MoonMathMagic

When you hear "cryptocurrency," the first thing that comes to mind for many people is Bitcoin. However, in reality, thousands of other cryptocurrencies exist hidden behind Bitcoin, collectively called "altcoins."
From major coins like Ethereum and Ripple to unique projects like Solana, Polygon, and Shiba Inu, the variety of cryptocurrencies is astonishingly diverse. This diversity is the reason why investors ranging from beginners to experts are paying close attention to the world of digital assets.
In this article, to get an overall understanding of cryptocurrencies, we will start with the differences between Bitcoin and altcoins, highlight the major coins to watch, and discuss the risks to be aware of when investing.

When engaging in cryptocurrency trading, the most commonly overlooked aspect is the tax treatment of the entire series of transaction activities, including "transfers." Many misconceptions exist, such as "transfers between wallets are not taxable" or "as long as you haven't sold yet, it's okay," but in reality, these can often lead to unexpected tax burdens. This article will explain the overall picture of taxes on cryptocurrency investments based on the 2025 tax system, including specific profit calculations and filing obligations, in a step-by-step manner.
Basics of Cryptocurrency Investment and Tax System
Positioning under Japanese Tax Law
In Japan, cryptocurrencies such as Bitcoin and Ethereum are defined as crypto assets under the "Payment Services Act," and a unique tax system applies to the profits from these transactions. Unlike stock investments

IBH Investment Bank, established in 2009, is launching a comprehensive renewal program from 2025-2026 to adapt to the rapid digitalization of financial services. Led by CTO Gabriel Lim, the strategy focuses on enhancing compliance, updating technology, and restructuring management for improved governance and competitive positioning in the global market.

The essay discusses the importance of decentralization in cryptocurrency projects, highlighting how transferring power to the community ensures long-term trust and sustainability. It outlines steps for implementing decentralization, challenges like whale influence, and potential solutions to foster strong community governance.

Stellar (XLM) is experiencing a pivotal moment in early 2026, currently trading at $0.23. Indicators suggest a potential rise to $0.24, but must maintain support at $0.20. A bullish trend could develop, provided certain conditions in trading volume and RSI are met.

In 2026, Japan's financial system is approaching a major turning point. The joint stablecoin initiative by the three megabanks, the regulatory transition to the Financial Instruments and Exchange Act, and the advent of the quantum computing era. As these elements intertwine, the very role of banks is being questioned.
Why are the three megabanks rushing into stablecoins now?
The joint stablecoin project announced in November last year by the three megabanks is a symbolic decision for Japan's financial industry. The underlying concern is Japan's sense of crisis in the global market.
The market capitalization of USD-pegged stablecoins has already reached approximately 40 trillion yen and has become essential for Bitcoin transactions. Institutional investors, including sovereign (government-related) funds, are routinely using

The crypto market is buzzing about Mutuum Finance (MUTM), an emerging token that entered at $0.01 and is now commanding serious attention from serious investors. Currently priced at $0.035 during its presale phase, the project has already raised $18.7 million and caught the eye of numerous market

What exactly is a bear market?
When asset prices drop more than 20% from their peak, the investment community starts calling it a "bear market." This definition may seem simple, but it reflects a deeper shift in market sentiment—from optimism to pessimism.
A bear market and a bull market are two sides of the same coin. A bull market is characterized by gains of over 20%, while a bear market is the opposite. Interestingly, this definition applies not only to stocks but also to bonds, real estate, commodities, cryptocurrencies, and other asset classes, which all follow the same principle.
It is important to note that a bear market does not equal an economic recession. A negative Consumer Price Index (CPI) indicates deflation, which points to more profound economic issues; these concepts are entirely different. Additionally, a "market correction" (a decline of 10%-20%) is not considered a bear market—it's just a short-term adjustment. A bear market signifies a long-term systemic downturn.
When will a bear market arrive? Look for these signals:
A significant decline in stock prices from their highs

What are full delivery stocks? Why should you understand them?
If you see a particular trading method for a stock in the Taiwan stock market, you might be encountering full delivery stocks. Full delivery stocks refer to a trading system where the buyer is required to pay the full amount needed to purchase the stock. This is a unique arrangement in the Taiwan stock market.
Under what circumstances are stocks classified as full delivery stocks? There are mainly two situations: one is when the company is poorly managed or facing financial difficulties, causing the net asset value per share to fall below the face value of 5 NT dollars; the other is when the company commits a major violation. Once classified as full delivery stocks, the trading methods become strictly restricted, bringing noticeable differences to investors' operations.
Can full delivery stocks turn around? Returning to the conditions of ordinary stocks
Being classified as a full delivery stock is not a permanent sentence. When the company's operations improve, there is indeed a chance to exit this status and return to normal trading mechanisms.
The delisting condition for listed companies is: for two consecutive quarters, the net asset value per share

The Elliott Wave Theory is widely used in technical analysis, but it often encounters difficulties in practical application. The theory was primarily proposed by Ralph Nelson Elliott, who believed that market fluctuations follow a repetitive 5-3 wave pattern structure. However, in actual practice, there are limitations such as incomplete cycles, high subjectivity in counting, conflicting rules, and hindsight bias. Successful traders should view the Wave Theory as a supplementary tool rather than the sole rule to rely on.

Fibonacci Indicators and Their Central Role in Financial Markets
In the foreign exchange trading field, Fibonacci indicators have long become an indispensable part of technical analysis tools. This trading system originates from an elegant mathematical sequence, which leads to the globally renowned golden ratio. The so-called golden ratio is regarded as a miraculous proportion that maintains balance in all things in the universe. When this principle of balance extends to financial markets, it also demonstrates remarkable predictive power.
Interestingly, although the mathematical principle of the golden ratio was first invented by Indian mathematicians, it was the 13th-century Italian mathematician Leonardo Pisano (nicknamed Fibonacci) who truly introduced it to the West and popularized it. For this reason, the Fibonacci ratio we refer to today is named after him. Traders use this set of indicators to accurately determine potential reversal points of asset prices and formulate trading plans.

The Warning of $20 Billion Vanishing into Smoke
The financial storm in March 2021 saw Bill Hwang's $20 billion in assets, accumulated over 10 years, vanish in just 48 hours. The story of this top Wall Street fund manager is essentially the ultimate lesson in margin calls.
His investment logic is simple and brutal: find promising companies and amplify returns with massive leverage. This tactic indeed worked in a bull market—assets skyrocketed from $2.2 million to $20 billion. But when a black swan event struck, high leverage became a countdown bomb.
His story reveals a harsh truth: how risky margin buying stocks really is.
What is a margin call? Why does liquidation happen?
A margin call, simply put, is a liquidation. When you borrow money from a broker to buy stocks, if the stock price drops to a certain level, the broker will require you to add more margin. If you can't meet the margin call, the broker will directly sell your stocks.

Taiwanese investors looking to enter the US stock market face the first challenge of choosing a trading channel. Different investment methods hide completely different cost structures. This article provides a detailed breakdown of the fee components for the two main paths to buying US stocks, helping you find the most cost-effective trading solution.
Two Ways to Buy US Stocks: Sub-Brokerage vs. Overseas Brokers
If you want to buy US stocks in Taiwan, there are mainly two approaches. One is through domestic brokers' sub-brokerage services, and the other is by opening an overseas broker account for self-trading. Both options have their pros and cons, depending on your trading habits and capital size.
What is Sub-Brokerage Trading?
Sub-Brokerage (Sub-Brokerage) is officially called "Entrusted Buying and Selling of Foreign Securities Business." Simply put, it means opening an account with a domestic broker and entrusting them to buy and sell US stocks or ETFs on your behalf. Because the order has to go through two layers—first to the domestic broker, then transferred overseas—it's called "

Stock trading often overlooks what is most important, which is not the price itself but the story behind the trading volume. The same upward movement can mean someone profits from a surge, while others hit the ceiling; the same downward movement can trap some, while others buy the dip. The key difference lies in whether you can interpret the volume-price relationship.
What is the volume-price relationship?
Simply put, the volume-price relationship is the interaction logic between stock price and trading volume. When the stock price moves, the trading volume determines whether the move is genuine or just a bluff. High trading volume = high market participation = strong trend credibility; low trading volume = mainly retail follow-the-leader = risks are hidden in the corners.
The table below summarizes the 5 most common volume-price patterns in the market, allowing you to quickly understand what each situation represents:
| Volume-Price Pattern | Phenomenon | Market Signal |
|----------------------|------------|---------------|
| Price Rise, Volume Shrinks | Stock price rises, but trading volume decreases |

Choosing the Right Forex Recommendation Platform is the Starting Point for Successful Trading
When trading forex on margin, the biggest risk is falling into scams. There are many unregulated and fraudulent platforms in the market, and a slight mistake can lead to losing everything. Selecting a regulated, secure, and reliable forex recommendation platform directly impacts your trading experience and the safety of your funds.
Many beginners, when they first start, tend to focus only on leverage and spreads, neglecting the platform's security. This article will help you identify 10 trustworthy forex brokers, each backed by licenses from international financial regulatory agencies.
5 Key Points for Choosing a Forex Recommendation Platform
Before opening an account, these factors must be considered:
1. Check the Regulatory Licenses Carefully
International recognized regulatory agencies include the UK FCA, Australian ASIC, New Zealand FMA, US NFA, etc. You can verify the authenticity of licenses directly on the official websites of these regulators. Note: Having more licenses is not necessarily better.

The inner and outer disks are important indicators reflecting the level of confrontation between the bullish and bearish sides in the market. The outer disk indicates that buyers are eager to push up the price, while the inner disk shows that sellers are eager to cut prices. The inner-outer disk ratio can help judge market sentiment and should be used in conjunction with support and resistance zones for trading. However, investment decisions should also consider other factors and not rely solely on a single indicator. Mastering multiple analysis tools can improve the success rate of investments.