Coinbase CEO Brian Armstrong recently stated that within five years he expects the number of people within the cryptocurrency ecosystem to increase from 40 million to one billion. That would be a tremendous leap in adoption, meaning about 1 in 7 people around the world would be active in the cryptocurrency sphere, either as a […]
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Following in the footsteps of cryptocurrency businesses in South Korea and Japan, four US cryptocurrency exchanges have established a self-regulatory organization (SRO). The four, Gemini, Bitstamp, Bittrex, and bitFlyer USA, have created the Virtual Commodity Association Working Group, with the goal of becoming a self-regulatory organization for the US cryptocurrency industry. Among the aims of […]
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A recent survey of investors and consumers found that the majority want to buy more cryptocurrencies within the next 12 months. The survey, conducted by Sharespost, asked questions of nearly 2,500 consumers and over 500 individual accredited and institutional investors. Despite the short-term downswing in cryptocurrency prices, 59 percent of investors and 72 percent of […]
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One of the temptations that most investors fall prey to is the temptation to check the value of their investment portfolio on a daily basis. When prices rise significantly, they feel great; when prices drop significantly, they feel like they made a bad decision. But looking at things in the short term is never a […]
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Some of the highest-flying stocks of the past few years have been tech stocks. With the rise of cryptocurrencies and the creation of “disruptive” companies such as Uber and Airbnb, investors have been falling all over themselves in an attempt to cash in on the latest tech boom. Whether it’s investing in newer companies such […]
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One of the side effects of the surging popularity of cryptocurrencies has been the overwhelming demand for computer video cards. Due to the performance of the graphics processing units (GPUs) in video cards, they make an ideal source of computing power to mine numerous popular cryptocurrencies. And while Bitcoin mining has long been more efficient […]
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A recent publication by the Congressional Budget Office (CBO) highlighted the grave danger that faces the US economy as the government’s debt position continues to spiral out of control. The US national debt has already increased to more than 100% of GDP, and under certain scenarios CBO predicts that could reach as high as 165% […]
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When famed bank robber Willie Sutton was asked why he robbed banks he replied, “Because that’s where the money is.” With a financial system that is increasingly electronic, the money is more and more often no longer stored in banks, instead it’s stored online. So it’s no surprise that criminals continue to go to where […]
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It probably shouldn’t be too surprising to most people that hackers are the number one threat in the cryptocurrency world. Hacking was a problem even when Bitcoin wasn’t terribly valuable, with Mt. Gox having been a victim from 2011, when Bitcoin peaked at over $30, to 2014, when the hack was finally brought to light […]
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Housing prices throughout the United States continue to rise, with recent data showing that prices increased nearly 7% from a year ago. That’s the fourteenth consecutive month of price increases, an incredible run. And while that will eventually have to come to an end, when will that happen? For more and more Americans who want […]
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