iTrustCapital surpasses $5B in crypto IRA transactions
Individuals typically do not need to worry about capital gains taxes while trading in an IRA. For crypto investors, this could be an attractive feature. Cryptocurrency individual retirement accounts (IRA) provider iTrustCapital revealed Wednesday that the total transaction volume on its platform had surpassed $5 billion, marking a 60% increase in nine months.As told by iTrustCapital, many of its users, ranging from millennials to working professionals to senior citizens, are trading cryptocurrencies for the first time. The firm only charges a 1% buy-sell fee on cryptocurrency transactions.....
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Cryptocurrency retirement savings platform iTrustCapital has announced it is integrating Coinbase Custody services to provide its clients with an additional layer of security. iTrustCapital provides IRAs (individual retirement accounts) and other qualified retirement funds with 24/7 access to digital cryptocurrency assets and precious metals through its tax-advantaged, IRS compliant, trading platform. The new integration helps […]
Coinbase Custody will be used to further secure the cryptocurrency holdings of iTrustCapital clients. Cryptocurrency IRA and 401(k) provider iTrustCapital has integrated Coinbase Custody into its platform, offering retirement planners more robust security for their digital-asset investments. The integration means iTrustCapital clients will have their assets secured by Coinbase Custody’s cold storage, offering another layer of protection from attacks. Coinbase Custody maintains both SOC1 Type II and SOC2 Type II certifications, which means it undergoes regular financial audits. Assets held....
The company said it planned to use the funds for expanding its existing product and service line in addition to exploring strategic acquisitions. Cryptocurrency individual retirement account and 401(k) provider iTrustCapital said it had raised $125 million in a growth equity investment, making its valuation reach $1.3 billion.In a Wednesday announcement, iTrustCapital said it had completed a $125 million Series A growth equity investment led by New York-based VC firm Left Lane Capital. The company said it planned to use the funds for expanding its existing product and service line in....
The crypto economy has gained a massive amount of value during the last few days, as the aggregate market cap of all 7,500+ digital assets is a whopping $640 billion on Thursday. Meanwhile, the largest blockchain in terms of valuation, bitcoin has touched an all-time high of $23,777 rising more than 22% in 24 hours. Digital currency markets are doing extremely well this week, as a great number of coins have seen significant gains during the last three days. At $640 billion, the aggregate market cap of all the crypto assets in existence is up over 15% on Thursday. Bitcoin (BTC) recently....
Many recent articles have appeared in important publications such as MarketWatch reporting that Dogecoin is surpassing Bitcoin in the total number of transactions per day. Following is the now famous chart of the Dogecoin versus Bitcoin transaction volume as reported by BitInfoCharts: Dogecoin total transactions outpace Bitcoin total transactions. This data, and the reporting of it was responsible for a sizable runup in Dogecoin values from less than 0.000001 BTC to more than 0.000002 BTC Per DOGE. Looking into the data at BitinfoCharts for a more detailed analysis we find that the total....