CANADIAN STABLECOIN Blockchain Venture Capital Inc (BVC Chain) has officially launched its Canadian Stablecoin CUSD coin, which is a US dollar-backed stablecoin aimed at the Canadian market and Canadian demand. It will be a fiat-based stablecoin that is backed by the USD and securely held with a US-based banking institution. As is the same with...Continue Reading

TEZOS STAKING ON COINBASE PRO Coinbase Pro has announced Tezos staking for all holders on Coinbase, meaning all eligible customers in the US can receive staking credits. Why?    -> Coinbase is focused on offering customers a simple way to grow wealth in the space How?    -> Offering staking rewards on Coinbase for all...Continue Reading

ETH 2.0 STAKING STRUCTURE ROI ETH 2.0, due out in 2020, brings with it the proof-of-stake switch for the second largest blockchain – Ethereum (ETH). Preliminary numbers show that: 32 ETH will be required to be staked (approximately $5,800 USD) ETH 2.0 will maintain inflation rates below 1 percent and dynamically adjust rewards scale for...Continue Reading

BINANCE LAUNCHES RUBLE TRADING Just over a week ago, massive crypto exchange, Binance announced via Twitter that they would be offering trading of the Russian Ruble and cryptocurrency pairings on its platforms whilst attending a Government led event “Open Innovations Forum” in Moscow. Honestly, I find this pretty surprising news given the cryptocurrency industry in...Continue Reading

BLOCKFI CHASING INSTITUTIONAL INVESTORS BlockFi is a cryptocurrency lending start-up that raised $18.3 million USD in series A funding back in August of this year. Among the funding parties, contributions were made by Winklevoss capital, Galaxy Digital and Morgan Creek. BTCMANAGER reported this week,  BlockFi is intending to launch Institutional Services, a new platform specifically...Continue Reading

VITALIK STRIVING FOR MOST SECURE CHAIN This week, Vitalik Buterin,Ethereum co-founder, made a bold statement at Devcon 5 that after Ethereum transitions to Proof of Stake (PoS) “…the cost of a potential attack would make Ethereum the safer network of the two”, with bitcoin being the other. The switch from the Ethereum proof of work...Continue Reading

BITCOIN OUTPERFORMS … EVERYTHING The proof is in the numbers. Bitcoin is currently 2019’s best performing asset, even after the recent pullback to $8.2K USD from the high just shy of $13K USD achieved in June. Goldman Sachs deems Bitcoin “the best performing asset class of the year-to-date …(where)… prices have more than doubled in...Continue Reading

RESERVE BANK OF AUSTRALIA (RBA) CUTS INTEREST RATES TO HISTORIC LOW  The official interest rate has been cut yet again by the RBA to a new record low of 0.75%. The cut of 0.25% follows similar an earlier cut in July. RBA Governor Philip Lowe highlighted the following points in his post-meeting statement: The decision...Continue Reading

HASHING IT OUT On 18th September, Blockchain.com reported Bitcoin’s network hashrate hit a record-breaking high of 102 quintillion hashes for the first time ever. Canadian crypto researcher and well-known analyst Kevin Rooke commented that, “Difficulty is projected to grow 60% this quarter, and it was already at an all-time high when Q2 ended”. This increase...Continue Reading

18th SEPTEMBER 2019 DOLLAR COST AVERAGE-The Allure I’ve talked about dollar cost average approaches to investment plans before – which refers to assigning a fixed investment at a fixed interval over a long period. For example, $100 a week, every week for two years. This approach can work particularly well for those who either don’t...Continue Reading