Cryptocurrency

Banks Editorial Team

August 29th, 2019

Can I Use Bitcoin As Collateral For A Loan?

Many people are wondering if they can use Bitcoin as collateral for a loan. This cryptocurrency has definitely gained a lot of popularity in recent years. What may have once been only a fascination with the cryptocurrency fad has truly become a viable economic instrument that is taken seriously the world over. As the most […]

Read more...

Banks Editorial Team

August 27th, 2019

How Do Bitcoin Debit Cards Work?

You may be wondering what are Bitcoin debit cards. But first things first, let’s start from the beginning. Bitcoin is a massive technological innovation that helped spark interest in cryptocurrencies and bring blockchain technology to consumers across the globe. From its historic highs of $20,000 per coin to its lows of $900, Bitcoin has been […]

Read more...

Banks Editorial Team

August 22nd, 2019

Cryptocurrency Market Capitalization: Top 5 Coins

What is cryptocurrency market capitalization and which cryptocurrencies have the highest market caps? Over 5% of Millennials have invested in cryptocurrency. And, between billionaire investors and plenty of media coverage, cryptocurrency has become a worldwide investment and spending vehicle. We aren’t talking about millions here. The combined wealth of all cryptos is currently in the high […]

Read more...

Banks Editorial Team

July 31st, 2019

Cryptocurrency News: JPM Coin Joins the Fray

The buzz around cryptocurrency news is intensifying by the day as more people and businesses continue to invest in this asset category. And now there’s a new kid on the block – JPM coin, which was announced by JPMorgan in February. While JPM coin has elicited some excitement in the business space, the main question […]

Read more...

Banks Editorial Team

April 2nd, 2018

Bitcoin Investing 101: What Is Bitcoin Mining?

Buying bitcoin on an exchange is not the only approach to bitcoin investing. Investors can also mine bitcoin. Here’s what bitcoin mining means and how it might factor into your bitcoin investing strategy. What Is Bitcoin Mining? Computers have to perform a series of complex cryptographic operations to create a new bitcoin. (Technically speaking, there […]

Read more...

Banks Editorial Team

April 2nd, 2018

Are Ether and Ethereum the Same Thing?

If you want to enter the world of altcoin investing, understanding the difference between Ether and Ethereum is a crucial first step. Here’s a definition of Ether and Ethereum, and an explanation of how they are different. What Is Ethereum? Ethereum is a blockchain. In other words, it is a distributed database that allows information […]

Read more...

Banks Editorial Team

April 2nd, 2018

Three Reasons Banks Are Reluctant to Embrace Bitcoin

The relationship between banks and bitcoin has grown fraught. Banks such as JPMorgan Chase, Bank of America and Citigroup have all banned the purchase of bitcoins on their credit cards, and Capital One and Discover have both had bans in place for some time. While blockchain enthusiasts have been quick to label this a reaction […]

Read more...

Banks Editorial Team

April 2nd, 2018

Barclays and Coinbase: Bridging the Relationship Between Banks and Bitcoin

One of the common questions among altcoin investors has been when mainstream banks will get on board with altcoins. Coinbase recently found a tentative answer to that question when, surprising everyone, it managed to arrange a contract with Barclays that’ll give it an advantage in the UK market. But is this a sign of things […]

Read more...

Banks Editorial Team

April 2nd, 2018

Bitcoin Investing 101: Is ‘Buy and Hold’ Better for Your Bank Account?

Let’s start with the basics of bitcoin investing. What is “buy and hold”? Buy and hold is one of two major ways of managing an investment. In buy and hold, otherwise known as “passive,” investing, the investor holds assets for a long period hoping to ride out short-term changes in favor of long-term trends. A […]

Read more...

Banks Editorial Team

April 2nd, 2018

Mastercard Takes Unusual Stance on Banks and Bitcoin

Altcoins and cryptocurrencies have been wildly popular on the internet, but that hasn’t translated to the same optimism in the traditional financial industry. However, recent news has traditional finance sector roiling: Mastercard has recently decided it will work with altcoins—but only certain kinds of altcoins. Mastercard’s Decision Mastercard’s decision is simple. It will work with […]

Read more...