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steveph · 10 months
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FXAIX vs FSKAX : Which Fidelity Fund Is the Best Bet ?
When it comes to choosing between FSKAX and FXAIX it’s like picking two contenders in a boxing match . They have their similarities and differences and investors are often left wondering which one packs the strongest punch . So let’s step into the ring and compare these two Fidelity funds.
FXAIX vs FSKAX : The Showdown
In one corner we have FSKAX tracking the total U.S. market return . It’s like a wide net cast over 80% of the U.S. Total Stock Market Index making it a heavyweight with a staggering 3,875 holdings . In the other corner we have FXAIX focusing on the S&P 500 Index the cream of the crop . It’s a bit leaner with 508 stocks in its arsenal . Now let’s see how they fare against each other.
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steveph · 11 months
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Developers Discuss Rewriting Bitcoin Code Amidst Surge in BRC-20 Tokens
Oh boy things are heating up in the world of Bitcoin . The Bitcoin network is facing a major traffic jam caused by a massive influx of BRC-20 tokens created through the Ordinals protocol . This crazy surge in token creation has led to exorbitant transaction fees that are leaving people scratching their heads . In response developers have rolled up their sleeves and gathered for some serious brainstorming sessions . The first session went down in May and just the other day they had another sit down to hash things out .
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steveph · 11 months
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CryptoTrader.Tax vs Koinly: Choosing the Best for 2023
Cryptocurrency traders know that calculating capital gains and reporting taxes can be a daunting task . Luckily there are tools available to simplify this process . In 2023 two popular options are CryptoTrader.Tax and Koinly . Let’s take a look at what these platforms offer and help you decide which one is best for your tax reporting needs .
CryptoTrader.Tax is a user friendly tool that makes calculating capital gains and preparing taxes a breeze . Simply upload your trade history from any exchange and you’ll receive a detailed capital gains report . While it has a solid user satisfaction score of 90/100 its overall popularity seems to be slightly declining with a score of 82/100 in the Tax Management category .
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steveph · 11 months
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Beware of Phishing Scam Targeting 0x and Maker DAO Smart Contracts
An alarming phishing scam is making its rounds on social media which alleges that the smart contracts of 0x and Maker DAO have become victims of exploitation . This fraudulent claim suggests that an unknown individual gained unauthorized access to the transfer function of these contracts which resulted in the theft of over $6 million in assets .
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steveph · 1 year
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Peter Schiff, Bitcoin Critic, Launches Crypto Initiative on Bitcoin Blockchain
Renowned investor Peter Schiff who is known for his critical stance on Bitcoin is set to launch a crypto initiative based on the Bitcoin blockchain . The initiative titled “Golden Triumph” consists of a collection of NFTs featuring a physical oil painting and digital reproductions . Despite his anti-bitcoin position Schiff’s involvement in this project has sparked mixed reactions within the crypto community with some questioning the apparent contradiction .
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steveph · 1 year
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Atlanta Fed Report Validates XRP as Global Means of Payment, Ripple’s Business Model Solidified
As Ripple’s acquisition of Bitstamp signals a new phase for XRP the cryptocurrency gains recognition in a report by the Atlanta Fed . Described as an “international means of payment” XRP proves effective for institutional and cross-border transactions with low fees and fast transfers . This validation of XRP’s global payment capabilities generates enthusiasm within the community .
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steveph · 1 year
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Tool for Humanity Raises $115 Million to Advance Worldcoin Ecosystem
The company behind the development of Worldcoin, Tool for Humanity, has acquired $115 million in a Series C investment round led by Blockchain Capital .This funding is planned to be used for supporting research, development and growth of the Worldcoin ecosystem, that also includes the recently launched World App crypto wallet .Worldcoin aims to achieve fair global distribution by utilizing biometric iris scans as part of its proof of personality protocol .
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steveph · 1 year
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Revolut’s License Application May Be Denied . So What Will Happen?
Reports suggest the Bank of England may reject the application of Revolut, a UK neobank that offers financial services that include crypto . Concern has been raised in the cryptocurrency community as Revolut has grown to prominence since its launch in 2015 . What will happen now?
Revolut Has Been Trying To Get A License For Two Years
Revolut has begun a two-year effort to gain a banking license in the United Kingdom to provide regulated deposits and lending products like mortgages . The Prudential Regulation Authority (PRA), which is part of the Bank of England has voiced concerns about Revolut’s financial stability . The PRA informed the UK Treasury in March that it planned to issue a statutory warning letter to Revolut mainly owing to worries about the company’s balance sheet . These questions were brought up when a qualified audit of past-due accounts was released the same month .
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steveph · 1 year
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Billionaire Paul Tudor Jones Says He Will Not Give Up Investing in Bitcoin
Billionaire investor and top hedge fund manager Paul Tudor Jones recently reaffirmed his faith in Bitcoin in an interview with CNBC’s Squawk Box, saying that he would never quit holding a token amount of BTC.
“I Am Committed to Bitcoin Forever”
Tudor said that there may only ever be 21 million bitcoins in existence, which is one of the reasons he plans to hold onto the commodity with his wealth.
The businessman also joked about Bitcoin’s extreme price swings, noting the cryptocurrency’s meteoric rise to over $65,000 in 2021 and subsequent collapse to under $15,000 the following year.
But he said that he would continue to keep his BTCs despite the volatility.
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steveph · 1 year
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Passfolio Review 2023: Is It Still Worth Your Investment
Passfolio, a renowned global online brokerage  offers a multitude  trading opportunities within the financial markets of the United States.  We will dive into various aspects that includes minimum deposit requirements funding methods and security measures for signing in, fees and eligible countries, and more.
Trading Platform Exploration
Presently, it is not available for direct download onto desktop devices, as the web terminal is currently in its Beta phase of development.
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steveph · 1 year
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Bankrupt Crypto Exchange QuadrigaCX Starts Depositing Users’ Money
Customers who lost cryptocurrency on the defunct Canadian exchange QuadrigaCX will get compensation equal to thirteen percent of the value of their holdings . QuadrigaCX, founded in 2013 by Gerald Cotten, was widely regarded as Canada’s biggest cryptocurrency exchange until it abruptly shut down in early 2019.
QuadrigaCX’s Users Will Get 13% of Their Funds
Each former user whose claim is validated will soon get a sum similar to 13,094156% of their credit, as stated in a document issued on May 12 for the creditors of QuadrigaCX by the platform’s liquidator.
Note that the value of the claimed holdings of former customers of the exchange who were mostly crypto-asset holders at the time of the company’s bankruptcy in 2019, was converted to the date of the month of April of that year .
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steveph · 1 year
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Ledger’s Recover Creates Debate Among Crypto Enthusiasts
Ledger’s hardware wallets are highly esteemed in the crypto community for their top-notch security features that offer unparalleled protection to digital asset holders . A groundbreaking offering by the wallet company has inadvertently sparked fervent discussions within the cryptoverse.
This New “Recover” Feature Offers a Great Service
               As per the latest report by BeInCrypto this cutting-edge offering is planned to be integrated with the highly anticipated Nano X firmware update 2.2.1. This new feature (dubbed “Recover“) is a game-changer for Ledger users who want to ensure the safety of their seed phrases. By entrusting Ledger with this responsibility users can rest easy knowing that their crypto assets are secure even in the event of lost access. To fully indulge in this service one must undergo a mandatory identity verification (KYC) .
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steveph · 1 year
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Redefining Priorities: Why Your Credit Score Isn’t Everything
For many, the shortest horror story is probably this: “low credit score” Most of us have suffered because that we have low credit scores. And it is not a thing to be ashamed of. Life happens, we can all make mistakes. While a high credit score might be useful in certain situations, a low credit score is not the end of the line. Here, we’ll talk about why it is not that important and what you can do to overcome the problems that a low credit score can cause.
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steveph · 1 year
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Buying Crypto with American Express (AMEX) in 2023: Step-by-Step Guide
Many people are looking to make cryptocurrency investments as the digital currency has gained widespread attention in recent years. American Express (AMEX) is a major credit card issuer in the United States and a convenient way to purchase cryptocurrency. It’s good news for American Express cardholders who have been waiting for the option to buy Bitcoin and other cryptocurrencies with their plastic. Following this advice, you’ll be able to use your American Express card to buy Bitcoin and other cryptocurrencies in 2023 with confidence and easily.
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steveph · 1 year
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Group Income Protection Explained: What You Need to Know
Group income protection is a crucial employment benefit that gives both companies and employees peace of mind and financial stability. Group income protection guarantees that an employee will continue to receive a percentage of their wage if they cannot work due to a long-term illness or injury. This allows them to maintain their level of living and pay for any essential expenses. We’ll examine group income protection in more detail in this article, including what it is, how it functions, and what you need to know to decide if it’s the best choice for you and your team.
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steveph · 1 year
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Revolut Review 2023: Is It Still the Best Challenger Bank?
Revolut is a fast-growing financial technology (FinTech) company that has been making waves in the banking industry since its inception in 2015. Founded to revolutionize how people access and manage their money, he has since become one of the most popular digital banks in the world. With over 16 million customers in more than 35 countries, Revolut has transformed the traditional banking model by providing affordable and innovative financial services accessible to everyone. In this blog post, I will review Revolut and examine its features, benefits, and potential drawbacks to help you decide if Revolut is the right financial solution for you. 
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steveph · 1 year
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Mortgages Without Early Repayment Fees: What You Need to Know Before You Buy
Shopping for a mortgage can be overwhelming and potentially risky. Not only do you have to think about the property purchase and financing, but plenty of other financial considerations come with buying a home, such as monthly payments, closing costs, up-front fees, and much more. One of the largest expenses is early repayment fees – these extra costs can add thousands to your total costs over time if you’re not careful. But there are steps that you can take to minimize this expense – before signing on the dotted line, make sure you understand how mortgages without early repayment fees work so you don’t rack up additional charges down the line. Keep reading for all the details!
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