Author: CryptoGap

Are you wondering if you can buy Bitcoin or other cryptocurrencies using Wise Bank (formerly TransferWise)? Well, the answer is both simple and a bit tricky. In a quick response, you can’t buy crypto directly on Wise for any Personal or Business account, but don’t worry—it’s not as disappointing as it sounds. Can You Buy Crypto on Wise Bank? Wise Bank, as fantastic as it is for international transfers and managing multiple currencies, hasn’t yet joined the direct-crypto bandwagon. Unlike some other digital banks, Wise doesn’t offer cryptocurrency investment options directly through its platform. And for this reason, it can…

The U.S. Internal Revenue Service (IRS) is facing a new lawsuit over taxes on cryptocurrency staking rewards. Josh Jarrett, with the support of Coin Center, filed this lawsuit on October 10, 2024. The lawsuit challenges the IRS’s policy of taxing crypto-staking rewards as income when received. Both people complain that this policy is unfair and needs to change. What’s the Actual Issue? When someone takes part in staking on a blockchain, they help validate transactions and get rewarded with new tokens. For example, if you’re a validator on a network like Tezos, you might earn tokens in return for your…

Do Kwon, the man who flew high with Terra and LUNA only to crash land in the cryptocurrency in a rather epic way. His story is one of the most infamous in the crypto space, and for good reason. But what about his net worth? How did it skyrocket to billions and then collapse like a crypto house of cards? This article explains everything about Do Kwon’s net worth, the rise and fall of Terra, and all the juicy details in between. Read more: Top 6 Cryptocurrencies that Could Make You a Millionaire by 2030 Who is Do Kwon? Born…

Cryptocurrencies are everywhere in the financial world for now, and if you want to know how to buy Bitcoin using Sberbank, you’re in the right place. No matter if you’re a complete newbie or somewhat familiar with crypto, this guide will walk you through the process of buying crypto with Sberbank, pitfalls, and perks. Sberbank and Cryptocurrency: A Match Made in Russia? Sberbank, Russia’s largest and most established bank, isn’t directly linked to the cryptocurrency business. But it plays nice with digital currencies by allowing transfers to regulated crypto exchanges. You won’t be trading Bitcoin straight from your Sberbank app,…

Alright, burger lovers and tech enthusiasts, let’s get down to the question on many people’s minds: Does In-N-Out accept Apple Pay or Google Pay? Yes, they do and this article tells everything you need to know about it. Picture this: You’re in line at In-N-Out, the smell of freshly grilled patties wafting through the air, and the golden fries practically calling your name. You’ve got your Double-Double locked and loaded, but you suddenly realize—oh no!—you forgot your wallet. Cue the panic, right? Not so fast. With Apple Pay, you can pay with just a tap of your iPhone or Apple…

Cryptocurrencies have always been very intriguing, especially when a new one pops up claiming to change the game in mining. Enter Pi Network—a project that claims to make crypto mining accessible to anyone with a smartphone. Launched in 2019 by some Stanford graduates, Pi Network is an eco-friendly twist on the usual energy-guzzling mining rigs. With over 100 million users as of 2024, it has earned massive followers. But the big question is: is Pi Network the next big thing in crypto, or another scam? How Pi Network Works At its core, Pi Network allows users to “mine” Pi coins…

When it comes to getting an oil change, Take 5 is a well-known service, but some people wonder why it’s more expensive than other places. By chance, if you see a sudden engine flash turning on during your travel and Take 5 is the only choice for your nearby, you might be wondering how much it’ll set you back and why their prices seem higher than some other places. Here’s everything you need to know, from what it’ll cost you to why the oil change prices are what they are. Read more: Can You Add Gift Cards to Apple Wallet?…

Bitcoin whales play a massive role in the cryptocurrency market, influencing the price and direction of Bitcoin like no other. This article explains everything about crypto whales including who these whales are, why they matter, and how to spot them. What Are Bitcoin Whales? Bitcoin whales are individuals or entities who own a large amount of Bitcoin, usually at least 1,000 BTC. These are the market’s big players—think of them as the whales of the ocean. Their moves can cause ripples or even big waves in the Bitcoin market. When they buy or sell a big amount of crypto, it…

Shiba Inu (SHIB) has become one of the most talked-about cryptocurrencies. It started as a meme coin but quickly gained attention by making a lot of people rich. Today, people are not just excited about its fame, but also about its real-world uses. With the market looking forward, many wonder: How high will SHIB go by 2025? How SHIB Has Been Doing Lately Shiba Inu kicked off this week strong with a 7% spike. But that didn’t last long. SHIB dropped from $0.00001858 to $0.00001721—a 6.43% fall. At the time of writing, SHIB is currently sitting at $0.00001714. What’s Next…

Bitcoin has surged over 40% this year, outperforming many other investments like stocks, bonds, oil, and even gold. At first glance, this might make Bitcoin the best option for investors. However, when we dig deeper, gold still comes out on top in one important area: risk-adjusted returns. Goldman Sachs recently released data showing that while Bitcoin’s price has jumped massively, it’s still much more volatile compared to other assets. The return-to-volatility ratio, which measures how much return you get for every unit of risk you take, is much lower for Bitcoin. Bitcoin’s ratio is below 2%, while gold’s ratio is…