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Coinbase, one of the most-used cryptocurrency exchanges, moved approximately $5 billion in cryptocurrency, claiming the title of “largest crypto migration on record.” The transfer included 5 percent of all BTC, 8 percent of all ETH, and 25 percent of all LTC in circulation. According to a blog post on Dec. 19th, Coinbase announced that it […]

Americans and their Christmas lights consume a staggering amount of energy. For December alone, these glowing ornaments consumed 4.5 terawatt-hours of electricity, more than the annual consumption of Laos. Fortunately, the new Festivus ICO is looking to reinvent Christmas spirit. Problems with Bitcoin One of the major problems with Bitcoin is how much energy it […]

One of the oldest questions in cryptocurrency is whether Bitcoin is tethered to the performance of the overall stock market. The current crypto market rally could indicate that Bitcoin and other altcoins are independent from dips in U.S. stocks. The U.S. Stock Market Plunges Up until the Q3 of this year, the stock market has […]

South Korea’s largest cryptocurrency exchange, UpBit, faces criminal charges after top executives were formally indicted by the country’s legal prosecutors, as reported by Business Korea on December 21, 2018. Three senior exchange executives, including founder Song Chi-Hyung, were arrested by local authorities on charges of fraud. The arrests come after complaints were filed against the […]

Strangely enough, the cryptocurrency exchange Bitfinex has introduced margin trading for Tether’s controversial stablecoin, USDT. The purpose of USDT is to trade at parity with the dollar, providing the stability of the dollar with the utility of a cryptocurrency. In an unusual announcement, Bitfinex has introduced a feature to enable margin trading, the process of […]

Coinbase’s CEO and co-founder Brian Armstrong has a vision for how Bitcoin and other cryptocurrencies will profoundly impact society. The market was euphoric as Bitcoin and Ethereum approached $20,000 and $2,000. Speculators imagined that this would be the next “paradigm,” and if they didn’t buy-in today they would forever miss once in a lifetime 1000-fold […]

Once the domain of hobbyists, digital currency first grabbed public attention in 2017 thanks to the meteoric rise of the price of a single Bitcoin to nearly $20,000. But for the payments industry—companies that enable fast, secure and affordable payments for merchants and consumers—the trade in Bitcoins was less compelling. Rather, it is the underlying […]

Two congressmen are introducing a bill that would exclude digital currencies from securities classification and substantially improve the tax treatment for cryptocurrencies. The new definition could benefit current cryptocurrency projects—such as Ripple’s XRP—and allow for ICOs and STOs to fundraise with more clarity. Today, CNBC reported that a bipartisan bill, the “Token Taxonomy Act” would […]

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. […]