Bitcoin is a type of currency that uses digital tokens that can be sent electronically from one person to another. Like dollars, Bitcoin can be used to complete everyday transactions, as long…
Bitcoin Is Known as a Volatile Asset—Here's How It's Priced Bitcoin, the popular cryptocurrency, is neither backed by any banks or governments nor is it recognized as legal currency. However,…
The IRS and Virtual Currency The IRS has indicated that virtual currency is that which doesn't have status as legal tender in any jurisdiction. It's referred to as "convertible" virtual…
XRP is a currency that's now primarily used by Ripple to facilitate payments between banks in different government-issued currencies. In 2011, three engineers named David Schwartz, Jed McCaleb, and Arthur…
A cryptocurrency crowdsale is a method of funding a project through the sale of digital tokens that give their buyer the right to participate in an idea being funded by…