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

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

What Bitcoin Network Hash Rate Actually Measures Quick Answer. Bitcoin network hash rate is the total number of SHA-256 computations per second being submitted to the Bitcoin blockchain by all miners worldwide. It is measured in exahashes per second (EH/s), where one EH/s equals one quintillion hashes per second. In August 2026 the network sits...Continue Reading

What Dollar Cost Averaging Bitcoin Actually Means for Australians Quick Answer. Dollar cost averaging Bitcoin is the practice of investing a fixed AUD amount into BTC at a fixed interval, such as AUD 100 every week or AUD 500 every month, regardless of the current Bitcoin price. The strategy removes the need to time entries,...Continue Reading

MiningStore’s Weekly Rundown A SLOW WEEK WITH NEW OPPORTUNITY In Australia, how Bitcoin mining is taxed depends on whether you mine as a hobby or as a business. The Australian Taxation Office treats business mining rewards as ordinary income when received, while hobby miners are generally taxed under capital gains rules on disposal. Either way,...Continue Reading

A blockchain is a decentralised, distributed ledger that records every transaction on a public record no single party controls. On the Bitcoin network, miners replace the bank clerk: specialised computers validate transactions, secure the ledger through proof of work, and earn newly issued Bitcoin, all governed by a fixed supply of 21 million coins.  ...Continue Reading

What is Bitcoin? Bitcoin is a form of electronic cash that can be sent directly from one user to another without an intermediary. It was invented by an unknown person or group using the name Satoshi Nakamoto and released as open-source software in 2009, as set out in the Bitcoin whitepaper at bitcoin.org. Bitcoin uses...Continue Reading

What is LOKI? LOKI was a decentralised, open-source privacy project and encrypted messenger built on the CryptoNote protocol, the same base that underpins Monero. It was founded in early 2018 by an Australian team and raised a reported US$9 million in a private sale that year. The coin became mineable on the CryptoNight Heavy algorithm...Continue Reading

The Coinbase Lesson on Buying Bitcoin in a Bear Market Back in 2018, one statistic cut through the gloom of a brutal crypto winter. Despite the market shedding most of its value across the year, Coinbase was still one of the busiest on-ramps in the industry. The figure was eye-catching, but the lesson behind it...Continue Reading