Here's How Bitcoin is Enticing Some to Risk Their Savings

The tax advantage of digital currencies, plus the return of a high-risk, high-reward alternative asset class. It's like any other asset investment but instead of gold, cash, and bonds, it's backed by Bitcoin and that certainly has been a good thing for Roy Trimboli. He put 10 Bitcoin into CoinJolt.com a year ago …
Google Alert – bitcoin

Bitcoin is retesting the $10000 level – here's why it's so important

Last November, the price of bitcoin crossed the $ 10,000 level for the first time. The rest of 2017 was an explosive ride, shooting up near $ 20,000 per coin before closing out the year just above $ 13,400. Now, we're right back to last November, making note of bitcoin breaking above $ 10,000 Thursday …
Google Alert – bitcoin

Here's proof that this bitcoin crash is far from the worst the cryptocurrency has seen

Panicking that the bitcoin bubble has finally burst? The popular cryptocurrency actually has a history of surviving crashes, and in its short life has already been through 13 major corrections or crashes. That's according to an analysis by data visualization site HowMuch, which compiled all of bitcoin's …
Google Alert – bitcoin

Bitcoin is bonkers right now. Here's why you shouldn't count it out.

Bitcoin's price is a moving target. In the short term, the cryptocurrency is plunging in value: from north of $ 17,000 a month ago, it crashed down to around $ 7,500 today. The fluctuations are enough to make anyone wonder: What's going on? In the simplest sense, Bitcoin's price is determined through a …
Google Alert – bitcoin

This 24-year-old quit his job after making a fortune in bitcoin and other cryptocurrencies — here's …

Advani invested $ 34,000 in cryptocurrencies like bitcoin and startups working on related technologies, and he watched his net worth balloon to low seven figures in six months. At an age when many people are trying to climb up the career ladder, Advani works as an advisor to cryptocurrency startups …
Google Alert – bitcoin

Here's what the world was like last time a barrel of oil cost this much

But 2014 was a rough period for the cryptocurrency: It plunged 58 percent during that time to close the year at $ 319.70, according to Coindesk's Bitcoin Price Index, which tracks prices from major digital currency exchanges. Notable developments around that time in the cryptocurrency space included …
Google Alert – bitcoin