Future of Bitcoin Under Trump
Trump won the presidential election, and Bitcoin rose by nearly fifty percent. The expectation of fewer regulations under a Trump administration is likely a big part of the post-election Bitcoin rally. However, more factors will weigh on the future of Bitcoin under Trump. How much of Bitcoin currently flirting with $100,000 is due to post-election […]
Second Trump Presidency and Your Finances
It would appear that the 2024 presidential election turned out much like that of 1992. It was “about the economy, stupid.” In other words it was about people’s finances. That being the case, how about a second Trump presidency and your finances? Will things be all rosy or will there be financial and economic pitfalls […]
Will We See a Surge of Crypto IPOs Post-election?
Now that the 2024 election is over we can go back to watching television without every ad featuring one politician attacking their opponent. In the crypto world the question is, will we see a surge of crypto IPOs post-election. Prior to the election Bloomberg speculated about this issue. There has been something of a crypto […]
Capital Gains on Your Bitcoin Profits
Italy stunned the crypto world recently by announcing that they will raise the capital gains tax of Bitcoin profits from 26% to 42%. How will an increase in capital gains taxes on Bitcoin affect trading in Italian bitcoin markets? Speculation is that traders will simply move to other “offshore” exchanges where such taxes are not […]
Crypto Under a Harris Administration
Kamala Harris does not hate cryptocurrencies but she does want them regulated. The Vice President and presidential candidate wants regulations that protect consumers and investors and are clear and predictable for those working in the broader cryptocurrency industry. When Harris spoke recently about her views on regulation the crypto market jumped up in price. The […]
Profit Potential of Crypto Derivatives
There are three ways to seek profits from assets like stocks, currencies, commodities, or cryptocurrencies. One is to buy and hold for the long term. The other is to buy and sell over the short term while trying to time the market’s ups and downs. The third is to trade derivatives of those assets with […]
Next Wave of Crypto ETFs
Now that the SEC has allowed both Bitcoin and Ether spot price ETFs the gates may have opened for more cryptocurrencies to be offered to the public in this manner. The next in line appears to be the 7th largest cryptocurrency, XRP. Bitwise is filing with the SEC to offer spot price ETFs of this […]
Tariffs and Your Investing
The United States will choose its next president next month. One of the issues raised in the campaign could have a significant economic impact on consumers and investors alike. Donald Trump says that if he is elected, he will put (unspecified) high tariffs on all imports from all over the world. The costs of these […]
What Does the Crypto Correlation with Stocks Mean?
As the investing world waited over the last month or so for the US Federal Reserve to lower interest rates the stock market rallied and so did cryptocurrencies. In fact, the two moved nearly in lockstep similar to when they fell together during crypto winter and rose again a year or so later. Considering that […]
Crypto Bets on the Presidential Election
It is illegal for anyone in the USA to accept bets on the outcome of an election in the USA. Nevertheless, there are extensive bets on the outcome of the 2024 US presidential election. In fact, the Polymarket decentralized crypto market has registered $1 billion in crypto wagers on the outcome of this year’s contest […]