How to make hodling worthwhile, explained
Hodling can be a nerve-wracking experience — and if crypto is left to languish in a cold wallet for several years, it can also end up being an unrewarding one. What legal safeguards should you look for?Working with a licensed crypto company offers clients legal rights and helps ensure that they don’t run into regulatory trouble.Financial regulators and international banking bodies around the world are cracking down harder and harder on crypto companies that do not follow regulations, and it’s not just securities law violations they’re looking for anymore. Most notably, any firm dealing....
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Roughly three-quarters of the 18.6 million BTC mined to date is not up for sale or even moving anywhere, Glassnode calculates. Bitcoin (BTC) investors are quickly storing most of the available coins away, and they are not for sale, new data at the start of 2021 reveals.Statistics from on-chain analytics resource Glassnode originally released on Dec. 29, 2020 confirm that almost 80% of the Bitcoin supply is illiquid.78% of BTC supply illiquidThe changes in the composition of the Bitcoin market have become well known. As new all-time highs above $35,000 emerge, so too has a narrative that....
After a few months of experimenting with bitcoin payments for municipal services, the City Council of ‘Crypto Valley’ Zug in Switzerland announced that the pilot program will become a permanent fixture with possible plans to expand. Bitcoin Payments a ‘Worthwhile Experiment’. Early May this year, Zug City Council decided to place bitcoin payment system on a pilot program to test the feasibility of bitcoin payments for municipal services. At current, the program has been used only by a dozen customers, allowing them to make train ticket payments with bitcoin up to 200 Swiss Francs’ worth.....
Hodling is by no means easy, but there are ways to ensure you don’t act impulsively and let your crypto do the hard work for you. What can hodlers to maximize profits and minimize losses?All of this begins by finding cryptocurrencies that have a long-term future, and a reliable staking platform that you can trust.Locking up your tokens can eliminate some of the mental pressures that are associated with hodling — and give you a way of accruing value in the meantime.UniFarm delivers a guaranteed minimum APY across a number of tokens, and also offer automated diversification for any returns....
This tax season, it may be worthwhile to consider making a bitcoin donation to reduce one’s taxes through philanthropy.
The Cryptocurrency community is all set to have A Very Crypto.com Christmas The flagship cryptocurrency, Bitcoin is at its all-time high which further reinforces cryptocurrency’s position as a strong investment instrument. While those hodling Bitcoin witness their investment grow in a rapid pace, it is still not too late for newbies to make their first […]