Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
OR
Please fill out the required fields Please fill out the required fields Please fill out the required fields
Get Into Cryptocurrency Trading Today
TrumpCoin debuted at $72, later stabilizing at $34, while MelaniaCoin dropped from $13 to $2.70. This move, alongside Elon Musk’s earlier endorsement of cryptocurrency as a “valuable bulwark against centralized control,” has ignited investor enthusiasm, propelling Bitcoin’s valuation. By week’s end, it settled at $105,400, marking a new era for crypto.
Ordinary investors are reaping significant benefits. Anna Tinner, a 66-year-old photographer from East Sussex, entered the crypto market in 2017 with an investment of £9,000 across Bitcoin, Ethereum, and Dogecoin. Today, her portfolio is worth £100,000. “I don’t know much about finance,” she confessed. “I buy on instinct and am amazed at how far I’ve come.”
Since its inception in 2009, Bitcoin has transitioned from a fringe technology to a mainstream asset. Trump’s campaign to position America as the “crypto capital of the planet” has spurred an investment frenzy. According to Morningstar, cryptocurrency index fund investments in the U.S. and Europe surged from $48 billion to $146 billion in 2024, with significant activity in the year’s final months.
In the UK, the number of crypto investors has risen from five million in 2022 to seven million today, with average holdings valued at £1,842. Dovile Silenskyte from WisdomTree notes that optimism surrounding Trump’s regulatory policies is driving this growth.
The Financial Conduct Authority (FCA) categorizes cryptocurrency as “high risk and speculative,” cautioning investors to be prepared for potential losses. Despite this, Bitcoin has delivered astronomical returns, with a 515% increase since 2023, dwarfing the FTSE 100’s modest 14.6% rise.
Cryptocurrency operates independently of central banks, relying on blockchain technology—a decentralized ledger—to record transactions. Bitcoin’s supply is capped at 21 million coins, of which 19.5 million have already been mined. This finite nature shields it from inflationary manipulation.
However, the UK’s unregulated crypto market leaves investors vulnerable. Protections like the Financial Ombudsman Service or the Financial Services Compensation Scheme do not extend to crypto investments, increasing the stakes for participants.
In 2024, U.S. cryptocurrency investments skyrocketed from $40 billion to $130 billion, while Europe saw growth from $8.2 billion to $15.8 billion. UK investors face tighter restrictions, including a 2020 ban on crypto tracker funds, limiting their options.
Investors typically use platforms such as Etoro, Coinbase, or Crypto.com to trade cryptocurrencies. These intermediaries charge fees; for instance, Etoro applies a 1% transaction fee and a 0.75% currency conversion fee, with discounts for high-volume trades.
While cryptocurrencies often require conversion to cash for spending, platforms like Revolut enable direct payments through debit cards linked to crypto wallets. In nations like El Salvador, Bitcoin is legal tender, and even some UK retailers now accept it.
However, security is paramount. Instances of fraud and exchange collapses, such as the $8.7 billion FTX debacle in 2022, underscore the importance of secure wallets and trusted platforms.
Kenneth Lamont from Morningstar advises against investing out of fear of missing out (FOMO), noting that Bitcoin is nearly five times as volatile as U.S. stocks, with Ethereum ten times more unpredictable. Andrew Oxlade from Fidelity International echoes this, urging investors to consider their risk tolerance.
In the UK, stringent criteria apply to crypto investments. Platforms require users to certify as high-net-worth individuals or restrict high-risk investments to 10% of their portfolio. The vast array of cryptocurrencies further complicates decision-making, with many projects failing despite initial hype.
Bitcoin halving events, which occur approximately every four years, reduce the rewards for mining new coins by half. This scarcity mechanism has historically boosted Bitcoin’s value. The next halving is slated for 2028, with the final Bitcoin expected to be mined by 2140.
For those hesitant to buy cryptocurrencies outright, investing in related stocks or funds offers a viable alternative. MicroStrategy shares have surged 743% over the past year due to its aggressive Bitcoin acquisition strategy. Similarly, Coinbase shares have risen 170%, while blockchain-focused ETFs like WisdomTree and Invesco have posted strong gains.
Crypto gains are subject to capital gains tax, with rates of 18% for basic-rate taxpayers and 24% for higher earners. HMRC has ramped up enforcement, issuing warnings to potential tax evaders and imposing penalties for non-compliance.
While the potential rewards of cryptocurrency are undeniable, they come with substantial risks. Whether you’re drawn by Trump’s endorsement or the promise of high returns, it’s crucial to approach the market with caution, conduct thorough research, and never invest more than you can afford to lose.
In a bold move that continues to shape the future of cryptocurrency adoption, El Salvador’s Congress has fast-tracked a new...
18 days ago | Laura Williams
The IMF Deal: A Game-Changer for Bitcoin Policy
18 days ago | Laura Williams
Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
ALL
Trending
WATCHLIST
Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.
{[{ marketcap }]} {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H) {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H)
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting allthe data fromseveral exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current priceand the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Ripple vs. SEC: Can XRP Finally Break Free?
15 days ago | Karrie Tan
The Dark Side of Meme Coins: What You Need to Know Before Investing
15 days ago | Laura Williams
Criminals’ New Cryptocurrency of Choice: Tether
15 days ago | John Smith
FTMO Review: A Comprehensive Look at the Leading Prop Trading Firm
18 days ago | David Jhones
Tezos (XTZ) Review 2024: Everything You Need to Know Before Buying Tezos
.article-container { font-family: Arial, sans-serif; line-height: 1.6; color: #333; backgrou...
Chromia (CHR) Review 2024: Everything You Need to Know Before Buying Chromia
Illuvium (ILV) Review 2024: Everything You Need to Know Before Buying Illuvium
My Neighbor Alice (ALICE) Review 2024: Everything You Need to Know Before Buying My Neighbor Alice
Star Atlas (ATLAS) Review 2024: Everything You Need to Know Before Buying Star Atlas
OQtima
Oqtima is an emerging online trading platform that offers a wide range of financial instruments, inc...
Saxo
Saxo Bank is a leading global online broker offering a wide range of financial instruments, includin...
FXCC
.article-container { font-family: Arial, sans-serif; line-height: 1.6; color: #333; background-c...
Quadcode Markets
Quadcode Markets is an online brokerage offering a wide range of financial instruments, including fo...
Trading 212
Trading 212 is a popular online broker offering a range of financial products including stocks, ETFs...
(adsbygoogle = window.adsbygoogle || []).push({}); Introduction In t...
(adsbygoogle = window.adsbygoogle || []).push({}); Einführung Wenn es um Er...
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
Bitcoin Hits Record High Amid Trump’s Surprising Cryptocurrency Support
Trump’s Crypto...
The Latest Technical Analysis of Popular Cryptocurrencies: BTC, ETH, XRP, and DOGE
.article-container...
Most Cryptos Are Lossing Grip, But Not Dogecoin - Why?
The crypto world has experienced a sustained decline in recent times. Most of the coins have...
Argentina’s G20: Mnuchin will talk about cryptocurrencies
The cryptocurrencies are now an undeniable part of worldwide economic landscape, and more and...
The Top 10 Crypto Assets with the Highest Potential in 2025
.article-container...
(adsbygoogle = window.adsbygoogle || []).push({}); Introduction In t...
(adsbygoogle = window.adsbygoogle || []).push({}); Einführung Wenn es um Er...
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
COMMENTS (0)