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This Week in Crypto 3-13-23

Posted on March 13th, 2023 by RockItCoin

Welcome to This Week in Crypto, where we cover the top trending headlines in the cryptocurrency industry. The world of crypto news moves fast, and we’re here to bring it to you for your weekly digest. This week, we’re looking at the impact of Silicon Valley Bank’s closure, the U.S. government moving large amounts of…Read more

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This Week in Crypto 3-6-23

Posted on March 6th, 2023 by RockItCoin

Welcome to This Week in Crypto, where we cover the top trending headlines in the cryptocurrency industry. The world of crypto news moves fast, and we’re here to bring it to you for your weekly digest. This week, we’re looking at major crypto companies leaving Silvergate Bank, a pro-crypto political campaign, and Robinhood’s new Web3…Read more

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The Top 10 Altcoins You Should Know in 2023

Posted on March 1st, 2023 by RockItCoin

With the increasing popularity of cryptocurrencies, many investors are exploring altcoins as a way to diversify their portfolios and potentially invest in unique technologies and use cases. Altcoins, which refer to any digital currencies that are not Bitcoin, offer a wide range of features and functions that could make them appealing investment options. In this…Read more

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This Week in Crypto 2-27-23

Posted on February 27th, 2023 by RockItCoin

Welcome to This Week in Crypto, where we cover the top trending headlines in the cryptocurrency industry. The world of crypto news moves fast, and we’re here to bring it to you for your weekly digest. This week, we’re looking at Spotify adopting NFTs, crypto donations to Ukraine, and scammers using ChatGPT to scam investors….Read more

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10 Crypto Terms You Must Know

Posted on February 22nd, 2023 by RockItCoin

The specialized jargon used in the cryptocurrency world can make understanding basic concepts hard for beginners. To help you get started on your cryptocurrency journey, we have compiled a list of the top 10 cryptocurrency terms that every beginner should know. From blockchain and wallets to mining and altcoins, these terms are essential for understanding…Read more

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This Week in Crypto 2-21-23

Posted on February 21st, 2023 by RockItCoin

Welcome to This Week in Crypto, where we cover the top trending headlines in the cryptocurrency industry. The world of crypto news moves fast, and we’re here to bring it to you for your weekly digest. This week, we’re looking at Japan and Russia’s plans for CBDCs, the SEC charging Terraform Labs, and Elon Musk’s…Read more

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Decentralized Social Networks: The Future of Friendship?

Posted on February 15th, 2023 by RockItCoin

As cryptocurrency and other decentralized applications emerge, people have come to wonder what other centralized aspects of our lives can be decentralized. Decentralized social networks are revolutionizing the way we think about online communities and social media. Gone are the days of relying on private tech companies to store our data and moderate content. In…Read more

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This Week in Crypto 2-13-23

Posted on February 13th, 2023 by RockItCoin

Welcome to This Week in Crypto, where we cover the top trending headlines in the cryptocurrency industry. The world of crypto news moves fast, and we’re here to bring it to you for your weekly digest. This week, we’re looking at Lebron James NFTs selling for thousands, the crypto industry’s donations to Turkey relief, and…Read more

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Crypto Scams to Watch out for (and Tips to Avoid Them)

Posted on February 8th, 2023 by RockItCoin

Are you interested in investing in cryptocurrency, but worried about falling victim to scams? With the rise of cryptocurrencies, it’s becoming increasingly important to be aware of the most common types of scams. From phishing scams to rug pulls, there are many potential pitfalls to watch out for. In this week’s blog, we’ll cover the…Read more

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This Week in Crypto 2/6/23

Posted on February 6th, 2023 by RockItCoin

Welcome to This Week in Crypto, where we cover the top trending headlines in the cryptocurrency industry. The world of crypto news moves fast, and we’re here to bring it to you for your weekly digest. This week, we’re looking at the launch of a decentralized social network, the most crypto-ready city, and FTX’s continued…Read more

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How Secure is Bitcoin?

Posted on February 1st, 2023 by RockItCoin

Ever since its inception, Bitcoin has had user security and privacy in mind. However, despite its reputation for being secure, the security, traceability, and hack resistance of Bitcoin have been topics of debate and concern among users and experts alike. SecurityBitcoin transactions are secured through cryptography, which makes it nearly impossible to alter or interfere…Read more

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This Week in Crypto 1-30-23

Posted on February 1st, 2023 by RockItCoin

Welcome to This Week in Crypto, where we cover the top trending headlines in the cryptocurrency industry. The world of crypto news moves fast, and we’re here to bring it to you for your weekly digest. Enjoy this week’s top stories! Coinbase Fined $3.6 Million by Dutch National BankGlobal cryptocurrency exchange Coinbase is being fined…Read more

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Crypto 101: Bitcoin vs Bitcoin Cash

Posted on February 1st, 2023 by RockItCoin

Bitcoin and Bitcoin Cash are two completely different cryptocurrencies that are commonly mistaken for each other by those new to the cryptocurrency space. After all, if you’re buying both with cash, what’s the difference? What you might not know is that there’s a story behind the two cryptos, and why the Bitcoin/Bitcoin Cash fork came…Read more

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This Week in Crypto 1-23-23

Posted on February 1st, 2023 by RockItCoin

Welcome to This Week in Crypto, where we cover the top trending headlines in the cryptocurrency industry. The world of crypto news moves fast, and we’re here to bring it to you for your weekly digest. Enjoy this week’s top stories! Over 101 Million NFT Sales Occurred in 2022, According to ReportBlockchain and decentralized application…Read more

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Top 5 Crypto Trends to Watch in 2023

Posted on February 1st, 2023 by RockItCoin

2022 was quite a rough year for the cryptocurrency industry, but a lot of good came out of it as well. 2023 has the potential to be one of the best years yet for the crypto industry, as businesses get their chance to shine in an industry that experienced a lot of negative coverage last…Read more

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This Week in Crypto 1/16/23

Posted on February 1st, 2023 by RockItCoin

Welcome to This Week in Crypto, where we cover the top trending headlines in the cryptocurrency industry. The world of crypto news moves fast, and we’re here to bring it to you for your weekly digest. Enjoy this week’s top stories! Amazon Web Services Partners with Avalanche to Integrate Blockchain into Cloud ComputingAmazon’s cloud computing…Read more

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What are Stablecoins, and How Do They Work?

Posted on January 11th, 2023 by RockItCoin

Stablecoins are incredibly popular in the world of crypto, but many beginners may not understand their purpose. After all, what’s the allure of a cryptocurrency that doesn’t change in price? And how exactly does it maintain a price of exactly $1, especially with global economic upset? In today’s blog, we’re going to cover the interesting…Read more

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This Week in Crypto 1/9/2023

Posted on January 9th, 2023 by RockItCoin

Welcome to This Week in Crypto, where we cover the top trending headlines in the cryptocurrency industry. The world of crypto news moves fast, and we’re here to bring it to you for your weekly digest. Enjoy this week’s top stories! Sam Bankman-Fried Pleads Not Guilty to ChargesFormer CEO of FTX Sam Bankman-Fried has decided…Read more

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How Do Ethereum Gas Fees Work?

Posted on January 4th, 2023 by RockItCoin

One of the most common questions from people that are new to the crypto space is how Ethereum gas fees work. Bitcoin is fairly easy to understand with it being a first generation blockchain, but Ethereum can be confusing to those new to the cryptocurrency. Let’s cover what makes Ethereum different from other cryptocurrencies, and…Read more

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This Week in Crypto 1/3/23

Posted on January 3rd, 2023 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. New Bitcoin Charity Event to Benefit ALS AssociationThe crypto community is getting a chance to participate in a charitable event…Read more

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Everything You Need to Know About Dogecoin

Posted on December 28th, 2022 by RockItCoin

If you’ve kept up with the crypto space at all in the last two years, you’ve definitely heard of Dogecoin (DOGE). The iconic Shiba Inu inspired cryptocurrency has gained a reputation as the leader of “memecoins”. However, it wasn’t always so well-known. Let’s take a look at the story of Dogecoin and its origins as…Read more

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This Week in Crypto 12/27/22

Posted on December 27th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Brazil Signs New Crypto Bill into LawBrazilian President Jair Bolsonaro signed bill 14.478 into law last week, establishing a regulatory…Read more

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Why Buy Cryptocurrency At A Bitcoin ATM?

Posted on December 20th, 2022 by RockItCoin

Buying and selling cryptocurrency is easier than ever with the option to carry out transactions in person. RockItCoin has thousands of bitcoin ATMs in operation across the United States, and the chances are very likely that you can find one in your neighborhood.  Cryptocurrency ATMs have become increasingly popular in recent years, offering users the…Read more

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This Week in Crypto 12/19/22

Posted on December 19th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Millennial Men Most Likely to Get Involved with Crypto, According to ReportBanking giant JP Morgan analyzed over 5 million of…Read more

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5 Lessons the Crypto Community Learned in 2022

Posted on December 14th, 2022 by RockItCoin

As 2022 comes to an end, we want to reflect on the lessons that members of the crypto community learned from an especially turbulent year. From all-time highs and lows to multiple major bankruptcies, there’s a lot to glean from the most notable happenings of 2022. Read through these five lessons and take them with…Read more

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This Week in Crypto 12/12/22

Posted on December 12th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Sam Bankman-Fried to Testify Before CongressFormer FTX CEO Sam Bankman-Fried (SBF) can’t seem to stay out of the news these…Read more

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Is the Metaverse the Future of Blockchain Technology?

Posted on December 7th, 2022 by RockItCoin

Ever since Mark Zuckerberg announced that Facebook was changing its name to Meta, the topic of “the metaverse” has been a bit of a mystery. Is it just another name for virtual reality? What role does cryptocurrency play? Today, we’re going to dive into what the metaverse actually means, and what it can do in…Read more

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This Week in Crypto 12/5/22

Posted on December 5th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Data Shows Almost 78% of All Bitcoin in Non-Custodial WalletsData from blockchain analytics firm Glassnode shows that around 15 million…Read more

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This Week in Crypto 11/28/22

Posted on November 28th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Number of Bitcoin Wallet Addresses With at Least 1 BTC Nears 1 MillionThe number of Bitcoin wallet addresses holding at…Read more

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This Week in Crypto 11/21/22

Posted on November 21st, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Nike Announces new NFT Marketplace .SwooshAthletic apparel giant Nike announced the creation of .Swoosh, its web3-enabled community and experience platform….Read more

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FTX: What Happened and What it Means for Crypto

Posted on November 16th, 2022 by RockItCoin

Last week marked a historic moment in the cryptocurrency industry with centralized exchange giant FTX going bankrupt in a matter of days. It’s triggered yet another major drop in crypto prices, with Bitcoin around $16K and Ethereum at $1.2K, and people are testing other exchanges to see if they’ll go bankrupt as well. While the…Read more

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This Week in Crypto 11/14/22

Posted on November 14th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Crypto Exchange FTX Collapses, Files for BankruptcyCryptocurrency exchange FTX and its celebrity CEO Sam Bankman-Fried (SBF) are in hot water….Read more

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Top 7 Mistakes That Crypto Beginners Make

Posted on November 9th, 2022 by RockItCoin

At RockItCoin, we’re all about making sure our customers are educated and knowledgeable so that they are safe. Cryptocurrency is an industry where it’s especially important to know your stuff before making purchases, and it’s easy to make mistakes. If you’re just getting started in the crazy world of crypto, this article is for you!…Read more

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This Week in Crypto 11/7/22

Posted on November 7th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Musk Orders Twitter Layoffs, DOGE Price ReactsTwitter CEO Elon Musk is rumored to order the layoff of about 50% of…Read more

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Understand the Enhanced Security Of Your RockItCoin Profile Account

Posted on November 3rd, 2022 by RockItCoin

When creating an account under any banking system, understanding the security of your financial assets is a major factor. If you are curious about crypto, or a seasoned cryptocurrency user, then the enhanced security of your transactions is likely a key motivator in deciding how you want to buy, sell, trade, and invest your digital…Read more

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The Three Generations of Blockchain, Explained

Posted on November 2nd, 2022 by RockItCoin

“Blockchain” is a term thrown around a lot in the crypto space, and you might not even fully understand what it is. It’s commonly used along with the explanation of how Bitcoin works, but did you know there were different generations of blockchain technology? Throughout the years of cryptocurrency development, there have been three distinct…Read more

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Complete Guide To Cash Out Bitcoin At A RockItCoin ATM

Posted on November 1st, 2022 by RockItCoin

Selling Bitcoin at a RockItCoin Bitcoin ATM is easy! If you are ready to sell your crypto assets, cashing out at an ATM is accessible and quick. Every transaction at a RockItCoin ATM is cash based, and learning how to retrieve cash from a RockItCoin ATM is simple. To sell your cryptocurrency at an ATM,…Read more

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This Week in Crypto 10/31/22

Posted on October 31st, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. NFT Marketplace MyNFT to Debut NFT Vending Machine in LondonNonfungible token marketplace MyNFT is unveiling a physical NFT purchasing experience…Read more

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This Week in Crypto – 10/24/22

Posted on October 24th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Bitcoin & NFTs Appear for First Time in 2023 Guinness World RecordsCrypto received some long-awaited recognition in the 2023 edition…Read more

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This Week in Crypto – 10/17/22

Posted on October 17th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Microsoft and Meta Partner to Integrate Office 365 apps into the MetaverseMicrosoft is partnering with Meta to bring Office 365…Read more

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This Week in Crypto – 10/10/22

Posted on October 10th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Mt. Gox Opens Registration to Return Lost BitcoinFormer Bitcoin exchange Mt. Gox has released guidelines for past customers to access…Read more

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How To Buy Bitcoin

Posted on October 6th, 2022 by RockItCoin

Purchasing bitcoin and cryptocurrency is easy. Buyers have lots of options when it comes to the type of cryptocurrency they can own. As you consider the types of crypto you want to buy, you should also know that there are plenty of options for payment methods. As crypto becomes more mainstream, your options for buying…Read more

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Satoshi Nakamoto, The Mysterious Creator of Bitcoin

Posted on October 5th, 2022 by RockItCoin

Possibly one of the most intriguing things about Bitcoin is the story of its creation. In the center of it lies one of the biggest mysteries – who created it? No one knows for sure, but there are many theories about who it may be. Let’s dive into the story of the creation of Bitcoin…Read more

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How To Sell Bitcoin At An ATM

Posted on October 4th, 2022 by RockItCoin

As cryptocurrencies gain popularity and their values increase, people are looking for ways to cash out on their digital assets. If you want to buy or sell cryptocurrencies, you should know that bitcoin transactions occur on crypto exchange platforms where buyers and sellers can find each other. You will use an exchange platform to transfer…Read more

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This Week in Crypto – 10/3/22

Posted on October 3rd, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Warner Music Group Partners with OpenSea to Launch Drops FeatureWMG and OpenSea are partnering to allow select artists to build…Read more

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Best Mobile Wallet Types For Bitcoin ATMs

Posted on September 29th, 2022 by RockItCoin

A digital wallet is used to store your public and private keys. Public keys are used as wallet addresses so buyers and senders can send coins to personal destinations, ensuring your assets go where they need to go. Private keys are used to access funds and initiate transactions. Your money is secure so long as…Read more

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What is the Bitcoin Halving Cycle? – Crypto 101

Posted on September 28th, 2022 by RockItCoin

One of the most unique aspects of Bitcoin is the halving cycle. You may not know what the halving cycle is, but it’s a very interesting characteristic that can have an effect on Bitcoin’s price. Let’s cover what really makes Bitcoin deflationary, and why some people are rushing to buy as much Bitcoin as possible!…Read more

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This Week in Crypto – 9/26/22

Posted on September 26th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Members of NFT Community Upset by Apple’s 30% Commission on NFT SalesTech giant Apple is looking to treat NFT sales…Read more

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What Does the Future of US Crypto Regulation Look Like?

Posted on September 21st, 2022 by RockItCoin

Last Friday, the Biden Administration announced a new framework outlining its long-term plans for cryptocurrency regulation. The new framework comes after Biden’s executive order from March, in which he urged several government agencies to examine cryptocurrencies more closely in order to ensure their responsible and secure development. So what’s exactly in store for the future…Read more

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This Week in Crypto – 9/19/22

Posted on September 19th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Ethereum Successfully Merges to Become Proof-of-StakeThe Merge was a success! The long-awaited network update occurred on September 15th at 6:42…Read more

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This Week in Crypto – 9/12/22

Posted on September 12th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Members of Crypto Community Call Out Twitter on Spam BotsThe crypto space on twitter is a fast-moving, ever-growing community of…Read more

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This Week in Crypto – 9/6/22

Posted on September 6th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Data Shows 62% of Bitcoin Wallets Have Not Sold for at Least a YearData from trading analysis platform TipRanks indicates…Read more

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The Ethereum Merge, and What it Means for Crypto

Posted on August 31st, 2022 by RockItCoin

One of the biggest headlines in crypto news as of late is “The Merge” – Ethereum’s shift from proof-of-work to proof-of-stake. Now that Ethereum developers have confirmed that the long-awaited update will take place between September 10th and 20th, let’s cover what the update means for the #2 cryptocurrency! How The Merge WorksEthereum currently operates…Read more

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This Week in Crypto – 8/29/22

Posted on August 29th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. The Ethereum Foundation Confirms Date of “The Merge”The Ethereum foundation and developers have confirmed that the long-awaited proof-of-stake update called…Read more

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Crypto 101 – Hot and Cold Wallets

Posted on August 24th, 2022 by RockItCoin

If you’re just getting into the world of crypto, there’s a good chance you’ve heard about cryptocurrency wallets. There are many different offerings from many different companies, but what’s the best for you? Let’s go over the two main types of cryptocurrency wallets: Hot Wallets and Cold Wallets. Wallet Basics: How Does a Wallet Work?Every…Read more

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This Week in Crypto – 8/22/22

Posted on August 22nd, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Bitcoin Reaches 1 Billion Unique Wallet AddressesThe Bitcoin network now has over 1 billion unique wallet addresses, even with the…Read more

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How Clean is Cryptocurrency?

Posted on August 17th, 2022 by RockItCoin

One of the main criticisms of cryptocurrencies (especially Bitcoin) is the amount of energy they use, and whether the energy is produced by fossil fuels or clean energy sources like wind, solar, etc. However, the problem may not be as bad as people make it out to be. A research study by CoinShares found that…Read more

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This Week in Crypto – 8/15/22

Posted on August 15th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. 76% of Businesses Expect to Use Crypto in the Next Three Years, According to ReportIn crypto adoption news, crypto payment…Read more

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How Crypto Became Centralized, and What RockItCoin Does Different

Posted on August 10th, 2022 by RockItCoin

Many cryptos like Bitcoin originated from the idea of decentralization, or giving the ownership of currency completely to the people and moving away from a central bank as the monetary authority. However, as crypto has grown in popularity over the years, centralized exchanges began growing as a popular choice to buy and sell cryptocurrencies. These…Read more

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This Week in Crypto – 8/8/22

Posted on August 8th, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Bitcoin Miners Continue to Increase Holdings Through Crypto Bear MarketBitcoin miners continue to increase their holdings throughout the crypto winter,…Read more

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This Week In Crypto – 8/1/22

Posted on August 1st, 2022 by RockItCoin

In RockItCoin’s effort to empower individuals in the cryptocurrency space, we have extracted top industry stories for your Weekly Digest. Cryptocurrency continues to dominate the news and here are some key happenings you should know. Crypto ATM Market Value to Hit $472 Million by 2027, According to New Report A new report from Research and…Read more

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Are You A Crypto Starter: 10 Crypto Terms You Must Know

Posted on July 24th, 2022 by RockItCoin

If you are a crypto starter, you are probably wondering how investing, trading, staking and lending, and mining cryptocurrency can make you money. To get started, it is best to understand the basics of cryptocurrency. It is easy to be intimidated as a new crypto user, but nailing down these crypto key terms is a…Read more

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RockItCoin Crypto Literacy Services: A Beginner’s Guide

Posted on July 21st, 2022 by RockItCoin

If you are new to crypto buying, trading, and investing, but unsure where to start as a beginner, you are not alone.  Here is a breakdown of all of the things you need to know as a crypto beginner: How Does Cryptocurrency Work?  Most currencies operate through centralized finance systems that require users to work…Read more

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RockItCoin Crypto Literacy Services: Beyond The Basics

Posted on July 19th, 2022 by RockItCoin

Beyond the Basics Of Cryptocurrency Security Blockchains function to encrypt transactional data through cryptographic verification called mining. To dive deeper into the security of encrypted digital assets, here is a breakdown of how public keys and private keys work. How Do Public and Private Keys Work To Encrypt Blockchains?  Private keys are used as a…Read more

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Key 2022 Crypto Trends That You Should Be Aware Of

Posted on July 18th, 2022 by RockItCoin

As cryptocurrency evolves year after year with growing interest and popularity, trends in its accessibility, user demographics, and investment opportunities are worth discussing.  Here are some crypto trends forecasted to take place in 2022.  Crypto May Become More Acceptable As A Method of Payment While Bitcoin is an accepted form of payment for some businesses,…Read more

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A Dummy’s Guide To Using A Bitcoin ATM in 2022

Posted on July 16th, 2022 by RockItCoin

Buying and selling bitcoin with a bitcoin ATM (also known as a BTM) is a safe and convenient process. You should know that whether you are buying or selling bitcoin in exchange for cash, setting up a crypto wallet will be the first step when using a BTM. A crypto wallet holds your crypto addresses…Read more

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Does Bitcoin Relate to the United States’ Inflation Problem?

Posted on July 15th, 2022 by RockItCoin

It seems the topic of inflation has become an everyday discussion in the news, with warnings of doom and gloom for the U.S. economy. Many have turned their attention toward Bitcoin, as it is designed to protect against inflation. Bitcoin’s volatile reaction to the sharp increase in inflation over the last year was quite a…Read more

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“Not Your Keys, Not Your Coins” and how RockItCoin champions customer privacy

Posted on June 24th, 2022 by RockItCoin

Over the last month, the cryptocurrency market has fallen a substantial amount – even enough to scare some large exchanges into pausing transactions or closing altogether. One of the largest crypto lenders, Celsius, said Monday that they were pausing all withdrawals and transfers from their platform. In addition, crypto futures lender CoinFlex announced yesterday that…Read more

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NFTs in Gaming & Play-to-Earn Crypto

Posted on May 9th, 2022 by Ben Phillips

In 2021, Non-Fungible Tokens (NFTs) exploded, creating a $40 billion market seemingly out of thin air. Most of these were pieces of digital art, which, thanks to NFT technology, could be owned for the first time. But NFTs have also been used for practical applications, serving as event tickets as well as vaccine passports, and…Read more

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“Double Your Bitcoin in 24 Hours” – How to Avoid Such Scams

Posted on March 16th, 2022 by Ben Phillips

The only safe way to double your Bitcoin in 24 hours is to purchase more coins. If an investment opportunity sounds too good to be true, it’s probably a scam. And sadly, the popularity of Bitcoin scams continues to grow with the popularity of the coin itself. Thanks in part to “double your bitcoin” scams,…Read more

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Understanding the Crypto Fear and Greed Index

Posted on March 9th, 2022 by Ben Phillips

“Be fearful when others are greedy and greedy when others are fearful.” Those famous words from Warren Buffet, who is widely considered to be one of the most successful investors of all time, form the basis of the Crypto Fear and Greed Index. The concept is a simple evolution of the basic principles of supply…Read more

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Bitcoin Miners, Gold Miners, or Banks: Who Uses More Energy?

Posted on February 1st, 2022 by Ben Phillips

Cryptocurrencies in general, and Bitcoin specifically, come under constant fire for the energy they use and their environmental impact. And while, yes, Bitcoin mining does require a large amount of energy, is it really worse for the environment than mining for precious metals or powering both retail and commercial banking locations around the world? Hass…Read more

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Could Bitcoin Make War Obsolete?

Posted on December 23rd, 2021 by Ben Phillips

Hillary Clinton recently framed cryptocurrencies as a national security threat. She argued that nation-states, independent actors, or both could use crypto as a means of “destabilizing countries, destabilizing the dollar as the reserve currency.” But how would that work exactly? To answer that question, let’s turn for a moment to talk about Jason Lowery, a…Read more

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Ripple vs SEC: A Brief Explanation of the SEC Ripple Lawsuit

Posted on December 1st, 2021 by Ben Phillips

In December of 2020, the United States Securities and Exchange Commission (SEC) filed an action against Ripple Labs Inc. and its former and current CEOs. The lawsuit basically boils down to whether or not XRP is a security. Ripple argues that XRP, which they created, is a (crypto) currency rather than a security. If the…Read more

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The Road to ETH 2.0: The Altair Upgrade

Posted on November 18th, 2021 by Ben Phillips

Ethereum, the second-biggest cryptocurrency, is in the midst of a massive upgrade to Ethereum 2.0, which promises to improve the network’s speed, scalability, and efficiency. For an overview of these changes, check out our previous blogs, What Is Ethereum 2.0 and Ethereum’s London Hard Fork. The end goal is to transform Ethereum from a proof…Read more

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Meme Coins: The Slot Machines of the Crypto Casino

Posted on November 2nd, 2021 by Ben Phillips

2021 may come to be known as the year of the meme coins. From January 2021 to May, Dogecoin (DOGE) went from being worth slightly less than a penny to almost 75¢, a gain of more than 7,000%. Not to be outdone, Shibu Inu (SHIB) rocketed nearly 70,000% from April 2021 to October. Since percentages…Read more

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Use Bitcoin to Pay Your Mortgage

Posted on September 14th, 2021 by Ben Phillips

On an earnings call last month, United Wholesale Mortgage announced its intention to accept cryptocurrency as payment for home loans. With sights set on a Q3 release, homeowners around the country could begin making mortgage payments with crypto this month. You can already purchase real estate with Bitcoin, but UWM stands to be the first…Read more

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Crypto Zoology: Saving Lives with DOGE

Posted on August 27th, 2021 by Ben Phillips

Cryptocurrency has changed countless lives around the globe and here in Chicago, it’s about to start saving lives. This week, PAWS Chicago began accepting cryptocurrency donations, or ‘dogenations’ as they like to call them. Through their website, you can now donate Bitcoin, Ethereum, Doge to provide medical care to homeless pets and pets from families…Read more

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El Salvador Makes Bitcoin an Official Currency

Posted on July 22nd, 2021 by Ben Phillips

In 2001, El Salvador replaced their local currency, the colón, with the US Dollar (USD). Last week, its Congress voted to become the first country in the world to recognize Bitcoin (BTC) as legal tender. This historic new law passed with 62 out of 84 votes, demonstrating its popularity among El Salvadorian lawmakers. As a…Read more

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What Is Ethereum 2.0? When Will Ethereum 2.0 Launch?

Posted on July 16th, 2021 by Ben Phillips

Ethereum 2.0 is an upgrade to the Ethereum blockchain network, the native cryptocurrency of which is Ether (ETH). The upgrade promises to be more scalable, more secure, and more sustainable than the original. Before we dive in any further, let’s quickly discuss Ethereum itself. What Is Ethereum? Many people think of Ethereum as the cryptocurrency…Read more

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Not Your Keys, Not Your Coins: Who Owns Your Bitcoin?

Posted on May 29th, 2021 by Ben Phillips

There are more places to “buy” cryptocurrencies popping up every day. Unfortunately, a number of these crypto exchanges aren’t actually selling crypto assets. Some, like Venmo, let you spend your coins with a handful of preapproved merchants. Others, like Robinhood, never let you spend or even transfer your coins. These kinds of exchanges force you…Read more

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What Is An NFT? What Are Non-Fungible Tokens?

Posted on May 4th, 2021 by Ben Phillips

Non-fungible tokens, or NFTs, are unique, digital goods. In contrast, fungible assets, like cash, are assets that are interchangeable. Every $20 bill of the same currency is virtually identical. It doesn’t matter which $20 bill you have, because they all hold the same value. Non-fungible assets, like an original piece of art, are one-of-a-kind. There…Read more

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What Is Bitcoin? A Beginners Guide To Bitcoin

Posted on May 4th, 2021 by Ben Phillips

Bitcoin is the first successful cryptocurrency. Like any currency, cryptocurrencies can be used to buy or sell goods and services. Unlike fiat currencies, like the US dollar (USD) and the euro (EUR), the Bitcoin network is both decentralized and digital. But what does that mean exactly? Digital Currency Let’s start with the digital part. Digital…Read more

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Feeding Texas with a $10,000 Donation

Posted on March 5th, 2021 by Ben Phillips

The winter storm that hit Texas last month brought freezing temperatures and record snowfall to the state. As a result, more than 4.5 million homes and businesses lost power, some for several days or longer. Together, these harsh conditions led to food shortages across the state. Feeding Texas, the largest hunger-relief organization in Texas, was…Read more

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Bitcoin vs. Bitcoin Cash

Posted on January 16th, 2020 by Ben Phillips

As more and more cryptocurrencies hit the market, you may feel confused about the differences and similarities between all of them. Specifically, while you’re looking to buy Bitcoin in Austin, you may notice that Bitcoin Cash is another option around town. But what’s the difference between the two? OOur team at RockItCoin takes pride in…Read more

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Trading Over the Counter

Posted on December 21st, 2018 by Ben Phillips

Thanks to our RockItCoin over-the-counter trading services, it has never been easier to buy or sell a large amount of cryptocurrency at one time through a single point of contact. Our over-the-counter services were designed with an emphasis on ease of use for our consumers, high-touch relationships with our professionals, and fast, reliable services. Not…Read more

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What Cryptocurrency Is & Isn’t

Posted on December 21st, 2018 by Ben Phillips

Cryptocurrency as a whole is an industry that we continue to learn about. As providers of Bitcoin in Miami and beyond, we thought it would be useful to explain what exactly cryptocurrencies like Bitcoin, Litecoin, Ethereum and Bitcoin Cash are versus what they are not. This is also a great way to understand the exact…Read more

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Bitcoin for Beginners

Posted on November 19th, 2018 by Ben Phillips

If you’re tired of being left out of the Bitcoin conversation that all of your friends are having, listen up! Buying Bitcoin in Atlanta or anywhere else in the country is easy thanks to our RockItCoin Bitcoin ATMs. Before you head to your nearest machine, read the basics about Bitcoin to help you get started….Read more

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Avoiding Crypto Hacks

Posted on October 18th, 2018 by Ben Phillips

The internet is full of scammers and hackers, and cryptocurrency investments are no different. However, as opposed to other purchases and transactions that take place on the internet, once you have purchased Bitcoin, the transaction cannot be reversed. The network is decentralized, so it does not have a method to determine what transactions are made…Read more

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Buy Litecoin in October for the Chance to Win!

Posted on October 2nd, 2018 by Ben Phillips

You likely associate our machines with buying and selling Bitcoin, but did you also know that you can now buy Litecoin at our machines as well? Like Bitcoin, Litecoin is a peer-to-peer cryptocurrency that is not managed by a single authority. You can think of Litecoin and Bitcoin in similar terms. Litecoin has the ability…Read more

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How to Find a Location Near You

Posted on September 26th, 2018 by Ben Phillips

Bitcoin and other cryptocurrencies continue to grow in popularity throughout the world. This digital currency is not controlled by a single entity, rather, people control and produce Bitcoin on their own. Getting involved in Bitcoin is an exciting way to become a part of the growing Bitcoin and cryptocurrency community. Thanks to RockItCoin, buying Bitcoin…Read more

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The Best Way to Contact Us

Posted on September 26th, 2018 by Ben Phillips

At RockItCoin, we take pride in the fact that we are available to help you at all times. We’ve all been there; we are trying to buy Bitcoin in Los Angeles or another city only to run into an unexpected error that makes the process much harder. Thankfully, our team is always available to answer…Read more

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The Main Differences Between Bitcoin and Ethereum

Posted on August 5th, 2018 by Ben Phillips

Ethereum and Bitcoin ATM locations in Atlanta and beyond continue to increase in popularity. They are two of the most popular cryptocurrencies that the market has to offer and they both utilize the blockchain technology. However, there are many differences between them that can be difficult to understand if you aren’t knowledgeable about the subject….Read more

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3 Common Bitcoin Scams

Posted on July 30th, 2018 by Ben Phillips

Bitcoin, while an explored territory for some, is usually associated with many questions from those who don’t have as much knowledge or experience. No matter how knowledgeable you are about buying Bitcoin in Miami and beyond, it is possible to fall victim to some well-designed Bitcoin scams. In order to reduce your risk, it is…Read more

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Introducing Our RockItCoin OTC Site!

Posted on July 30th, 2018 by Ben Phillips

Our machines that make it possible to buy Bitcoin in Hollywood and beyond have revolutionized the way that the public buys cryptocurrencies. Simply approach our machine and get started! But did you know that we also have an over-the-counter service that makes it easy for those who want to trade $10,000 or more? Our new…Read more

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Setting Up Your Digital Wallet

Posted on June 21st, 2018 by Ben Phillips

When you invest in a cryptocurrency, your next thought is likely “where am I going to safely store this?” With hard forms of cash, you likely store them in a wallet to keep your money organized, protected and in one place. Similarly, you’ll want to be able to properly store your cryptocurrency once you use…Read more

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Ethereum FAQs

Posted on June 21st, 2018 by Ben Phillips

By now, we’re likely all familiar with the cryptocurrency Bitcoin. But as other cryptocurrencies begin to gain traction, what do we need to know about them? Whether you’ve considered buying Ethereum in Miami or simply have not heard of this cryptocurrency, here are some frequently asked questions about Ethereum so you feel confident investing in…Read more

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What to Know About Cryptocurrency Scammers

Posted on May 17th, 2018 by Ben Phillips

Unfortunately, there is an inherent risk every time money, including in the world of cryptocurrencies, leaves your account. As cryptocurrencies are not protected by the Federal Deposit Insurance Corporation (FDIC) and there are tons of people investing money, it’s a tempting market to hack. If you’ve invested money into a cryptocurrency in Pittsburgh, or you…Read more

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Blockchain: Not Just for Cryptocurrencies

Posted on May 17th, 2018 by Ben Phillips

When you think of blockchain technology, cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin and Ethereum likely come to mind. Technically speaking, blockchain is an encrypted database of agreements, meaning neither party can go back on the agreement once it’s been made. Transparency and incorruptibility are two major pulls for this technology. While it’s a great…Read more

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What is Blockchain Technology?

Posted on April 25th, 2018 by Ben Phillips

If you’re familiar with the wide arrange of available cryptocurrencies, it’s likely you’ve heard of blockchain technology. Over the years, it has evolved into the backbone of not only a new internet but also one of the most cutting-edge technologies in the world: cryptocurrencies. It is now easy to buy cryptocurrencies everywhere, such as by…Read more

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How Can You Spend Your Bitcoin?

Posted on April 17th, 2018 by Ben Phillips

Buying Bitcoin in Los Angeles is easy thanks to our RockItCoin ATMs. But now that you’ve bought it, what can you do with it? It can be confusing what you can and cannot buy. Did you know that over 100,000 merchants worldwide accept Bitcoin as a feasible currency? This blog post is a good starting…Read more

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Which Cryptocurrency is Right for You?

Posted on March 23rd, 2018 by Ben Phillips

Delving into the world of cryptocurrencies can be a bit intimidating if you’ve never done so before. Until late 2016, Bitcoin was the cryptocurrency of choice, making it a no-brainer when it comes to investing. But now, you may find yourself wanting to buy Ethereum in Los Angeles or another cryptocurrency like Litecoin or Bitcoin…Read more

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Don’t Let These Bitcoin Misperceptions Fool You

Posted on March 9th, 2018 by Ben Phillips

When it comes to buying Bitcoin in Los Angeles, there are plenty of misconceptions. While we’ve already addressed this on our blog, more and more Bitcoin myths are appearing as time goes on. Whether you’ve invested in a lot of Bitcoin or you’re just breaking into the market, there’s always a lot to learn about…Read more

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Ethereum 101

Posted on February 22nd, 2018 by Ben Phillips

You may have heard of Ethereum, a distributed public blockchain network. But on the off chance that you have no idea what we’re talking about, let us break it down for you. If you’re looking to buy Ethereum in Miami or beyond, RockItCoin can be of service. Although Ethereum is related to Bitcoin, the two…Read more

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Reasons for Ethereum’s Growth

Posted on February 12th, 2018 by Ben Phillips

If 2017 was dubbed the year of Bitcoin, 2018 is on track to be the year of Ethereum. It’s quickly breaking into the market of cryptocurrencies and many investors view it as a smart long-term investment. Even in the calendar year of 2017 alone, Ethereum grew by 3600 percent. While Ethereum still has a long…Read more

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3 Reasons Why People Are Buying Bitcoin In 2018

Posted on January 18th, 2018 by Ben Phillips

2018 is here, and people are eager to buy Bitcoin in Miami. 2017 was one of Bitcoins best years yet. Bitcoin has beaten all the other asset classes by a huge margin. Bitcoins are opening up a space that will create a revolution like computers did in the 1970’s. If you are new to Bitcoin…Read more

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Bitcoin Myths Debunked

Posted on January 2nd, 2018 by Ben Phillips

Bitcoin has become a hot topic in 2018. The amazing price of Bitcoin in 2017 led everyone to have something to say about cryptocurrency and blockchain. Of course, this leads to plenty of skeptics and myths surrounding Bitcoin. Skeptics want everyone around to think Bitcoin is a fraud and there is no value in it…Read more

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3 Ways Litecoin Is Different

Posted on December 28th, 2017 by RockItCoin

Did you know you can buy Litecoin at a RockItCoin Bitcoin ATM? Litecoin is an alternative cryptocurrency to Bitcoin that was created by Charlie Lee in 2011. It is the number 5 cryptocurrency by market cap and the third-oldest cryptocurrency that still exists. Like Bitcoin, Litecoin operates on a blockchain. Charlie Lee has said that…Read more

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Beginners Guide To Litecoin

Posted on December 12th, 2017 by RockItCoin

In 2009, Satoshi Nakamoto launched Bitcoin as the world’s very first cryptocurrency. The code is open source, which means that it can be modified by anyone and freely used for other projects. Following Bitcoin, many other cryptocurrencies have launched with modified versions of this code. Litecoin was announced in 2011 by Charlie Lee with the…Read more

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Bitcoin Holiday Shopping Ideas

Posted on November 27th, 2017 by RockItCoin

The holidays are quickly approaching! Have you started your shopping yet? Many of us who use Bitcoin daily notice that it has been becoming increasingly easier to pay for goods and services with it, because of the rise in merchant acceptance. Those who do not regularly pay for goods and services with Bitcoin have the…Read more

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Getting Started With Bitcoin

Posted on October 25th, 2017 by RockItCoin

Are you getting started with Bitcoin? Whether you have read up on Bitcoin or have zero Bitcoin knowledge, your RockItCoin team is here to guide you every step of the way. Our team wants to make buying Bitcoin easy and accessible to residents of Southern Florida. Below are our recommended steps for how to get…Read more

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How To Keep Your Bitcoin Safe

Posted on October 20th, 2017 by RockItCoin

Just like in real life, your wallet must be secured. You wouldn’t walk around with your entire life savings in cash in your pocket – would you? Fortunately, there are several ways to safely store your wallet. After you have visited one of our Bitcoin ATM locations in Atlanta, choose one of the wallet options…Read more

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Things You Didn’t Know You Could Buy With Bitcoin

Posted on September 15th, 2017 by RockItCoin

Did you just visit our Atlanta Bitcoin ATM? Are you wondering what to do next? You might be surprised by the different items you can buy with Bitcoin. Bitcoin is not just for digital goods and services. Check out this list of 5 surprising things you can buy with Bitcoin. Travel – The Hotel chain…Read more

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Back Up Your Bitcoin Paper Wallet

Posted on September 1st, 2017 by Ben Phillips

Have you backed up your Bitcoin paper wallet? If you are unsure, the answer is likely no. A paper wallet is one that is created offline. When a wallet is offline there is NO digital backup. If you happen to lose your paper wallet you lose your Bitcoin. Think of a paper wallet like cash….Read more

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Sell Bitcoin Chicago

Posted on August 18th, 2017 by RockItCoin

Unfortunately, selling Bitcoin isn’t quite as easy as buying a Bitcoin. No matter what your reason is for wanting to sell, our team at RockItCoin want you to be able to get your cash fast and easy. When you ready to sell Bitcoin in Chicago, visit a RockitCoin ATM near you and follow our step-by-step…Read more

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5 Interesting Facts About Bitcoin

Posted on August 14th, 2017 by RockItCoin

Did you recently one of our RockItCoin Bitcoin ATM Chicago locations? Or are you trying to learn more about Bitcoin? Our team at RockItCoin Bitcoin ATM created a list of 5 interesting facts about Bitcoin that you may not have known to help you get started. It is impossible to know the sender/receiver details –…Read more

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