Cryptocurrency—The World of Virtual Coins

Cryptocurrency has become worldwide famous among the people. Many believe that investing in cryptocurrency will generate more revenue this year. Many people have internet access today, which is one of the reasons why investing in cryptocurrency is increasing day by day. Virtual Coins Virtual coins are known as a dispersing electronic form of currency that does not have any presence in physical form. Virtual coins are a specific form of digital currency/money that uses an encryption method to make the transaction secure and control forming new units. Cryptocurrency such as digitals…

Square Cash App Expands to All 50 US States and Allows All Members to Buy Bitcoin (BTC)

Square just announced that with its Square Cash app, all users are now able to buy Bitcoin in all 50 US states. Red, white, and bitcoin. Now you can use Cash App to buy bitcoin in all 50 states. pic.twitter.com/D4fhVRz7WL — Cash App (@CashApp) August 13, 2018 Square Ahead of the Competition Square was originally founded by Twitter’s CEO, Jack Dorsey. The Cash App initially rolled out its Bitcoin services months ago but had to go state-by-state to get approval. Recently, it was reported that Square also secured the so-called ‘BitLicense’…

Crypto Retirement Funds Pose Too Much Risk, Says SEC: Don’t Do It

If you were planning on using Bitcoin to retire, you might want to think again. Why? Well, because the SEC has recently warned against cryptocurrency retirement funds. Here’s why. Cryptocurrency Retirement Funds As people approach retirement, many are nervous about where they are sitting financially. For these reasons, people are turning to self-directed IRAs, which are savings accounts that allow for alternative investments. When it comes to self-directed IRAs, typical investments include company stocks and precious metals. However, thanks to the crypto boom, virtual currencies have been added as an…

TRON (TRX), IOTA (MIOTA), and Ethereum (ETH) Lose Big

The crypto market has been taking quite a beating these past 36 hours. Bitcoin (BTC) is currently trading around the $6,000 mark and currently holds 54% of the total market dominance. Many of the altcoins are suffering, especially Ethereum (ETH). We’ll also take a closer look at TRON (TRX) and IOTA (MIOTA), two other altcoins on the market that are currently suffering big. Ethereum (ETH) News Yesterday, the second largest cryptocurrency by market cap fell to its year-low of under $300. According to CoinMarketCap, ETH is trading at $261.46 a…

Bitcoin Month Recap: BTC is Suffering but it’s Hanging in There!

Bitcoin Price Watch: Yesterday saw Bitcoin (BTC) price fall to almost below $6,000. But what about today? First, let’s recap the last month. Bitcoin Price Watch: The Past Month Mid-July was looking promising for the coin as it began a sudden bull-run which saw Bitcoin climb to a peak of around $8,450. But typically reflective of this volatile marketplace, the highs did not last long and BTC has been on a steady downward climb since hitting the peak. Once August kicked in, it seemed any progress made in those impressive…