Category: Cryptocurrencies

Coinbase Earn Aims to Educate Users About Cryptocurrencies

Just because cryptocurrencies are an often discussed and debated topic these days doesn't necessarily mean that the public at large fully understands them. That's where the popular crypto exchange Coinbase is looking to make a difference. In a blog post this week, the company announced their Coinbase Earn platform that will not only educate users about cryptocurrencies and blockchain technologies but also reward them with tokens. The idea behind Coinbase...

Robinhood Crypto Adds Illinois as Platform's 29th State

The fee-free stock trading app Robinhood continued the gradual rollout of its cryptocurrency offering this week, announcing that Illinois had become the 29th state where Robinhood Crypto would be available to users.

Study Looks at Media Sentiment and Coverage of Cryptocurrencies

For the majority of the mainstream, the rise of Bitcoin seemingly came out of nowhere. While coverage of cryptocurrencies did slowly gain steam throughout 2106 and 2017, the rising price of Bitcoin — culminating in a near $20,000 per coin high in December — brought a flurry of articles to print, television, and digital media. Now a new study by Clovr dives into how the media covers crypto, including when an...

Ohio to Begin Accepting Tax Payments in Bitcoin

Business owners in the Buckeye state will soon be able to pay for various taxes using Bitcoin. As the Wall Street Journal reports, later this week OhioCrypto.com will enable businesses to register and pay taxes using BTC. Sometime down the road, a similar option will also be available to individual taxpayers. This news, while not huge in its own right, could actually mark a fairly significant milestone for cryptocurrency. With this new endeavor,...

Bitcoin Prices Drop to Yearly Low as Perceived Price Floor Gives Out

So much for that $6,000 floor. This week Bitcoin prices broke through that perceived bottom barrier, plummeting as low as $5,300. After weeks of stability and prices sitting comfortably in the $6,200 to $6,800 range, this dip brought prices to their lowest point this year. Of course it's also a far cry from the near $20,000 prices seen in late 2017. Moreover other cryptocurrencies were also getting slammed on Wednesday,...

8 Apps For Investing in Bitcoin

Blockchain is finally managing to go mainstream. When Bitcoin was initially introduced in 2009, there was a lot of uncertainty around the currency. People were slow to trust it due to its novel and complex technology. Now, cryptocurrencies and blockchain technology are both gaining immense popularity. So much so that the market value of the blockchain technology is estimated by Gartner to reach a staggering value of $3.1 trillion by...

Stablecoins Growing in Popularity, More Projects in the Works

If you've been following the crypto market recently, you may have noticed that Bitcoin has experienced an uncharacteristically stable few months, with the price of the coin staying mostly between $6,200 and $6,800. In fact many have argued that $6,000 appears to be a new floor for Bitcoin that the currency is unlikely to fall through without good reason. Despite this recent calming, so-called "stablecoins" are continuing to gain traction,...

Judge Dismisses Bitcoin Cash Insider Trading Case Against Coinbase

It looks like the popular cryptocurrency exchange Coinbase has escaped a lawsuit that was filed against them — for now. This week a federal judge in California granted the company's motion to dismiss a case that accused them of insider trading related to the launch of Bitcoin Cash. As CCN reports, the ruling amounts to mostly good news for Coinbase, although the fight might not yet be over. The suit...