Last week, luxury fashion house Gucci announced they would start accepting digital assets, cryptocurrencies, as a means of payment.
by Matin VarshochiThe future of the metaverse changes the way we socialize, work, and communicate. The metaverse offers a variety of ways to be able to put money in your bank account.
by Sha'Kreshia TerrellThe Internal Revenue Service (IRS) has decided to begin taxing cryptocurrency profits as many did not report having crypto assets, leading to them understating their income and the amount of taxes paid.
by Viviana VazquezBefore the rise of cryptocurrency, the only way to purchase items was through cash, or cash equivalents, such as debit cards and credit cards. However, over the past couple of years, the rise in popularity of different cryptos has caused them to become slowly integrated into our daily lives.
by Matin VarshochiRap legend Nas announced that he has partnered with Royal, a song ownership platform, and has executed an NFT drop. In the drop, consumers have the opportunity to purchase NFTs that will allow them to receive varying levels of streaming royalty rights.
by Viviana VazquezAs the holiday season approaches, many people are struggling to find the perfect present for their loved ones. If you're looking for a non-traditional gift, consider gifting crypto or NFTs. Here's how gifting digital assets make for a unique present.
by Viviana VazquezOn December 14, 2021, Tesla CEO Elon Musk tweeted he would accept Dogecoin as payment when purchasing select items from the Tesla merchandise store. The announcement by Musk caused the value of Dogecoin to increase by 20%.
by Matin VarshochiBitcoin’s price surged to an all-time high of $66,974 on Wednesday, October 20, 2021. Many speculate the price increase was due to Bitcoin’s futures ETF, BITO, debuting on the New York Stock Exchange.
by Viviana VazquezStatistics show that 78% of retired National Football League (NFL) players go broke within two years of retiring, and 60% of former National Basketball Association (NBA) players go broke five years after retiring.
by Matin VarshochiTwitter CEO Jack Dorsey announced he would be allowing the users of its platform to tip their favorite content creators with Bitcoin starting with Apple iOS users beginning this week.
by Viviana VazquezThe Chinese central bank released a statement on Friday, September 24, 2021 stating that they are prohibiting the use and mining of all cryptocurrencies.
by Viviana Vazquez