More and more financial companies continue to enter the cryptocurrency fray. Such companies stand to earn huge sums from investments and trading fees. However, not all companies rushed into cryptocurrencies, and some remain holdouts today. Barclays President Tim Throsby mentioned the firm's potential interest in cryptocurrencies late last year. No…
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Investment
The current state of the cryptocurrency market means rough waters
Equity markets and cryptocurrency markets alike plowed forward in 2017. Each market saw incredible gains throughout the year, especially cryptocurrencies. Unfortunately, that trend reversed in the beginning of 2018. Cryptocurrency markets started to see consistent losses, and even equity markets took a temporary tumble. Most equity markets saw better gains…
The Dark Side of Cryptocurrencies
Cryptocurrencies are of much concern to government authorities around the world for several reasons: they might undermine the standard of currencies issued by central banks, resulting in potential economic depressions worse than ever seen before; they're unregulated, which means activities involving cryptocurrencies could defraud investors of their personal wealth; and…
2018 Cryptocurrency Remains Stable Despite Last Year's Wild Volatility
In December 2017, dozens of cryptocurrencies launched to the moon, hitting astronomical valuations. That trend continued into the new year for at least a few days. Momentum soon swung downward as the market took a tumble. Within days, $800 billion in market cap dwindled down at a rapid pace. Bitcoin…
Thinking about investing in cryptocurrencies? Now might be the time
In 2017, cryptocurrencies and block chain technology were hot. In 2018, their not. This is bad news for people already holding them, but potentially good news for investing new money. A good plan is to wait until they hit bottom and then get in on some good deals. BTC/USD…
Step-by-step guide to understanding how crypto gambling works
In recent years, cryptocurrencies like Bitcoin and Monero have grown in popularity. Since these digital currencies can't be controlled by any single government, they're often used for gambling and other legally-grey areas. While there are a ton of cryptocurrency gambling websites that offer prizes for users, it's important to remember…