Home Blog Page 3

Proposed Australian Currency Restrictions: A Use Case for Cryptocurrencies

Australia flag and cryptocurrency growing trend with many golden bitcoins

The Australian government is currently considering a bill that would restrict cash purchases to under AU$10,000. Many are calling the bill, targeting the black economy, a use case for cryptocurrencies.

So, what does the bill say, and what does it mean for crypto?

The Buzz about Crypto Energy Use

Bitcoin with a world globe in the background synmolising the impact crypto has on environment

Being an electronic currency, Bitcoin and other crypto consume some energy. But, is it enough to be a problem? Some recent press and studies make it sound like it.

Here, we’ll talk about why Bitcoin uses energy and how much energy it uses. That way, you can make up your own mind.

Future of Stablecoins Looking Bright for Facebook

facebook's libra cryptocurrency stablecoin

The recent announcements of Facebook launching a payment system supported by cryptocurrency for Facebook users is causing a bit of a stir. Financial institutions are a bit concerned, and the social media giant’s user base is excited.

Cryptocurrency Tax Software CrpytoTrader.Tax Now Available in Australia

cryptotrader.tax cryptocurrency tax software

Cryptocurrency traders need to pay taxes for capital gain according to the latest regulations issued by the ATO (Australian Tax Office). The tax authority is planning to create a task force specifically for fighting crypto tax evasion.

US Government Attempts to Turn on Cryptocurrencies

cryptocurrencies on a US flag

Cryptocurrencies like Bitcoin have hardly been “under the radar”. However, the buzz over the upcoming Libra may have brought it some unwanted attention. United States Federal Reserve Chairman Jerome Powell and President Donald Trump have called for more regulation of crypto.

Now the question is, how serious are they and how much can they actually do?

Anthony Pompliano: Bitcoin to Reach $100K as Safe Haven Against Fiat

anthony pompliano - bitcoin reach $100K safe haven against fiat

Morgan Creek Digital co-founder and popular Bitcoin bull, Anthony “Pomp” Pompliano, recently made a couple of big claims. First, Bitcoin will be at $100,000 within two years. Second, half of his net worth is in crypto.

How and Why to Get in on the Bitcoin Bull Market

bitcoin bull market

Bitcoin is decidedly in what investors call a “bull market”.

Depending on your plans to invest, that can mean a number of things. That’s partially because of the nuanced nature of investment and speculation. It’s also partially because of the controversial idea of cryptocurrency as a speculative asset.

Australian Sushi Restaurant Rolls Out Cryptocurrency-Themed Menu

australian sushi restaurant cryptocurrency themed menu

Sushi Planet’s locations in Adelaide and Modbury are enjoying a boost of publicity from a cryptocurrency-themed menu.

Reserve Bank of Australia Publishes a Brief History of Cryptocurrency

some cryptocurrency coins on a desk

To commemorate ten years of cryptocurrency, the Reserve Bank of Australia has published a paper titled Cryptocurrency: Ten Years On. Authors of the paper are Cameron Dark, June Ma, and Clare Noon of the Australian Reserve Bank’s Payment’s Policy Department.

Why Nexo’s Co-Founder Says Bitcoin Doubters Are “Having a Really Hard Time”

antoni trenchev on CNBC says bitcoin doubters are having hard time

With Bitcoin continuing its upward trend, it can be hard for crypto advocates to understand why there are still doubters.