What to Expect When You Order a Hardware Wallet

February 24, 2018 Jamie Redman 0

What to Expect When You Order a Hardware WalletOver the past few months, well known hardware wallet manufacturers have been swamped with sales during and after the holiday season. Hardware wallet deliveries have been backed up and some people have had to wait weeks to get direct shipping from source manufacturers. Much of the demand has stemmed from the typical holiday season, but […]

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Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-Taxes

February 24, 2018 Jamie Redman 0

Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-TaxesAfter the newly written U.S. tax laws recently passed, cryptocurrency investors realized the tax-free exemption filing 1031 for IRS reporting is no longer applicable to their digital asset investments. The law also implies that a lot of people will have to pay taxes on every single transaction they processed throughout the past twelve months. However, […]

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Bitcoin Is Finding Its Way into High Schools

February 24, 2018 Jamie Redman 0

Bitcoin Is Finding Its Way into High SchoolsOver the past few years, colleges and universities all over the world have been creating courses revolving around cryptocurrencies and blockchain technology. Now the subject is slowly infecting the halls of high school students who want to learn about these emerging technologies. Because of the increased student interest, this week a Business and Personal Finance […]

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Oregon’s Cheap Hydropower Attracts a Swarm of Bitcoin Miners

February 23, 2018 Jamie Redman 0

Oregon's Cheap Hydropower Attracts a Swarm of Bitcoin MinersOver the past few months, quite a few bitcoin miners have been flocking to regions in North America in places such as Vancouver, and multiple states in the U.S. throughout the Midwest. Now, according to the state of Oregon’s regional press, miners are starting operations in the area because of concentrations of cheap hydropower. Also […]

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An Ethereum Classic Fork Snapshot Is Coming Next Week

February 23, 2018 Jamie Redman 0

An Ethereum Classic Fork Snapshot Is Coming Next WeekNext week the ethereum classic (ETC) community is expecting to receive coins from a ‘snapshot’ fork called ‘callisto’ (CLO). The clone will be an exact copy of the ETC chain up until block 5,500,000 and ETC holders will receive a 1:1 ratio of CLO coins. Also Read: China Censors Cryptocurrency Ads on Search Engines and Social […]

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California Bill Aims to Recognize Blockchain Records

February 23, 2018 Jamie Redman 0

California Bill Aims to Recognize Blockchain RecordsThe state of California has introduced a new bill that aims to recognize blockchain transactions, digital signatures, and smart contracts as a legal form of record. Assemblyman Ian Calderon introduced Assembly Bill 2658 on February 20 in order to re-define laws that apply to electronic records that take place within the state.   Also read: Indians […]

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Markets Update: BTC Prices Dip Below $10K

February 22, 2018 Jamie Redman 0

Markets Update: BTC Prices Dip Below $10KBTC prices and a vast majority of other cryptocurrencies have taken a significant dive over the past 24-hours as the entire crypto-economy shaved $75Bn from its recent highs this week. BTC/USD markets dropped to a low of $9,730. Also Read: China Censors Cryptocurrency Ads on Search Engines and Social Media Crypto-Markets See Losses Between 3-20 Percent […]

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Ross Ulbricht Denied Post-Conviction Relief Extension

February 22, 2018 Jamie Redman 0

Ross Ulbricht Denied Post-Conviction Relief ExtensionThe man convicted of creating the Silk Road marketplace, Ross Ulbricht, has lost yet another appeal to extend his “post-conviction relief.” Judge Katherine Forrest, the judge who sentenced Ulbricht to a double life sentence in 2015, denied the legal team’s attempt to renew the case even if additional circumstantial evidence is found in the future. […]

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Smartbtc Sees the Need for Centralized Python-Based Smart Contracts

February 21, 2018 Jamie Redman 0

Smartbtc Sees the Need for Centralized Python-Based Smart ContractsJust recently the startup Smartbtc announced the execution of a bitcoin-based smart contract written in the Python codebase. The team intended to grow their Twitter following by creating a contract that paid 0.011 BTC after it accrued 1,000 followers in sixty days. After the goal was met, Smartbtc’s Python contract executed on February 19. Also […]

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Markets Update: Bullish Sentiment Returns to Crypto Markets

February 20, 2018 Jamie Redman 0

Markets Update: Bullish Sentiment Returns to Crypto MarketsCryptocurrency markets have been accumulating gains again after the significant dips in value during the first two months of 2018. BTC/USD prices are holding steady above the $11,450 price range after bouncing off the $5,900 bottom not too long ago. Digital asset enthusiasts speculate the market is starting to show strong bullish sentiment once again. […]

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Counterparty Cash Announces ERC20 Competitor with Edge Wallet Support for Tokens

February 20, 2018 Jamie Redman 0

Counterparty Cash Announces ERC20 Competitor with Edge Wallet Support for TokensThis past January a project was launched that revealed a forked version of the crypto-derivative platform, Counterparty, and it’s being built for the Bitcoin Cash (BCH) network. Now this week, at the Cryptopulco event in Mexico, the creator of the new BCH token infrastructure, Julian Smith, has announced that Counterparty Cash (XCPC) and all assets, […]

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United Bitcoin May Be the Most Controversial Fork to Date

February 13, 2018 Jamie Redman 0

United Bitcoin Maybe the Most Controversial Fork to DateBack on December 12 the well-known developer Jeff Garzik launched a Bitcoin Core (BTC) based fork called United Bitcoin (UBTC) after Segwit2x failed. At block height 498,777 the snapshot took place, and the UBTC network began just like the rest of the forks in existence, but claiming the tokens is far more complicated than one […]

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This 16-Year Old Crypto-App Developer Fights Back Against Reddit Hate

February 13, 2018 Jamie Redman 0

This 16-Year Old Crypto-App Developer Fights Back Against Reddit HateLast month a 16-year old girl from India created a digital currency price ticker that tracks the price of cryptocurrencies like bitcoin cash, ethereum, and many others. However, when Harshita Arora introduced the iOS application to members of the bitcoin community who patronize the Reddit forum /r/bitcoin, she was accused of plagiarizing the app. Unfortunately, […]

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The 65 Percent Price Dip Has Made ‘Bitcoin Whales’ A lot More BTC

February 12, 2018 Jamie Redman 0

The 65 Percent Price Dip Has Made 'Bitcoin Whales' A lot More BTCLast year bitcoin had a phenomenal run leading up to its all-time high of $19,600 per BTC this past mid-December. The price over the past few weeks had since dipped to a low of $5,900 on Monday, February 5, losing close to 65 percent of its value in a short period. The dip has ‘rekt’ […]

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New Jersey Sends Cease & Desist to Crypto-Investment Pool

February 12, 2018 Jamie Redman 0

New Jersey Sends Cease & Desist to Crypto-Investment PoolThe state of New Jersey’s Bureau of Securities and the Attorney General has issued a cease and desist order to a digital currency investment fund called ‘Bitstrade’ this week. According to the state’s Attorney General’s office, the cryptocurrency-focused firm was “fraudulently” managing and selling securities. Also read: U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure […]

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Senate Candidate Accepts Largest Contribution in BTC

February 11, 2018 Jamie Redman 0

This week the Republican Senate candidate Austin Petersen announced he accepted the largest federal election campaign contribution settled in digital currency. Petersen, a former Libertarian, has received a total of 24 cryptocurrency donations this year, and the largest was for 0.284 BTC ($4,500 USD). Also Read: U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure Guidelines […]

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BCH Wallet ‘Handcash’ Enables Bitcoin Cash NFC Transactions

February 11, 2018 Jamie Redman 0

BCH Wallet 'Handcash' Enables Bitcoin Cash NFC TransactionsOn Saturday, February 10 a new bitcoin cash (BCH) wallet was announced called, Handcash, an SPV client that enables Near Field Communication transactions. The wallet’s initial release is still in beta form but is available to download for experimentation on all compatible Android devices. Also read: Trading Tip `the Wall´ – Disappearing Premiums Signal Bearish Mid-Term […]

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U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure Guidelines

February 10, 2018 Jamie Redman 0

U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure GuidelinesThis week Colorado House Representative Jared Polis sent a letter to the U.S. House Committee on Ethics asking the organization to propose statutes that require government employees to declare their bitcoin and digital currency holdings. Also Read: India’s Tax Department Issues Notices to 100,000 Crypto Investors House Representative Jared Polis: ‘Government Employees Should Report Any Virtual […]

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Ledger X President: $50K Bitcoin Bet Saw a $1M Premium the Same Day

February 10, 2018 Jamie Redman 0

Ledger X President: $50K Bitcoin Bet Saw a $1M Premium the Same DayLast year on December 22 a firm purchased a $1 million dollar options trade on the Ledger X platform that wagered the BTC/USD market price will be $50,000 by the last month of 2018. This week Juthica Chou, the president of Ledger X chatted with Jared Blikre at the Yahoo Finance All Markets Summit’s cryptocurrency […]

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When Bitcoin Prices Dump Salty Buttcoiners Pop Bottles of Champagne

February 10, 2018 Jamie Redman 0

When Bitcoin Prices Dump Buttcoiners Pop Bottles of ChampagneOver the past few weeks, bitcoin markets have slid from the near $20K price region all the way down to $6K territory and there’s one crowd who is loving it every time bitcoin’s value dumps. The group called ‘Buttcoiners’ stem from the Reddit forum /r/buttcoin, and anytime something bad happens to bitcoin this band of […]

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U.S. Marshals Auction Completes the Sale of 3,800 BTC

February 9, 2018 Jamie Redman 0

U.S. Marshals Auction Completes the Sale of 3,800 BTCThe U.S. Marshals revealed this week it completed the auction that saw the sale of 3,813 bitcoins ($31Mn USD) on January 22. The bitcoins were seized from various civil forfeitures and criminal cases involving U.S. law enforcement agencies like Homeland Security and the Federal Bureau of Investigation (FBI). Also read: Weiss Ratings Defends its Decision to […]

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Coincheck Announces JPY Withdrawals Will Resume Next Week

February 9, 2018 Jamie Redman 0

Coincheck Announces JPY Withdrawals Will Resume Next WeekThis Friday the Japanese exchange Coincheck has announced the resumption of yen (JPY) withdrawals will begin next week. The news follows the trading platform halting operations on the 26th of January. That day Coincheck was hacked and lost a total of 523,000,000 XEM, but the exchange promised to pay back the 260,000 customer accounts that […]

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Besides the Meme Jokes Crypto-Enthusiasts Are Actually Buying Lamborghinis

February 8, 2018 Jamie Redman 0

Despite 'Hodling' Crypto-Enthusiasts Are Buying LamborghinisThe luxury Italian sports car, Lamborghini, otherwise referred to as the “Lambo” has become a ‘holy grail’ for some cryptocurrency enthusiasts. As ridiculous as $200K+ automobile may sound to some individuals after bitcoin’s rise in 2017 that dream is now attainable for a lot of early adopters. Also Read: Australian Freeze: Big Aussie Banks Denying Bitcoiners […]

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Markets Update: Cryptocurrencies Start Forming a Well Defined Uptrend

February 8, 2018 Jamie Redman 0

Markets Update: Cryptocurrencies Start Forming a Well Defined UptrendCryptocurrency markets are starting to slowly inch back upwards after many digital assets lost roughly 40-70 percent of the values they held two months ago. Bitcoin core markets (BTC/USD) reached a low of $5,920 this past Monday, but as the weekend approaches the price has regained strength hovering around $8,250-8,450. Moreover, the price of bitcoin […]

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Bitcoin Cash Markets Recover — While Infrastructure Support Increases

February 8, 2018 Jamie Redman 0

Bitcoin Cash Markets Recover — While Infrastructure Support IncreasesThis past week bitcoin cash (BCH) markets have been suffering from the bearish sentiment plaguing cryptocurrencies across the board. On February 6 the price of BCH reached a low of $740 per coin but has since bounced back to the $950-1,050 region on Bitstamp Tuesday evening. Also Read: Australian Freeze: Big Aussie Banks Denying Bitcoiners Bitcoin […]

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