Hoping that cryptocurrency – be it bitcoin, ethereum or any other – appreciates in value is the main way to make money in the world of digital coin investing. But some claim that it is also possible to earn money off cryptocurrency, or make returns in other ways from holding it. How would a cryptocurrency investor … Read more
Three Bitcoin tycoons who founded Blockchain.com are believed to be worth hundreds of millions after their cryptocurrency firm was valued at £3.8billion. Founders Peter Smith, Nicolas Cary and Ben Reeves are thought to have kept considerable stakes in the company, which monitors crypto transactions and traces its beginnings to a ‘small, crowded’ two-bedroom flat in … Read more
La La Anthony plans for her family’s future by securing some Bitcoin with the help of @Gemini, the cryptocurrency app By Kelby Vera For Dailymail.com Published: 16:18 GMT, 24 March 2021 | Updated: 16:26 GMT, 24 March 2021 La La Anthony knows how to think ahead, always in front of the curve as an actress … Read more
New young investors take on big risks by putting their money into cryptocurrencies and foreign exchange, regulator finds The Financial Conduct Authority said young investors use social media for tips Thrills, social status and gut instinct are motivating their investing decisions The regulator commissioned research looking into ‘self-directed’ investors By Jack Newman For Mailonline Published: … Read more
Russian national, 27, admits trying to steal data from Tesla to use for extortion: Elon Musk tweets ‘Crime and Punishment’ in Russian as sentencing looms Egor Igorevich Kriuchkov, 27, tried persuading a Tesla employee to help install malware on the company’s network to help steal company data Kriuchkov would’ve used data to extort the company … Read more
Elon Musk has turned down a $1.1 million offer to buy one of his tweets as a non-fungible token (NFT), just four hours after putting it up for sale. An NFT is a unique digital asset that is encrypted with the creator’s signature authenticating it as their original work. They have enjoyed an explosion in … Read more
Bitcoin passed the $60,000 mark for the first time on Saturday, again raising questions over the vast energy resources required to mine the cryptocurrency. On March 2, Bitcoin’s estimated energy consumption also reached its highest ever rate, hitting a staggering 130.90 terawatt hours (TWh) annualised. The following week on March 9, billionaire Microsoft co-founder Bill Gates … Read more
Is Bitcoin about to hit $60,000? Cryptocurrency close to new all-time high as US stimulus cheques and NFT boom boost investor demand Bitcoin went almost level with its record high of $58,354 overnight It has now fallen back a little, to trade at around $56,000 on Friday morning It comes as Joe Biden signed a … Read more
David Britton is a tax partner at accountancy and business advisory firm BDO With the value of some cryptoassets, most notably Bitcoin, rising significantly over the last few months, it is inevitable that people will be curious about the tips and traps when investing. There was a popular misconception that the profit or gains arising … Read more
Given cryptocurrencies like bitcoin can see their value swing by as much as 15 per cent in 48 hours, it might be sage advice to transfer any gains into something more concrete. Rich Whitehurst, 37, from Stoke-on-Trent, might have taken that advice literally. After quadrupling an investment of around £240 in around 60 days during … Read more