Tag Archives: cryptocurrency

10 Things To Know Before You Buy Bitcoin | The Startup Magazine

What to remember before buying bitcoin (BTC)?

The increasing popularity of cryptocurrency may indicate that folks are more interested in learning some basics about this new investment opportunity. Unfortunately, surveys have shown that 96% of American respondents failed to answer simple questions regarding bitcoin. That’s why future investors must boost their crypto-related know-how before they start investing in the BTC bubble. The recent market crash, in essence, serves as a warning to those who consider bitcoin a make-money-fast method without learning some essentials about cryptocurrency. Since bitcoin remains the most popular form of virtual money, we’re describing some of the most important factors people should remember before buying it.

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Best 5 Crypto Apps to Buy Bitcoin in 2022 | AllBusiness.com

Cryptocurrency trading has become more accessible than ever, driven by iterative upgrades to the services offered by leading crypto exchanges and brokers. In fact, the global cryptocurrency trading market is forecast to reach $4.94 billion by 2030. Nowadays, crypto apps are one of the most popular ways for investors to operate within the market, allowing for a seamless trading experience while on the go.

5 best crypto apps to trade with in 2022

The following are five of the best crypto trading apps available to investors. We will review all the elements investors must consider before deciding which to choose.

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Making Sense of Crypto | The Startup Magazine

One of the hottest topics in the investment world today is cryptocurrency.  It’s also one of the most misunderstood and with the current negative headlines about plunging value, easy to dismiss.  However, like most headlines on the evening news, there is more to understand about this digital currency than a quick two-minute newscast can cover.

What is crypto?

To understand what cryptocurrency is, you need to start with the Blockchain. In its simplest form, the Blockchain is just computer programs that perform specific functions. They are decentralized, meaning they are not owned by a specific entity.  Blockchain is essentially a records-keeper, much like your favorite accounting software. Where it differs, however, is that any additions or changes to its files are recorded permanently on its digital “log” and visible for all to see.  This makes Blockchain both a privacy-favoring transaction recording platform and one that is designed for trust, as any actions are visible and permanently recorded on the Blockchain.

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Millions in Bitcoin pouring into Ukraine from donors | BBC News

Cryptocurrency analysts say at least $13.7m (£10.2m) has so far been donated to the Ukrainian war effort through anonymous Bitcoin donations.

Researchers at Elliptic, a blockchain analysis company, say the Ukrainian government, NGOs and volunteer groups have raised the money by advertising their Bitcoin wallet addresses online.

More than 4,000 donations have been made so far, with one unknown donor gifting Bitcoin worth $3m to an NGO.

The median donation is $95.

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Should Your Small Business Accept Cryptocurrency? | businessnewsdaily.com

Before you start accepting cryptocurrency, take a look at some technical and pragmatic considerations.

  • Cryptocurrency is a digital medium of exchange that allows direct transactions without third-party processors.
  • Cryptocurrencies aren’t regulated or backed by any government.
  • Accepting crypto as payment at your business can lower transaction fees but also introduce security concerns.
  • This article is for entrepreneurs and small business owners interested in learning about cryptocurrency as a customer payment method.

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Goldman Sachs predicts bitcoin could hit $100,000 | CNN

Bitcoin prices have pulled back lately — but Goldman Sachs still sees strong gains ahead in the coming years.

The world’s most valuable cryptocurrency has fallen to about $46,000 after surging to a record high near $69,000 in November. Yet Goldman Sachs (GS) said in a report this week that bitcoin (XBT) could more than double, to a little over $100,000 per coin, within the next five years.

“We think that bitcoin’s market share will most likely rise over time as a byproduct of broader adoption of digital assets,” Zach Pandl, the co-head of global foreign exchange, rates and emerging market strategy for Goldman Sachs, said in the report.

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How to Accept Crypto Payments as a Small Business | Small Business Trends

It took only four months within the first half of 2021 for the global cryptocurrency usage to double to over 200 million. In this article, we’ll show you how to accept crypto payments as a small business.

As more people continue to warm up to crypto, a good number of small businesses are way ahead of the news, positioning themselves to serve the increasing number of crypto-paying customers.

Accepting Cryptocurrency Payments

According to a January 2020 HSB nationwide survey, 36% of small businesses accept cryptocurrency payments. If you’re among the enterprises left out of the crypto payments bracket, it’s probably time to start figuring out how to accept crypto payments to keep pace with the competition.

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Cryptocurrency Options in Employee 401(k) Plans | business.com

87 percent of full-time employees expressed interest in diversifying their retirement investments with cryptocurrency

While major cryptocurrencies such as Bitcoin are now household names, most Americans haven’t bought into this fast-growing asset class. One reason for this discrepancy is because the average American’s exposure to the broader investment market takes place through their employer-sponsored 401(k) plans.

And with so much volatility and so little regulation in cryptocurrency markets, traditionally risk-averse retirement managers have generally shied away from cryptocurrency investments.  But fresh data suggest the handful of companies already offering cryptocurrency retirement options are ahead of the curve.

New research on full-time employees preferences suggests that workers are interested in this new retirement savings option. These data suggest there is an untapped well of enthusiasm for cryptocurrency investments through a 401(k) plan; however, there remain variations in attitudes towards cryptocurrency investments depending on one’s age and current investments.

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Fake Walmart news release claimed it would accept cryptocurrency | BBC News

Cryptocurrency Litecoin saw a sudden surge in price on Monday over a press release about Walmart accepting it for payment – which turned out to be fake.

The release, published through a legitimate press channel, claimed that Walmart would accept the currency through all its digital stores.

Walmart later told US media outlets the announcement was “inauthentic”.

By that time, several major news websites and press agencies had spread the supposed news.

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Bitcoin’s Biggest Corporate Investor Buys Another $177 Million | Forbes

Data analytics firm MicroStrategy, which owns more bitcoin than any other corporation in the world, announced another big investment in the world’s largest cryptocurrency on Tuesday morning, doubling down on its staggering commitment as the nascent market recovers from a $1 trillion crash this year.

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