Cryptocurrencies: What to Watch for in 2019

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2018 was a terrible year for cryptocurrencies. One-time high-fliers like Bitcoin (BTC) slipped from lofty valuations near $20,000 to less than $4,000 in months. And while many investors have abandoned the space, there are still signs of solid growth and upside ahead. One, we’re watching for Institutional Interest One thing we have our eye on … Continue reading “Cryptocurrencies: What to Watch for in 2019”

FUD: Fear, Uncertainty, and Doubt

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The cryptocurrency market is a fairly new concept. The market is the result of a major technological innovation of this century in the financial sector. However, the concept of fear, uncertainty and doubt is old and precedes cryptocurrency by time immemorial. Shortened as FUD, fear, uncertainty and doubt are especially rampant in the crypto market … Continue reading “FUD: Fear, Uncertainty, and Doubt”

Cryptocurrency: Five Common Misconceptions to Avoid

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With anything new, there are always common misconceptions.  Cryptocurrency is no exception to that. In fact, here are some of the top misconceptions that you might want to pay attention to. Cryptocurrency is a replacement of fiat money Among these misconceptions, this one is a bit ridiculous.  Cryptocurrency replacing fiat money is not realistic and … Continue reading “Cryptocurrency: Five Common Misconceptions to Avoid”

Crypto Trader Believes Bitcoin will Bottom at $3,000

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As the cryptocurrency market continues to take a sharp tumble, many cryptocurrency analysts are providing their predictions. Bitcoin (BTC) fell significantly last week, reaching its lowest point in 12 months. Indeed, investors didn’t find that funny as many of them anticipated that the market would be gearing for a rally by now. Generally, most of … Continue reading “Crypto Trader Believes Bitcoin will Bottom at $3,000”

Cryptocurrencies: A Year Ago, Bitcoin Traded at $8,200

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One year ago, U.S. cryptocurrency investors had an amazing Thanksgiving. Indeed, Bitcoin (BTC) was trading at $8,200 USD at the time. After a minor correction in October, the preeminent cryptocurrency continued to head northwards. There is no denying the fact that the U.S. cryptocurrency community was in a celebratory mood. Yes, the Thanksgiving celebration was … Continue reading “Cryptocurrencies: A Year Ago, Bitcoin Traded at $8,200”

Guide: How Bitcoin Started

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Bitcoin is one of the most famous cryptocurrencies and a valuable digital asset. It works like an  exchange medium on a decentralized system., i.e it is not under the control of central authorities. The credit for Bitcoin’s beginning goes to Satoshi Nakamoto, who was the one to introduce this digital currency. While creating the currency, he … Continue reading “Guide: How Bitcoin Started”

Willy Woo Forecasts Bitcoin (BTC) Bottom in Q2 2019

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2018 has been bearish, and recently presented a record low for Bitcoin (BTC). On Wednesday, the coin plunged over 11% to the lowest it’s been since before the Q4 2017 surge. And today, Monday, it dropped 8% as the pullback continues. Popular analyst Willy Woo says the worst is not yet over. With the number … Continue reading “Willy Woo Forecasts Bitcoin (BTC) Bottom in Q2 2019”

Cryptocurrency: Understanding the Tax Process applying to Bitcoin

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Taxing cryptocurrencies is proving to be a challenge for both authorities and taxpayers. The tax obligation and process are still a little hazy to most people in the crypto space.  Bitcoin and other cryptocurrencies gained a lot of interest for lack of any regulatory obligations. Many love the digital currencies since no government or banking … Continue reading “Cryptocurrency: Understanding the Tax Process applying to Bitcoin”

Bank of America Wins Patent for Private Key Storage

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On Tuesday, the U.S. Patent and Trademark Office awarded Bank of America its latest patent. It is for the secure, tamper-proof storage of private keys for large enterprises. The major institution has been collecting many such patents in preparation for the growth of cryptocurrency. Bank of America, the second largest bank in the U.S., holds … Continue reading “Bank of America Wins Patent for Private Key Storage”

Bitcoin (BTC) Drops to its Lowest Price in 12 Months

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Just when Bitcoin (BTC) bulls think that the storm was over, they realize how wrong they were. From the look of things, market indicators for a possible rally are discouraging. Indeed, these are no mere speculations as the BTC price again plummeted on Wednesday, falling to the lowest price in 12 months. This price dip … Continue reading “Bitcoin (BTC) Drops to its Lowest Price in 12 Months”