From Dogecoin to Bitcoin to Coinbase, cryptocurrency is the hottest trend in investing right now. Here’s what you need to know before buying in.
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Bitcoin (CRYPTO: BTC) and Dogecoin (CRYPTO: DOGE) have both been hot investments over the past 12 months, surging 650% and 18,600%, respectively, at recent prices. Despite being built on similar technology, these cryptocurrencies have very different origin stories. Bitcoin was created by the pseudonymous Satoshi Nakamoto in 2009. The mysterious Nakamoto published a white paper detailing how Bitcoin could be used to build a new financial system — one that reduced transaction costs by eliminating the need for financial institutions.
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