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Once you have decided to invest in, or trade with cryptocurrency, you must then decide how to store it. If you are not aware of the different types of crypto wallets, along with their advantages and disadvantages, there is a high chance that you may fail to choose the correct one for you.

Once again, the world’s largest cryptocurrency, Bitcoin, by market capitalization, has come encountered a greater crypto market sell-off. The sell-off has caused  its price to be slashed by more than $1,000. Mid value dropoff leads to drastic drop of bitcoin value by $1000.

As per CoinMarketCap and CoinDesk data, on May. 17 at 2:00 UTC, bitcoin (BTC) dropped by 16.7 percent to find bids below $7,000, at $6,600, before rising once more on the back of high volatility, then moving above $7,000 to where it sat at $7,300.

Venezuela To Adopt Crypto For Tax Payments – The Venezuelan government has declared that everyone who is dealing with any form of crypto-related business in the country, and overseas fiat currencies, are now obligated to pay relevant taxes, and to report their income using cryptocurrency and not in the sovereign bolivar, Venezuela’s national currency, as that will help the country’s economy.