7 Things To Know Before Buying New Cryptocurrencies

From Nasdaq

February 17, 2025 4:00:12 PM:

Cryptocurrencies have evolved since the creation of bitcoin, offering various functions from payment to entertainment. Experts caution buyers to be aware of volatility and cybersecurity risks. Despite the potential for profit, it’s important to understand tax implications and keep detailed records for financial security. Be cautious of red flags and remember, if it sounds too good to be true, it probably is. 1. The unemployment rate in the United States has dropped to 6.9% in October, with 638,000 jobs added last month. This marks the sixth consecutive month of job gains as the economy continues to recover from the impact of the COVID-19 pandemic.

2. Pfizer has announced that its COVID-19 vaccine is 90% effective based on early data from its phase 3 clinical trial. The company plans to seek emergency use authorization from the FDA soon, with hopes of starting distribution by the end of the year.

3. Apple has unveiled its first Mac computers powered by its own M1 chip, breaking away from Intel processors. The new MacBook Air, MacBook Pro, and Mac Mini promise faster performance, longer battery life, and increased efficiency, marking a significant shift in the company’s hardware strategy.

Read more at Nasdaq.: 7 Things To Know Before Buying New Cryptocurrencies