This week we cover: Ethereum 2.0 launch COVID-19 and the effects on the Cryptocurrency market Record highs across the whole market Fear, Greed & Mentality Ethereum 2.0 to be launched on 1st December The long anticipated Ethereum 2.0 has finally been announced, and will be released on 01/12/2020. The concerns following low staking contributions seem...Continue Reading
Could Bitcoin reach 100k in 12 months? Over the past 4-6 months Crypto and Bitcoin has been gaining considerable popularity within the mainstream world of finance. This week marked another milestone when Bitcoin hit $18,476, and is persistently on its way to reaching all time highs. With this momentum happening, Bitcoin is now being described...Continue Reading
Bitcoin Outperforms as a Premier Investment Asset November 13th saw Bitcoin reach $16,415. A magnitude not reached since the infamous 2017 bull run. With prices of this level now coming in to play, Bitcoin is further cementing itself as one of the best operating assets and is continually outperforming the ‘safe haven’ investments we all...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
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
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
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
MiningStore’s Weekly Rundown A SLOW WEEK WITH NEW OPPORTUNITY The crypto market cooled down a bit this week. Bitcoin led the downturn by coming off the $14K USD high to retrace about 43% (down to $10K USD) over five days. With bitcoin’s impressive performance skyrocketing to a 170% increase over 58 days at its peak...Continue Reading
The Crypto journey has taken us on is like the first adventure you took with your friends or family to a destination that was unknown or unfamiliar. The beginning of this journey was spontaneous. You planned very little but let the excitement of the new adventure take you with it. Your intentions seemed clear at...Continue Reading
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