cryptocurrency

“If I want to buy a million dollars worth of bitcoin right now, I’ve got to do a fair amount of work to pull that off,” investor Kevin O’Leary said.

Jackson added that this week’s drop shouldn’t concern long-term holders.

Goldman Sachs’ Jeff Currie says more money from the financial world needs to flow into bitcoin in order for it to stabilize.

Billionaire Mark Cuban has always been cautious when it came to the topic of cryptocurrency, and in the past, he has warned others to be careful with it. So, what would it take for the “Shark Tank” investor to change his mind?

Bitcoin, the largest cryptocurrency, fell over 10% from a day earlier to $34,200, according to Coin Metrics data.

“I don’t like bitcoin here. I don’t like things that are up on a stilt like that,” DoubleLine Capital CEO Jeffrey Gundlach told CNBC.

“Watching the cryptos trade, it’s EXACTLY like the internet stock bubble,” Mark Cuban, investor on ABC’s “Shark Tank,” tweeted on Monday.

Bitcoin’s price tumbled on Monday. Whether you see this as a buying opportunity or a chance to bail, the IRS will want to know what you did with your holdings.

People investing in cryptocurrencies risk losing all their money, according to U.K.’s Financial Conduct Authority.

CNBC Make It spoke to bitcoin and fintech experts about the common concerns surrounding the cryptocurrency.

Edward Yardeni of Yardeni Research sees late 1990s-type euphoria creating a vulnerable market environment.

“It gets less risky the higher it goes. That’s the opposite of what happens with most stocks,” Bill Miller said of bitcoin.

Bitcoin smashed through $40,000 to hit a new record high on Thursday as the cryptocurrency’s massive rally continues.

The price of bitcoin rallied above $35,000 Tuesday night, hitting an intraday high of $35,821, according to Coin Metrics data.

Bitcoin’s volatility would need to drop substantially before it can match gold in terms of market value, the bank’s strategists said in a note Monday.

Ether climbed past the $1,000 mark Monday and hit its highest level since Feb. 2, 2018.

The cryptocurrency surged over $30,000 for the first time on Saturday and advanced more than 300% in 2020, Reuters reported.

Rosenberg Research’s David Rosenberg is worried about frothiness in the market, but he’s still finding ways to make money.

Gold and silver prices could be headed for new heights in 2021 after their best years since 2010, says Miller Tabak’s Matt Maley.

Sitting on a pile of appreciated crypto? Consider donating some of it to your favorite charitable organizations. What it means for your taxes.