The HOLD 10 Index is a passively managed fund of the top 10 cryptocurrencies

 This year the market capitalization of all cryptocurrencies has grown from about $13 billion to well over $150 billion, fueled by infusions of capital from all different types of investors. But irregardless of this extreme growth, it’s still very complicated for most people to invest in cryptocurrency. So one startup is launching a private index fund designed to let you passively hold… Read More

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Russia may soon issue its own official blockchain-based currency, the CryptoRuble

 Russia will issue its own official cryptocurrency, the CryptoRuble, capping months of speculation about the country’s approach to the technology. While in a way it indicates an embrace of the likes of Bitcoin and Ethereum, the CryptoRuble is unlikely to share the truly decentralized nature of other coins. Read More

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Bitcoin just passed $5,000

 This morning Bitcoin shot past $5,000, and is now hovering around $5,300 – up nearly 10% from yesterday. It’s the first time the cryptocurrency has confidently shot past $5,000. Some exchanges saw the price hit $5,000 for a few minutes in September, but it only lasted for about 10 minutes, making today the first sustained movement past the historic milestone. Interestingly, not… Read More

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Coinbase is launching instant purchases and ditching the 3-5 day wait period

 Coinbase just announced that users can instantly purchase cryptocurrency and have it be funded from a U.S bank account. Until now these types of purchases took between 3-5 days to complete, as Coinbase waited for funds to transfer via ACH before they credited your purchase. This wait meant that users would often get frustrated because of bitcoin’s inherent volatility – the price… Read More

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