Articles for category: Crypto

Market News

Hawk Tuah Cryptocurrency Launch Faces Backlash: Understanding the Controversy Surrounding Its Introduction in the Market

Haliey Welch, known as the “Hawk Tuah Girl,” has come under fire after the launch of her cryptocurrency, $HAWK. Following its introduction on the Solana blockchain, the value of the coin dropped dramatically by 95%, raising concerns of a potential “rug pull.” Investors have claimed that they may have fallen victim to manipulation, prompting some ...

Market News

Czech Republic HODLers: Enjoy Zero Capital Gains Tax on Bitcoin from January 2024 for Long-Term Investments

The Czech Republic has approved a new amendment that allows individuals to exempt certain income from cryptocurrency transfers from personal taxation, starting January 1, 2025. To qualify for this exemption, individuals must ensure their gross annual income from crypto transactions does not exceed CZK 100,000 and that they hold the digital assets for more than ...

Market News

MicroStrategy’s Secret Sauce: Harnessing Volatility for Strategic Gains Beyond Bitcoin Investments

MicroStrategy’s journey is a remarkable tale of transformation and financial strategy. Once on the brink of bankruptcy, the company shifted its focus to becoming a major player in Bitcoin investments, led by its charismatic co-founder, Michael Saylor. By issuing convertible bonds with zero interest, MicroStrategy has funded its Bitcoin purchases while taking advantage of its ...

Market News

Bitcoin Bonnie and Clyde: How a ‘Cringey’ TikTok Couple Pulled Off a £3.5bn Heist

Aspiring rapper Heather Morgan, known as Razzlekhan, recently drew attention for her bizarre link to a £3.5 billion cryptocurrency heist. Initially perceived as an eccentric artist, Heather’s rap lyrics hinted at her involvement in illegal activities. Alongside her husband Ilya Lichtenstein, she was convicted of laundering stolen Bitcoin linked to the 2016 Bitfinex hack. Their ...

Market News

Online Stars Face Criticism Over Crypto Coins: Impact on Fandom and Finance

Haliey Welch, popularly known for the viral “Hawk Tuah” meme, is under fire after her new cryptocurrency saw a drastic drop in value. Initially reaching a Market cap of $490 million shortly after its launch, the coin plummeted by over 95% within hours. Critics, including YouTube investigator Coffeezilla, are accusing her of possibly orchestrating a ...

Market News

Stock Market Today: Live Updates on Trends, Movements, and Investment Opportunities

Barclays reports that historically, when the Republican Party has unified control over the U.S. government, stocks tend to perform well. With only four instances of this since 1949, the S&P 500 showed median returns significantly higher during these periods compared to divided government. Sectors like financials, technology, and commodities particularly thrived. Meanwhile, BMO Capital Markets ...

Market News

Uncover the Market’s Top Stock: A Monster Performance That Outshines Competitors Every Time

MicroStrategy, a company known for its enterprise software, has made headlines by investing heavily in Bitcoin over the past four years, resulting in an astonishing 2,700% return for its shareholders. Currently, the firm owns around 402,100 Bitcoins worth approximately $39.1 billion. Initially funding its Bitcoin purchases with company resources, MicroStrategy now relies on raising debt ...

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto