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The Latest on Google, Netflix, Uber, and Bitcoin(Continued from Prior Part)Bitcoin has breached the $8,000 mark for the first time since last JulyAfter a lull, Bitcoin (BTC) has finally taken off again. The cryptocurrency climbed to $8,297 on May
Tech Bytes: Bitcoin's Surge, Apple's Life-Saving Device, and MoreBitcoin has surged nearly 25% in two days Like most other cryptocurrencies, Bitcoin (BTC) has been in a lull over the last four months. It crashed from $19,587 in December 2017 to a low
With the dai's dollar-peg "almost at a breaking point," governance token holders are considering whether to raise the "Dai Stability Fee."
Crypto Facilities, which provides futures data to CME, saw its own trading volume jump five-fold after being acquired by Kraken.
Bitcoin's MACD histogram is registering its highest value since January of 2018, which suggests bitcoin's price may have already bottomed out.
TradingView, the U.S.-based provider of financial markets data charts and analysis, has added Huobi's HB10 cryptocurrency index to its platform.
LGO Markets, a new crypto exchange for institutional investors with an unusual approach to custody, will launch spot trading on March 11.
Circle Internet Financial is reportedly looking to raise a further $250 million in funding to counter the bear market slump.
A technical indicator, which incorporates both bitcoin's price and trading volume, is signaling the cryptocurrency may have bottomed in December.
As a digital currency, you'd think buying bitcoin would be easy. I was shocked by the process the first time I tried. I had to set up a bitcoin wallet, print paperwork, drive to a pharmacy and send a MoneyGram order to California. It took days before bitcoin showed up in my wallet.Thankfully, things have gotten simpler over the years. If you want to buy bitcoin today (and I'm convinced bitcoin will hit $100,000 one day), you've got several options. How to Buy Bitcoin: With Your Bank AccountThe most common way to buy bitcoin is by opening an account with a crypto-fiat exchange.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThese are exchanges that allow you to deposit currency ("fiat" means paper money) and convert it to bitcoin using their exchange. Now, because these exchanges are taking cash from you and holding it on your behalf, opening an account requires some due diligence by the exchange.It's a similar level of diligence that you would expect when opening a bank account or a brokerage account. Crypto-fiat exchanges need to conduct KYC (know-your-customer) and AML (anti-money laundering) checks on you for their internal compliance. (We can't expect an exchange to allow an anonymous person to deposit hundreds of thousands of dollars into their exchange and buy bitcoin!) * 7 Consumer Stocks to Buy and Hold for Years Below is an example from the customer onboarding process of a crypto-fiat exchange called Gemini.The steps required to buy bitcoin on GeminiSource: Gemini.comHere are the steps required to buy bitcoin on Gemini.You'll notice that as a security measure you first need to set up Two-Factor Authentication (or 2FA) using your mobile device. This requires you to download an app (they recommend Authy). Every time you log in to the site, you'll first enter your username and password. Then, you'll open the Authy app to get a randomly generated code. You'll need to enter that code on the website. This ensures hackers can't access your account without having access to your username, password AND mobile device.After this, you'll be asked to add your bank account details. And then you you'll need to upload proof of identity and proof of address documents. The specifics of the document requirements will vary on where you live, but generally you should expect to provide a good-quality scan of your current valid passport or driver's license and a proof of address like a utility bill.HINT: Before you begin opening your account, make sure you have scanned copies of your identity document (passport/national ID or driver's license), and recent address proof dated within the past three months (i.e., a utility bill) ready. How to Buy Bitcoin: With a Credit CardMany exchanges don't let customers use credit cards to buy bitcoin. That's because bitcoin transactions are nonrefundable. Credit card payments on the other hand can be disputed. If the dispute happens after an exchange has released its bitcoin to you, it has few options to get reimbursed.Recently, though, the Malta-based exchange Binance.com gave customers the ability to buy bitcoin with a credit card through a partnership with crypto-payments company Simplex. There are some restrictions.Simplex doesn't work in all countries, and it's unavailable in several U.S. states including Connecticut, Georgia, Hawaii, New Mexico, New York, and Washington.If you're in a permitted state, you'll need to set up an account on Binance before you can place your credit card order. You'll also have to pay a 3.5 percent fee, but your bitcoin should be available for trading within 30 minutes. How to Buy Bitcoin: With CashSince 2012, the Finnish company Localbitcoins.com has been connecting bitcoin buyers and sellers in person and online. Like classified ads, users post how much bitcoin they want to buy, and the price they're willing to pay. Sellers also post a selling price for bitcoin and how they'd like to execute the trade.Prices and requirements to buy bitcoin vary widely, so make sure you're comfortable with the terms each seller has listed.Localbitcoins lists each seller's successful transactions and ratings. Pay close attention to those stats. The more transactions a seller has performed and the higher his or her rating, the more confident you can be you're not going to get scammed. Always make sure to meet sellers in a public place. And be sure your local jurisdiction doesn't forbid private bitcoin sales.Bitcoin may be in a bear market now, but everywhere I look I see signs of strength. If you're thinking about buying bitcoin, there's no better time than now. Bitcoin $100,000 could happen sooner than most investors think. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 5 STARS Stocks That Continue to Define the Future * 7 of the Best ETFs to Buy for a Rock-Solid Portfolio * 5 Real Estate Stocks to Buy for Dividend Income Compare Brokers The post 3 Simple Steps to Buy Bitcoin Online or in Person appeared first on InvestorPlace.
QuadrigaCX's court-appointed monitor has finally provided blockchain addresses for the exchange's cold bitcoin wallets. They're nearly empty.
Bitcoin has witnessed indecisive trading in the last 48 hours and would turn bullish again if prices rise above $3,900.
Bitcoin may have ended a six-month losing streak in February, but MKR, THETA, ENJ and MET ensure it wasn't the crypto market's biggest winner.
Yahoo Finance's Oscar Williams-Grut, Myles Udland, Sibile Marcellus, Kristin Myers discuss the outlook of crypto and what to expect at this year's Consensus Conference.
Grayscale Investments is launching a new national ad campaign that encourages you to buy Bitcoin and drop gold. CEO of Grayscale, Barry Silbert, joins Yahoo Finance to break down the details.
Cryptocurrencies have rallied in recent days with Bitcoin trading above $5,000. Yahoo Finance's Julie Hyman, Adam Shapiro, Dan Roberts and Pras Subramanian discuss.
The government of Bermuda passed the Digital Asset Business Act last fall to regulate fintech and crypto companies, and The Signature Bank of New York became the first bank to offer banking services to fintech companies in Bermuda. The Premier of Bermuda joins Yahoo Finance’s Dan Roberts, Akiko Fujita, and Sibile Marcellus to talk more.