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Investing in Currencies

Here’s how smart investors evaluate their cryptocurrency investments

Alex Carchidi  |  The Motley FoolCrypto Weekly: Family fortunes and GameStop's pivotGameStop's crypto pivot GameStop shares were back in action as the company's move to hoard bitcoin brought retail investors back to the meme stock.Investing in cryptocurrencies is a distinct but related discipline to investing in stocks and other financial instruments. Though it's fully possible to apply most of the same principles you use for thinking about your stocks to your cryptos — like, for example, comparing your coin's performance to the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) or...
Currencies

BlackRock CEO warns Bitcoin could replace US Dollar as global reserve currency, crypto ETFs witness inflows

In an annual letter to investors, BlackRock CEO Larry Fink warned that digital assets could offset America's economic advantage. Fink claims that the US Dollar risks losing its world reserve currency status to digital assets like Bitcoin. CoinShares' weekly report notes that crypto ETFs saw inflows of $225 million last week. BlackRock CEO Larry Fink stated in an annual letter to investors on Monday that the US national debt could cause the Dollar's global reserve status to be replaced with Bitcoin if investors begin to see the digital currency as...
Stock Market

Stock market slides. Major indexes wrap up losing week.

Tesla trade-ins hit record high amid Elon Musk controversyTesla trade-ins have reportedly hit a record high amid a brand crisis linked in part to CEO Elon Musk's involvement in the Trump administration. According to the Washington Post, Teslas made up 0.4% of all vehicles traded at traditional dealerships a year ago. That figure doubled to 0.8% in January.unbranded - NewsworthyU.S. stocks plunged, with the Dow closing down more than 700 points and the S&P 500 shedding over 100 points amid heightened inflation and tariff concerns.The Fed's preferred inflation measure, the...
Upcoming Investments

TVP AND DEMAND POOL ANNOUNCE UPCOMING LAUNCH OF FIRST STRATUM V2 BITCOIN MINING POOL AND CLOSING OF VENTURE CAPITAL INVESTMENT

AUSTIN, Texas, March 18, 2025 /PRNewswire/ -- DMND ("Demand Pool"), the world's first Stratum V2 Bitcoin mining pool, announced the opening of the application for miners to join DMND as launch partners today. Successful applicants will benefit from a 0% fee for an initial two-month period, as well as a special two-year founding miner agreement. DMND also announced its venture capital financing that took place in Q4 2024, led by Trammell Venture Partners ("TVP"). Stratum V2 enhances Bitcoin's decentralization and privacy by enabling miners to construct their own block templates....
UK Property

UK National Crime Agency Officer Stole 50 Bitcoin (BTC) in 2017, Prosecutor Alleges

United Kingdom prosecutors allege an officer working for the country’s National Crime Agency (NCA) stole 50 Bitcoin (BTC) back in 2017. The Crown Prosecution Services authorized Merseyside Police to charge NCA officer Paul Chowles with 11 counts of concealing, disguising, or converting criminal property, three counts of acquiring, using or possessing converting criminal property and a single count of theft. The 50 BTC was priced at £60,000 ($77,658) back in 2017 and is worth £3.26 million ($4.2 million) at time of writing. Chowles, 42, is set to appear at Liverpool...
Currencies

Tether And Bitcoin Have A Loud, Routinely Ignored Dollar Problem

SYMBOL - 23 April 2024, Baden-Württemberg, Rottweil: The logos of the cryptocurrencies Bitcoin ... (BTC), Ethereum (ETH), the stablecoin Tether (USDT) and Binance Coin (BNB) can be seen on the trading platform CoinMarcetCap. (Image with longer exposure time). Photo: Silas Stein/dpa (Photo by Silas Stein/picture alliance via Getty Images)dpa/picture alliance via Getty Images Private, or “crypto” money will eventually replace government money. Bank on it. As written in The Money Confusion, profits from the trading of fiat currency chaos ($7 trillion per day worth of currency trading) ensure the eventual...
Currencies

Trump signs executive order to create ‘bitcoin reserve’

WASHINGTON (TNND) — President Donald Trump signed an executive order on Thursday establishing a government reserve of bitcoin.Under Trump's new order, the U.S. government will retain the estimated 200,000 bitcoin it's already seized in criminal and civil proceedings, according to Trump's "crypto czar" David Sacks.“The U.S. will not sell any bitcoin deposited into the Reserve. It will be kept as a store of value. The Reserve is like a digital Fort Knox for the cryptocurrency often called ‘digital gold,’” Sacks said on X, the platform formerly known as Twitter.Sacks vows...
Investing in Currencies

North Carolina House Speaker Destin Hall backs cryptocurrency bill

North Carolina could add bitcoin and other cryptocurrency into its state investment portfolio under a bill moving in the state House this week. Advocates, including the House speaker, think it could improve returns for the state pension fund. The Digital Assets Investments Act is the first bill sponsored by new Republican House Speaker Destin Hall. Hall said in a news release that the legislation would make North Carolina a leader in technological innovation. He said cryptocurrency investments have "the potential to generate positive yields for our state investment fund."Hall’s co-sponsor...
Investing in Currencies

North Carolina House Speaker Destin Hall backs cryptocurrency bill

North Carolina could add bitcoin and other cryptocurrency into its state investment portfolio under a bill moving in the state House this week. Advocates, including the House speaker, think it could improve returns for the state pension fund. The Digital Assets Investments Act is the first bill sponsored by new Republican House Speaker Destin Hall. Hall said in a news release that the legislation would make North Carolina a leader in technological innovation. He said cryptocurrency investments have "the potential to generate positive yields for our state investment fund."Hall’s co-sponsor...
Currencies

Bitcoin jumps 10% after Trump names cryptos for strategic reserve

Bitcoin and other cryptocurrency prices jumped after President Donald Trump named them in a post about a crypto strategic reserve. The price of Bitcoin jumped more than 10% on Sunday, after President Donald Trump said it would be part of a Crypto Strategic Reserve, along with a handful of other digital currencies. Although he didn’t initially mention Bitcoin by name, he did name smaller digital assets whose prices also spiked. In a post on Truth Social, Trump said his executive order on digital assets directed the Presidential Working Group to...
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