Currencies

Markets

Shun bitcoin, invest in blockchain?

Bitcoin is a controversial investment: While many people have profited as the cryptocurrency has soared from relative obscurity to an investment worth over $16,000 as of Friday morning, many economists and business leaders continue to warn of a coming collapse.

Markets

Bitcoin and taxes: What you need to know

If you are one of the many individuals who owns bitcoins, or is thinking about buying into the emerging technology, one important thing to note is that the Internal Revenue Service (IRS) does not in fact treat the burgeoning digital currency as a currency.

Markets

Venezuela seeing bitcoin boom amid economic crisis

A growing number of Venezuelans are turning to bitcoin to make ends meet amid the country’s economic crisis, including John Villar, who in the last month has bought has bought two plane tickets to Colombia, purchased his wife's medication and paid the employees of his startup business — all in bitcoin.