A CryptoFund for Investing in Digital Currency
CryptoFund is a digital currency investment fund where clients' bitcoins are professionally traded in the cryptocurrency space. The Cryptomen team, developers of Cryptofund, claim that it's the world's very first digital currency investment fund. There will be many CryptoFunds, each named in tribute to space monkeys. The first fund is codenamed: Miss Baker. Each CryptoFund has a unique identifier, including unique wallet addresses that are displayed upon launch. How It Works. Each fund has a 30 day funding period, where anyone can sign up and pledge their bitcoins (minimum .25). At the end....
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We received a lot of questions at multiple bitcoin and crypto conferences and meet ups: “how to get the maximum out of Crypto” an “what is the best investment”. Is it investing in Crypto companies, day trading or buying collectibles and/or antiques on the fairly new auction houses that have sprung up? We will provide some pointers. All suggestions have merit but all have some problems attached to them. Investing your digital currency in Crypto companies or start-ups. We start with this topic because if you are considering investing in Bitcoin companies you will make a difference to the....
The California Department of Business Oversight (DBO) and the New Mexico Taxation and Revenue Department (TRD) have both issued new releases warning consumers in those states about the potential downsides of investing in digital currency. The California DBO oversees a number of financial service and product providers in California, including banks and credit unions, money transmitters, investment planners and independent escrow agents, among other entities, while the New Mexico's TRD is responsible for collecting governmental revenue. Overall, the releases take a broad look at digital....
Bitcoin’s popularity is increasing every day. As time goes by, more of us are losing faith in fiat currency and placing our trust in the digital world. Sure, things aren’t always perfect, but if one looks deep enough, the advantages are certainly there, and given the right circumstances, it might be possible to earn a bit to further secure ourselves financially. As we near the end of 2015, many may be wondering if investing in bitcoin might be a good goal for the upcoming year. Here are a few reasons why one should consider doing so:
Whether it’s due to geographical location, trading limits, or a lack of access, investing is far from a level playing field. This is especially the case in centralized investing, which has notoriously used sanctioning to bar whole geographical regions from investing in certain locations or stocks. While DeFi (decentralized finance) has allowed for many of […]
The Washington State Department of Financial Institutions (DFI) has warned consumers about investing in bitcoin and digital currency, along with marijuana and binary contract investments. The notice has been posted on the department's "news and alerts" section and is titled, "Beware of the Next Big Investment." State Capitol Building. Marijuana, binary options and digital currency have recently emerged as investments that buyers and sellers hope will be "the next big thing," the alert notes. The notice addresses bitcoin after first describing the other two investments and devotes....