Category Archives: Internet marketing

Real Reversal? Yesterday Was The Highest Volume Day in Bitcoin History

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

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Bitfinex Opens Trading of USD-Pegged Tether Against USD

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

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Facebook Wants to Mint Its Own Stablecoin for WhatsApp

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

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Study: Asia Has More Impact on Bitcoin Price Than America and Europe

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

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Bitcoin Hash Rate Stabilizes After Mining Difficulty Adjusts to Lower Price

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

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UK Gov’t Unveils Cryptocurrency Tax Guidelines For Individuals

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

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Tim Draper is Betting On Bitcoin Lightning Payments for Starbucks

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

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Veteran Trader Who Called $20K Top Now Hints ‘Capitulation’ Has Arrived

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

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Peter Thiel Invests in a New ‘Proactive’ Cryptocurrency Investment Platform

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

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Cryptocurrency Mining Could Crash The Entire Power Grid Of Abkhazia

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

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