Bruce Bentley

  Choosing the best cryptocurrency is a tricky business, not least because there are so many of them. We all know about Bitcoin and how rich we’d be today if we’d invested in it, say, 10 years ago. But what about all the other cryptocurrencies? There are hundreds if not thousands of them. Many are alternative — supposedly improved — versions of Bitcoin, but others, like Ethereum, are much more than just a currency. The choice is further complicated by what you it is that you want to do with your cryptocurrency: you can buy crypto to hold for a decade or two, or you can buy and sell it hoping to profit off its volatility. Either way, unlike 10 years ago, we now know that it is a legit asset, as big banks, funds, and millions of individuals include crypto in their investment portfolios. What is the best cryptocurrency? So, which is the best cryptocurrency to invest in? It’s hard to recommend investing for the long-term in anything other than Bitcoin and Ethereum at this point, becaus...

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. Understanding cryptocurrencies alone can be daunting, and if you're new to crypto trading, finding the right platform to buy and sell popular assets like Bitcoin, Ethereum, and Litecoin can be another challenge. Most crypto exchanges also offer features like staking rewards (for holding a crypto asset for a set period of time), margin trading, crypto trading tools, and more. We've compiled some the best cryptocurrency exchanges for buying and selling crypto assets. Keep reading to find the best option for you. Coinbase: Best for Bitcoin-oriented individual and institutional traders Why it stands out: Coinbase...

ORLANDO, Florida - Cryptocurrency - basically digital money - has grown in popularity in recent years, and many people are curious about it. Lots of people are investing in it too, including Jayson Moser. What you need to know Cryptocurrency funds or digital money can be lost overnight The regulation is "very little or nonexistent," says the UCF finance professor Unintentionally, scams are widespread, says Dr. Buvameshwaram Venugopal Only invest in cryptocurrency when you are ready to risk money, he says Moser shared his experience with cryptocurrency as a warning to others. Moser says he woke up when his Coinbase account was wiped out and $ 2,000 was gone overnight. "It said zero and I said, 'Well, that can't be right," said Moser. Where did his money go? Moser said he had no idea. “Eighteen emails later, 45 days later, no response. No meaningful non-automated answer, ”said Moser. “It's hard not to feel like theft! It's hard n...

  The price of the Bitcoin virtual cryptocurrency is shown in this photo on a phone screen. STR | NurPhoto | Getty Images LONDON - Bitcoin prices rose again on Monday as the cryptocurrency market tried to recover from a wide sell-off last week. Just after noon in London, the price of the world's most valuable digital currency rose 8% to $ 53,544 per coin, according to Coin Metrics. Two smaller digital tokens, Ether and XRP, rose 10% and 12%, respectively. Last week, Bitcoin fell below $ 50,000 for the first time since early March after a planned hike in capital gains tax by US President Joe Biden led to a sell-off. The entire crypto market lost more than $ 200 billion in value in a single day. Biden is expected to increase the long-term capital gains tax for the richest Americans to 43.4%, including a surcharge. This sparked a brief slump in the stock markets, and analysts said fears about the proposal may have spread to the crypto market. Bitcoin is up around 80% since th...

  Posted: Apr 26, 2021 2:43 PM CDT by Alabama News Network employees The cryptocurrency has been big with investors trading the digital currency, but has yet to break through with consumers as a common way of buying and selling goods. That could change as more companies are now using Bitcoin. When baseball recently welcomed spectators again, it was the beginning of something new in the home of Oakland A's, California. Fans watched from a season suite paid for with Bitcoin. This marked the first time cryptocurrency was used to buy a Major League Baseball ticket. "We thought starting with the suite sales, which is typically around $ 65,000 a year and Bitcoin is approaching 60,000. We said it was the perfect time to demonstrate this and see if it had some traction" says Dave Kaval, President of Oakland A. Given the team's location, Kaval says, it makes sense that they should be the first professional baseball team to try this out. “Our fans are all over the Bay Ar...

  MIAMI (CBSMiami) - Cryptocurrency has been big with investors trading the digital currency, but has yet to break through with consumers as a common way of buying and selling goods. That could change as more companies are now using Bitcoin. When baseball recently welcomed spectators again, it was the beginning of something new in the home of Oakland A's, California. Fans watched from a season suite paid for with Bitcoin. This marked the first time cryptocurrency was used to buy a Major League Baseball ticket. CONTINUE READING: Stimulus Check Update: Will there be a fourth relief payment? "We thought starting with the suite sales, which is typically around $ 65,000 a year and Bitcoin is approaching 60,000. We said it was the perfect time to demonstrate this and see if it had some traction" said Dave Kaval, President of Oakland A. Given the location of the team, Kaval said, it makes sense that they should be the first professional baseball team to try this out. “Our...

  Bitcoin rose after Tesla Inc. reported a profit of $ 272 million for "digital assets" after investing $ 1.5 billion in the cryptocurrency. The electric vehicle leader announced on Monday that it had generated $ 101 million in revenue from the investment, which helped beat analysts' earnings estimates for the first quarter of the year. Bitcoin even surged 1.9% and traded over $ 54,000 after Tesla's CFO reiterated the company's commitment to cyber currency. "We believe in the value of Bitcoin over the long term," said CFO Zachary Kirkhorn on the conference call. "Our intention is to keep what we have for the long term and to continue to accumulate bitcoin from our customers' transactions in vehicle purchases." Tesla announced the purchase of the digital currency earlier this year and also said it would accept it as a form of payment. This surprising announcement helped increase Bitcoin's legitimacy and resulted in an increase in va...

  Cryptocurrencies rallied across the board on Monday as the US dollar rallied and US stocks climbed to record highs as investors are likely divided the outlook for one after President Biden's impending proposal to max out capital gains taxes Congress seemed to cheer -income Americans. The positive outlook is also supported by the expectation that the Federal Reserve will remain accommodative with the world's largest economy rapidly recovering to pre-pandemic levels. Investors will be watching corporate earnings and US economic data this week to see if actual results warrant high valuations in the private sector. Risky assets were positive for the past 24 hours after Asian bargain hunters increased crypto trading activity significantly on Monday morning. Bitcoin (BTC) is consolidating near $ 54,000 after breaking initial resistance levels and appears to be building momentum towards $ 55,000, which may pave the way for even higher levels this week. There is a possibility of ...