Bitcoin Investing

Top Tools for Bitcoin and Altcoin Investing

Top Tools for Bitcoin and Altcoin Investing

Here’s a look at some of the tools that are available for bitcoin and altcoin investors. We rated each one on a score of one to five, based on five factors — whether it serves its target user well, its effectiveness, ease-of-use, its price as compared to its value, and […]

What Would a Bitcoin ETF Mean for the Crypto Market?

What Would a Bitcoin ETF Mean for the Crypto Market?

Rumors around bitcoin exchange-traded funds (ETFs) have been percolating since the Winklevoss Twins first started the process of launching such a financial product by sending an application to the U.S. Securities and Exchange Commission (SEC) back in 2013. No such product has received the blessing of the regulators up to […]

What is the Bitcoin Dominance Index and Why Does It Matter?

What is the Bitcoin Dominance Index and Why Does It Matter?

Bitcoin used to be the only noteworthy blockchain in existence, but that is no longer the case. Altcoins (cryptocurrencies other than bitcoin) first gained some notoriety in 2012 through offerings such as Litecoin, Namecoin, and Peercoin, and new blockchain-based releases like EOS have continued this trend into 2018. After all […]

How Many People Use Bitcoin in 2018?

How Many People Use Bitcoin in 2018?

How many people use bitcoin? It is hard to say, but there are a few data points that provide some tantalizing clues. Bitcoin Users At a Glance Almost 22 million bitcoin wallets have been set up globally. An estimated five percent of Americans hold bitcoin. 2.9 to 5.8 million active bitcoin […]

Why You Must Understand Blockchain Scalability Before Investing in Bitcoin or Altcoins

Why You Must Understand Blockchain Scalability Before Investing in Bitcoin or Altcoins

When bitcoin first gained notoriety as an alternative form of digital money, many advocates of the technology, especially those located in Silicon Valley, mostly talked about the relatively low-cost and instantaneous nature of the transactions; however, the blockchain technology behind bitcoin is actually much less efficient than traditional, centralized systems […]

Can Bitcoin Be Hacked?

Can Bitcoin Be Hacked?

When most people first hear about Bitcoin, they usually think there is some way in which the peer-to-peer digital cash system could be hacked. This is nothing new in some ways, as many internet users have seen their Facebook, Twitter, or other social media accounts come under the control of […]

Bitcoin Basics: What Is a 51% Attack?

Bitcoin Basics: What Is a 51% Attack?

Imagine, for a moment, that somebody somehow got control of the New York Stock Exchange. Perhaps they seized control of the terminals and websites traders use. This criminal could block trade, could execute fake trades, and could make off with millions. Sound like a Hollywood movie? In the altcoin sphere, […]

Five Great Investment Opportunities in Crypto Mining

Five Great Investment Opportunities in Crypto Mining

Bitcoin does not grow on trees. Instead, it is mined. Without a healthy mining community, the entire bitcoin ecosystem (along with those surrounding altcoins) would fall apart. That is why understanding the state of the crypto mining industry is crucial for staying on top of the latest developments in cryptocurrency […]