Learn about cryptocurrency with our guides at CryptoProsperityforAmerica. Our detailed resources provide expert advice on investing, security, wallets, and more
Remember when FTX collapsed in 2022? That moment shook crypto traders everywhere and showed how risky centralized exchanges could be. Decentralized exchanges (DEXs) soon began to stand out as the safer choice. By 2025, DEXs are processing billions in daily trades and now handle over 15% of all crypto transactions worldwide. What was once a […]
As a beginner or an expert, one of the best ways to be on top of updates is listening to crypto podcasts where experts discuss key topics, market shifts, and investment strategies. Whether you’re just getting started or are already experienced, the right cryptocurrency podcast can provide clear insights and useful knowledge. This list features
The crypto tax in Canada is straightforward yet strict; 50% of capital gains and 100% of business income from crypto are taxable. The CRA requires record-keeping for 6 years, with penalties reaching 50% for gross negligence. Compliance is essential, with over 3 million Canadians owning cryptocurrency, and the CRA having audited 20,000+ crypto-related accounts since
The crypto market is growing fast. It’s worth around $5.7 billion in 2024 and is expected to be more than double by 2030. More people around the world are getting into digital assets and blockchain. As crypto becomes more popular, many crypto-friendly banks are adapting to the change by offering crypto-friendly services. This helps people
Cryptocurrency losses can indeed be tax-deductible, potentially saving you thousands of dollars. In 2023, Americans who claimed crypto capital losses saved an average of $3,000 on their tax returns. The IRS allows you to deduct certain crypto losses, but specific rules apply. In this article, I cover the types of deductible crypto losses, how to
The dark side of crypto innovation hides in plain sight, and crypto scam trackers reveal an alarming truth: fraudsters now deploy AI-powered cons, rug-pull algorithms, and deepfake “advisors” to exploit even savvy investors. These digital predators evolve faster than security measures, turning blockchain’s transparency against users with military-grade precision. A crypto scam tracker is no
Cryptocurrency transactions in 2025 are traceable due to public blockchains, KYC-linked addresses, advanced analytics tools, and strict global regulations enforcing transparency and data sharing to combat illicit activities. Cryptocurrencies emerged with promises of decentralization and anonymity that traditional financial systems couldn’t match. Bitcoin introduced a revolutionary concept: transactions without intermediaries, offering users privacy. As cryptocurrency
Looking to understand cryptocurrencies and blockchain technology, but are overwhelmed by the flood of information online? The right books can provide structured, comprehensive knowledge from genuine experts in the field. Whether you’re a beginner curious about Bitcoin basics or an investor seeking to understand crypto assets as an investment class, this curated selection covers the
Cryptocurrency investors face a complex tax landscape beyond federal regulations, with state-level rules adding another layer of complexity. While the IRS treats crypto as property for federal tax purposes, states have implemented varying approaches, from no taxation to aggressive enforcement. This patchwork of regulations creates significant compliance challenges for crypto holders, especially those who relocate
Cryptocurrency investors can use ways to lower or avoid capital gains tax and keep more of their profits. Some common strategies are holding coins long-term for lower taxes and selling losing investments to offset gains. Cryptocurrency investors in the US face capital gains tax rates of up to 37% on short-term profits, which could consume
