Month: June 2021
The Mexico Crypto Ban Remains for the Country’s Financial Institutions
Some folks anticipated a domino effect from the decision out of El Salvador. When the country announced it would make Bitcoin legal tender in the country, many thought other Latin American countries would soon follow. And while it’s still possible, the Mexico crypto ban remains in effect… at least for now. But more specifically, this is in regards to them being used as tools by financial institutions. Average citizens in the country are still allowed to invest in and trade most cryptocurrencies.
Several Latin American countries sent signals that they may follow El Salvador’s lead. Among the most prominent were Brazil, …read more […]
What is an Altcoin?
Cryptocurrency is well-established as a mainstream investment vehicle, thanks largely to the popularity of Bitcoin. But Bitcoin isn’t the only crypto asset to gain steam. There are hundreds of different altcoins out there, some more popular and stable than others. What is an altcoin? Really, it’s any other crypto asset outside of Bitcoin; however, serious investors usually only group stable, established crypto assets under this umbrella.
If you’re interested in crypto investing but want to avoid the hype surrounding Bitcoin, consider an altcoin. From stablecoins to utility tokens, there’s plenty of opportunity out there. Here’s a look at altcoins and …read more […]
Top 3 Meme Stocks List for Your Portfolio
If you follow the stock market, you’ve probably heard of the term “meme stock.” And many investors will point to specific companies that you should add to your meme stocks list.
Specifically, a meme stock is a stock that has gone viral with social media popularity. Stocks that are considered meme stocks have seen a recent surge in viral activity, which is usually fueled by online social media platforms such as Reddit and Twitter.
Top 3 Meme Stocks List to Speculate On
Due to internet virality, meme stocks tend to see rapid price spikes. Because of this, the spikes are usually followed by …read more […]