News

Zcash’s network hash rate has mysteriously spiked by over 40 percent since Dec. 10th. It is unknown what is causing the spike, but it could indicate a growing ASIC presence on Zcash, or, more likely, that a large mining conglomerate is returning to the fray. According to information from BitInfoCharts, from Dec. 10th to 18th, […]

Bitcoin Cash has reclaimed its position above Litecoin, by market capitalization, following meteoric gains in sync with the latest market upswing. Roger Ver can once more claim crowing rights from Charlie Lee. LTC enthusiasts have eagerly awaited the coin’s ascension above BCH, going so far as to build a website dedicated to monitoring the event. […]

Bloomberg reported that Tether “has the billions it promised,” suggesting that USDT could be backed one-to-one by dollars. That said, the reserves do not necessarily prove Tether’s innocence in a laundry list of other misconduct. On Dec. 18th, Bloomberg reported that “Crypto-Mystery Clues Suggest Tether Has the Billions It Promised,” citing statements that span four […]

After a year of price deterioration, the cryptocurrency market has recovered some during the last two days. There is speculation that the rally could spell the end to the year-long winter, with Bitcoin recovering $500 in value. Over the last two days, the markets have experienced a strong rally, with the overall market capitalization increasing […]

The cryptocurrency market saw a dramatic fallout throughout 2018. With Bitcoin falling from a value of $17,000 per coin in January of 2018 to around $3,500, many traders incurred losses since the start of the year. This post is the opinion of the author and is not financial, tax planning or tax advice. Please speak […]

In France, several proposed changes to the laws governing the tax treatment of cryptocurrencies were rejected in the parliament on December 17th. The proposals would have made the tax treatment for transacting in cryptocurrencies more advantageous. The decision comes a week after two French lawmakers released a report advocating for the investment of hundreds of […]

Today, Coinbase has added four new Ethereum ERC20 tokens to Coinbase Pro: Golem (GNT), Maker (MKR), Zilliqa (ZIL), and Dai (DAI). The coins are available for trade in several major jurisidictions. Coinbase announced in a blog post that the company is adding four new ERC20 tokens to its Coinbase Pro platform: Golem, Maker, Zilliqa, and […]

Coinbase recently announced the rollout of a new feature allowing users to directly place coin-to-coin trades rather than going through an intermediary fiat step. However, is it more cost-effective to make direct exchanges? Previous Setup Previously, if a Coinbase customer wanted to purchase Bitcoin using Ethereum, they’d have to first sell their Ether holdings for […]

In just the last few months, the SEC has brought successful enforcement actions against EtherDelta, Paragon, Airfox, DJ Khaled and “Money” Mayweather himself, all predicated directly or indirectly on unregistered Initial Coin Offerings (“ICOs”). These settlements confirm that the SEC can and will target domestic ICOs for enforcement. But what about foreign ICOs? All those […]

Iran’s Public Relations and Information Center for the Vice Presidency for Science and Technology suggest interest in blockchain by encouraging improvements to “the infrastructure of blockchain technology with the help of [the] government and private sector.” This latest move indicates Iran is keen on joining other nations in getting a jump on the potential benefits […]