What Is the Law of Supply and Demand? The law of supply and demand combines two fundamental economic principles describing how changes in the price of a resource, commodity, or product affect its supply and demand. As the price increases, supply rises while demand declines. Conversely, as the price drops, supply constricts while demand grows. […]
The Internal Revenue Service, or IRS, is a public authority of the United States Federal Government. The IRS is responsible for all tax collection and controls the implementation of tax legislation. The service was formed in 1862 and is headquartered in Washington, D.C. There is currently an essential issue concerning the IRS regarding cryptocurrency taxation. […]
The Securities and Exchange Commission, or SEC, is an independent agency within the United States government tasked with regulating the securities markets in a way that protects the public from fraud, maintains fair and efficient markets, and facilitates healthy capital formation in the U.S. and its jurisdictions. The emergence of cryptocurrencies with the advent of […]
If you are new to cryptocurrency, you should have heard about altcoin. So, what is an altcoin? Does it have anything to do with Bitcoin? Let’s explore. An Altcoin is a technical term used to differentiate other coins from Bitcoin. Put, any cryptocurrency different from Bitcoin is termed “Altcoin.” Simple, right? The word “Altcoin” can […]
Penny stocks are shares of small companies that trade for less than $5 per share. They are highly speculative investments, meaning they carry a high risk. Usually, traders looking for short-term gains use penny stocks rather than long-term investors looking to build wealth. But investors are often allured by penny stocks because they are relatively […]
An IPO, or initial public offering, refers to privately-owned companies selling the business’s shares to the general public for the first time. “Going public” has benefits: it can boost a company’s profile, bring prestige to the management team, and raise cash to expand the business. But there are downsides to going public as well. The […]
Business Process Model and Notation (BPMN) is a graphical representation for specifying business processes in a business process model. Initially developed by the Business Process Management Initiative (BPMI), BPMN has been maintained by the Object Management Group (OMG) since the two organizations merged in 2005. Version 2.0 of BPMN was released in January 201, when the name was amended to Business Process Model and Notation to reflect the introduction […]
Data visualization is represented through standard graphics, charts, plots, infographics, and animations. These visual displays of information communicate complex data relationships and data-driven insights in a way that is easy to understand. Data visualization can be utilized for various purposes, and it’s important to note that it is not only reserved for data teams. Management […]
What Is Indemnity? An indemnity is a comprehensive form of insurance compensation for damages or loss. When indemnity is used legally, it may also refer to an exemption from liability for damages. Indemnity is a contractual agreement between two parties. In this arrangement, one party agrees to pay for potential losses or damages caused by another party. A typical […]
While “cryptocurrency” is often used as an umbrella term to describe all digital assets, several specific types of cryptos exist. Most of them fall into two main categories: coins and tokens. Coins, or currencies, have one function: to transfer monetary value. Bitcoin (BTC) and Litecoin (LTC) are good examples of currencies. On the other hand, […]
Tax-loss harvesting is a popular tactic used by many investors who hold traditional assets such as stocks or bonds, and it can also be applied to cryptocurrency investments. Crypto tax-loss harvesting follows the same principles as ordinary tax-loss harvesting, except crypto investors can use it to reduce their tax liabilities. Crypto tax-loss harvesting is particularly […]
Terms of service (also known as terms of use and terms and conditions, commonly abbreviated as TOS or ToS, ToU, or T&C) are the legal agreements between a service provider and a person who wants to use that service. The person must agree to abide by the terms of service to use the offered service Terms of service can also be merely a disclaimer, especially regarding the use of websites. […]
If you’re the type of person who researches every big purchase, hoping to get the highest quality merchandise or service for the least amount of money possible—whether it’s a TV, a smartphone, or a car—you’re a value shopper. Value investors bring that same concept to building a stock portfolio. They seek out stocks they believe […]
If you’ve never bought or sold stocks, trading for the first time might be daunting. But once you’ve done your homework and have developed the proper habits, it’s not nearly as intimidating. One of the critical skills to learn is how to evaluate a stock. Some ground rules can help educate and empower you to […]
You already know that some debt can help you meet your financial goals. Taking out a mortgage on your house, for example, or borrowing money to go to college and help build financial security. Companies use debt, also known as leverage, to help them accomplish business goals and finance operating costs. The ratio used to […]
Buy. Sell. Hold. Buying and selling stocks can sound exciting, complicated, and confusing all at once. But it doesn’t have to be. The first step to understanding when to buy and sell stocks is knowing how a stock market or stock exchange works. The first thing to know: There isn’t just one stock market—there are many […]
You don’t need to know much about investing to be an investor. You can hire someone to do the work for you, and let a professional make a plan, choose the products, and sweat the small stuff for you. You can … … But you may find that you’re still sweating the big stuff. Sweating […]
Warren Buffett once said it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful.” This statement is somewhat of a contrarian view of stock markets and relates directly to the price of an asset. When others are greedy, prices typically boil over, and one should be cautious lest they […]
Crypto Terms The world of cryptocurrencies and blockchain networks is awash in terminology and jargon that can sometimes sound strange or confusing. Given that the language of crypto is evolving daily, it can be helpful to brush up on standard terms and definitions. A Airdrop When a company “drops” cryptocurrency into an investor’s wallet, usually […]
What Is a Receipt? A receipt is a written acknowledgment that something of value has been transferred from one party to another. In addition to the receipts consumers typically receive from vendors and service providers, receipts are also issued in business-to-business dealings and stock market transactions. For example, the holder of a futures contract is […]
FUD stands for “Fear, Uncertainty, and Doubt.” FUD stands for “fear, uncertainty, and doubt” and refers to a general mindset of pessimism about a particular asset or market, manipulating investor or consumer emotions so that they succumb to FUD. While the term “fear, uncertainty, and doubt” has been in circulation for a century or so, […]
DeFi, short for decentralized finance, is more than just a popular buzzword in cryptocurrency. It’s a concept that is disrupting the centralized financial services model, equalizing access and bringing more control to users across the globe. In this article, we will cover everything a consumer might want to know about DeFi, including: • What is […]
Much of the focus here is on discussing the most basic options concepts and building from there. The other main focus is on guiding your understanding of how options work. That knowledge allows you to use options effectively. It’s easy for someone who considers themself to be an options educator to tell people that they should buy call options when […]
What Is Capital Structure? Capital structure is a company’s combination of debt and equity to finance its operations and growth. Equity capital arises from ownership shares in a company and claims to its future cash flows and profits. Debt comes in bond issues or loans, while equity may go in now common stock, preferred stock, or […]
The fear of missing out on a stock is all too real. FOMO, or “fear of missing out,” applies to the anxiety of potentially passing up a profitable investment, just as it applies to missing out on a great concert or a college reunion. For investors who visualize a scenario where a stock rises sharply […]
When dealing with investments, it’s essential to understand the different asset classes and which investments fall into each. An asset class is a collection of similar investments—including how they behave in the marketplace, the purchasing process, and how the government regulates them. Historically, there have been three primary asset classes, but today financial professionals generally […]
Commodities are an essential aspect of most American’s daily life. A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Traditional examples of commodities include grains, gold, beef, oil, and natural gas. For investors, commodities can be an essential way to diversify their portfolios beyond traditional securities. […]
Ultra-secure Trezor and software wallet Exodus are top choices. We recommend the best products through an independent review process, and advertisers do not influence our picks. We may receive compensation if you visit partners we recommend. ZPenterprises does not give direct financial advice; we bring attention to relevant trends. Please do your research. Final Verdict With […]
Intangible property, also known as incorporeal property, is something that a person or corporation can own and transfer to another person or corporation but has no physical substance, for example, brand identity or knowledge/intellectual property. It generally refers to statutory creations, such as copyright, trademarks, or patents. It excludes tangible property like real property (land, buildings, and fixtures) and personal property (ships, automobiles, tools, etc.). In some jurisdictions, intangible properties are referred to […]
Financial Institution – A “financial institution” includes any person doing business in one or more of the following capacities: (1) Bank (except bank credit card systems) (2) Broker or Dealer in Securities (3) Money Services Business (4) Telegraph Company (5) Casino (6) Card Club (7) A person subject to supervision by any state or federal bank supervisory authority […]
What Is Currency? Currency is a medium of exchange for goods and services. In short, it’s money, in the form of paper and coins, usually issued by a government and generally accepted at its face value as a payment method. Currency is the primary medium of exchange in the modern world, having long ago replaced bartering as […]
What Is an Initial Coin Offering (ICO)? An initial coin offering (ICO) is the cryptocurrency industry’s equivalent of an initial public offering (IPO). A company seeking to raise money to create a new coin, app, or service can launch an ICO to raise funds. Interested investors can buy into an initial coin offering to receive a new cryptocurrency token issued […]
FinTech (financial technology) is a catch-all term. FinTech (financial technology) is a catch-all term referring to software, mobile applications, and other technologies created to improve and automate traditional forms of finance for businesses and consumers alike. FinTech can include everything from straightforward mobile payment apps to complex blockchain networks housing encrypted transactions. This guide will […]
What is a Crypto Hardware Wallet? Unlike software wallets, which are vulnerable to security holes and hackers, offline hardware wallets were developed so that you no longer have to trust software on your computer to hold your private keys. Hardware wallets store your private keys on a physical device with specialized firmware that prevents your […]
What Is a Mobile Wallet? A mobile wallet is a digital wallet that stores payment card information on a mobile device. Mobile wallets are a convenient way for a user to make in-store payments and can be used by merchants listed with the mobile wallet service provider. Understanding a Mobile Wallet The business-consumer relationship is becoming increasingly […]
What Is a Paper Wallet? A paper wallet is a piece of paper with your private and public keys printed out. Some paper wallets might also have a scannable barcode created by an app. It is a way to store and take access to your cryptocurrency offline. When you print your keys, they are removed from the […]
What Is a Digital Wallet? A digital wallet (or electronic wallet) is a financial transaction application that runs on mobile devices. It securely stores your payment information and passwords. These applications allow you to pay when you’re shopping using your device, so you don’t need to carry your cards around. You enter and store your credit card, […]
What Is the Consumer Price Index (CPI)? The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers. The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a basket of goods and services representative of aggregate U.S. consumer spending. The CPI is one of the most popular measures of inflation and […]
Digital banking (online and mobile banking) makes managing finances easy. With digital banking technology, you can pay bills, deposit checks and transfer money from wherever you’re located. Due mainly to their convenience, online and mobile banking are the two most popular ways to bank. More than three-quarters of Americans (78%) prefer to bank digitally. But […]
In response to the FTX insolvency, the crypto markets have been in a risk-off mood, with asset prices falling precipitously for all crypto tokens, fungible and nonfungible. The aggregate market cap of all cryptocurrencies fell 23% to $786 billion from $1.02 trillion within four days. Nansen’s NFT-500 index indicates prices of nonfungible tokens (NFTs) on […]
The commodity market is a market where traders buy and sell commodities. Commodities are raw materials or primary agricultural products. In other words, things that farmers, mining companies, and oil and gas companies produce or extract. The commodity market is similar to the equity market. However, in the equity market, people buy and sell shares. Goldrate.com has the […]
What Is a Legal Monopoly? A legal monopoly refers to a company that is operating as a monopoly under a government mandate. A legal monopoly offers a specific product or service at a regulated price. It can either be independently run and government-regulated or both government-run and government-regulated. A legal monopoly is also known as a “statutory monopoly.” […]
What Is an Application-Specific Integrated Circuit (ASIC) Miner? An application-specific integrated circuit (ASIC) is an integrated circuit chip designed for a specific purpose. An ASIC miner is a computerized device that uses ASICs for the sole purpose of “mining” digital currency. Generally, each ASIC miner is constructed to mine a specific digital currency. So, a […]
What Is Litecoin (LTC) Mining? Litecoin (LTC) is a cryptocurrency created as a fork of Bitcoin in 2011. It uses a hashing algorithm called Scrypt that requires specifically designed mining software and hardware. It is minable and continues to rank in the top cryptocurrencies for value and trading volume. Litecoin mining is validating transactions in […]
The Financial Action Task Force (FATF) is an intergovernmental organization that designs and promotes policies and standards to combat financial crime. Recommendations created by the Financial Action Task Force (FATF) target money laundering, terrorist financing, and other threats to the global financial system. The FATF was built in 1989 at the behest of the G7 and […]
What Is Aggregate Supply? Aggregate supply, also known as total output, is the total supply of goods and services produced within an economy at a given overall price in a given period. It is represented by the aggregate supply curve, which describes the relationship between price levels and the number of output firms are willing to provide. […]
What Is the Gold Standard? The gold standard is a fixed monetary regime under which the government’s currency is set and may be freely converted into gold. It can also refer to a freely competitive economic system in which gold or bank receipts for gold act as the principal medium of exchange; or to a […]
What Was the Great Depression? The term “Great Depression” refers to modern history’s most significant and prolonged economic recession. The Great Depression ran between 1929 and 1941, the same year that the United States entered World War II 1941. This period was accentuated by several economic contractions, including the stock market crash of 1929 and banking panics […]
What Is Keynesian Economics? Keynesian economics is a macroeconomic theory of total spending in the economy and its effects on output, employment, and inflation. British economist John Maynard Keynes developed it during the 1930s to understand the Great Depression. The central belief of Keynesian economics is that government intervention can stabilize the economy. Keynes’ theory was the first […]
In 1913, the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S. government. In addition to the board of governors, the board of directors, and the Federal Open Market Committee (FOMC), the act formed a system of 8 to 12 Federal Reserve Banks spread out across […]
The U.S. Treasury, created in 1789, is the government department responsible for issuing all Treasury bonds, notes, and bills. The Internal Revenue Service (IRS), the U.S. Mint, the Bureau of the Fiscal Service, and the Alcohol and Tobacco Tax and Trade Bureau are among the government departments operating under the U.S. Treasury umbrella. Critical functions of the […]
What Is the Federal Open Market Committee (FOMC)? The term Federal Open Market Committee (FOMC) refers to the branch of the Federal Reserve System (FRS) that determines the direction of monetary policy in the United States by directing open market operations (OMOs). The committee comprises 12 members, including seven members of the Board of Governors, the president of […]
What Is Reaganomics? Reaganomics is a popular term referring to the economic policies of Ronald Reagan, the 40th U.S. president (1981–1989). His policies called for widespread tax cuts, decreased social spending, increased military spending, and the deregulation of domestic markets. These economic policies were introduced in response to a prolonged period of economic stagflation that began under President Gerald […]
What Is the Federal Reserve Board (FRB)? The Board of Governors of the Federal Reserve System, also known as the Federal Reserve Board (FRB), is the governing body of the Federal Reserve System. The FRB was established by the Banking Act of 1935. The members are statutorily tasked with giving a “fair representation of the country’s […]
What Is Supply-Side Economics? Supply-side economics is a theory that maintains that increasing the supply of goods and services is the engine of economic growth. It advocates tax cuts to encourage job creation, business expansion, and entrepreneurial activity. Supply-side economics may be seen as the polar opposite of Keynesian economics, or demand-side economics, which asserts […]
What Is Laissez-Faire? Laissez-faire is an economic theory from the 18th century that opposed government intervention in business affairs. The driving principle behind laissez-faire, a French term that translates to “leave alone” (literally, “let you do”), is that the less the government is involved in the economy, the better business will be, and by extension, […]
What Is Say’s Law of Markets? Say’s Law of Markets comes from chapter XV, “Of the Demand or Market for Products,” of French economist Jean-Baptiste Say’s 1803 book, Treatise on Political Economy, Or, The Production, Distribution, and Consumption of Wealth. It is a classical economic theory that says that the income generated by past production and sale of goods […]
Jean-Baptiste Say (1767-1832) was a French classical liberal economist and scholar. Say was born in Lyon and had a distinguished career. He served on a government finance committee under Napoleon. He taught political economy at the Athénée, the Conservatoire National des Arts et Metiers, and the College de France, where he was named chair of […]
What Is a Central Bank? A central bank is a financial institution given privileged control over the production and distribution of money and credit for a nation or a group of countries. In modern economies, the central bank is usually responsible for formulating monetary policy and regulating member banks. Central banks are inherently non-market-based or […]
The Federal Reserve raised its benchmark interest rate on Wednesday for the sixth time in a row to a range of 3.75% to 4%. While there may be plenty of downside in the form of higher consumer borrowing costs, one positive outcome is that your savings may start earning a little money after years of barely-there interest. “Interest […]
Keynesian economists believe that the primary factor driving economic activity and short-term fluctuations are the demand for goods and services. The theory is sometimes called demand-side economics. This perspective is at odds with classical economic theory, or supply-side economics, which states that the production of goods or services, or supply, is of primary importance in economic growth. Understanding […]
Seigniorage is the difference between the face value of money, such as a $10 bill or a quarter coin, and the cost to produce it. In other words, the cost of producing a currency within a given economy or country is lower than the actual exchange value, which generally accrues to governments that mint the […]
Exchange rate, The price of a country’s money is about the country’s capital. A financial exchange rate is “fixed” when countries use gold or another agreed-upon standard. and each currency is worth a specific measure of the metal or other benchmark. An exchange rate is “floating” when supply and demand or speculation sets exchange rates (conversion units). If a country imports large quantities […]
What Is Devaluation? Devaluation is the deliberate downward adjustment of the value of a country’s money relative to another currency, group of currencies, or currency standard. Countries that have a fixed exchange rate or semi-fixed exchange rate use this monetary policy tool. It is often confused with depreciation and is the opposite of revaluation, which refers to the readjustment […]
DEFINITION GDP stands for “Gross Domestic Product” and represents the total monetary value of all final goods and services produced (and sold on the market) within a country during a period (typically one year). PURPOSE GDP is the most commonly used measure of economic activity. HISTORY The first fundamental concept of GDP was invented at […]
What Is the Money Supply? The money supply is all the currency and other liquid instruments in a country’s economy on the date measured. The money supply includes cash and deposits that can be used almost as quickly as cash. Governments issue paper currency and coins by combining their central banks and treasuries. Bank regulators […]
What Is Dollarization? Dollarization is when the U.S. dollar is used in addition to or instead of the domestic currency of another country. It is an example of currency substitution. Dollarization usually happens when a country’s currency loses its usefulness as a medium of exchange due to hyperinflation or instability. KEY TAKEAWAYS Dollarization is when a […]
Role of the Treasury The U.S. Department of the Treasury’s mission is to maintain a strong economy and create economic and job opportunities by promoting the conditions that enable economic growth and stability at home and abroad, strengthen national security by combating threats and protecting the integrity of the financial system, and manage the U.S. Government’s finances […]
Struggling to dampen inflation, the Federal Reserve announced a widely expected fourth consecutive “jumbo” 0.75 percentage point rate hike on Wednesday. While raising interest rates can slow inflation by making borrowing more expensive and, therefore, less appealing. However, the move further increases debt costs for Americans already struggling with rising prices on everything, including necessities like food and rent. […]
The last time inflation levels were this high in the US and Europe, flared trousers were in, roller discos were all the rage, and no one had heard of Steve Jobs. It’s safe to say that, for many people, high inflation is something new. Take the US. Today, inflation is an important news item as […]
What Is Litecoin (LTC)? Litecoin (LTC) is a cryptocurrency created from a fork in the Bitcoin blockchain in 2011. It was initially designed to address the developer’s concerns that Bitcoin was becoming too centrally controlled and to make it more difficult for largescale mining firms to gain the upper hand in mining. While eventually unsuccessful in preventing […]
What Is a Meme Coin? A meme coin is a cryptocurrency term for popular currencies, sometimes depicted with comical or animated “memes” supported by enthusiastic online traders and followers. But while meme coins may be fun, they are also hazardous investments and may hold little or no intrinsic value. DOGECoin, Shiba Inu, and other currencies that […]
Elon Musk has finally completed his takeover of Twitter. Musk sealed the $44 billion deal late Thursday, vowing the social media platform would not become a ‘free-for-all hellscape.’ Musk shifted his opinion on whether to buy the company after a series of losses in court in matters related to scheduling and discovery, according to people […]
DOGE was created as a lighthearted alternative to traditional cryptocurrencies, but it’s become precious. For most of its existence, Dogecoin was generally considered an amusing “meme coin” beloved by its community — but with relatively little value. That changed in 2021: as of April, Dogecoin became one of the ten biggest cryptocurrencies by market cap — with a […]
DOGECoin, the cryptocurrency branded after a viral dog meme from 2013, is up 35% since Monday as Elon Musk’s deal to buy Twitter approaches a close. The token price often moves in lockstep with comments made by the Tesla CEO. DOGE is up 10% in the last 24 hours after the SpaceX chief changed his […]
Mining ETCHASH with 3 and 4 MB and beyond GPU mining. WhatToMine.com today, as of this post 22OCT2022, said ETCHASH (ETC) is the most profitable for my setup today, so I decided to write an article for a “blow-by-blow” setup. Mind you, you should always check WhatToMine.com for their best bets for what to mine […]
Elon Musk is reportedly planning to fire nearly three-quarters of Twitter’s staff once his takeover deal officially goes through. As the SpaceX founder’s USD $48 million (AUD $76m or £42m) deal is set to close by the end of this month, Musk has significant cuts in place for the company’s employees, according to documents seen by The Washington Post. The documents reportedly state […]
The shake-up after the merge has undoubtedly changed the proof of work of crypto in mining. Not forever, but it has changed the landscape for sure. These pictures are new additions to my crypto family in the death throws while “scalping” GPUs dirt cheap. But the returns are not all that favorable. I don’t think […]
Technology major Google has teamed up with cryptocurrency exchange platform Coinbase as it looks to allow cryptocurrency payments for its cloud services. According to a press release, the two entities will leverage their strengths towards building the next iteration of the internet, dubbed Web3. Web3 is the vision for the world wide web, where the […]
Is Paypal becoming the internet’s “Thought Police?” Next time you’re clicking through one of those impossibly long and impenetrable legal disclaimers to a company’s terms of service, it may be time to look closer. A new policy in PayPal’s fine print triggered a storm of outrage over apparent plans to impose, starting on Nov. 3, a […]
I know, I know… ETH / Ethereum mining is over. People are hemorrhaging and selling cards like crazy, like a liquidation market gone astray. I will capitalize on this and play the long game. The “Hail Marry” has to be at the end of the rainbow of Crypto Mining! This is the 3rd 3060 card […]
Crypto mining, PoW, or Proof of Work with ETH is over. Vitalik Buterin and ETH decided to go to proof of steak, er stake lol; not long ago were days of passive income with Ethereum (ETH). Well, I have solar on my roof now, and that silly white stuff called snow is coming. So I […]
Both the SEC and Ripple have filed motions for summary judgment, each asking the judge to rule in their favor without a trial. XRP, a cryptocurrency initially launched by the founders of crypto payments company Ripple, jumped 11% early Friday morning following an intense week of gains—and hope from investors that the SEC’s lawsuit against […]
Stock exchanges are platforms that allow investors to buy and sell stocks in a venue that is regulated and transparent. These exchanges enable investors of all stripes to trade stocks, potentially benefiting from a stock’s share price appreciation and dividend payments. Stock exchanges help the stock market and are a big part of the economy. Understanding stock […]
One crypto intelligence firm revisits its selloff predictions from a month ago. Predictions that the Ethereum merge would be a “buy the rumor, sell the news” event have primarily played out in the wake of the much-anticipated update to the second-largest cryptocurrency by market cap. At least, that’s the post-merge conclusion of Glassnode, a crypto […]
Proof-of-stake is a method of maintaining integrity in a blockchain, ensuring users of a cryptocurrency can’t mint coins they didn’t earn. Proof-of-stake is a method of maintaining the integrity of a cryptocurrency, preventing users from printing extra coins they didn’t earn. While a different method, called proof-of-work, is currently used by Bitcoin and Dogecoin, for example. Proof-of-work and proof-of-stake […]
Now redundant, Ethereum miners are flocking to other proof-of-work tokens after the network switched to a proof-of-stake consensus mechanism and finding slim pickings. Ethereum miners find it increasingly hard to make money after the Merge as too many are switching to alternative coins, crushing mining profitability. Earlier Thursday, Ethereum, the world’s second-largest blockchain network, switched its consensus […]
Ripple is a money transfer network designed to serve the financial services industry’s needs. XRP is the native cryptocurrency that the Ripple network does, and it consistently lists among the top 10 cryptocurrencies by market capitalization. What Is Ripple? Ripple is the company behind XRP, and it’s a payment settlement system and currency exchange network that can process transactions […]
Emerging from the ashes of the financial wildfire that spread across the world in 2008, the seeds of a new digital financial ecosystem germinated from an email sent by Satoshi Nakamoto to a group of techies that November: “I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party. The paper […]
Even though Bitcoin only exists digitally, you’ve got to keep it somewhere, whether you’re hoping to use it to buy goods or services today or invest it for the long term. You’ll also need to begin using a Bitcoin wallet when you start buying Bitcoin. Luckily, crypto wallets generally work like physical billfolds—they keep up […]
Where do we go from here after the ETH Merge? So, I put considerable effort and funds into GPU mining before “The Merge” was understood and how it impacted crypto mining with ETH. Did I get into mining Crypto too late into “the game?” Maybe, I don’t know. The “rules” of the game changed while […]
The crypto industry is getting excited for a big event known as “the Merge,” — which proponents say could boost prices in the long run and significantly change the future of cryptocurrency. The Merge is an upgrade to the Ethereum blockchain, the technology that fuels the second largest cryptocurrency and other technologies in the crypto ecosystem, […]
Learn what you need to know before you invest in a virtual currency What Is Cryptocurrency? A cryptocurrency is a digital or virtual currency secured by cryptography, making it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they […]
Over half a dozen institutions and nonprofits are involved in establishing metrics, providing disclosure guidelines, and constructing surveys to establish ESG metrics. ESG refers to companies that try to meet higher environmental, social, and governance standards and securities based on those organizations. Given the growing interest in sustainable investing and new research that suggests these […]
What Are Accounts Receivable (AR)? Accounts receivable (AR) are the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. Accounts receivable are listed on the balance sheet as a current asset. Any amount of money customers owe for purchases made on credit is […]
Tesla has sold off 75 percent of its holdings in Bitcoin, which was worth about $2 billion at the middle of 2021, after making a considerable investment in the cryptocurrency in 2021. The value of Bitcoin has since crashed. During an investor call, Tesla CEO Elon Musk emphasized that the sale was about “overall liquidity” and did […]
After years of bulking up, the industry is bracing for recession. With recession fears mounting—inflation, the war in Ukraine, and the lingering pandemic taking a toll—many tech companies are rethinking their staffing needs, with some instituting hiring freezes, rescinding offers, and even starting layoffs. Microsoft Corp., Google, and Lyft Inc. are some of the latest companies to pull back. […]
JPMorgan strategists may have just called Bitcoin’s bottom price. Others suggest there’s still more pain ahead. In a recent report by Decrypt, investment bank JPMorgan estimates that the production cost to mine one Bitcoin has dropped from $24,000 at the start of June to just $13,000. Bitcoin’s production cost estimates the average cost for mining one Bitcoin daily. This cost […]
A correction is a sustained decline in the value of a market index or the price of an individual asset. A correction is generally agreed to be a 10% to 20% drop in value from a recent peak. Corrections can happen to the S&P 500, a commodity index, or even your favorite tech company shares. […]
What you need to know about these financial statements What Is a Balance Sheet? The term balance sheet refers to a financial statement that reports a company’s assets, liabilities, and shareholder equity at a specific time. Balance sheets provide the basis for computing rates of return for investors and evaluating a company’s capital structure. In short, […]
What Is the Law of Supply and Demand? The law of supply and demand combines two fundamental economic principles describing how changes in the price of a resource, commodity, or product affect its supply and demand. As the price increases, supply rises while demand declines. Conversely, as the price drops, supply constricts while demand grows. […]
The Internal Revenue Service, or IRS, is a public authority of the United States Federal Government. The IRS is responsible for all tax collection and controls the implementation of tax legislation. The service was formed in 1862 and is headquartered in Washington, D.C. There is currently an essential issue concerning the IRS regarding cryptocurrency taxation. […]
The Securities and Exchange Commission, or SEC, is an independent agency within the United States government tasked with regulating the securities markets in a way that protects the public from fraud, maintains fair and efficient markets, and facilitates healthy capital formation in the U.S. and its jurisdictions. The emergence of cryptocurrencies with the advent of […]
If you are new to cryptocurrency, you should have heard about altcoin. So, what is an altcoin? Does it have anything to do with Bitcoin? Let’s explore. An Altcoin is a technical term used to differentiate other coins from Bitcoin. Put, any cryptocurrency different from Bitcoin is termed “Altcoin.” Simple, right? The word “Altcoin” can […]
Penny stocks are shares of small companies that trade for less than $5 per share. They are highly speculative investments, meaning they carry a high risk. Usually, traders looking for short-term gains use penny stocks rather than long-term investors looking to build wealth. But investors are often allured by penny stocks because they are relatively […]
An IPO, or initial public offering, refers to privately-owned companies selling the business’s shares to the general public for the first time. “Going public” has benefits: it can boost a company’s profile, bring prestige to the management team, and raise cash to expand the business. But there are downsides to going public as well. The […]
Business Process Model and Notation (BPMN) is a graphical representation for specifying business processes in a business process model. Initially developed by the Business Process Management Initiative (BPMI), BPMN has been maintained by the Object Management Group (OMG) since the two organizations merged in 2005. Version 2.0 of BPMN was released in January 201, when the name was amended to Business Process Model and Notation to reflect the introduction […]
Data visualization is represented through standard graphics, charts, plots, infographics, and animations. These visual displays of information communicate complex data relationships and data-driven insights in a way that is easy to understand. Data visualization can be utilized for various purposes, and it’s important to note that it is not only reserved for data teams. Management […]
What Is Indemnity? An indemnity is a comprehensive form of insurance compensation for damages or loss. When indemnity is used legally, it may also refer to an exemption from liability for damages. Indemnity is a contractual agreement between two parties. In this arrangement, one party agrees to pay for potential losses or damages caused by another party. A typical […]
While “cryptocurrency” is often used as an umbrella term to describe all digital assets, several specific types of cryptos exist. Most of them fall into two main categories: coins and tokens. Coins, or currencies, have one function: to transfer monetary value. Bitcoin (BTC) and Litecoin (LTC) are good examples of currencies. On the other hand, […]
Tax-loss harvesting is a popular tactic used by many investors who hold traditional assets such as stocks or bonds, and it can also be applied to cryptocurrency investments. Crypto tax-loss harvesting follows the same principles as ordinary tax-loss harvesting, except crypto investors can use it to reduce their tax liabilities. Crypto tax-loss harvesting is particularly […]
Terms of service (also known as terms of use and terms and conditions, commonly abbreviated as TOS or ToS, ToU, or T&C) are the legal agreements between a service provider and a person who wants to use that service. The person must agree to abide by the terms of service to use the offered service Terms of service can also be merely a disclaimer, especially regarding the use of websites. […]
If you’re the type of person who researches every big purchase, hoping to get the highest quality merchandise or service for the least amount of money possible—whether it’s a TV, a smartphone, or a car—you’re a value shopper. Value investors bring that same concept to building a stock portfolio. They seek out stocks they believe […]
If you’ve never bought or sold stocks, trading for the first time might be daunting. But once you’ve done your homework and have developed the proper habits, it’s not nearly as intimidating. One of the critical skills to learn is how to evaluate a stock. Some ground rules can help educate and empower you to […]
You already know that some debt can help you meet your financial goals. Taking out a mortgage on your house, for example, or borrowing money to go to college and help build financial security. Companies use debt, also known as leverage, to help them accomplish business goals and finance operating costs. The ratio used to […]
Buy. Sell. Hold. Buying and selling stocks can sound exciting, complicated, and confusing all at once. But it doesn’t have to be. The first step to understanding when to buy and sell stocks is knowing how a stock market or stock exchange works. The first thing to know: There isn’t just one stock market—there are many […]
You don’t need to know much about investing to be an investor. You can hire someone to do the work for you, and let a professional make a plan, choose the products, and sweat the small stuff for you. You can … … But you may find that you’re still sweating the big stuff. Sweating […]
Warren Buffett once said it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful.” This statement is somewhat of a contrarian view of stock markets and relates directly to the price of an asset. When others are greedy, prices typically boil over, and one should be cautious lest they […]
Crypto Terms The world of cryptocurrencies and blockchain networks is awash in terminology and jargon that can sometimes sound strange or confusing. Given that the language of crypto is evolving daily, it can be helpful to brush up on standard terms and definitions. A Airdrop When a company “drops” cryptocurrency into an investor’s wallet, usually […]
What Is a Receipt? A receipt is a written acknowledgment that something of value has been transferred from one party to another. In addition to the receipts consumers typically receive from vendors and service providers, receipts are also issued in business-to-business dealings and stock market transactions. For example, the holder of a futures contract is […]
FUD stands for “Fear, Uncertainty, and Doubt.” FUD stands for “fear, uncertainty, and doubt” and refers to a general mindset of pessimism about a particular asset or market, manipulating investor or consumer emotions so that they succumb to FUD. While the term “fear, uncertainty, and doubt” has been in circulation for a century or so, […]
DeFi, short for decentralized finance, is more than just a popular buzzword in cryptocurrency. It’s a concept that is disrupting the centralized financial services model, equalizing access and bringing more control to users across the globe. In this article, we will cover everything a consumer might want to know about DeFi, including: • What is […]
Much of the focus here is on discussing the most basic options concepts and building from there. The other main focus is on guiding your understanding of how options work. That knowledge allows you to use options effectively. It’s easy for someone who considers themself to be an options educator to tell people that they should buy call options when […]
What Is Capital Structure? Capital structure is a company’s combination of debt and equity to finance its operations and growth. Equity capital arises from ownership shares in a company and claims to its future cash flows and profits. Debt comes in bond issues or loans, while equity may go in now common stock, preferred stock, or […]
The fear of missing out on a stock is all too real. FOMO, or “fear of missing out,” applies to the anxiety of potentially passing up a profitable investment, just as it applies to missing out on a great concert or a college reunion. For investors who visualize a scenario where a stock rises sharply […]
When dealing with investments, it’s essential to understand the different asset classes and which investments fall into each. An asset class is a collection of similar investments—including how they behave in the marketplace, the purchasing process, and how the government regulates them. Historically, there have been three primary asset classes, but today financial professionals generally […]
Commodities are an essential aspect of most American’s daily life. A commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Traditional examples of commodities include grains, gold, beef, oil, and natural gas. For investors, commodities can be an essential way to diversify their portfolios beyond traditional securities. […]
Ultra-secure Trezor and software wallet Exodus are top choices. We recommend the best products through an independent review process, and advertisers do not influence our picks. We may receive compensation if you visit partners we recommend. ZPenterprises does not give direct financial advice; we bring attention to relevant trends. Please do your research. Final Verdict With […]
Intangible property, also known as incorporeal property, is something that a person or corporation can own and transfer to another person or corporation but has no physical substance, for example, brand identity or knowledge/intellectual property. It generally refers to statutory creations, such as copyright, trademarks, or patents. It excludes tangible property like real property (land, buildings, and fixtures) and personal property (ships, automobiles, tools, etc.). In some jurisdictions, intangible properties are referred to […]
Financial Institution – A “financial institution” includes any person doing business in one or more of the following capacities: (1) Bank (except bank credit card systems) (2) Broker or Dealer in Securities (3) Money Services Business (4) Telegraph Company (5) Casino (6) Card Club (7) A person subject to supervision by any state or federal bank supervisory authority […]
What Is Currency? Currency is a medium of exchange for goods and services. In short, it’s money, in the form of paper and coins, usually issued by a government and generally accepted at its face value as a payment method. Currency is the primary medium of exchange in the modern world, having long ago replaced bartering as […]
What Is an Initial Coin Offering (ICO)? An initial coin offering (ICO) is the cryptocurrency industry’s equivalent of an initial public offering (IPO). A company seeking to raise money to create a new coin, app, or service can launch an ICO to raise funds. Interested investors can buy into an initial coin offering to receive a new cryptocurrency token issued […]
FinTech (financial technology) is a catch-all term. FinTech (financial technology) is a catch-all term referring to software, mobile applications, and other technologies created to improve and automate traditional forms of finance for businesses and consumers alike. FinTech can include everything from straightforward mobile payment apps to complex blockchain networks housing encrypted transactions. This guide will […]
What is a Crypto Hardware Wallet? Unlike software wallets, which are vulnerable to security holes and hackers, offline hardware wallets were developed so that you no longer have to trust software on your computer to hold your private keys. Hardware wallets store your private keys on a physical device with specialized firmware that prevents your […]
What Is a Mobile Wallet? A mobile wallet is a digital wallet that stores payment card information on a mobile device. Mobile wallets are a convenient way for a user to make in-store payments and can be used by merchants listed with the mobile wallet service provider. Understanding a Mobile Wallet The business-consumer relationship is becoming increasingly […]
What Is a Paper Wallet? A paper wallet is a piece of paper with your private and public keys printed out. Some paper wallets might also have a scannable barcode created by an app. It is a way to store and take access to your cryptocurrency offline. When you print your keys, they are removed from the […]
What Is a Digital Wallet? A digital wallet (or electronic wallet) is a financial transaction application that runs on mobile devices. It securely stores your payment information and passwords. These applications allow you to pay when you’re shopping using your device, so you don’t need to carry your cards around. You enter and store your credit card, […]
What Is the Consumer Price Index (CPI)? The Consumer Price Index (CPI) measures the monthly change in prices paid by U.S. consumers. The Bureau of Labor Statistics (BLS) calculates the CPI as a weighted average of prices for a basket of goods and services representative of aggregate U.S. consumer spending. The CPI is one of the most popular measures of inflation and […]
Digital banking (online and mobile banking) makes managing finances easy. With digital banking technology, you can pay bills, deposit checks and transfer money from wherever you’re located. Due mainly to their convenience, online and mobile banking are the two most popular ways to bank. More than three-quarters of Americans (78%) prefer to bank digitally. But […]
In response to the FTX insolvency, the crypto markets have been in a risk-off mood, with asset prices falling precipitously for all crypto tokens, fungible and nonfungible. The aggregate market cap of all cryptocurrencies fell 23% to $786 billion from $1.02 trillion within four days. Nansen’s NFT-500 index indicates prices of nonfungible tokens (NFTs) on […]
The commodity market is a market where traders buy and sell commodities. Commodities are raw materials or primary agricultural products. In other words, things that farmers, mining companies, and oil and gas companies produce or extract. The commodity market is similar to the equity market. However, in the equity market, people buy and sell shares. Goldrate.com has the […]
What Is a Legal Monopoly? A legal monopoly refers to a company that is operating as a monopoly under a government mandate. A legal monopoly offers a specific product or service at a regulated price. It can either be independently run and government-regulated or both government-run and government-regulated. A legal monopoly is also known as a “statutory monopoly.” […]
What Is an Application-Specific Integrated Circuit (ASIC) Miner? An application-specific integrated circuit (ASIC) is an integrated circuit chip designed for a specific purpose. An ASIC miner is a computerized device that uses ASICs for the sole purpose of “mining” digital currency. Generally, each ASIC miner is constructed to mine a specific digital currency. So, a […]
What Is Litecoin (LTC) Mining? Litecoin (LTC) is a cryptocurrency created as a fork of Bitcoin in 2011. It uses a hashing algorithm called Scrypt that requires specifically designed mining software and hardware. It is minable and continues to rank in the top cryptocurrencies for value and trading volume. Litecoin mining is validating transactions in […]
The Financial Action Task Force (FATF) is an intergovernmental organization that designs and promotes policies and standards to combat financial crime. Recommendations created by the Financial Action Task Force (FATF) target money laundering, terrorist financing, and other threats to the global financial system. The FATF was built in 1989 at the behest of the G7 and […]
What Is Aggregate Supply? Aggregate supply, also known as total output, is the total supply of goods and services produced within an economy at a given overall price in a given period. It is represented by the aggregate supply curve, which describes the relationship between price levels and the number of output firms are willing to provide. […]
What Is the Gold Standard? The gold standard is a fixed monetary regime under which the government’s currency is set and may be freely converted into gold. It can also refer to a freely competitive economic system in which gold or bank receipts for gold act as the principal medium of exchange; or to a […]
What Was the Great Depression? The term “Great Depression” refers to modern history’s most significant and prolonged economic recession. The Great Depression ran between 1929 and 1941, the same year that the United States entered World War II 1941. This period was accentuated by several economic contractions, including the stock market crash of 1929 and banking panics […]
What Is Keynesian Economics? Keynesian economics is a macroeconomic theory of total spending in the economy and its effects on output, employment, and inflation. British economist John Maynard Keynes developed it during the 1930s to understand the Great Depression. The central belief of Keynesian economics is that government intervention can stabilize the economy. Keynes’ theory was the first […]
In 1913, the Federal Reserve Act established the Federal Reserve System (FRS), an independent governmental entity that would serve as a central bank to the U.S. government. In addition to the board of governors, the board of directors, and the Federal Open Market Committee (FOMC), the act formed a system of 8 to 12 Federal Reserve Banks spread out across […]
The U.S. Treasury, created in 1789, is the government department responsible for issuing all Treasury bonds, notes, and bills. The Internal Revenue Service (IRS), the U.S. Mint, the Bureau of the Fiscal Service, and the Alcohol and Tobacco Tax and Trade Bureau are among the government departments operating under the U.S. Treasury umbrella. Critical functions of the […]
What Is the Federal Open Market Committee (FOMC)? The term Federal Open Market Committee (FOMC) refers to the branch of the Federal Reserve System (FRS) that determines the direction of monetary policy in the United States by directing open market operations (OMOs). The committee comprises 12 members, including seven members of the Board of Governors, the president of […]
What Is Reaganomics? Reaganomics is a popular term referring to the economic policies of Ronald Reagan, the 40th U.S. president (1981–1989). His policies called for widespread tax cuts, decreased social spending, increased military spending, and the deregulation of domestic markets. These economic policies were introduced in response to a prolonged period of economic stagflation that began under President Gerald […]
What Is the Federal Reserve Board (FRB)? The Board of Governors of the Federal Reserve System, also known as the Federal Reserve Board (FRB), is the governing body of the Federal Reserve System. The FRB was established by the Banking Act of 1935. The members are statutorily tasked with giving a “fair representation of the country’s […]
What Is Supply-Side Economics? Supply-side economics is a theory that maintains that increasing the supply of goods and services is the engine of economic growth. It advocates tax cuts to encourage job creation, business expansion, and entrepreneurial activity. Supply-side economics may be seen as the polar opposite of Keynesian economics, or demand-side economics, which asserts […]
What Is Laissez-Faire? Laissez-faire is an economic theory from the 18th century that opposed government intervention in business affairs. The driving principle behind laissez-faire, a French term that translates to “leave alone” (literally, “let you do”), is that the less the government is involved in the economy, the better business will be, and by extension, […]
What Is Say’s Law of Markets? Say’s Law of Markets comes from chapter XV, “Of the Demand or Market for Products,” of French economist Jean-Baptiste Say’s 1803 book, Treatise on Political Economy, Or, The Production, Distribution, and Consumption of Wealth. It is a classical economic theory that says that the income generated by past production and sale of goods […]
Jean-Baptiste Say (1767-1832) was a French classical liberal economist and scholar. Say was born in Lyon and had a distinguished career. He served on a government finance committee under Napoleon. He taught political economy at the Athénée, the Conservatoire National des Arts et Metiers, and the College de France, where he was named chair of […]
What Is a Central Bank? A central bank is a financial institution given privileged control over the production and distribution of money and credit for a nation or a group of countries. In modern economies, the central bank is usually responsible for formulating monetary policy and regulating member banks. Central banks are inherently non-market-based or […]
The Federal Reserve raised its benchmark interest rate on Wednesday for the sixth time in a row to a range of 3.75% to 4%. While there may be plenty of downside in the form of higher consumer borrowing costs, one positive outcome is that your savings may start earning a little money after years of barely-there interest. “Interest […]
Keynesian economists believe that the primary factor driving economic activity and short-term fluctuations are the demand for goods and services. The theory is sometimes called demand-side economics. This perspective is at odds with classical economic theory, or supply-side economics, which states that the production of goods or services, or supply, is of primary importance in economic growth. Understanding […]
Seigniorage is the difference between the face value of money, such as a $10 bill or a quarter coin, and the cost to produce it. In other words, the cost of producing a currency within a given economy or country is lower than the actual exchange value, which generally accrues to governments that mint the […]
Exchange rate, The price of a country’s money is about the country’s capital. A financial exchange rate is “fixed” when countries use gold or another agreed-upon standard. and each currency is worth a specific measure of the metal or other benchmark. An exchange rate is “floating” when supply and demand or speculation sets exchange rates (conversion units). If a country imports large quantities […]
What Is Devaluation? Devaluation is the deliberate downward adjustment of the value of a country’s money relative to another currency, group of currencies, or currency standard. Countries that have a fixed exchange rate or semi-fixed exchange rate use this monetary policy tool. It is often confused with depreciation and is the opposite of revaluation, which refers to the readjustment […]
DEFINITION GDP stands for “Gross Domestic Product” and represents the total monetary value of all final goods and services produced (and sold on the market) within a country during a period (typically one year). PURPOSE GDP is the most commonly used measure of economic activity. HISTORY The first fundamental concept of GDP was invented at […]
What Is the Money Supply? The money supply is all the currency and other liquid instruments in a country’s economy on the date measured. The money supply includes cash and deposits that can be used almost as quickly as cash. Governments issue paper currency and coins by combining their central banks and treasuries. Bank regulators […]
What Is Dollarization? Dollarization is when the U.S. dollar is used in addition to or instead of the domestic currency of another country. It is an example of currency substitution. Dollarization usually happens when a country’s currency loses its usefulness as a medium of exchange due to hyperinflation or instability. KEY TAKEAWAYS Dollarization is when a […]
Role of the Treasury The U.S. Department of the Treasury’s mission is to maintain a strong economy and create economic and job opportunities by promoting the conditions that enable economic growth and stability at home and abroad, strengthen national security by combating threats and protecting the integrity of the financial system, and manage the U.S. Government’s finances […]
Struggling to dampen inflation, the Federal Reserve announced a widely expected fourth consecutive “jumbo” 0.75 percentage point rate hike on Wednesday. While raising interest rates can slow inflation by making borrowing more expensive and, therefore, less appealing. However, the move further increases debt costs for Americans already struggling with rising prices on everything, including necessities like food and rent. […]
The last time inflation levels were this high in the US and Europe, flared trousers were in, roller discos were all the rage, and no one had heard of Steve Jobs. It’s safe to say that, for many people, high inflation is something new. Take the US. Today, inflation is an important news item as […]
What Is Litecoin (LTC)? Litecoin (LTC) is a cryptocurrency created from a fork in the Bitcoin blockchain in 2011. It was initially designed to address the developer’s concerns that Bitcoin was becoming too centrally controlled and to make it more difficult for largescale mining firms to gain the upper hand in mining. While eventually unsuccessful in preventing […]
What Is a Meme Coin? A meme coin is a cryptocurrency term for popular currencies, sometimes depicted with comical or animated “memes” supported by enthusiastic online traders and followers. But while meme coins may be fun, they are also hazardous investments and may hold little or no intrinsic value. DOGECoin, Shiba Inu, and other currencies that […]
Elon Musk has finally completed his takeover of Twitter. Musk sealed the $44 billion deal late Thursday, vowing the social media platform would not become a ‘free-for-all hellscape.’ Musk shifted his opinion on whether to buy the company after a series of losses in court in matters related to scheduling and discovery, according to people […]
DOGE was created as a lighthearted alternative to traditional cryptocurrencies, but it’s become precious. For most of its existence, Dogecoin was generally considered an amusing “meme coin” beloved by its community — but with relatively little value. That changed in 2021: as of April, Dogecoin became one of the ten biggest cryptocurrencies by market cap — with a […]
DOGECoin, the cryptocurrency branded after a viral dog meme from 2013, is up 35% since Monday as Elon Musk’s deal to buy Twitter approaches a close. The token price often moves in lockstep with comments made by the Tesla CEO. DOGE is up 10% in the last 24 hours after the SpaceX chief changed his […]
Mining ETCHASH with 3 and 4 MB and beyond GPU mining. WhatToMine.com today, as of this post 22OCT2022, said ETCHASH (ETC) is the most profitable for my setup today, so I decided to write an article for a “blow-by-blow” setup. Mind you, you should always check WhatToMine.com for their best bets for what to mine […]
Elon Musk is reportedly planning to fire nearly three-quarters of Twitter’s staff once his takeover deal officially goes through. As the SpaceX founder’s USD $48 million (AUD $76m or £42m) deal is set to close by the end of this month, Musk has significant cuts in place for the company’s employees, according to documents seen by The Washington Post. The documents reportedly state […]
The shake-up after the merge has undoubtedly changed the proof of work of crypto in mining. Not forever, but it has changed the landscape for sure. These pictures are new additions to my crypto family in the death throws while “scalping” GPUs dirt cheap. But the returns are not all that favorable. I don’t think […]
Technology major Google has teamed up with cryptocurrency exchange platform Coinbase as it looks to allow cryptocurrency payments for its cloud services. According to a press release, the two entities will leverage their strengths towards building the next iteration of the internet, dubbed Web3. Web3 is the vision for the world wide web, where the […]
Is Paypal becoming the internet’s “Thought Police?” Next time you’re clicking through one of those impossibly long and impenetrable legal disclaimers to a company’s terms of service, it may be time to look closer. A new policy in PayPal’s fine print triggered a storm of outrage over apparent plans to impose, starting on Nov. 3, a […]
I know, I know… ETH / Ethereum mining is over. People are hemorrhaging and selling cards like crazy, like a liquidation market gone astray. I will capitalize on this and play the long game. The “Hail Marry” has to be at the end of the rainbow of Crypto Mining! This is the 3rd 3060 card […]
Crypto mining, PoW, or Proof of Work with ETH is over. Vitalik Buterin and ETH decided to go to proof of steak, er stake lol; not long ago were days of passive income with Ethereum (ETH). Well, I have solar on my roof now, and that silly white stuff called snow is coming. So I […]
Both the SEC and Ripple have filed motions for summary judgment, each asking the judge to rule in their favor without a trial. XRP, a cryptocurrency initially launched by the founders of crypto payments company Ripple, jumped 11% early Friday morning following an intense week of gains—and hope from investors that the SEC’s lawsuit against […]
Stock exchanges are platforms that allow investors to buy and sell stocks in a venue that is regulated and transparent. These exchanges enable investors of all stripes to trade stocks, potentially benefiting from a stock’s share price appreciation and dividend payments. Stock exchanges help the stock market and are a big part of the economy. Understanding stock […]
One crypto intelligence firm revisits its selloff predictions from a month ago. Predictions that the Ethereum merge would be a “buy the rumor, sell the news” event have primarily played out in the wake of the much-anticipated update to the second-largest cryptocurrency by market cap. At least, that’s the post-merge conclusion of Glassnode, a crypto […]
Proof-of-stake is a method of maintaining integrity in a blockchain, ensuring users of a cryptocurrency can’t mint coins they didn’t earn. Proof-of-stake is a method of maintaining the integrity of a cryptocurrency, preventing users from printing extra coins they didn’t earn. While a different method, called proof-of-work, is currently used by Bitcoin and Dogecoin, for example. Proof-of-work and proof-of-stake […]
Now redundant, Ethereum miners are flocking to other proof-of-work tokens after the network switched to a proof-of-stake consensus mechanism and finding slim pickings. Ethereum miners find it increasingly hard to make money after the Merge as too many are switching to alternative coins, crushing mining profitability. Earlier Thursday, Ethereum, the world’s second-largest blockchain network, switched its consensus […]
Ripple is a money transfer network designed to serve the financial services industry’s needs. XRP is the native cryptocurrency that the Ripple network does, and it consistently lists among the top 10 cryptocurrencies by market capitalization. What Is Ripple? Ripple is the company behind XRP, and it’s a payment settlement system and currency exchange network that can process transactions […]
Emerging from the ashes of the financial wildfire that spread across the world in 2008, the seeds of a new digital financial ecosystem germinated from an email sent by Satoshi Nakamoto to a group of techies that November: “I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party. The paper […]
Even though Bitcoin only exists digitally, you’ve got to keep it somewhere, whether you’re hoping to use it to buy goods or services today or invest it for the long term. You’ll also need to begin using a Bitcoin wallet when you start buying Bitcoin. Luckily, crypto wallets generally work like physical billfolds—they keep up […]
Where do we go from here after the ETH Merge? So, I put considerable effort and funds into GPU mining before “The Merge” was understood and how it impacted crypto mining with ETH. Did I get into mining Crypto too late into “the game?” Maybe, I don’t know. The “rules” of the game changed while […]
The crypto industry is getting excited for a big event known as “the Merge,” — which proponents say could boost prices in the long run and significantly change the future of cryptocurrency. The Merge is an upgrade to the Ethereum blockchain, the technology that fuels the second largest cryptocurrency and other technologies in the crypto ecosystem, […]
Learn what you need to know before you invest in a virtual currency What Is Cryptocurrency? A cryptocurrency is a digital or virtual currency secured by cryptography, making it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they […]
Over half a dozen institutions and nonprofits are involved in establishing metrics, providing disclosure guidelines, and constructing surveys to establish ESG metrics. ESG refers to companies that try to meet higher environmental, social, and governance standards and securities based on those organizations. Given the growing interest in sustainable investing and new research that suggests these […]
Tesla has sold off 75 percent of its holdings in Bitcoin, which was worth about $2 billion at the middle of 2021, after making a considerable investment in the cryptocurrency in 2021. The value of Bitcoin has since crashed. During an investor call, Tesla CEO Elon Musk emphasized that the sale was about “overall liquidity” and did […]
After years of bulking up, the industry is bracing for recession. With recession fears mounting—inflation, the war in Ukraine, and the lingering pandemic taking a toll—many tech companies are rethinking their staffing needs, with some instituting hiring freezes, rescinding offers, and even starting layoffs. Microsoft Corp., Google, and Lyft Inc. are some of the latest companies to pull back. […]
JPMorgan strategists may have just called Bitcoin’s bottom price. Others suggest there’s still more pain ahead. In a recent report by Decrypt, investment bank JPMorgan estimates that the production cost to mine one Bitcoin has dropped from $24,000 at the start of June to just $13,000. Bitcoin’s production cost estimates the average cost for mining one Bitcoin daily. This cost […]
A correction is a sustained decline in the value of a market index or the price of an individual asset. A correction is generally agreed to be a 10% to 20% drop in value from a recent peak. Corrections can happen to the S&P 500, a commodity index, or even your favorite tech company shares. […]
What you need to know about these financial statements What Is a Balance Sheet? The term balance sheet refers to a financial statement that reports a company’s assets, liabilities, and shareholder equity at a specific time. Balance sheets provide the basis for computing rates of return for investors and evaluating a company’s capital structure. In short, […]
