According to an article on CoinTelegraph, Bitcoin did not reach $100,000 during the 2021 bull market due to the assertion that the now-defunct exchange FTX continuously offloaded BTC.Continue Reading

MicroStrategy acquired its most recent Bitcoin reserve with an average cost of $27,053 per coin, representing a 9% reduction compared to the average price of its entire BTC acquisition.Continue Reading

House Speaker Kevin McCarthy announces that he and President Joe Biden have reached a tentative agreement, aiming to swiftly address the impending debt crisis and impose restrictions on federal spending.Continue Reading

Increase Transaction Fees? What Happened? Increased transaction fees represent a minor advancement in the ability of Bitcoin miners to maintain their operations independently of block subsidies.   Block number 788695 has a significant meaning for Bitcoin miners due to the recent upsurge in transaction fees. It represents the first instance since 2017 where transaction fees...Continue Reading

Australia cryptocurrency entrepreneur, Fred Schebesta, has stated that whilst the token mapping by the Australian government is “wonderful”, he warns it could lead to some detrimental effects on the space and wider economy.    You can read about the government’s prioritising of this token mapping in our article here.    Fred is the co-founder of...Continue Reading

Why is The BTC network hash rate still so High? Firstly, an increase in the BTC hash rate means more mining power is being added to the Bitcoin network. Whenever new miners join the network, the mining difficulty increases. This is due to a mechanism implemented on the Bitcoin network which ensures 1 block is...Continue Reading

After many months of industry consultation, in November of 2021, the Australian Securities and Investments Commission (ASIC), approved long awaited Bitcoin and Ethereum exchange-traded funds (ETFs).   In doing so, ASIC has provided the best-practice requirements and guidelines for those issuing Bitcoin or Ethereum ETFs, emphasising the protection and storage of digital assets.    “We...Continue Reading

BTC, Market Update & Recent News!   What happened in January?   In light of our recent Bitcoin market updates to our members, we thought it would be appropriate to provide a general overview of the market for the last month or so and any associated news!   January was a rollercoaster ride for cryptocurrency...Continue Reading

Intel set to release “ultra-low-voltage energy-efficient Bitcoin mining ASIC”   Leading tech giant Intel, one of the largest computer processor manufacturers, is set to release their new specialised “ultra-low-voltage energy-efficient Bitcoin mining ASIC” known as the “Bonanza Mine”.        Although Intel are yet to state anything publicly, Tom’s Hardware reporters noticed that they...Continue Reading

This week we cover: Why Bitcoin’s rally will slow down Altseason Trump vs Biden? Bitcoin effects How to make money with Bitcoin? Fear, Greed & Mentality Why a Bitcoin rally will slow down Ethereum & Altseason  This week has seen many communities/traders expressing their thoughts on the future of altcoins on the back of the...Continue Reading