Entertainment: From idol to true love! These stars married fans!

Syesha Mercado Reunites with Son Amen'Ra After Months-Long Custody Battle: 'This Has Been a Nightmare'

  Syesha Mercado Reunites with Son Amen'Ra After Months-Long Custody Battle: 'This Has Been a Nightmare' American Idol alum Syesha Mercado said that son Amen'Ra, 20 months, was taken from her custody on March 11 Mercado spoke in detail about the ordeal in another video posted to her Instagram on Tuesday, sharing that she and Deener must now complete "weight check-ins" for Amen'Ra as well as have the toddler attend therapy sessions. "We have to weigh our son. He's not allowed to lose weight," she said. "He has to do therapies where they monitor his play ... and he still has appointments.

A young girl watches an episode of Squid Game on October 16, 2021 in Rotterdam, Netherlands. © Photo by Robin Utrecht/ABACAPRESS.COM A young girl watches an episode of Squid Game on October 16, 2021 in Rotterdam, Netherlands.

Bitcoin is trading around US$62,000 ($76,967) this week, a nearly 70 per cent increase from a year ago. At the same time, SQUID, a new crypto token named after the Netflix sensation Squid Game, saw its value crash to nearly zero — after skyrocketing by thousands of per cent — in an apparent scam.

Read more: The Bitcoin craze is back. Is it different this time?

If you're wondering, as an investor, whether you should dabble in digital tokens, you're likely to hear very different opinions from investment advisors. While some remain loath to put any of their clients' money in crypto, others argue investors who can stomach the risk may want to consider devoting a small share of their portfolio to this new type of asset.

See Hallmark's Full 2021 Christmas Slate: The Details on All 41 New Holiday Movies

  See Hallmark's Full 2021 Christmas Slate: The Details on All 41 New Holiday Movies It's a holly, jolly day: Hallmark has announced the schedule and details for all 41 of their 2021 original holiday movies Below, get the full schedule, along with the network's official loglines: "COUNTDOWN TO CHRISTMAS" ON HALLMARK CHANNEL Friday, October 22, at 8 p.m.You, Me & The Christmas TreesStars: Danica McKellar, Benjamin Ayres, Jason HerveyLogline: Olivia is Connecticut's resident expert on evergreens who, just days before the holiday, agrees to help Jack, a fourth-generation Christmas tree farmer in Avon.

If you don't know where to start, it helps to look at some of the risks that come with digital coins.

Video: El Salvador becomes 1st country to adapt Bitcoin as legal tender

One thing to know about the crypto space: it continues to be rife with scams.

"Why is that? Well, anybody can issue a (digital) token," says Andreas Park, a professor of finance at the University of Toronto and blockchain expert.

SQUID, which never had any official affiliation with Netflix, traded for a week before its creators abruptly announced they no longer intended to develop the token. Those who bought in collectively lost US$3.3 million ($4.1 million), according to an estimate by technology website Gizmodo.

Read more: Why the COVID-19 pandemic highlights Canada’s need for a digital currency

Married at First Sight's Austin Hurd, Jessica Studer Welcome Their 1st Baby

  Married at First Sight's Austin Hurd, Jessica Studer Welcome Their 1st Baby Married at First Sight's Austin Hurd, Jessica Studer Welcome Their 1st Baby Married at First Sight mom and dad! Jessica Studer and Austin Hurd welcomed their first child on Wednesday, November 3. Adorable! 'Married at First Sight' Babies: Pics Read article The couple named their son Westin Paul Hurd. He weighed 7 pounds, 12 ounces and measured 20 inches. The reality stars announced in July that they were starting a family. “From the moment we said I do we wanted to get to this point,” the Maryland native, 34, captioned his Instagram announcement at the time.

Crypto experts have described SQUID as an example of a "rug pull" scam, in which developers draw in unsuspecting investors with the promise of creating a new token, only to quickly walk away with their funds, driving the cryptocurrency's value to zero.

In the case of SQUID, part of the draw reportedly was the promise to create a play-to-earn platform inspired by the deadly tournament of the Squid Game show, in which adults play a deadly version of children’s games in the hopes of winning a big jackpot.

"Rug pulls usually happen in the decentralized finance (DeFi) ecosystem, especially on decentralized exchanges (DEXs)," reads a post by crypt price-tracking website CoinMarketCap.

Even if you're investing in established cryptocurrencies, another danger lies in letting crypto exchanges hold onto your digital coins, Park says.

"Exchanges get hacked," he says.

COVID-19 live updates: Frustration grows over maiden names on Quebec vaccine documents

  COVID-19 live updates: Frustration grows over maiden names on Quebec vaccine documents Updated throughout the day on Thursday, Nov. 11. Questions/comments: [email protected] Top updates Cases continue to rise in Quebec even as hospitalizations fall Vienna brothel incentivizes vaccination after losing half of its clientele Video: Dubé answers questions about Quebec’s abrupt change of strategy on increasing access to family doctors Reader mailbag: Frustration grows over maiden names on Quebec vaccine documents Quebec tables bill to improve family doctors’ work practices During first wave, Quebec wasn’t sure it could learn from nursing-home outbreaks in other countries, Massé says Quebec reports 663 cases, 4 deaths as hospitalizations fall again C

Canada’s now-defunct crypto exchange QuadrigaCX operated like a Ponzi scheme, according to the Ontario Securities Commission (OSC), which has been leading a push to regulate crypto dealers.

If you don't want to rely on intermediaries, a safer alternative is to hold the asset in a so-called "hot wallet," accessible online, or store it offline in a "cold wallet," a piece of hardware.

Read more: Why NFTs are taking the art and sport worlds by storm

But that is "a bit of a hassle and it's a learning curve," Park says. "It's not easy for people to do."

A simple way to gain some exposure to digital tokens while sidestepping the headache of actually holding cryptocurrency is to invest in crypto-holding exchange-traded funds (ETFs), which can be bought or sold like a stock.

"Clearly, an ETF is the easier solution," Park says.

In February, the OSC cleared the way for the world’s first Bitcoin ETF. Canadians can now buy ETFs tracking Bitcoin, Ether (the token supported by the Ethereum blockchain) or both.

If you're investing in crypto, get ready for a rough ride. Although cryptocurrencies like Bitcoin and Ether now trade at many multiples of their value just a few years ago, they're still prone to dizzying highs and stomach-crunching drops.

Girl Dad! Thomas Rhett Lauren Akins Welcome Their 4th Daughter

  Girl Dad! Thomas Rhett Lauren Akins Welcome Their 4th Daughter Girl Dad! Thomas Rhett Lauren Akins Welcome Their 4th Daughter“Our little miss Lillie Carolina Akins was born on November 15th and our family couldn’t be more over the moon about our littlest joy, Akins, 32, told her Instagram followers on Wednesday, November 17. “If He dresses the lilies with beauty and splendor / How much more will He clothe you? / If He watched over every sparrow / How much more does He love you?’ Lyrics from ‘Jireh’ by @elevationworship and @maverickcitymusic inspired by scriptures in Matthew 6 & Luke 12. Just love hearing her name as the sweetest reminder of how much God cares for us.

Some crypto experts point to signs that at least Bitcoin is no longer quite as volatile as it used to be a decade ago.

Park, however, is skeptical.

"The volatility may temporarily ease off a little bit because it's traded on so many different places," he says. "But I would not go that far to say that it's coming down."

Read more: Canada’s digital loonie would be greener than Bitcoin, Bank of Canada says

Still, for all their wild ups and downs, what affects the price of cryptos is generally different than what drives fluctuations of other investments like stocks and bonds, notes Darryl Brown, director of portfolio strategies at Spring Planning.

"For many investors, crypto can be a reasonable part of a diversified portfolio," he says.

Brown says he recommends considering a small allocation — in the range of one to five per cent of a diversified portfolio — to crypto.

"It should not be a substantial part of your portfolio," he warns.

Video: Dogecoin: How the joke cryptocurrency became no laughing matter

Worried about whether the value of your crypto holdings could ever go to zero? Even for established tokens like Bitcoin and Ether, experts have very different opinions on the matter.

"I would say it's extremely unlikely that the value would go to zero," Brown says.

Brian Mosoff, CEO of Toronto-based Ether Capital, agrees. He likens Bitcoin and Ether to bluechip stocks, shares of large, well-established companies with a long history of solid financial results.

Carrie Underwood, Jason Aldean Honor Their Hometowns With AMAs Duet

  Carrie Underwood, Jason Aldean Honor Their Hometowns With AMAs Duet Carrie Underwood, Jason Aldean Honor Their Hometowns With AMAs DuetUnderwood, 37, and Aldean, 44, reflected on their upbringings in an emotional video package before hitting the stage on Sunday, November 21.

Read more: Amazon denies reports that it may accept bitcoin as payment by end of 2021

Park offers a different take.

Bitcoin's existence is "basically based on the idea that people somehow want it. And if people at some point decide that they don't want it, then the price could go to zero," he says. The same holds for Ether or any other digital token, he adds.

Still, Park is skeptical of the idea that cryptocurrencies could be regulated out of existence.

Many of the issues surrounding cryptocurrencies stem from the fact that "many of these tokens are effectively securities and they currently don't abide by the securities regulations," he says. At the same time, he adds, "it's going to be very difficult to regulate some of the tokens simply because there is no firm that underlies (them)." 

"It's just functionally very difficult to go after anybody as a regulator if there is no firm entity that you can actually point your finger to," he says.

Still, governments' attempts to tighten the rules on — or stomp out entirely — cryptocurrencies supported by decentralized networks can dampen the price of digital coins.

Read more: Bitcoin price tops US$60,000, nearing record high

In September, China intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and mining, hitting Bitcoin and other major coins and pressuring crypto and blockchain-related stocks.

The move comes amid a global cryptocurrency crackdown as governments from Asia to the United States fret that privately operated highly volatile digital currencies could undermine their control of the financial and monetary systems, increase systemic risk, promote financial crime and hurt investors.

Dean Unglert: If Caelynn Wants to Get Married, She Will Have to Propose

  Dean Unglert: If Caelynn Wants to Get Married, She Will Have to Propose Dean Unglert: If Caelynn Wants to Get Married, She Will Have to ProposeDuring the Monday, November 22, episode of his “Help! I Suck at Dating” podcast, the Bachelorette season 13 alum, 30, mentioned a conversation he had with fellow Bachelor in Paradise contestant Derek Peth and his fiancée, Saffron Vadher, about his current relationship status.

The U.S. Federal Reserve, though, has said it has no plans to ban Bitcoin and other cryptocurrencies.

"There are different regulatory regimes throughout the world that are taking a look at cryptocurrencies, and they are forming an evolving opinion," Brown says. "Whether that opinion is supportive or negative towards the future of cryptocurrencies and its inclusion and its availability and its accessibility for investors, that's going to be a risk that ... (is) going to continue to play out for years and years."

Another important consideration if you're pondering investing in cryptocurrencies: while you can hold crypto-backed ETFs in your tax-free savings account (TFSA) and registered retirement savings plan (RRSP) you cannot keep crypto assets themselves in a tax-advantaged account.

This means that, if you sell cryptocurrency for more than you bought it for, the Canada Revenue Agency may view your profit as taxable capital gain.

It's also good to know that crypto ETFs in Canada often carry fees of one per cent or more, which are substantially higher than what the lowest-cost ETFs charge.

Read more: Bitcoin price sinks as China cracks down on cryptos, declares all transactions illegal

Mosoff says the higher fees reflect the fact that crypto ETFs are "complex products." Besides, he adds, the cost of a one per cent fee pales in comparison with the eye-popping gains many coins have delivered.

Investors should also be aware that crypto ETFs may not perfectly track the value of their underlying coins, Brown says.

"Tracking error has to do with in the creation of exchange-traded funds — the way that these entities go about actually mimicking the price movements of the underlying asset," he says.

For example, you may see that a specific coin has increased by four per cent, while your ETFs tracking that token have only risen by 3.9 per cent in the same time span, Brown explains.

"Those little deviations don't sound like a lot," he says, but the gap "could be significant the longer that you hold it."

Finally, you may also want to consider the environmental impact of cryptocurrencies, Brown says.

"They may not be an investment that is particularly aligned with someone's values, especially when it comes to things like energy use."

— With files from Reuters

90 Day Fiancé's Evelyn Cormier and David Vázquez Zermeño Split After 4 Years of Marriage .
The couple appeared on season 5 of the TLC reality series90 Day Fiancé's Evelyn Cormier and David Vázquez Zermeño are going their separate ways after four years of marriage, PEOPLE has confirmed.

See also