Cryptocurrencies & Blockchain / General

What drives the price of cryptos?

The cryptocurrency market is notorious for its volatility, with investors in some instances experiencing gains and losses all within the same day. The question on many investors’ minds is what drives the price and volatility of cryptocurrencies.

How to Survive a Crypto Market Crash

Kaspersky detects over 1,500 fraudulent global resources targeting potential crypto investors and highlights the threat of malicious crypto miners in Africa

Since the beginning of 2021, Kaspersky has detected more than 1,500 fraudulent global resources aimed at potential crypto investors or users who are interested in cryptocurrency mining. During this period, the company also prevented more than 70,000 user attempts globally, to visit such sites¹.

Nowhere to hide… Advice for your crypto-clients

Financial advisers and planners must make sure they understand their client’s total income picture before advising them on the tax implications of their crypto asset investing or trading activities. “It also makes sense for advisers or advice practices to partner with a registered tax practitioner with a proven track record to help with complex tax advice,” said Francois du Toit, CFP® and owner of Propulsion Learning & Technology. Crypto assets have become mainstream over the past couple of years; but there is still widespread confusion over how individual taxpayers should declare their cryptocurrency investing or trading activities to SARS.