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Tesla Sells 75% of its Bitcoin Holdings Only a Year After Touting ‘Long-Term Potential’
Elon Musk’s Tesla sold 75% of its bitcoin holdings (an investment that assisted in the legitimacy of the most popular digital asset). Find out what this means for crypto.
Ethereum’s Shadow Fork Pushes Network Closer to the Merge and Raises ETH Price
Ethereum has launched its ninth fork in preparation for the network’s merge with the proof-of-stake Beacon Chain. Find out why this is a big step forward for Ethereum.
How to Set Up a Crypto Wallet
Understanding how to properly store crypto safely and efficiently is vital when trying to find success in the world of crypto.
Numbers for U.S Inflation & Canadian Interest Rates Are in: What this Means for Crypto?
Inflation in the United States continues to grow at an alarming rate, accelerating by more than forecast in the month of June. Here’s what’s come out on the news today.
Summarizing the Great Crypto Winter: How Did This All Happen?
In this post we’re going to answer one of the most obvious, yet thoughtful questions that anybody interested in crypto should be exploring: How did this crypto crash happen?
Inflation Pressure & Other Events Cause Market Crash, Leading to $2 Trillion Drop in Under Eight Months
Digital assets are seeing one of their worst weeks all year, dropping over $2 trillion after it touched over $3 trillion in November last year.
Ethereum Founder Vitalik Buterin Says the Merge Is Coming in August: What It Means for Crypto Investors
It’s official! Ethereum founder Vitalik Buterin says The Merge is just months away. It’ll be here by August. In this post, we’ll start by understanding the broader challenges facing most blockchain projects (including Ethereum), then dive deeper into The Merge and its significance as a milestone along the journey to building Ethereum 2.0.
Terra’s Revival Plan Saves the Protocol, Hard Forking the Chain & Starting From Block Zero
The Terra ecosystem Revival Plan 2 gets approved, creating a new chain and a much-needed fresh start for the protocol. Learn more about the latest news here.
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At Netcoins, we love to show our appreciation to our users so we’ll often find unique ways to surprise and delight them. In this spirit, we’ve recently increased our referral bonus to Give $60 Get $60. Learn more about it here!
Expedited Regulation Process for Stablecoins Demanded Following Market’s Collapse
Following the catastrophic collapse of Terra’s UST stablecoin last week, which caused many digital assets like bitcoin and ethereum to plummet, governments are stepping in and implementing regulations for stablecoins.
What Can You Actually Buy With Bitcoin In 2022?
Bitcoin is a digital currency that is at the forefront of cryptocurrencies. Despite its rocky ride over the last few years, the buzz around bitcoin is undeniable and at times unstoppable.
What is Crypto Staking?
If you’ve been in the crypto space for a little while now, you may have heard the term “staking.” You might still have some questions around what it means, how it works, the risks associated with staking, and which cryptocurrencies offer stalking rewards.
Warren Buffet Criticizes Bitcoin at Berkshire Hathaway Annual Meeting (Here’s Why He’s Wrong)
This week, Warren Buffet, American business magnate, investor, and current CEO of Berkshire Hathaway, attended the Berkshire Hathaway annual meeting. He talked on a broad range of issues, commenting on inflation, Bitcoin, and much more.
Bitcoin Remains Stagnant – The Repercussions of Geopolitical Tensions, Interest Rate Hikes & Inflation
Wondering what could be causing the stagnation we’re seeing with bitcoin’s price? A mix of inflation, rising interest rates, and war could be playing a role in this. Though interest in crypto assets has dwindled, the market tends to bounce back, and digital assets may again see the same popularity it has benefited from for the past two years, favouring those who ‘hodl.’
90% of All Bitcoin Mined as Mining Difficulty Reaches a Lifetime High
The 19 millionth bitcoin was recently mined, meaning that over 90% of all Bitcoin is now in circulation. This has also lead to an increase in mining difficulty. Learn what this means for the Bitcoin network.
The Importance of Checking What Blockchain the Cryptocurrency You’re Sending Is On
Although we try our best to inform our users via our platform, we hope this article helps you understand the importance of reviewing what blockchains the cryptocurrencies you’re sending are on – as sending crypto assets to the wrong blockchain could cause you to lose your crypto assets.
Crypto and Canadian Politics Are On A Collision Course In 2022; What A Crypto-Friendly Canadian Government Might Mean for Investors
We are entering a time where fiscal policy is beginning to include the crypto space, and it seems it has accelerated over the last year or two. Now, politics can no longer ignore the potential crypto has to change the world’s economies.
U.S. Digital Asset Taxes Estimated to Reduce Federal Budget by $1 Trillion Following 2023 Budget Report
The U.S. budget highlights newly implemented digital asset tax provisions. These taxes apply to institutions, brokers, miners, and any other digital asset-related business practices, which are now required to report earnings to the Internal Revenue Service.
How Crypto Is Helping People Affected by The Ukraine-Russia War
Crypto is being used to support the Ukrainian government and people on the ground. While Russian civilians are looking to crypto to hedge against the devaluation of the Russian Ruble. Crypto is fulfilling its intended purpose – it is giving people opportunities outside of the traditional financial markets.
The Best Ways for Progressive Investors to Keep Their Crypto Safe
This blog post is all about keeping your crypto assets safe. It’s essential for investors, both new and experienced, to review their security practices as we gear up for what could be another big year for crypto.
Biden Presents Executive Order Regarding Digital Assets
On Wednesday, March 9th 2022, President Joe Biden presented the Executive Order, which asked government organizations to produce reports around cryptocurrencies and blockchain technology. Many investors saw this as a sign that the U.S. government is finally conceding to the importance of the crypto industry.
Is Crypto Taxed in Canada? – Canadian Crypto Tax Guide 2022
Is Crypto Taxed in Canada? – Canadian Crypto Tax Guide 2022 Ayelen Osorio Content Marketing With tax season among us, many investors are wondering how cryptocurrency investments are taxed in Canada. After all, 2021 was a record year for all assets (including...
Crypto News: Fidelity Looking to Launch Metaverse & Digital Asset ETF, $405 Million Crypto Hack, Coachella & Paris Hilton to Launch NFTs
Plenty of exciting stories emerged this week. From Fidelity announcing plans to create metaverse and ETFs, $405 million stolen in a crypto hack, Coachella planning to launch an NFT collection, and more.
Crypto Predictions for 2022; What Investors Could Look Forward to This Year
As we enter 2022, we can expect to see more cryptocurrency news related to government regulation, market volatility, and the desire of developing nations to move away from the American dollar standard or their national currencies. The crypto adoption continues into 2022.