Author Archives: samantha65

Cryptocurrency analysts were celebrating December 21 after Bitcoin posted its biggest daily trade volume in history. 2.3M Daily Bitcoin Volume Data compiled by the fund manager known on Twitter as Crypto Quantamental confirmed Thursday had become the day with the … Continue reading →

Cryptocurrency exchange Bitfinex has announced it will support trading of USD denominated stablecoin Tether (USDT) against fiat USD from Friday. Bitfinex Hedging A Hedge The curious decision, which the exchange revealed in a blog post just hours before the pair … Continue reading →

Facebook, the world’s largest social media website has been reportedly working on a stablecoin to allow WhatsApp users to transfer money. The company’s initial focus is supposedly the remittance market in India.  Facebook’s Stablecoin The social media mogul is developing a … Continue reading →

With events like SEC approval for Bitcoin ETFs and the introduction of cryptocurrency derivatives, it is easy to imagine the market being driven by news out of the United States. However, new research suggests that Asia, and not the West, … Continue reading →

The Bitcoin hash rate — the number of hashes per second the network is performing — has stabilized undergoing its biggest downward difficulty adjustment in seven years amid lower BTC price.  Bitcoin Network Heals Its Wounds On the back of … Continue reading →

Her Majesty’s Revenue and Customs (HMRC) yesterday released a policy paper, detailing cryptocurrency tax guidelines for individuals. The good news is that no new punitive tax measures apply to crypto, which essentially falls under existing taxation schemes. Which Tax Applies? After … Continue reading →

Bitcoin payment processor OpenNode has successfully concluded a seed round. The project has raised $1.25 million with prominent Bitcoin proponent Tim Draper and Draper Associates.  OpenNode Seals the Deal OpenNode is a bitcoin payment processor, describing itself as “the easiest … Continue reading →

Peter Brandt, the man who predicted the Bitcoin price dropping 85 percent in 2018, has appeared to call “capitulation” of the largest cryptocurrency. ‘Capitulation For A Time’ In a tweet, December 20, Brandt, who in January this year warned Bitcoin … Continue reading →

The cryptocurrency investment and infrastructure platform Layer1 has successfully closed a $2.1 million seed funding round. Investors who took part include PayPal’s co-founder Peter Thiel and Barry Silbert’s Digital Currency Group.  Layer1 Raises $2.1M With Help From Peter Thiel Despite … Continue reading →

The tiny Republic of Abkhazia has high hopes that cryptocurrency mining and operations could be its solution to economic woes. But the rickety ex-Soviet electricity network is already at capacity, leaving risks of blackouts if a cold snap hits. The Republic … Continue reading →