Search for: cryptocurrency

President Joe Biden Signs Executive Order On Cryptocurrency Oversight
President Joe Biden signed an executive order on Wednesday that called for government oversight of cryptocurrencies. The “Executive Order on Ensuring Responsible Development of Digital Assets” states that because of the rise of cryptocurrencies, there are “profound implications for the protection of consumers, investors, and businesses, including data privacy and security; financial stability and systemic… Read more

Colorado Now Accepts Cryptocurrency As Payment For Taxes. FBI Launches Digital Currency Crimes Unit.
The state of Colorado announced that it would accept cryptocurrency as a form of payment for taxes. On Tuesday, Gov. Jared Polis unveiled the plan for Colorado to welcome cryptocurrency payments. “We expect by this summer to accept crypto for all of our state tax-related purposes,” Polis explained. “And then we plan to roll that… Read more

Nearly 60% Of Multinational Companies Now Use Cryptocurrency – Biggest Businesses That Accept Crypto As Payment
In only a few years, the number of companies that use cryptocurrency or accept crypto as payment has grown by leaps and bounds. A new study found that nearly 60% of multinational companies now use cryptocurrency. Approximately 58% of multinational firms use at least one type of cryptocurrency, according to a joint study by Circle,… Read more

Tim Cook Says Cryptocurrency Is Something That Apple Is ‘Looking At,’ Reveals He Personally Owns Cryptocurrency
Apple CEO Tim Cook revealed that he owns cryptocurrency. The big tech head confirmed that Apple is looking at cryptocurrency. During the New York Times Dealbook Conference on Tuesday, interviewer Andrew Ross Sorkin asked Cook if Apple would consider accepting cryptocurrency through Apple Pay. The Apple CEO replied that cryptocurrency “something that we’re looking at.”… Read more

Bitcoin Plunges On Day El Salvador Becomes First Nation To Make Cryptocurrency A Legal Tender
El Salvador has become the first country to accept Bitcoin as legal currency. Starting on Tuesday, businesses in the Central American country can accept the popular cryptocurrency as a legal form of payment, joining the U.S. dollar as the country’s principal mediums of exchange. Aaron van Wirdum, a journalist at Bitcoin Magazine, said he was… Read more

Family Went All-In With Bitcoin At $900, Now Store Cryptocurrency Fortune In Secret Vaults On 4 Continents
One family liquidated all of their assets to invest everything they had into bitcoin in 2017. At the time, the popular cryptocurrency was priced at around $900. Thanks to the explosion in the value of bitcoin, the family reportedly needs secret vaults across four continents to store their cryptocurrency fortune. Didi Taihuttu, the married father… Read more

How Many People In The United States Own Cryptocurrency?
Cryptocurrency is often lauded as “the future of money,” with quite a few caveats. As crypto becomes more and more popular, it makes one wonder exactly how many people in the United States own cryptocurrency? It’s a digital store of value, sure. But can you buy a cup of coffee at a gas station with… Read more

10 Clueless Things Billionaires Have Said That Made Us Roll Our Eyes
Billionaires are often admired for their wealth and success, but sometimes (ahem, a lot of times), their words can be shockingly out of touch with the realities most people face. From dismissing the financial struggles of those less fortunate to making tone-deaf remarks about their own wealth, these clueless statements leave the rest of us… Read more

How the Rich Stay Rich: 12 Smart Financial Habits of the Wealthy
If you’re wondering how the ultra-rich are able to maintain and grow their fortunes over time, you’ve come to the right place. By diligently following financial habits and strategies that allow them to live large, the world’s elite are able to make their money work for them. (Of course, they’re also able to casually blow… Read more

Is It Hard To Make Money Day Trading? Here’s What Statistics Say
It may seem that earning money from a simple price chart can just be straightforward. You just simply look at the graph for the stock price, the rate of currency, and future stock price. But how hard is it to make money day trading? Like actually make enough money to day trade full-time. Usually, when… Read more

9 Best Investment Games To Improve Your Skills At Making Money
Engaging in investing games is an excellent way for an individual to master the basics of investment management and hone their strategies. Before the digital world’s rise, old-school traders relied on pen and paper to practice their approach to this field. However, technology enables us now to use this kind of advancement to practice with… Read more

The Best Advice Bill Gates Has Ever Received Came From Warren Buffett
We’re hardly alone when it comes to admiring the wisdom of Warren Buffett. Whether waxing poetic about the inflation “tapeworm” or trashing Bitcoin, the Oracle of Omaha has provided us with no shortage of quips that have proven prescient. So it should come as no surprise that one of the smartest men on the planet—and… Read more

This Is How Much Money Robinhood Makes From Every User On Its Platform
The objective of any business is to make money. As much money as possible, in fact. And thanks to Robinhood’s impending IPO, we now know how much money Robinhood makes from every, single user on their investing platform. How Does Robinhood Make Money? The appeal of Robinhood and investment apps like it — outside of… Read more

Warren Buffett Says He Wouldn’t Buy All The Bitcoin In The World For $25
Warren Buffett won’t be investing in bitcoin anytime soon. In fact, you could practically gift the legendary investor cryptocurrency and he wouldn’t want it. Buffett’s repudiation of bitcoin came during 2022’s Berkshire Hathaway annual shareholders meeting. “If you said for a 1% interest in all the farmland in the United States, pay our group $25… Read more

‘Shark Tank’ Investor Kevin O’Leary Touts Alternative Crypto Investments: ‘I Want To Own The Picks And Shovels’
Shark Tank investor Kevin O’Leary sees investment opportunities in the crypto space other than cryptocurrencies. In a new interview with Kitco News, O’Leary reveals that he is actively investing in digital opportunities that have been overlooked in the rise of cryptocurrencies. O’Leary AKA “Mr. Wonderful” invested in Canadian decentralized finance (DeFi) platform WonderFi and Immutable… Read more

‘Shark Tank’ Star Kevin O’Leary Says Bitcoin Could Hit $300,000 In 3 Years, But Under One Condition
Kevin O’Leary is bullish on bitcoin. The Shark Tank star predicts that the most-popular cryptocurrency could hit a whopping $300,000 per coin within the next three years, but notes that one major development will need to happen to unleash the significant financial growth. Bitcoin has had a rollercoaster ride in the past year – hitting… Read more

Mark Cuban Divulges How Much Of His Investments Are Crypto-Related; Reveals Moment That ‘Really Got Me’ Into Crypto
Billionaire investor Mark Cuban has been one of the most prominent supporters of cryptocurrency. However, there was one defining moment that really sold the billionaire on the possibilities of crypto. “I always paid attention to bitcoin, the pricing, the tokens and the [crypto]currencies,” Cuban said at The North American Bitcoin Conference earlier this month, according… Read more

Metaverse Digital Real Estate Is Selling For Eye-Popping Amounts – One Virtual Property Sells For $2.4 Million
Not only are real estate properties selling for astounding prices in the real world, but virtual properties are selling for millions of dollars in the digital world. An investor made the largest “land” grab ever in the metaverse – spending a whopping $2.4 million for a digital property. What Is The Metaverse? According to Investopedia,… Read more

JPMorgan Boss Jamie Dimon Names The Best CEOs, Says ‘Regulators Are Going To Regulate The Hell Out Of’ Bitcoin
JPMorgan Chase chief executive officer Jamie Dimon gave a wide-ranging interview to Axios this week. The interview touched on a multitude of topics, including China, his salary, racial equity, cryptocurrencies, and his favorite business leaders. Dimon was asked, “Who’s the best CEO not named Jamie Dimon?” Dimon replied, “[Amazon’s] Jeff Bezos … [Apple’s] Tim Cook.”… Read more

12-Year-Old Boy Makes $350,000 From Selling Whale NFTs
What were you doing when you were 12-years-old? Trading baseball cards? Playing video games? Then there is 12-year-old Benyamin Ahmed, who has made a fortune selling non-fungible tokens, also known as NFTs. Benyamin began coding at the age of 5, after watching his father, Imran, work as a web developer. The 5-year-old started with HTML… Read more

11 Best Online Trading Platforms That Aren’t Robinhood
Investing excess capital is how wealth is created. Whether those investments come in the form of passive income businesses, stocks or real estate, is up to the individual. But savings alone won’t grow your retirement savings. You need to invest. And, thanks to the Internet, you can now start investing in stocks, real estate or… Read more

These Six-Figure Crypto Jobs Will Let You Live Anywhere. And No, You Don’t Have To Know Code.
When we talk about making money in cryptocurrency, usually we’re discussing the buying and selling of Bitcoin, Ethereum, and other altcoins. But as with any fast-growing industry, there’s also plenty of wealth to be captured through the pursuit of employment. Right now there’s a huge demand for capable workers in the cryptocurrency space, and employers… Read more

With Bitcoin In Free Fall, Bitcoin Bull Reveals His Strategy When The Price Of BTC Drops
If you follow Bitcoin, you have probably heard of Anthony Pompliano. Known simply as “Pomp”, Pompliano has gained a cult following on Twitter (he has almost 1mil followers at time of publish) and is known as one of the biggest Bitcoin bulls there is. However, he is also acutely aware that BTC is A) volatile… Read more

Why ‘Big Short’ Investor Michael Burry Is Warning Investors About ‘The Mother Of All Crashes’
When Michael Burry speaks, many in the investment community listen. A physician by trade, Burry is the founder of hedge fund Scion Capital. Burry famously ran Scion from 2000 until 2008, becoming one of the first investors to warn – and profit – from the subprime mortgage crisis that caused a major stock market crash… Read more