Why did banks ban cryptocurrency purchases using their credit cards?

The wave of banks banning the purchase of cryptocurrency using credit cards is growing as Wells Fargo joins these types of bans. Several other banks such as Chase, Bank of America, Citigroup and more are part of this new trend that is limiting the purchase of cryptos. Debit cards can still apparently be used to …

Bitcoin basics

For someone unfamiliar with Bitcoin, the first question that comes to mind is, “What is Bitcoin?” And another common question that is often asked concerns the Bitcoin price. When it was introduced in early 2009 it started below 10 cents per Bitcoin. Since then it has grown steadily and has been hovering around $4000 per …

A brief introduction to how to buy Bitcoins as a traded currency these days

Being a popular currency, bitcoins are gaining popularity all over the world today, as a result many people have shown interest in buying them. Although many financial leaders advise people not to adopt this cryptocurrency, due to its volatile value, it is gaining acceptance at a rapid pace. To buy Bitcoins, one can register with …