BitMEX AND DR DOOM Earlier this week, US economist Nouriel Roubini aka Dr Doom (who was once described as a ‘Bitcoin sadist’), criticised Seychelles-based BitMEX for violating strict US regulations which prevent American citizens from trading on their platform. Roubini went so far as to accuse the platform of aiding in money laundering and referred...Continue Reading

Institutional money flowing into BTC Bitcoin hash rate is the total computing power miners are using to secure the network, measured in hashes per second. A higher hash rate means more machines are competing to validate transactions, which makes the network more secure and harder to attack. It is one of the clearest indicators of...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 Institutional Investment in Bitcoin Means for Everyday Miners When the world’s largest investment firms move into Bitcoin, it signals growing long term confidence in the asset, and that confidence tends to support higher prices over time. For crypto miners, a stronger Bitcoin price means every coin you mine is worth more, which improves the...Continue Reading

Ethereum Rises 5% as Crypto Market Gains $11 Billion In July 2018 the total cryptocurrency market capitalisation rose by roughly 11 billion US dollars in 24 hours, with Ethereum gaining around 5 percent. The move was driven by short-term momentum across the three largest assets at the time: Bitcoin, Ethereum, and Bitcoin Cash. The combined...Continue Reading

“After ending June on a pronounced downswing, the cryptocurrency markets have risen dramatically over the weekend starting July, with total market cap growing somewhere in the field of 15%.”Continue Reading