To store your bitcoin, you need a bitcoin wallet. Your wallet effectively acts as your bitcoin bank account. You use it to send, receive, and store the digital currency. In this beginner’s guide, you will be introduced to the different types of bitcoin wallets so that you can choose which […]
In the YouTube video, “Crypto Investing #39 – How to Read Cryptocurrency Prices with 8 Decimal Places,” Tai Zen, CEO and senior technical analyst for Cryptocurrency Market, discusses why altcoin exchanges use prices with eight decimal places. The “Satoshi” When you first look at an altcoin exchange, you will notice […]
When you first heard about the digital currency bitcoin, you probably also heard of its underlying technology called the blockchain. If you struggled to fully understand the blockchain, there is no need to despair. In this brief guide, you will learn about what the blockchain is and how it enables […]
In the YouTube video, “Crypto Investing #2 – How to Use Volume & Liquidity When Trading Cryptocurrencies,” Tai Zen, CEO and senior technical analyst for Cryptocurrency Market, points out the importance of volume and liquidity in altcoin trading. What is Liquidity? In financial markets, liquidity is the ease with which an […]
While buying bitcoin has become as easy as the click of a button, some investors still prefer to stick to traditional investment vehicles to gain investment exposure to the digital currency. Currently, the only publicly traded ETFs (exchange-traded funds) that you can buy to invest in bitcoin are ARK Invest’s […]
Demand for investment vehicles that give investors exposure to bitcoin has been on the increase as investors have started to wake up to the digital currency’s potential for high returns. (If you invested $5 in bitcoin when it launched, it would be worth $4.4 million today.) Currently, there are only […]
Initial coin offerings (ICOs) are a new form of funding for blockchain startups that has raised eyebrows this year when several startups were able to raise millions within hours by issuing their own digital tokens to investors. What Are Initial Coin Offering (ICOs)? An initial coin offering (ICO), also […]
Where does bitcoin fall in the spectrum of assets? The subject has been a topic of hot debate; thus far, government agencies have provided little clarity on the matter. The U.S. Commodity Futures Trading Commission has classified the digital currency as a commodity, while the German Finance Ministry has ruled […]
