Blog (Page 7)
Legal Status Of Virtual Currencies/Cryptocurrencies In India
Legality of cryptocurrencies has been one of the major point of concern in India. It has kept many investors on a side where people think that investing in cryptocurrencies might put them in trouble or they might even lose their money. This is completely a hoax as investors have been involved in this excellent money multiplication process for a quite long time. If we keep aside the ponzi MLM based projects in India or world and we... ❯❯❯
Cryptocurrency and Taxation Challenges
Cryptocurrencies have been in the news recently because tax authorities believe they can be used to launder money and evade taxes. Even the Supreme Court appointed a Special Investigating Team on Black Money recommended that trading in such currency be discouraged. While China was reported to have banned some its largest Bitcoin trading operators, countries such as the USA and Canada have laws in place to restrict stock trade in... ❯❯❯
Cryptocurrency's Rocky Road: China's ICO Ban
In the wake of China's ICO ban, what befalls the world of cryptocurrencies? The biggest event in the cryptocurrency world recently was the declaration of the Chinese authorities to shut down the exchanges on which cryptocurrencies are traded. As a result, BTCChina, one of the largest bitcoin exchanges in China, said that it would be ceasing trading activities by the end of September. This news catalysed a sharp sell-off that left... ❯❯❯
Is There a Correlation Between The Dow Jones & Cryptocurrency?
After a rather nice bull run The Dow Jones Industrial Average has had a rough couple of weeks. Cryptocurrency also is experiencing a correction. Could there be a correlation between the two investment worlds? We need to be careful using vague terms like "bull and bear markets" when crossing over into each investment space. The main reason for this is that cryptocurrency over the course of its amazing 2017 "bull run" saw gains of well... ❯❯❯
Cloud Mining Contracts - Are They a Good Investment?
As readers of my blog know, I will only promote products and/or services that I myself use or invest in. I wanted to provide an update to the cloud mining contracts that I recently purchased. Cloud mining works differently than traditional mining in that you do not purchase any hardware to do the mining for you. This means you do not incur large electricity costs associated with owning your own machine. It is all done by others and you... ❯❯❯
Using Blockchain to Enable Faster Cross Border Remittance
Fintech as a whole is rapidly adopting potential applications of the blockchain across the board and many players in the space seem keen to test out what efficiencies can be extracted out of this emerging technology in the fastest and most disruptive way possible. It's clear that there is much room for growth in the space of remittances using distributed ledger technology. Existing Remittance Options Take Too Long Currently, anyone... ❯❯❯