The U.S. Department of Labor’s Employee Benefits Security Administration has reversed a 2022 compliance release that previously advised against including cryptocurrency options in 401(k) retirement plans. The 2022 guidance urged plan fiduciaries to exercise “extreme care” before offering cryptocurrency as an investment option, which diverged from the Employee Retirement Income
President Donald Trump’s media company announced on Tuesday that institutional investors will purchase $2.5 billion in the company’s stock, with the funds earmarked for building a bitcoin reserve. Around 50 institutional investors are set to invest $1.5 billion in the company’s common shares through a private placement, while an additional
In recent years, cryptocurrencies like Bitcoin and Ethereum have garnered immense attention, but there’s another type of cryptocurrency gaining traction: stablecoins. These digital currencies promise to offer the benefits of traditional cryptocurrencies—like fast transactions and global accessibility—while avoiding some of the volatility that plagues many digital currencies. So, what exactly
Cryptocurrency has revolutionized the way we think about money. While Bitcoin is the most well-known and widely used digital currency, there are thousands of other cryptocurrencies, known as altcoins, that have been introduced since Bitcoin’s rise. But how do you decide which one is right for you? Let’s break down
Cryptocurrency transactions have become a popular way to send and receive money online, but for beginners, it can be a bit tricky. One small mistake, like sending funds to the wrong wallet address or misunderstanding transaction fees, can lead to a lost investment. If you’re just starting with crypto, don’t
Following the booming popularity of cryptocurrency in recent years, the rate of scams and frauds also increases. Scammers are always inventing new tricks and ways to fool people and drain their accounts. According to a report by crypto firm analysis, the highest crypto scams of $14 billion were recorded in
Following last week’s massive hit, investors are confident about the potential upside in the crypto market. Bitcoin and Ethereum are showing slight fluctuations while holding strong above key support levels. Moreover, this stability has led to bullish trends across various altcoins, a few recording gains of over 30%. However, the
A digital tool, software, hardware, program or service, works to secure your private crypto keys, allowing you to buy, purchase, and send cryptocurrencies. Basically, the crypto wallet does not hold your digital assets, unlike your physical or normal wallet, but keeps the cryptocurrency secure using private keys. If you are
As the popularity of cryptocurrencies grows, the demand and desire to find the co-effective ways to buy these digital assets, including Bitcoin, increases. Minimizing the transaction cost and getting the best Bitcoin value will ensure great profits to your investment. No matter if you are a long-term investment holder or
A meme-driven political-themed digital asset, Trump Coin is one of the latest and emerging entries in the crypto world. Blending pop-culture and politics, cryptocurrencies continue to evolve, offering traders and investors opportunities to diversify their portfolio and crypto experience. Falling under the community-driven tokens and meme-coins, Trump Coin will not
