Many people in the mainstream financial media are convinced that investing in Bitcoin is a bad and dangerous idea. But they're mistaken.
Those who know and follow Bitcoin closely know better. Unfortunately many investors use the mainstream media as a primary source of information.
Usually that's OK, but when it comes to Bitcoin the mainstream media has a habit of spreading a lot of misguided arguments
Here are the six biggest myths you keep hearing about Bitcoin...
Many people in the mainstream financial media are convinced that investing in Bitcoin is a bad and dangerous idea. But they're mistaken.
Those who know and follow Bitcoin closely know better. Unfortunately many investors use the mainstream media as a primary source of information.
Usually that's OK, but when it comes to Bitcoin the mainstream media has a habit of spreading a lot of misguided arguments
Here are the six biggest myths you keep hearing about Bitcoin...
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More investors will be asking "Should I open a Bitcoin IRA?" as the cryptocurrency's value continues to soar.
Bitcoin IRAs were made possible in 2014 by an IRS ruling. But the 123% rise in the price of Bitcoin last year has drawn attention to it as an alternative investment.
While a Bitcoin IRA has a lot in common with other IRAs, there are a few caveats.
Here's everything you need to know...
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While investing in Bitcoin was on the minds of just a brave few a couple of years ago, now it's a safe-haven option retail investors no longer can afford to overlook.
Money Morning expert Michael A. Robinson likes to call Bitcoin "digital gold" because it can play an investing role similar to that of the yellow metal.
But Bitcoin investing has advantages that even gold lacks...
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In a major piece of Bitcoin news, the Commodity Futures Trading Commission (CFTC) ruled that the digital currency is a commodity.
It's a significant step along the road toward Bitcoin regulation. While some early adopters of Bitcoin would prefer no government involvement with Bitcoin, Bitcoin regulation is necessary for the digital currency to play any meaningful role in the financial system.
Here's what the ruling means for Bitcoin investments...
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The financial center of gravity for Bitcoin technology got another tug in the direction of the UK over the weekend when Barclays Plc. (NYSE ADR: BCS) announced it would allow people to make donations using the digital currency.
It's one more salvo in the fight between London and New York for dominance over this rapidly growing area of "fintech."
Here's what that transatlantic struggle means for Bitcoin...
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Bitcoin penny stocks may not be an ideal way to invest in Bitcoin, but if you're looking for equities in this category, your options are limited.
For sure, there's no shortage of Bitcoin companies, but few are publicly traded. And those that are publicly traded are penny stocks.
Even so, the potential rewards of investing in Bitcoin penny stocks make it worth the risk for some.
Here are seven Bitcoin penny stocks you can buy now...
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Startup itBit Trust Co. has become the first U.S. Bitcoin exchange able to offer its services in all 50 states.
It's another major step toward mainstream adoption for the digital currency.
The New York State Department of Financial Services (NYDFS) granted a trust company charter to New York-based itBit last Thursday.
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The amount of money venture capitalists are investing in Bitcoin continues to accelerate, demonstrating their faith in the potential of the digital currency.
In the first quarter of 2015, venture capitalists poured $229 million into Bitcoin startups. That was more than double the $144 million invested in Bitcoin in Q4 of 2014.
And now venture capitalists are concentrating on the most promising Bitcoin startups.
One company set a Bitcoin funding record last month and has venture capitalists swooning...
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Don't be fooled when you see a Bitcoin price prediction that calls for a collapse in the digital currency based on its steep price decline from a bubble that burst.
That's not really what the charts are saying, although it's easy to see why they'd get it wrong.
The critics only can see a long slide into oblivion. They believe Bitcoin has no value, and that its demise is inevitable.
But these critics miss several key points...
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The first Bitcoin ETF ordinary investors can buy will be the Bitcoin Investment Trust.
With approval last week from the Financial Industry Regulatory Authority (FINRA) to sell its shares on the OTC Markets, shares should start trading within the next couple of weeks.
The fund gives investors a way to invest in Bitcoin without going to the trouble of buying Bitcoin and worrying about having a secure place to store it.
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With virtually no warning save a teaser tweet the day before, the Coinbase Bitcoin Exchange went live yesterday (Monday).
As the first licensed U.S-based Bitcoin exchange, it will help legitimize the digital currency in the eyes of the public as well as the broader financial community. But just as importantly, the Coinbase Bitcoin exchange finally will give U.S. investors a safe, secure, and seamless option for trading Bitcoin.
Coinbase went to extraordinary lengths to ensure the safety of its customers' money...
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Not only has venture capital investing in Bitcoin failed to slow even as the price of the digital currency has slumped, but now some big Wall Street names have hopped on the bandwagon.
On Tuesday Bitcoin payments and wallet platform Coinbase announced it had raised $75 million in Series C funding. That's more than double the previous amount of venture capital invested in a Bitcoin company.
But this time it wasn't just the usual Bitcoin-friendly VC firms backing Coinbase.
These heavy hitters just made investing in Bitcoin a hot new trend...
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On Sunday the Bitcoin price hit a 2014 low of just under $291 on the CoinDesk Bitcoin Price Index, but as of this afternoon (Wednesday) it had bounced back above $340.
It's just another week in the volatile life of Bitcoin.
But despite all the digital currency's wild ups and downs, the trends that matter have stayed on a remarkably consistent path, utterly unfazed by the gyrations in the Bitcoin price.
Just look at what’s been going on…
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When you start seeing a lot of Bitcoin news headlines declaring that the digital currency is dead or dying, it can only mean one thing.
Bitcoin prices are bottoming out and will soon start rising.
That’s not the conclusion one would normally draw from a Financial Times story that just pronounced the “end of Bitcoin,” but in this case it’s correct.
To make sense of this, we need to turn to science…
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More than one observer has compared investing in Bitcoin now to getting in on the California Gold Rush of 1849.
And there are numerous fascinating parallels, particularly regarding the area of mining and the wave of people who suddenly took an interest when they realized that fortunes could be made.
In this detailed graphic, you can see exactly how Bitcoin and the Gold Rush match up...
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