Category: Cryptocurrency

The US Securities and Exchange Commission (SEC) now has not one, but two Bitcoin exchange-traded fund (ETF) proposals to decide on. The first major Bitcoin financial products to gain regulatory approval were Bitcoin futures, approved in late 2017 by the Commodities Futures Trading Commission (CFTC). Since that time Bitcoin ETF proposals have languished at SEC, […]

After several months of price declines and back and forth movement, it looks like Bitcoin has finally bottomed out and started to rebound. At one point naysayers thought it likely that Bitcoin would drop below $3,000, but now it looks like Bitcoin is set to break through the $4,000 barrier it has been challenging for […]

Just as quickly as it rose at the end of 2017, Bitcoin stumbled and began to lose value in early 2018. And from February 2018 onward Bitcoin continued to lose more and more value. It was a perplexing move that befuddled Bitcoin investors and market watchers. It was especially confusing since stock markets were losing […]

Most Bitcoin investors and enthusiasts understand the many advantages of Bitcoin and its usefulness both as a currency and as an investment. But while Bitcoin stands on the cusp of revolutionizing currency and payment systems throughout the developed world, it also plays a vital role in much of the developing world. In countries facing corrupt […]

With federal regulation of Bitcoin and cryptocurrencies basically remaining stagnant, many states have taken it upon themselves to clarify the status of Bitcoin and cryptocurrencies. Ohio recently became the first state to accept Bitcoin as a payment for taxes. Online retailer Overstock already stated that it would pay some of its Ohio taxes in Bitcoin. […]

In a further sign that Bitcoin continues down the path toward joining the financial mainstream, stock exchange operator Nasdaq has announced that it will add quotes for Bitcoin and Ethereum to its data service offered through the Nasdaq Global Index Data Service (GIDS). That change will take effect on February 25. Since Bitcoin, Ethereum, and […]

In another piece of positive news for Bitcoin, recent research indicates that Bitcoin’s mining network is growing more and more decentralized. That’s a positive for Bitcoin, as it means that no one network could threaten a potential “51 percent attack” and unilaterally rewrite Bitcoin’s rules. And the more decentralized the network becomes, the less likely […]

Most cryptocurrency investors choose one of two ways to store their cryptocurrency holdings: they either hold them with a cryptocurrency exchange or they utilize investment vehicles such as cryptocurrency IRAs and hold their assets with custodians. Unless investors look closely underneath the hood, they may not see the difference between the two, and may not […]

The fear of theft and hacking remains one of the issues keeping many people from trying to invest in cryptocurrencies. And recent research indicates that those people have every reason to remain fearful. Lat year an estimated $1.7 billion worth of cryptocurrencies were stolen from their owners, mostly from cryptocurrency exchanges. Total market capitalization of […]

To many in the cryptocurrency world the announcements surrounding the Venezuelan government’s petro cryptocurrency token were almost taken as a joke. With few details ever published about the cryptocurrency’s basis, how it would work, or how sales would be made, no one expected the petro to ever get off the ground. That didn’t dissuade the […]