance when compared to the teams in the Western Conference. The Brooklyn Nets were basically a lottery team the previous year, but they had a breakout…
At the 11th summit of the BRICS emerging economies in Brasilia, an interesting proposal involving cryptocurrencies was discussed. The director of Russia’s foreign investment authority proposed that a new system to settle large payments between the countries should be explored, and it could involve the use of a single digital currency. Developing a Digital Currency…
Trade Cryptocurrencies Could you reasonably trust Google search volume and trends to take positions on Bitcoin, Ripple, and other digital currencies? According to economists from the National Bureau of Economic Research, the capital asset pricing model and time-series momentum theory show a correlation between internet search queries and the valuation of cryptocurrencies. Aleh Tsyvinski and…
As the digital currency revolution continues to unfold around the world, more people are showing interest in acquiring these currencies and exploring investment opportunities. For most beginners, the best starting point is a regulated exchange such as Bittrex. Starting with Cryptocurrency Investments For newcomers to the cryptocurrency world, getting started may result in an experience…
There was a time when an initial public offering (IPO) was considered to be the hottest ticket on Wall Street, but that excitement is giving way to a funding strategy known as initial coin offering (ICO). Similar to IPOs, companies that develop cryptocurrencies are using ICOs to fund their operations, and prospective investors are very…
IRS Seeks to Tax Cryptocurrency Investors If Bitcoin and other digital currencies are not regulated by the United States Treasury, could the Internal Revenue Service apply and enforce taxation? With more investors looking at the cryptocurrency exchange markets as a potential platform for profit, learning about the taxation status of Bitcoin, Ethereum and other virtual…