3 things that happen to the cryptocurrency markets during times of economic uncertainty

Unfortunarely, it's getting easier to predict what might happen to cryptocurrencies when the economy takes a nosedive

Pexels
  • Born in the wake of the 2008 financial crisis, Bitcoin has yet to face a downturn like we're currently starting to experience.
  • Based on the developments of recent weeks, some crypto market trends are starting to emerge.
  • Bitcoin's relationship to gold is strong, futures and options are losing their lure, and stablecoins are on the rise.
Keep reading Show less

Bitcoin: A buyer's and seller's guide

Why invest real money in digital coin? Because the payoff a decade from now could be enormous.

When it comes to Bitcoin it's all about the long game, says Abra founder and CEO Bill Barhydt. Bitcoin is flexible because you can break it up into smaller divisions, called Satoshis. In 10 to 15 years, those Satoshis alone could be $1000 a piece. It might take a while for Bitcoin to really start trading at the level of gold and silver, says Bill. Interestingly enough, says Bill, by and large, people who have Bitcoin are holding on to it, just like those precious metals. Once more of it is mined, we'll start to see the market become less volatile.

Bitcoin mining: What is it? Why does it consume so much energy?

Once a lucrative exercise anyone could do, bitcoin mining has grown out of control, and governments are weighing what to do.

Credit: Getty Images.

Bitcoin is a cryptocurrency located completely online and not tied to any central bank. Its origins are shrouded in mystery and very few people predicted the popularity it currently enjoys.

Keep reading Show less

How a 4-letter meme is stabilizing Bitcoin

The term “hodl” originated in a drunken post about Bitcoin from 2013, but it’s evolved into a movement in the cryptocurrency community.

No matter what you believe the future holds for Bitcoin or the cryptocurrency market at large, rest assured, you’ll have no trouble finding people who agree with you.

Keep reading Show less

Four ways Blockchain, the technology behind Bitcoin, can change education

A new study highlights how blockchain technology can be a game-changer in education.

Bitcoin representation (Photo by Dan Kitwood/Getty Images). Rutgers University students. (Photo by Eduardo Munoz Alvarez/Getty Images)

Keep reading Show less