Best online brokers for buying and selling cryptocurrency in May 2024
Cryptocurrencies have been on quite the ride since being introduced, with some early investors seeing…
Cryptocurrencies have been on quite the ride since being introduced, with some early investors seeing sizable gains, while those who bought at the peak are yet to fully recover from their losses. The digital coins have sparked much debate in the investment industry about their investment merits and viability, with legendary investors such as Warren Buffett…
Bitcoin mining is the process of creating new bitcoins by solving extremely complicated math problems that verify transactions in the currency. When a bitcoin is successfully mined, the miner receives a predetermined amount of bitcoin. Bitcoin is a cryptocurrency that’s gained a wide following due to its wild price swings and surging value since it was…
With the staggering rise and fall of some cryptocurrencies such as Bitcoin and Ethereum, crypto traders may have serious tax questions on their minds. The Internal Revenue Service (IRS) is stepping up enforcement efforts, and even those who hold the currency — let alone trade it — need to make sure they don’t run afoul…
Bitcoin ushered in the era of cryptocurrency in 2009, and it quickly became the name whenever anyone talked about digital currencies. In fact, it dominated the burgeoning scene so much that any other crypto was considered an “altcoin,” an alternative to Bitcoin. And that name stuck, though today there are literally thousands of competitors to the…
Cryptocurrencies are enormously volatile, but that volatility can create opportunities for profit if you’re looking to trade these digital assets. Cryptos such as Bitcoin and Ethereum have risen a lot since their debut — but they’ve also experienced tremendous boom-bust cycles along the way. Experienced traders have been speculating on cryptocurrencies for years, but how can you…
Bitcoin gets all the headlines when people talk about cryptocurrencies, but there are literally thousands of other options when it comes to these digital currencies. In fact, cryptos that aren’t Bitcoin are usually considered an “also ran” – what are called “altcoins,” or alternatives to Bitcoin. While Bitcoin may have been the first major cryptocurrency to hit…
Bitcoin liquidity battle heats up Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to local highs of $63,876 on Bitstamp before consolidating. BTC price action improved overnight after seeing lows under $61,000 — a weakness that persisted despite hot United States unemployment figures. Analyzing the status quo on order books, trading resource Material Indicators flagged a significant build-up…
The inflow of new investors into the crypto industry has been a boon for adoption but has also come at a cost. Now more than ever, the crypto industry is under the watchful eye of regulators concerned about market manipulation, investor protection, and the potential for crypto to facilitate illicit activities. The United States Commodity…
Bitcoin slid toward $62,000 during the Asian and European mornings on Wednesday as part of a broader dip across the crypto market in which tokens lost more of their gains from the rally at the end of last week. BTC is priced at around $62,200 at the time of writing, down nearly 2.9% in the last 24 hours….
Peter Thiel’s Founders Fund led a $13.2 million seed funding round into Lagrange Labs, a cryptography startup based on Ethereum’s EigenLayer restaking platform. Lagrange specializes in zero-knowledge (ZK) proofs – a way for computers to mathematically verify certain kinds of data. Zero-knowledge proofs, a type of cryptography, have wide applications to blockchains and have become a…