Trading Ideas

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Trading Ideas

The Mexico Crypto Ban Remains for the Country’s Financial Institutions

June 30, 2021 admin Comments Off on 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 […]

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Trading Ideas

What is an Altcoin?

June 30, 2021 admin Comments Off on 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 […]