Last Wednesday, Bitcoin shot up more than 10% in a single morning. Again. And while that’s not uncommon, this time there was a specific reason. The cryptocurrency spiked on news that Square, Inc. (SQ) is testing support for Bitcoin through its Cash app. That single morning spike has continued as Bitcoin is now trading at … Read more
What is Bitcoin? Bitcoin is both a digital currency — similar to U.S. Dollars, Euros, or Yen — and a digital store of value similar to gold. It is created and backed by the Blockchain. What is the Blockchain? The Blockchain is the technology that Bitcoin and all other cryptocurrencies are built on. The Blockchain … Read more
Bitcoin, the most well known cryptocurrency on the market, continues to skyrocket. Bitcoin is up over 900% this year and is currently trading at over $6,500 after making new all time highs the week before.
Bitcoin fever could hit at least two Nasdaq darlings, AMD and NVDA, and the question on everyone’s tongue is “Will Bitcoin affect earnings”? The answer? It depends.
Yesterday morning, I started my day as I typically do, scanning through my crypto watchlist. What immediately caught my attention was that Bitcoin was on the move, and when it finds some momentum, so does the market. As I’m writing this, Bitcoin accounts for more that 50% of the entire crypto market, with a cap … Read more
This weekend as you enjoy the Labor Day holiday, I would suggest perusing what cryptocurrencies are ‘on-sale’. Chinese regulators came out this weekend outlawing ICOs, sending the crypto market plummeting. This is on the heels of a huge run up with Bitcoin, Ethereum, Litecoin and many others nearing or exceeding all time highs just days … Read more