Cryptocurrencies were all the rage earlier this year, with the prices of several coins surging to record highs and crypto exchange Coinbase making its public offering. Crypto enthusiast and Tesla CEO Elon Musk tweeted rocket and moon emoji, boosting the rallying cry “to the moon!” And investors big and small jumped into the market…
How to prepare for the next Bitcoin crash
If you thought you could handle market volatility, Bitcoin’s dizzying ups and downs are something else.
The largest cryptocurrency’s price hit a record high of more than $63,000 per coin in April, when the IPO of crypto exchange Coinbase helped catch the public’s attention. But the rally didn’t last long: Bitcoin’s price…
How does a crypto exchange work?
In the old days, if someone needed their cash, they would head down to the bank, fill out a form, stand in a long line, hand the form over, wait while someone counted the money, then counted it again, before they tucked the crisp bills into a neat white envelope and handed it over.