​'The time is now' for cryptocurrencies, PayPal CEO says

Is Bitcoin akin to 'digital gold'?

  • In October, PayPal announced that it would begin allowing users to buy, sell, and hold cryptocurrencies.
  • Other major fintech companies—Square, Fidelity, SoFi—have also recently begun investing heavily in cryptocurrencies.
  • While prices are volatile, many investors believe cryptocurrencies are a relatively safe bet because blockchain technology will prove itself over the long term.
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3 things that happen to the cryptocurrency markets during times of economic uncertainty

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

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  • Born in the wake of the 2008 financial crisis, Bitcoin hasn't yet faced a downturn like we're 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.
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  • The image of cryptocurrency tends to focus on privilege and flaunted wealth.
  • Financial institutions dismiss Bitcoin as a fad, while exploiting the benefits of the underlying technology for themselves.
  • But the story in developing countries paints a different picture – one of vast potential.
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Bitcoin mining uses as much energy as mining for gold, study finds

What does it mean for the future of the cryptocurrency movement and its impact on the environment?

  • New study reveals that mining crypto can be use more energy than mine for gold.
  • In order to understand the findings, we must first understand what crypto mining is.
  • The crypto community is looking for a way to solve these issue.
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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.

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