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How to Use Your Home Equity to Payoff Your Tax Debt



Do you owe tax money and are considering refinancing your mortgage to pay it off? The truth is nobody enjoys paying taxes, self-employed people or those who work on a contract basis are responsible for sending in their own taxes to the government each year and If you are one of those people, you know how much discipline it takes to set aside money over the course of the year to payoff your income tax dues.

If you’ve fallen behind in your tax payments, and you own a home, your home is at risk. If the tax man has already started to move against your home, then you do have a few options, you can file for bankruptcy, but this will destroy your credit rating.

The Government’s tax department can also garnish your wages, freeze your accounts and seize the funds, and take away your assets. An excellent solution to solving your tax debt problems is refinancing your mortgage and getting a home equity loan to payoff the debt.

The banks may not be willing to provide a loan against the equity, even though the equity is there. However, there are private mortgage lenders who are willing to provide financing in this sort of situation. Instead of looking at your credit score, private lenders look at the loan-to-value (LTV) ratio of the property. If you have $250,000 in equity, taking out a $100,000 loan would still leave $150,000 in equity. If the house’s value is $500,000, that leaves you with 30% equity, creating an LTV ratio of 70 percent, which is well within the criteria of most private lenders.

The home equity loan from the private lender will have a higher interest rate than you would with a home equity loan from a bank, this is because you represent a higher credit risk than someone with a good credit score. However, paying that higher rate is preferable to having the tax man take your home. That’s a consequence that no one wants to have to deal with. The tax man has all the power in this situation. Ignoring him will not make your tax problems go away. Once your credit is back on track you can refinance your first mortgage and the home equity loan from the private lender into one new first mortgage.

If you are in tax debt, and you don’t have any other resources other than your home equity, speak with a mortgage broker. He or she can connect you with their network of private lenders to help you find the loan that best suits your needs.

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How To Add Bitcoin To The Balance Sheet For Corporations, With Saylor & Dorsey



Saylor, Bitcoin for Corporations at the MicroStrategy World conference

Is your company ready to buy the Bitcoin dip? Saylor and Dorsey will give you the 411 for free.99. The MicroStrategy World annual conference goes live on February 1st. Learn directly from these two titans of the industry, who have definitely been among Bitcoin’s main proponents and promoters over the last few years. 

Michael Saylor has led by example, buying every dip, and is a constant presence in mainstream media. His interviews are more like classes and the attention they get is outstanding. Jack Dorsey, for his part, left Twitter to focus on Bitcoin. Since then, his Block company announced several projects that’ll definitely strengthen the Bitcoin network.

About the MicroStrategy World conference, the press release promises it’ll be “focused on Enterprise Analytics and Bitcoin for Corporations. World 2022 is 100% virtual, and—for the first time ever—access to all sections of the conference is free of charge.” That’s an unbeatable price.

What Will Saylor And Dorsey Talk About?

The conference has two sides, two different events that showcase MicroStrategy’s duality:

“The Enterprise Analytics event will introduce bold new ways to think about analytics and business intelligence, and showcase organizations who’ve used data as a strategic differentiator. The Bitcoin for Corporations event will explore the various benefits of incorporating Bitcoin into corporate initiatives.”

As you might expect, NewsBTC will focus on the second event. It’s important to say that both Dorsey and Saylor’s companies have Bitcoin on their balance sheet. These two put their money where their mouth is, and then some. In any case, what does MicroStrategy World promise?

“An in-depth discussion on Bitcoin between two visionary voices: Jack Dorsey, CEO of Block, Inc., and Michael Saylor, CEO of MicroStrategy Inc. This session will be followed by a discussion on Bitcoin Treasury with Phong Le (President and CFO, MicroStrategy). Bitcoin for Corporations will also feature live interviews with industry experts from Coinbase, Deloitte, Fidelity Digital Assets, Genesis, Jefferies, NYDIG, Paxos, and Silvergate Bank.”

It’s noteworthy that Fidelity Digital Assets recently shocked the world by predicting more countries and probably a Central Bank or two would add Bitcoin to their balance sheet in the next few years. Christine Sandler, Fidelity’s Head of Sales & Marketing, will represent the company at the conference. 

Saylor ’s Recent Bitcoin History

Since MicroStrategy first added Bitcoin to its balance sheet in August 2020, the company has increased the bet every few months. They issued common stock. They sold stocks. They bought, and bought, and bought, and bought. In a recent interview, Saylor explained the strategy and NewsBTC reported:

“Look, our long term strategy is kind of like Harvard University. We’re running a university but we have an endowment. MicroStrategy is selling enterprise software. We generate $100 million in cash flow a year – in a good year – and we are reinvesting that cash in our endowment. Our endowment is 100% bitcoin.”

Saylor adds that MicroStrategy plans to acquire and hold bitcoin as a balance sheet. As for the operations, the company will continue to sell its enterprise software everywhere in the world.”

Related to this, about MicroStrategy’s free conference, Saylor said:

“We have gained a wealth of experience and expertise innovating our treasury strategy and evolving our corporate bitcoin acquisition strategy. And we’re pleased to be in a position to share our knowledge—via this curated event—for corporations looking to pursue similar strategies and bold initiatives.”

Dorsey’s Recent Bitcoin History

For his part, Dorsey’s strategy is much different than Saylor’s. He’s working in infrastructure. Dorsey’s fortifying the network’s weak parts. Among other things, Block announced they’re building a decentralized Bitcoin exchange called tbDEX. Released the Lightning Development Kit. And announced they’re working in an open-source ASIC miner

On a personal level, Dorsey and rapper Jay-Z put 500 BTC in a blind trust to promote Bitcoin development in Africa and India. And created the Bitcoin Defense Legal Fund to protect developers from all kinds of lawsuits.

BTC price chart for 01/21/2022 on Gemini | Source: BTC/USD on

The Price Of Bitcoin

Despite Saylor’s and Dorsey’s efforts, Bitcoin is bleeding. On one hand, Proof-Of-Stake proponents straight up lied before U.S. Congress in a hearing about Proof-Of-Work’s environmental risks. On the other, there’s a rumor that Russia is considering banning Bitcoin in some capacity. Both of those situations caused panic in the market, and Bitcoin’s price is currently 40% lower than the ATH of $69K. 

Will Michael Saylor buy the dip? 

Featured Image: screenshot from the conference's website | Charts by TradingView

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Stacks Price Prediction 2022 — Will STX Hit $4 Soon?



Stacks Price Prediction 2022 — Will STX Hit $4 Soon?
  • Bullish STX price prediction is $1.750 to $2.722.
  • The STX price will also reach $4 soon.
  • STX bearish market price prediction for 2022 is $0.514.

In Stacks’s (STX) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and much other information about STX to analyze the future movement of the cryptocurrency. 

Stacks Current Market Status

According to CoinGecko, the price of STX is $1.80 with a 24-hour trading volume of $148,941,041 at the time of writing. However, STX has decreased nearly 13.9% in the last 24 hours.

Moreover, STX has a circulating supply of 1,052,561,461 STX. Currently, STX trades in cryptocurrency exchanges such as Binance, OKX, KuCoin, Mandala Exchange, and

What is Stacks (STX)?

Stacks is a layer-1 blockchain solution that is designed to bring smart contracts and decentralized applications (DApps) to Bitcoin (BTC). These smart contracts are brought to Bitcoin without changing any of the features that make it so powerful, including its security and stability. Stacks is powered by the Stacks token (STX), which is used for fueling the execution of smart contracts, processing transactions, and registering new digital assets on the Stacks 2.0 blockchain. Stacks look to take what makes Bitcoin so powerful, and extend it with additional functionality, without needing to fork or change the original Bitcoin blockchain.

Stacks (STX) Price Prediction 2022

Stacks holds the 64th position on CoinGecko right now. STX price prediction 2022 is explained below with a daily time frame.

STX/USDT Horizontal Channel Trend Pattern (Source: Tradingview)

The horizontal channel trend has the appearance of a rectangle pattern. It consists of at least four contact points. This is because it needs at least two lows to connect, as well as two highs. Buying and selling pressure is equal and the prevailing direction of price action is sideways.

Currently, STX is in the range of $1.80. If the pattern continues, the price of STX might reach the resistance level of $2.670. If the trend reverses, then the price of STX may fall to $1.764.

Stacks (STX) Support and Resistance Level

The below chart shows the support and resistance level of STX.

STX/USDT Support and Resistance Level (Source: TradingView)

From the above daily time frame, it is clear the following are the resistance and support levels of STX.

  • Resistance Level 1 – $1.750
  • Resistance Level 2 – $2.295
  • Resistance Level 3 – $2.722
  • Support Level 1 – $1.130
  • Support Level 2 – $0.777
  • Support Level 3 – $0.514

The charts show that STX has performed a bullish trend over the past month. If this trend continues, STX might run along with the bulls overtaking its resistance level at $2.722.

Accordingly, if the investors turn against the crypto, the price of the STX might plummet to almost $0.514, a bearish signal.

Stacks Price Prediction 2022 — RVOL, MA, and RSI

The Relative Volume (RVOL) of STX is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of STX lies below the cutoff line, indicating weaker participants in the current trend.

STX/USDT RVOL, MA, RSI (Source: TradingView)

More so, the STX’s Moving Average (MA) is shown in the chart above. Currently, STX is in a bearish state. Notably, the STX price lies below 50 MA (short-term), so it is completely in a downward trend. Therefore, there is a possibility of a reversal trend of STX at any time.

Meanwhile, the relative strength index (RSI) of the STX is at level 40.22. This means that STX in a nearly oversold state. However, this means a major price reversal of STX may occur in the upcoming days. So, traders need to trade carefully. 

Stacks Price Prediction 2022 — ADX, RVI

Let us now look at Stacks Average Directional Index (ADX). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. Furthermore, this system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

The above chart represents the ADX of Stacks. Currently, STX lies in the range of 19.318, so it indicates a weak trend. 

From the above chart, the Relative Volatility Index (RVI) of STX. RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of STX lies below the 50 levels, indicating that the direction of volatility is low. In fact, STX’s RSI is at 40.22 level thus confirming a potential sell signal.

Comparison of STX with BTC, ETH

The below chart shows the price comparison between Bitcoin, Ethereum, and Stacks.

BTC Vs ETH Vs STX Price Comparison (Source: TradingView)

From the above chart, we can identify the trend of the ETH, BTC, and STX is moving at the same level as the trend. This indicates that when the price of BTC increases or decreases, the price of ETH and STX also increases or decreases respectively.


With continuous improvements in the Stacks network, we can say that 2022 is a good year for STX. For this reason, the bullish price prediction of Stacks in 2022 is $2.722. On the other hand,  the bearish STX price prediction for 2022 is $0.514.

Furthermore, with the advancements and upgrades on the STX ecosystem, the performance of STX would help to reach above its current all-time high (ATH) $3.39 very soon. But, it might also reach $4 if the investors believe that STX is a good investment in 2022.


1. What is Stacks?

Stacks is a layer-1 blockchain solution that is designed to bring smart contracts and decentralized application (DApps) to Bitcoin (BTC). 

2. Where can you purchase STX?

STX has listed on many crypto exchanges which include Binance, OKX, KuCoin, Mandala Exchange, and 

3. Will STX reach a new ATH soon?

With the ongoing developments and upgrades within the STX platform, it has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Stacks?

On December 1, 2021, STX reached its new all-time high (ATH) of  $3.39.

5. Is STX a good investment in 2022?

Stacks (STX) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of STX in the past few months, STX is considered a good investment in 2022.

6. Can Stacks (STX) reach $4?

Stacks (STX) is one of the active cryptos that continues to maintain its Bullish state. Eventually, if this bullish trend continues then Stacks (STX) will hit $4 soon.

7. What will be the STX price by 2023?

Stacks (STX) price is expected to reach $5.7 by 2023.

8. What will be the STX price by 2024?

Stacks (STX) price is expected to reach $7 by 2024.

9. What will be the STX price by 2025?

Stacks (STX) price is expected to reach $7.9 by 2025.

10. What will be the STX price by 2026?

Stacks (STX) price is expected to reach $9 by 2026.

Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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Bitcoin Breaks $37,000, Why Downtrend To $29,000 Is Likely



Bear with red arrow threatening man with piggybank

Bitcoin has now broken down past $38,000 for the first time in over four months. This is a crucial point for the digital asset given that it has successfully maintained its position above this level throughout all of the crashes and dips of the previous month. While most would like to think that this is only a temporary setback that will soon be resolved, analyst Nicholas Merten has warned investors to brace for even more volatility.

Prepare For Further Downside

In a recent video on his YouTube channel, Merten shared with his over 87K subscribers some gloomy analysis surrounding bitcoin. The analyst starts out by acknowledging what most have experienced in the market, believing that the recent rebound was a telltale sign of more upside to come. However, this could not have been more wrong as the digital asset has suffered even more dips following that.

Related Reading | Bitcoin Implied Volatility Plummets To Pre-Bull Market Levels: What This Means

Merten pointed out the fact that the gains realized from when bitcoin jumped from $41k to $44k have quickly faded and that there is not a lot of significant support ranges as the digital asset makes its way down with the downtrend.

He predicts some major volatility that will drag the price down to levels not seen in about a year. Comparing the market to that of May 2020, which would see the price fall to the $29,000 range. “It’s just likely at this point that we repeat what we saw back in May to some degree,” he said. “Having a correction down to this range [$29,000 to $30,000], getting people towards what I would define as max pain It basically defines the point of peak fear when everyone, even the bulls are convinced that we’re in a bear market.”

The analysts expect more downside to the tune of 20% to 30%, which would put the price of bitcoin at the range he predicts.

BTC crumbles below $37k for first time in four months | Source: BTCUSD on

Still Bullish On Bitcoin

The fact that Merten relayed such a gloomy diagnosis for bitcoin in the short term does not mean that the analyst is particularly bearish in the long term. He explained that despite the market showing bearish trends, he remains a bitcoin bull.

“We’ve been bearish in the short term over the past couple of weeks and we believe that there is still more downside to go, [but] I’m still a long-term bull.”

Related Reading | I Only Hold 1 Bitcoin, Real Vision CEO Raoul Pal Reveals

Additionally, Merten reiterates the fact that the market is still in a bull trend. Usually when prices start declining as fast as they are now, panic spreads across the space as most believe the bull market is over. For Mertern, this is not the case. He explains that just as a downward correction is likely, bitcoin could very well switch up and head towards the $150K to $200K range.

“I believe that we’re still in a bull market, not a bear market. It’s very likely that we could see this correction, but at the same time, it could be the catalyst to finally set ourselves up on the next uptrend and charter towards the $150k range, $200k range for Bitcoin.”

At the time of writing, bitcoin’s price is down 9.61% to be trading at $37,945.

Featured image from Medium, chart from
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