Step-by-Step Guide for Spotting the Next Crypto Gem

A man has been jailed for four-and-a-half years after admitting stealing £2 million worth of cryptocurrency from victims around the world. 

New York State Assembly member Clyde Vanel introduced a bill that “establishes cryptocurrencies as a form of payment for state agencies,” according to the bill’s description on the New York State Senate website. Assembly Bill A2532 has been referred to the New York State Assembly Committee on Government Operations. According to its summary, the bill:

Key metrics turn risk-on

The White House has revealed a strategy to address the possible risks linked with crypto.

On Wednesday, Sen. Ted Cruz (R-Texas) introduced a concurrent resolution that, if adopted, would require the Architect of the Capitol, the Secretary of the Senate and the Chief Administrative Officer of the House of Representatives to only contract with food service contractors and vending machine operators for the Capitol complex that accept cryptocurrency.

Ireland’s Central Bank chief is no fan of cryptocurrency.

Hodlers might tend to hold on to their coins regardless of the market conditions, and day traders are more actively involved as they take advantage of short-term profits and lower volatility risks. Both can be profitable; it all depends on your risk appetite. Moving forward, regardless of the trading strategy you are opting for, do not lose more than you can handle.

Today, there are over 20,000 cryptocurrencies in circulation. But how did the cryptocurrency reach this point? And where is it heading? This roundup will reveal key facts and figures on the state of crypto right now.

A crypto index fund simply takes the idea of a traditional index fund and replaces the underlying assets with cryptocurrency tokens instead of company shares. Crypto index funds, however, are still a new development, with very few currently available.