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From Options to Debit Cards: Cryptocurrency Is Making Inroads Into Finance

Every day seems to bring fresh news of the new inroads made by cryptocurrencies into the traditional finance world. And each step cryptocurrencies take upends conventional finance even more. In just 10 years, cryptocurrencies went from mere curiosities to internationally traded financial assets. And 10 years from now we may look back and wonder how we ever survived without crypto. One of the advances that first brought major focus to cryptocurrencies was the introduction of Bitcoin futures in late 2017. [...]

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Bitcoin Inactivity a Positive Sign for Cryptocurrencies

The percentage of bitcoins that haven’t moved in over a year is at its highest level in four years. And while at first glance that might seem to be a negative for Bitcoin, it actually isn’t. It’s an indicator that more and more Bitcoin investors are bullish about Bitcoin’s potential future price growth, and they’re holding on to their investments like never before. With products like a cryptocurrency IRA, investors have even more choices than ever to invest in cryptocurrencies [...]

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Cryptocurrency Interest Grows as Inflation Fears Take Hold

With the US government and the Federal Reserve cooperating to pump trillions of dollars into the US economy, fears of inflation are growing every day. The Fed’s balance sheet has grown from $4.3 trillion earlier this year to nearly $7.1 trillion today, an unprecedented gain in such a short amount of time. Because of those fears of inflation, interest in cryptocurrencies continues to grow as investors look for a hedge against coming inflation. Many of the fears of hyperinflation that [...]

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Will Cryptocurrency Replace Banks?

When Bitcoin was first introduced, it promised a future free from banks and financial middlemen. From now on, every person was to be his own bank, and financial transactions could be made across borders and between individuals without having to resort to financial intermediaries. But since that time, the Bitcoin and cryptocurrency ecosystem has grown to encompass a wide variety of financial middlemen. From cryptocurrency mining firms to wallet providers to cryptocurrency IRA providers to crypto exchanges, a whole host [...]

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Fraud Remains in Cryptocurrency World, But Can It Be Stopped?

One of the reasons many people are still hesitant to invest in cryptocurrencies is the fact that they don’t know much about cryptocurrencies, how they operate, and which people or firms can be trusted. With stories of fraud abounding, would-be investors are understandably hesitant to put thousands, tens of thousands, or hundreds of thousands of dollars at risk of theft by criminals and fraudsters. Can the problem of fraud within the cryptocurrency world ever be overcome? As a response to [...]

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Will Gray Market Cryptocurrencies Become a Thing?

One of the driving factors behind the quick adoption of cryptocurrencies was the fact that they initially operated in a sphere that was largely unregulated. The first users didn’t give a though to anti-money laundering laws, know your customer regulations, banking regulations, or even taxation of cryptocurrencies. Bitcoin, Litecoin, and Ethereum were just tokens with a great deal of potential, something fun to play around with, and nothing to take too seriously. But as interest in Bitcoin began to [...]

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More Competition in Crypto-to-Fiat Arena Good News for Cryptocurrency Investors

Mass adoption of cryptocurrencies is one of the keys to future price growth. As long as cryptocurrencies remain the domain of technophiles or are accepted as payment only by a handful of companies, their future will be insecure. But thanks to numerous entrepreneurs, reaching out to encourage mass adoption is becoming more and more common. One of the important things to increasing the adoption of any new currency is making sure that those who hold the currency don’t feel like [...]

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Cryptocurrency Used for Criminal Purposes? Not Really, Data Show

Cryptocurrencies such as Bitcoin quickly developed a reputation shortly after their introduction as being used by cybercriminals to engage in behavior such as drug dealing, human trafficking, and terrorist financing. Many who may have wanted to become early adopters of cryptocurrencies shied away from them as a result. And many others who did try to use or accept cryptocurrencies found themselves having their bank accounts shut down as soon as they tried to purchase cryptocurrencies. While we always knew [...]

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Original BTC Is Still in Play: Who Owns It?

Because Bitcoin was so obscure for much of its beginnings, and because so many bitcoins were mined early on before mining difficulty increased, the Bitcoin ecosystem contains a relatively large number of “whales,” large accounts that hold huge numbers of bitcoins. Often you’ll see a whale defined as a holder of more than 10,000 BTC, of which there over 100. That’s over $90 million in Bitcoin, and that’s a fair number of people who control that much, at least [...]

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Interest in Bitcoin Grows From All Sides

Buoyed by all the news coverage of Bitcoin’s halving, interesting in Bitcoin and cryptocurrencies continues to grow from all areas. And with Bitcoin flirting with once again breaking the $10,000 barrier, this year could be the biggest year for Bitcoin and cryptocurrencies since 2017. Search volume queries for Bitcoin’s halving were far higher this year than in 2016, indicating significantly higher interest in Bitcoin. Back during the last halving, in the summer of 2016, Bitcoin was worth about $650, so [...]

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