Fidelity to reportedly allow 401(k) retirement savings accounts to invest in Bitcoin

If approved, retirement savers can allocate 20% of their savings portfolio to Bitcoin without the need to open a crypto exchange account.

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Fidelity Investments Will Offer Bitcoin Inclusion in Its 401(k) Accounts: Reports

Investors can use part of their savings to invest in the world’s largest cryptocurrency if their employers allow it.

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Vantage Bank to offer staff Bitcoin savings plan in an effort to retain talent

Texas-based Vantage Bank announced plans to offer employees a savings plan where a portion of each paycheck can be saved in Bitcoin. The post Vantage Bank to offer staff Bitcoin savings plan in an effort to retain talent appeared first on CryptoSlate.

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Texas Bank to Add Bitcoin Salary Payments in Employee Savings Program

The launch of the new savings program exemplifies the financial evolution of Bitcoin

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Is Bitcoin a hedge against inflation?

Inflation eats into your savings, reducing the value drastically over time. Is Bitcoin a good inflation hedge?

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Ukrainian refugees escape with life savings in Bitcoin on pen drive

CNBC reported today that a 20-year-old refugee fled Ukraine and the only money he was able to carry was the Bitcoin he held on his pen drive. The post Ukrainian refugees escape with life savings in Bitcoin on pen drive appeared first on CryptoSlate.

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Micro-Investing App Acorns Adds Bitcoin Exposure Option

Users of the savings and investment platform can now allocate up to 5% of their accounts to the ProShares Bitcoin Strategy ETF.

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Ukraine’s largest savings bank halts Bitcoin buys with hryvnia — Report

Despite Ukraine progressing with crypto regulation, locals are reportedly unable to buy Bitcoin using their bank accounts at PrivatBank.

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BTC-ETH correlation closing in on ATH; here's what might be next

Many crypto traders invested their hard-earned savings in Bitcoin, only for it to behave like. . .an alt? A report from Arcane Research took a closer look at this phenomenon, to better understand whetThe post BTC-ETH correlation closing in on ATH; here's what might be next appeared first on AMBCrypto.

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Veteran Trader Advises ‘Gen Zs’ To Set Aside Savings On Bitcoin And Hold

It’s time for the new and younger generation to invest in Bitcoin. At least, this is what veteran trader and popular commentator Peter Brandt recommends. Brandt suggests members of the “Gen Z” should get a degree in an area where they may quickly find a well-paying job while avoiding student debt, if possible.

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Crypto Could Be Bad For Retirement Savings Plans, The US Labor Dep’t Warns

Retirement plan members should exercise caution before adding crypto to their 401(k) plan’s investment options, the US Department of Labor warned Friday. The warning comes a day after US President Joe Biden signed an executive order establishing a government-wide effort to develop policies for bitcoin and other related assets.

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Food Chain Everbowl To Let Employees Get Paid In Bitcoin

The California-based business said the move aims to provide an alternative savings vehicle for its employees.

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Get Paid in Bitcoin With NYDIG’s Bitcoin Savings Plan

The product caters to employers seeking to attract the best talent by offering payments in bitcoin.

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NYDIG Launches Bitcoin Savings Plan

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Cardano Beats Solana And Bitcoin As Most Preferred Ethereum Alternative

Cardano has emerged as the most preferred ETH alternative for transactions and savings by crypto users around the globe. This is according to a Twitter poll conducted by Vitalik Buterin on Friday asking which cryptocurrency Ethereum users would prefer if they woke up in 2035, and 80% of all transactions plus savings in the world […]

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German Savings Bank To Offer Bitcoin Trading: Report

The Sparkassen are centuries-old regional institutions with about 370 branches and 50 million customers.

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Germany's Largest Savings Bank to Give 50 Million People Exposure to Bitcoin

Germany's largest savings bank planning to allow customers to buy/sell and HODL Bitcoin

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Is safety in cryptocurrency trading a myth?

Bitcoin exploded into the public awareness in 2017, hitting a market cap of over $270 billion. Many people have been drawn to this mysterious digital currency, which means more and more stories about people losing their life savings.

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Canadian Group-Retirement Savings Company Adds Bitcoin and Ethereum to its Plan

Wealthsimple Work CEO called crypto “a new and emerging distributed store of value” with “a strong investment-appreciation thesis.” The post Canadian Group-Retirement Savings Company Adds Bitcoin and Ethereum to its Plan first appeared on BitcoinExchangeGuide.

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Bitcoin Education For Indonesia

The Indonesia Bitcoin Conference is a chance to educate Indonesians about a better savings technology.

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Lucky BTC Holder Activates Bitcoin Wallet with $17.4 Million After 8.8 Years

Bitcoin savings that were dormant for almost nine years have surged in value 4,020x, turning the owner into a whale

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As Your Other Assets Inflate, Bitcoin Can Protect Your Savings

The basic supply and demand dynamics of the bitcoin monetary network mean that it serves as a solution for ongoing monetary inflation.

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Why The $35 Trillion In United States Retirement Accounts Should Be Spent On Bitcoin

American retirement savings represent a new beachhead for bitcoin — we just need to make sure people hold their own keys.

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NYDIG to Offer Bitcoin Services to 70% of US Banks; NCR Partnership to Allow Exposure to 24M Customers

National Cash Register, founded in 1884, is also the largest provider of point of sale software to retail stores globally, with a 45% market share. In addition, NCR will allow 650 banks to offer BTC purchases due to institutions concerned about savings outflowing to crypto exchanges.

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US Senator says Bitcoin is ideal for retirement savings

Junior US Senator from Wyoming Cynthia Lummis has lauded the flagship cryptocurrency as a… The post US Senator says Bitcoin is ideal for retirement savings appeared first on Coin Journal.

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China Rehashes Bitcoin FUD Amid Pressure on CCP

The Central Bank of China (PBoC) has pressured the Commercial Bank of China, Agricultural Bank of China, Construction Bank, Postal Savings Bank, Industrial Bank and Alipay (China) Network Technology Co.,...

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Top 5 Tokens That Showed Strength During the Spring Fall

Recently, in the period from May 10 to May 23, one of the largest bitcoin corrections in history happened (~ 45%). These were 13 days of mass panic, uncertainty and fear for the integrity of the savings.

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Bitcoin Is A Savings Account With An Average Growth Of Over 100% A Year

The solution to the problem facing billions of people around the world: access to a cheap, secure and reliable savings account.

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Lesson Learned: Teacher Loses Life Savings To Elon Musk Bitcoin Scam

Bitcoin, Ethereum, Dogecoin, and other crypto assets are making headlines all across mainstream finance for making people rich left and right. But as abundant as success stories are these days, there’s also a growing number of horror stories where people end up with misfortune instead.

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Steve Wozniak’s EFFORCE (WOZX) Now Listed on Bitcoin.com Exchange and Opens Platform to the Public

PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of WOZX, being available to trade on the 21st April 2021 at 10:00AM UTC. WOZX was created by the EFFORCE team, including Apple Co-founder Steve Wozniak, as the energy savings token to allow contributors of their EFFORCE platform to benefit from the energy savings generated […]

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Man Loses Life Savings to Phony Bitcoin iOS App- Over a Million Dollars in BTC Drained

Just recently, an individual lost all of his life savings in a matter of no time after he downloaded a malicious and phony Trezor application onto his iOS smartphone from Apple’s App Store. Phillipe Christodoulou lost 17.

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New Zealand Retirement Fund Invests In Bitcoin

The KiwiSaver Growth Strategy fund, part of New Zealand’s retirement savings program, has allocated 5 percent of its money to bitcoin.

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Best Bitcoin Savings Accounts

There are several ways of earning interest on your bitcoin. Bitcoin savings accounts are the right way of making solid return on your money in a stable and low-risk environment. Bitcoin savings accounts are more or less similar to modern-day Fixed Deposit accounts one would get from commercial banks.

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How Bitcoin Can Solve A Global Economic Conundrum

If bitcoin can fulfill economic demand for savings, it will free people from the problems with government-issued safe haven assets.

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Michael Saylor Believes 1 Billion People Will Have Invested in BTC by 2026

The CEO told CNBC’s Squawk Box segment that BTC would be the savings method of choice for about one billion people on a mobile device within five years.   He added that bitcoin isn’t really for spending, but more of a savings tool where people can store value akin to a savings account.

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MicroStrategy’s Michael Saylor: Billions will choose Bitcoin for life savings

After a 24-hour low of $45,201 in the price, Bitcoin recently endured a major pullback. Amid the price dips, many shared bearish sentiments about the price of the asset. However, MicroStrategy CEO, MiThe post MicroStrategy’s Michael Saylor: Billions will choose Bitcoin for life savings appeared first on AMBCrypto.

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Bitcoin-Based Lending And Savings Platform Ledn Raises $2.7 Million

Ledn, which lets users earn interest on saved bitcoin or access bitcoin-backed loans, raised $2.7 million in a financing round. The post Bitcoin-Based Lending And Savings Platform Ledn Raises $2.7 Million appeared first on Bitcoin Magazine.

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Interview: Protecting Our Savings In Bitcoin With Indian Hodl

On this episode of "Meet The Taco Plebs," Indian Hodl shared his story of finding Bitcoin, opting out of the fiat system and what he'd like to work on in the future. The post Interview: Protecting Our Savings In Bitcoin With Indian Hodl appeared first on Bitcoin Magazine.

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ExoCrow Saving Account

ExoCrow is a digital asset platform that offers a suite of innovative products including a Secure Wallet, P2P Bitcoin Trading, Merchant Solutions, Escrow Invoices, Payment Gateways, and Savings Products with High Return.

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Saving With Bitcoin Was Never So Cool As In 2020

Through technical development, privacy initiatives, multisignature tools, a savings narrative and more, Bitcoin’s 2020 was super cool. The post Saving With Bitcoin Was Never So Cool As In 2020 appeared first on Bitcoin Magazine.

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Bitcoin And Crypto Black Friday 2020 Deals And Discounts

Today is the day after Thanksgiving in the United States, also known as Black Friday – a day when retailers everywhere offer the year’s best deals and discounts. The day is no different in the world of crypto, and those interested in Bitcoin and other altcoins can take advantage of the savings and stock up […]

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Get Off Zero - Why Bitcoin is the best savings technology ever invented

Mark Yusko is the CEO of Morgan Creek Capital. Mark is one of the most insightful investors and most articulate Bitcoin bulls on the planet. Mark’s investment thesis is that the greatest wealth is created by being an early investor in innovation.

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Earn Bitcoin With Your Phone, Bexplus App Makes Trading Easier and Profitable

Due to the ongoing lockdown, many of us get to stay home more often. While this is a good opportunity for us to relax, we can’t go to work and have to rely on our savings, which is frustrating and worrisome.

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22 Indian Bank Branches to Begin Offering Crypto Banking Services

An Indian bank is preparing to start providing crypto banking services at its physical bank branches. Customers can buy bitcoin and several other cryptocurrencies at these branches with Indian rupees, open savings accounts with crypto wallets, make loans against their cryptocurrencies, and more.

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Luno Cryptocurrency Exchange Launches Bitcoin Savings Wallet With a 4% Annual Interest Rate

Luno cryptocurrency exchange app is now offering a ‘savings wallet' that will allow its users to earn up to 4% in annual interest on BTC held. The exchange, which was recently acquired by popular blockchain investment firm, Digital Currency Group, is looking to tap into its 5 million user base by offering better rates than […] The post Luno Cryptocurrency Exchange Launches Bitcoin Savings Wallet With a 4% Annual Interest Rate first appeared on BitcoinExchangeGuide.

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Luno Exchange Launches Interest-Earning Bitcoin Wallet

Users of Luno's new bitcoin "savings wallet" can earn up to 4% interest per year, the exchange said.

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Hodlnaut Allows You to Earn Attractive Bitcoin Interest while HODL-ing

As demand for crypto yield farming increases, Singapore based Hodlnaut has added Dai and Ethereum to its portfolio of high interest-bearing crypto savings accounts.

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Four Lies About The Bitcoin Circular Economy

As savings technology is still the largely dominant story for Bitcoin, it’s helpful to take a closer look at a few lies about a topic that’s growing in popularity: the Bitcoin circular economy. The post Four Lies About The Bitcoin Circular Economy appeared first on Bitcoin Magazine.

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Bitcoin is “Far Superior Savings Tech” Says Snappa CEO, Accumulating BTC

Christopher Gimmer, the CEO of graphic design company Snappa, says the firm has been accumulating bitcoin since March. Snappa joins a handful of other companies who have realized the importance of the fixed-supply asset in an uncertain macro climate.

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