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

TRUMP TWEETS Last week, bitcoin and cryptocurrency were thrust into the Twittersphere spotlight once again but this time thanks to Donald Trump who tweeted the below from his personal account. This is the first time a sitting American President has referenced publicly or even acknowledged cryptocurrency. It seems the news of Libra has unsettled the...Continue Reading

MiningStore’s Weekly Rundown RECESSION FEARS AND BANK LAYOFFS It’s been a week of recession fear and bank layoffs. Bitcoin has been resilient and seems to have settled in a fairly broad trading range of $10k – $13k USD, which begs the question as to how much money is leaving the traditional options of banks, bonds,...Continue Reading

This paper was written to provide an entry level understanding of blockchain projects and cryptocurrency. Beginners to cryptocurrency may find it difficult to understand where a digital asset derives its value from. However, by understanding the key properties of digital assets including decentralisation and encryption, and making clear comparisons to the current centralised monetary system,...Continue Reading

What does this mean? Bitcoin’s price reflects supply and demand, but two structural features magnify its movements. First, it is still young, with a market capitalisation around $1.33 trillion in 2026, small enough that concentrated buying or selling can shift the price quickly. Second, much of the circulating supply is held by a minority of...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

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