Dollar-Cost Averaging (DCA) is a strategy where a fixed amount of an asset is periodically purchased, regardless of the asset’s current price, to mitigate risk and potentially reduce cost basis.
In August 2023, cryptocurrency witnessed JP Morgan’s positive outlook and new tax rules from the Biden Administration.
The Ethereum 2.0 upgrade replaced the energy-intensive Proof of Work with Proof of Stake, reducing energy consumption by 99.95% and lowering transaction fees while increasing scalability.