Author - Adam Gardiner

About Adam Gardiner:

Cryptocurrency Losses Demonstrate That They’re a Real Safe Haven

The fact that Bitcoin, Ethereum, and other cryptocurrencies have suffered big losses in recent days due to the stock market turmoil is a sign that they are becoming real safe haven assets. Yes, you read that right. You might have expected them to increase in value while stock markets were plummeting, but that just isn’t […]

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More Difficulty in Making Tax Payments on Cryptocurrency Gains

When it comes to tax issues, it’s always a good idea to hire a tax adviser, particularly if you have complicated returns. And when it comes to investments in cryptocurrencies, which are still sorely lacking in guidance, that’s even more true. While the Internal Revenue Service (IRS) has issued guidance in both 2014 and 2019 […]

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What Effect Might SEC’s “Safe Harbor” Proposal Have on Cryptocurrencies?

With cryptocurrencies still very much in their growth phase, one thing has become abundantly clear: those localities that want to take the lead in the cryptocurrency sphere are those that most loosely regulate cryptocurrencies. Countries like China, which once dominated the cryptocurrency world, will fall behind as they attempt to crack down on private cryptocurrencies. […]

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Japan Calling on G7 to Respond to Digital Yuan

While the rollout of China’s digital yuan appears to have been delayed by the onset of the coronavirus, the People’s Bank of China does still plan to launch its digital currency sometime soon. When the digital yuan is finally launched, it could very well upend the international monetary order. And that has some countries on […]

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Will the Chinese Coronavirus Derail China’s Plans to Introduce a Digital Yuan?

China’s digital yuan, perhaps the largest and most important government-backed cryptocurrency project to date, was supposed to launch early this year. Development had been delayed this year, but earlier in January the Chinese central bank stated that its design process, standard-setting, and testing were rapidly nearing completion. But now that many areas of China are […]

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Bitcoin Options Trading Begins in Earnest, Sending Bitcoin Price Soaring

Bitcoin options trading began in earnest last week, with CME Group beginning Bitcoin options trading on the CME Globex exchange last Monday. While competitor ICE’s platform Bakkt has been offering Bitcoin options since December, the new competition should further enliven the Bitcoin investment markets. The Bitcoin price soared nearly 10% in the aftermath of CME’s […]

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Bitcoin Sees Highest-Ever Hash Rate as Outlook for Miners Improves

Bitcoin recently set a new record for hash rate, as miners are getting back into the Bitcoin mining game. The total hash rate surpassed 119 exahashes per second (EH/s) in early January, breaking the previous record of 114 EH/s that had been set back in October. These levels are significantly greater than the levels seen […]

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Whither the Bitcoin Price in 2020?

After the massive Bitcoin price rise in 2017, many financial analysts have categorized Bitcoin’s performance since then as disappointing. What they fail to understand is that Bitcoin was by far the best-performing asset of the last decade. And even its performance in so-called off years has been remarkable. After what for many investors was a […]

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Will Wyoming Help New Yorkers Invest in Cryptocurrency?

New York’s BitLicense is famously known and reviled by many within the cryptocurrency community. The hurdles it places in the way of cryptocurrency businesses means that many firms are not able to operate in New York, and risk running afoul of New York authorities if they even accidentally take on New York residents as clients. […]

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