What is a Bear Trap?

What is a Bear Trap? In the world of trading, there are quite a few acronyms one needs to take into account. Even people who do not rely on technical analysis for price predictions need to pick up on the slang sooner or later. One of the more common terms used by experts is a…

Investment Strategists Suggest Bitcoin to Limit Stock Market Risks

Investment Strategists Suggest Bitcoin to Limit Stock Market Risks   Following the biggest U.S. stock market sell-off of the year on Wednesday, asset managers and investment strategists are suggesting two strategies for portfolio protection; bitcoin and international markets. Alternatives to Investing in US Stocks Wall Street saw the biggest sell-off in more than eight months…

Australia’s Latest National Budget Eliminates Double Taxation on Bitcoin

Australia’s Latest National Budget Eliminates Double Taxation on Bitcoin   Australia’s latest national budget cuts goods-and-services tax (GST) on bitcoin purchases. The cut, announced today by the Australian Department of the Treasury, brings an end to a years-long controversy over the way consumers faced the prospect of paying double GST when first buying, then spending digital currencies.…