At long last one of the top cryptocurrency exchanges has added support for one of the most popular digital assets. This week Coinbase announced that it was bringing Ripple (XRP) to Coinbase Pro, joining other coins such as Bitcoin, Etherum, Litecoin, and others. Since the announcement, XRP has seen prices...
One of the goals of cryptocurrencies is to achieve decentralization and free consumers from relying on banks. Yet, this week, one of the top banks in the U.S. revealed that it’s backing its own digital currency — JP Morgan Chase has announced the creation of JPM Coin. As CNBC reports,...
This week, Square CEO Jack Dorsey took to Twitter (the other company he serves as CEO of) to talk about cryptocurrency. More accurately, he took questions about Bitcoin, noting that it's the only crypto asset he owns. But that's not all — Dorsey went on to suggest that his Square...
As the popularity and awareness of cryptocurrencies has increased in recent years, media coverage of hacks and other thefts has also been elevated. This might make it seems as though crypto hackers are common and widespread. However, according to a new report by Chainalysis, as covered by Fortune, the majority of...
After a disappointing 2018, cryptocurrency investors have high hopes for 2019. Unfortunately the new year has yet to bring much good news. Most recently, as Forbes reports, many assets including Bitcoin, Etherum, Litecoin, XRP, and others experienced another sell-off, with a total of $6 billion in market capitalization being lost...
Americans lost a total of $1.7 billion in 2018 by investing in Bitcoin. Moreover another $5 billion in unrealized losses is also estimated. While the losses themselves may be expected, something most investors don't realize is that they can deduct these losses on their taxes.
The cryptocurrency market is no stranger to hacks and other attacks that have resulted in the theft of thousands of dollars in digital currency. Now it seems the latest asset to be hit is Ethereum Classic with chain reorganizations being detected. As CNBC reports it is possible that the reorgs — which...