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 […]
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 […]
Trading under the ticker symbol GBTC, the Grayscale Bitcoin Investment Trust is currently the only Bitcoin Investment Trust that is publicly trading. Pegging its share price to the TradeBlock XBX 24-hour bitcoin index, the BIT is generally seen as favorable by the bitcoin community, since shares usually trade as an […]
It is easy to understand why investors might want to gain exposure to bitcoin. The innovative digital currency, which has been around since 2009, has appreciated immensely in that time, going from a value of just pennies to recently rising above $1,900 per coin. In addition to enjoying this sharp […]
While there are many different tools available for bitcoin traders, fundamental analysis may be one the most practical. Using this methodology, investors can evaluate bitcoin’s key price determinants or “fundamentals” in an effort to determine the bitcoin’s intrinsic, or actual, value. Armed with this information, investors identify whether it is […]
Investors interested in trading bitcoin have many tools at their disposal. Of all these options, technical analysis might be the most practical. Using this technique, traders can pinpoint key trends and get a better feel for market sentiment by analyzing bitcoin’s market activity, including price movement and volume data. Armed […]
It’s never been easier to invest in bitcoin. Most people buy bitcoin in one of three ways: Bitcoin exchanges: the most popular way to buy bitcoin is through online exchanges, which typically require a proof of your identity, and charge a small transaction fee. See our list of recommended exchanges […]
