Blog tagged as Digital Assets

Universal Wallet Accounting is Coming to an End. What Does That Mean?

11/22/2024 09:31 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Universal Wallet Accounting is Coming to an End. What Does That Mean?
The IRS is ending universal wallet accounting for cryptocurrencies starting January 1, 2025, requiring investors to report transactions on an account-by-account basis, which necessitates more precise tracking and strategic tax planning.

Bitcoin Finally Really Did Reach a New All-Time High

11/13/2024 11:10 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Bitcoin Finally Really Did Reach a New All-Time High
Many are saying Bitcoin reached a new all-time high in March 2024. It didn't really, though. Find out why and how to determine when Bitcoin achieves a new all-time high.

Economic and Financial Planning Implications of President Trump's Second Term

11/08/2024 11:33 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Economic and Financial Planning Implications of President Trump's Second Term
The re-election of President Trump is expected to bring substantial changes to tax policies, trade, and cryptocurrency regulations, all of which will influence market volatility, interest rates, and financial planning strategies.

5 Things You Need to Know About Self-Directed IRAs

07/30/2024 06:24 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
5 Things You Need to Know About Self-Directed IRAs
A self-directed IRA (SDIRA) offers greater investment flexibility, allowing for alternative assets like real estate and precious metals, but requires a higher level of responsibility and understanding of associated rules and fees.

The Many Misconceptions About Bitcoin

06/27/2024 11:12 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
The Many Misconceptions About Bitcoin
There are some common misconceptions and inaccuracies about Bitcoin. With a balanced and factual approach it's possible to get a clearer understanding of Bitcoin's potential as a legitimate investment asset.

Bitcoin Runes: Exploring the Future of Digital Assets on the Bitcoin Network

06/06/2024 02:52 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Bitcoin Runes: Exploring the Future of Digital Assets on the Bitcoin Network
The innovation of Bitcoin Runes offers significant potential for various applications, from digital art to real estate, while presenting both opportunities and challenges in the evolving digital asset landscape.

Bitcoin Did Not Reach a New All-Time High Before the 4th Halving

04/26/2024 05:08 PM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
Bitcoin Did Not Reach a New All-Time High Before the 4th Halving
Many are saying Bitcoin reached a new all-time high in March 2024. It didn't really, though. Find out why and how to determine when Bitcoin achieves a new all-time high.

The Bitcoin Halving is Coming

11/21/2023 06:55 AM By Mike Halper, CFP®, MPAS®, SE-AWMA®, CDAA, CBDA - Comment(s)
The Bitcoin Halving is Coming
The Bitcoin Halving is only months away now. Here's an explanation of what it is, why it happens, and the benefits it brings.
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