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They Made Millions on Luna, Solana and Polygon: Crypto’s Boom

Brenda Gentry, 46, a cryptocurrency speculator from San Antonio, said she started buying Bitcoin in 2020 before switching her focus to lesser-known tokens like Bund, which is tied to a decentralized sports-betting network. Ms. Gentry’s Bund trades netted her around $400,000 in profits, she said, and her total portfolio is now in the mid-six figures,…

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Crypto is like the 1990s internet, nearing a hyper-adoption phase,

Cryptocurrencies are near a phase of hyper adoption, similar to what the internet experienced in the mid-to late 1990s, Wells Fargo said.  Digital assets are following an adoption pattern similar to other recent technologies, such as the internet, according to a Monday report by Wells Fargo’s global investment institute. “Adoption typically started slowly, hit an…

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Russia Moves to Recognize Crypto as a Form of Currency

Regulators hope to “bring the digital currency industry out of the shadows” The establishment of rules for crypto circulation “would minimize the threat to Russia’s financial system” The Russian government and the country’s central bank have reached an agreement to draft legislation or amend existing laws recognizing crypto as a form of currency, according to…

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Canadian Crypto Platform Newton Raises $20M Round at $200M Valuation

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part…

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How to Buy Crypto on the Apps You Already Have

In line with the explosive adoption of cryptocurrency, Robinhood, like most traditional financial apps, now offers a section where users can purchase crypto. Unlike the other apps listed in this guide, Robinhood specializes in enabling trading services for its users. So Robinhood not only offers the ability to buy and sell crypto, but also allows…

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This Popular Crypto Investor Predicts ‘Nasty Downturns’ Ahead

Editorial IndependenceWe want to help you make more informed decisions. Some links on this page — clearly marked — may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money.January was a bad month for the crypto market, and one expert says…

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