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Evaluating Bitcoin’s Early April Price Surge

Evaluating Bitcoin’s Early April Price Surge

Bitcoin’s price climbed past $5,000 earlier this week where it remains now following a brief pullback below $5,000. The positive price movement has coincided with a market-wide surge in altcoins — indicating that Bitcoin and the broader market are still closely...
Venezuelan Weekly LocalBitcoins Volume Continues to Soar

Venezuelan Weekly LocalBitcoins Volume Continues to Soar

Venezuela’s LocalBitcoins volume has reached an all-time high (ATH) this week as the Bolivar extends its spectacular downfall and the authoritarian Maduro regime continues its oppression. According to CoinDance, Venezuela’s weekly LocalBitcoin volume has reached more...
Bitcoin Hash Rate Declining

Bitcoin Hash Rate Declining

Bitcoin’s hash rate has been slowly declining throughout November, mirroring similar levels in early August this year. Currently, the hash rate is roughly 40,349,974 TH/s after rebounding from a 4-month low of approximately 34,727,437 TH/s. The declining hast rate is...
The Bitcoin Cash Hard Fork Begins

The Bitcoin Cash Hard Fork Begins

Bitcoin Cash has split into Bitcoin SV and Bitcoin ABC today following the community rift led by Craig Wright (Bitcoin SV) and Roger Ver (Bitcoin ABC) that had escalated in the days leading up to the hard fork. It remains unclear which protocol will become the more...
Bitcoin Rising in Venezuela

Bitcoin Rising in Venezuela

Venezuela currently has one of the highest inflation rates in history and it has reached extraordinary levels over the last year. Venezuela’s annualized inflation rate surpassed 43,000% this June and the cost for a single cup of coffee reached approximately 1 million...
Mistakes to Avoid When Filing Cryptocurrency Taxes

Mistakes to Avoid When Filing Cryptocurrency Taxes

Filing your taxes with cryptocurrency income or profits can quickly become a difficult process. Crypto trades can be complex with their transfers, mining, forks, splits, wallet spends and so on. These can occur on several different platforms, as well. It can be...

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