Tag: crypto futures

Paradise Found? Puerto Rico’s Crypto Gamble

boricua01
crypto economy

Sun-drenched beaches, vibrant culture, and…cryptocurrency? Puerto Rico is making a bold bet on becoming a hub for the digital asset revolution. Lured by tax breaks and a tropical paradise, crypto entrepreneurs and investors are flocking to the island. But can this gamble pay off, or will it leave the local economy in the red? Tax Oasis for Crypto Whales Puerto Rico’s trump card is Act 60, a tax incentive program offering a 0% capital gains tax on crypto held for over a year. This, combined with U.S. citizenship benefits for…

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What is Crypto Futures?

boricua01
Crypto Futures

Futures is a financial instrument that has been used for around 100 years now. It works with valuable commodities, precious metals, gas, oil, etc. The essence of futures trading is predicting the future commodity’s price and betting on it. That is a highly risky instrument advanced traders use. In the cryptocurrency market, futures trading is also possible. Thorough research and in-depth knowledge of the crypto market are needed for efficient and successful futures trading. Let’s see how it works. Futures Contracts in Crypto What are futures in crypto? This financial…

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