Cryptocurrency is known for its volatility, something that certainly attracts a lot of daytraders and people hoping for quick and easy returns, but it can also worry some potential investors. People wary of crypto might point to its volatility as a bad sign, especially recently when Bitcoin hit a new all time high only to…
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Here at BitIRA, we love just about everything about crypto. Except taxes. Let’s face it – crypto taxes can be a real headache. As with everything relating to the IRS, getting the answers absolutely right is critical. Nobody wants to find out their series of profitable trades comes with a surprise bill… Our mission is…
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If you haven’t heard it yet, it’s time to listen up: the boarding whistle for the crypto train is blowing, and it’s not a train you want to miss. In the past week, Bitcoin hit its highest level since 2021 – along with reaching its all-time high against many of the world’s leading currencies. It’s…
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The cryptocurrency sphere is abuzz with one phrasing echoing around the world: Bitcoin halving! There’s a good reason why so many investors are talking about it, and if you aren’t familiar with what it means, now is the time to learn – particularly due to the potentially huge impact it will have on the value…
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After a decade-long incubation period, spot Bitcoin ETFs have exploded onto the scene to unrivaled market enthusiasm. It’s been enough for Bitcoin to reach over $50,000 in the past week, reclaiming a price point it last held in late 2021 – and for Michael Saylor of Microstrategy to declare Bitcoin to be the “world’s most…
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Does it really matter who Satoshi Nakamoto is? Over the past few days, the crypto world has been holding a magnifying lens up to the trial of one Craig Wright – an otherwise relatively unremarkable Australian who is claiming to be the rather remarkable creator of Bitcoin, Satoshi Nakamoto. The latter has long been shrouded…
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The financial troubles China has been experiencing over the past few years are coming to a head, and with it, the potential for bitcoin as a safe haven during economic distress is being highlighted. Despite bitcoin being illegal in the county, Chinese citizens are buying it up in record amounts as the government is clamping…
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If you have a significant amount of purchasing power, and you feel strongly that a commodity is going to have a strong return on long term value, what would you do? For most investors, the answer is to buy more of it – and that’s exactly what cryptocurrency whales (holding more than 1,000 Bitcoin) are…
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Is this the year cryptocurrency makes its big comeback? Signs are pointing strongly in that direction as analysts look beyond the frenzy of attention generated by the approval of the Bitcoin spot ETFs and to the momentum established by regulatory gains and institutional adoption last year. Tellingly, public interest in Bitcoin – based on Google…
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The announcement on Wednesday that the Securities & Exchange Commission (SEC) approved all 11 Bitcoin ETF applications on its desk served to ignite the crypto market with a flood of excitement and investment. It’s just one of the many factors making 2024 look oh so promising for crypto. But what makes the Bitcoin ETFs such…
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