Bitcoin rises after report say early Facebook investor Peter Thiel is buying massive amounts: Founders Fund, run by Peter Thiel, a PayPal co-founder and early Facebook investor, has bought millions of dollars in bitcoin, The Wall Street Journal reported Tuesday, citing sources familiar with the situation. Bitcoin rose more than 13.5 percent to near $15,017, … Read more
Buying and selling Bitcoin, explained: Before you jump into this overview of how to buy and sell Bitcoin, check out our first article in this series, Bitcoin, explained. Mining Bitcoin isn’t the only way to get your hands on the stuff, you know. In fact, mining Bitcoin is a complete pain in the buns. At … Read more
How to make money off bitcoin without actually buying it: Bitcoin: it’s electric. Well, indirectly, anyway. Electricity consumption domestically and around the world is rising on bitcoin mining fervor, according to media reports citing Digiconomist data on bitcoin-related energy consumption. Investors can capitalize on the surge in electricity consumption by way of bitcoin mining through … Read more
2018: The Year Central Banks Begin Buying Cryptocurrency – Behind closed doors, G7 central banks are sluggish traders that buy and sell the same foreign currencies, marketable securities, special drawing rights (SDR) and gold day in and day out. Central bank traders follow the investment policy enforced by the executive committees with specific asset allocation … Read more