Elon isn’t building on Ethereum.
Elon Musk confirms - he doesn’t use Ethereum! Elon Musk says “I’m not building anything on ethereum. Not for or against it, just don’t use it or own any.” Musk’s tweet came in response to a July 2 tweet from movie star William Shatner. “Cryptonians!” Shatner said,...
Kleiman Vs Wright pushed until October.
Kleiman v Wright jury trial proceeds! The Kleiman v Wright jury trial has been moved to October 13th! The delay was confirmed under Administrative Order 2020-41, which pushed all jury trials in the Southern District of Florida’s District Court until October 13th....
Binance Completes Major Upgrade in Preparation for Crypto Bull Market
Binance Upgrade makes the exchange faster! The Binance Upgrade was completed on June 28th, And according to Changpeng Zhao, or CZ as he is popularly known, this update makes Binance the world’s largest crypto exchange faster. The trading platform reportedly...
Bitcoin sees Big Jump in Merchant Adoption
Australians can now pay for Bitcoin at national post offices! Bitcoin.com.au customers can pay for Bitcoin at more than 3,500 Australian Post offices! Australian Post Offices worked hand in hand with Bitcoin.com.au to make this available according to a June 24th...
Trump Hints Towards Another Stimulus Package for US Residents
Second US Stimulus could drive Bitcoin Higher! Second US Stimulus is currently in the works, and according to OKEx CEO Jay Hao, this could drive more people to spend money on Bitcoin. In a LinkedIn post on Monday, Hao explained that after the first $2.2 trillion...
PayPal and Venmo to join Cryptocurrency Revolution
PayPal selling Cryptocurrency! PayPal selling cryptocurrency is the big rumor in the cryptocurrency universe. PayPal would be able to offer 325 million users the ability to directly buy cryptocurrency. PayPal is currently an option for withdrawing funds from...
Investors Flock to High Yield Returns found in DeFi Markets
DeFi yield farming is the new thing in the Crypto Universe! DeFi Yield Farming is the act of leveraging DeFi protocols and products to generate incredibly high rates of return, sometimes reaching over 100% annualized yields! Decentralized Finance (DeFi) is an...
Study Finds roughly 80% of Circulating Bitcoin Held by Custodians and Long Term Investors
60% of Bitcoin is held for long term investment! 60% of Bitcoin is held by licensed custodians, according to Chainalysis. Chainalysis concludes that the breakdown of Bitcoin’s supply makes it similar to gold. They did clarify, however, that 3.5 million BTC...
Binance Pool Mining BSV!
Binance Pool mining Bitcoin SV is now the largest! Binance Pool mining Bitcoin SV beat out Huobi for the largest mining pool since delisting the cryptocurrency in April of last year. The Binance Pool is responsible for 26.39% of all Bitcoin Satoshi Vision blocks...
The Step-by-Step Guide For Crypto Tax Reporting
The Step-by-Step Guide For Crypto Tax Reporting As the IRS begins to ramp up cryptocurrency tax audits and enforcement efforts in 2020, it’s becoming increasingly important to understand how to properly report your cryptocurrency trades and investments on your taxes....
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