Category: Cryptocurrency

While the Chinese central bank’s digital currency plan is perhaps the best known example of the development of a central bank digital currency, it isn’t the only one. Many smaller central banks have already begun to undertake their own cryptocurrency projects. And while major central banks such as the Bank of England and European Central […]

China’s digital yuan, perhaps the largest and most important government-backed cryptocurrency project to date, was supposed to launch early this year. Development had been delayed this year, but earlier in January the Chinese central bank stated that its design process, standard-setting, and testing were rapidly nearing completion. But now that many areas of China are […]

When Bitcoin was first created and released to the public, its intended use was as a currency to use in everyday transactions at the point of sale. But while the novelty of using Bitcoin to purchase a bottle of water appealed to some people, many others wondered what Bitcoin could do that cash and credit […]

Many financial advisers probably look longingly at the great gains made by cryptocurrency investors and wish they had gotten in on the game. Last year Bitcoin made about a 90% gain over the course of the year, tripling the gains that major stock market indices made in what was a great year for stocks. But […]

With more and more Bitcoin investment options opening up all the time, and with interest in cryptocurrencies continuing to grow each month, it looks like 2020 could be a breakout year for Bitcoin and other cryptocurrencies. A recent cryptocurrency report published by Bloomberg sets out a bullish case for Bitcoin in 2020, as unease in […]

Bitcoin options trading began in earnest last week, with CME Group beginning Bitcoin options trading on the CME Globex exchange last Monday. While competitor ICE’s platform Bakkt has been offering Bitcoin options since December, the new competition should further enliven the Bitcoin investment markets. The Bitcoin price soared nearly 10% in the aftermath of CME’s […]

Bitcoin recently set a new record for hash rate, as miners are getting back into the Bitcoin mining game. The total hash rate surpassed 119 exahashes per second (EH/s) in early January, breaking the previous record of 114 EH/s that had been set back in October. These levels are significantly greater than the levels seen […]

In the aftermath of the assassination of Iranian general Qasem Soleimani in Iraq, markets reacted just as many could have predicted them to. Gold and oil spiked, while stock markets slumped. But while the mainstream financial media focused on those three assets, another one made quiet gains as well: Bitcoin. Just like gold, Bitcoin spiked […]

It seems as though hardly a day goes by when there isn’t news of some cryptocurrency fraud or theft. Whether it’s outright theft or embezzlement of cryptocurrency, or theft by deception such as phishing or hacking, the stakes can be quite high when it comes to keeping your cryptocurrency investments safe. Cryptocurrency investors need to […]

After the massive Bitcoin price rise in 2017, many financial analysts have categorized Bitcoin’s performance since then as disappointing. What they fail to understand is that Bitcoin was by far the best-performing asset of the last decade. And even its performance in so-called off years has been remarkable. After what for many investors was a […]