Crypto & Its Market News

Teenage bitcoin millionaire Erik Finman, 19, has advice for young people looking to invest in the cryptocurrency: "Find what you're good at, and find a way to make money doing it." "This is crucial for young people," he writes on Twitter. "Establishing an extra stream of income will allow you to start investing earlier." TWEET Finman currently owns 401 bitcoins, which he confirmed with CNBC Make It, or over $4.4 million at the rate of $11,182 a coin. The teenager began investing in bitcoin in May 2011, after receiving a $1,000 gift from his grandmother at age 12. Finman tells Forbes that his knack for politics is actually what got him interested in bitcoin initially. "[I] saw this as an incredible way to transcend the financial system including Wall Street," he tells the magazine. However, notable financial experts like Warren Buffett have warned against investing in bitcoin. "In terms of cryptocurrencies, generally, I ca...

BITCOIN might have taken a hit in recent weeks, but one cryptocurrency expert has no doubts that the digital currency will rebound - and then some, as revealed by cryptocurrency expert and CEO Bobby Lee.   Bitcoin’s  price could hit above $1 million dollars in the next 20 years, Bobby Lee, CEO of China’s first bitcoin exchange said.  Speaking exclusively to Express.co.uk at London Blockchain Week, Bobby Lee, the co-founder of BTCC, said: “Bitcoin, I think will get to $1 million per bitcoin. “Right now it’s 10,000, it will go 100,000 and then 200,000, 500,000.  “Half a million, that’s going to be a milestone and then eventually it will cross $1 million for bitcoin.” Asked how long it would take to hit the million mark, Lee said: “Within 20 years, really within 20 years.” Bitcoin is a cryptocurrency not controlled by a single administrator and can be used to buy things worldwide electronically.  Its popularity has caused demand to skyrocket th...