Author: Ryan Tucker

In another piece of positive news for Bitcoin, recent research indicates that Bitcoin’s mining network is growing more and more decentralized. That’s a positive for Bitcoin, as it means that no one network could threaten a potential “51 percent attack” and unilaterally rewrite Bitcoin’s rules. And the more decentralized the network becomes, the less likely […]

To many in the cryptocurrency world the announcements surrounding the Venezuelan government’s petro cryptocurrency token were almost taken as a joke. With few details ever published about the cryptocurrency’s basis, how it would work, or how sales would be made, no one expected the petro to ever get off the ground. That didn’t dissuade the […]

With government agencies shutting down and furloughing their employees for the past month, not much has gotten done. While that hasn’t affected overall cryptocurrency markets too much, it has affected specific projects that are dependent on federal approval. And because the outlook for the government reopening was looking so bleak, the shutdown last week claimed […]

With the federal government now having been “shut down” for a month, we’re starting to hear more and more accounts of the toll it is taking. While much of the focus has been on government workers and the hardships they’re having to endure by working without pay and missing paychecks, there are more and more […]

The government of the state of New York has become infamous among Bitcoin enthusiasts for its antipathy towards Bitcoin and cryptocurrencies. With the world’s financial center residing in New York City, it would only be natural for New York to become a center of Bitcoin and cryptocurrency innovation. Yet the New York government continues to […]

Many investors are undoubtedly unhappy that Bitcoin is well away from its $20,000 highs. That goes the same for cryptocurrency miners too, many of whom are idling their equipment or even trying to get rid of it as Bitcoin has dropped below the price needed for many miners to recoup their energy costs. But with […]

If cryptocurrencies were the talk of 2017, initial coin offerings (ICOs) were the talk of 2018. But while ICOs got a lot of attention from investors in 2018, they also attracted a lot of attention from regulators. With such a hot cryptocurrency market fraudsters began to infiltrate. US authorities shut down numerous ICO operators, prosecuting […]

Barely a month after its first sale, Venezuela’s oil-backed cryptocurrency the petro has more than doubled in value. That’s a great sign, right? Well, not really. The petro’s value is pegged to the Venezuelan bolivar, and the bolivar continues to weaken as a result of the Venezuelan regime’s hyperinflationary monetary policy. So the revaluation of […]

In the wake of the G20 meeting in Argentina last week, the G20 leaders issued a joint statement that they would “regulate crypto-assets for anti-money laundering and countering the financing of terrorism in line with FATF standards.” That sounds like a throwback to the days when Bitcoin was new and edgy, and telling people you […]

The one major step that would both herald the arrival of cryptocurrency as a viable currency and hasten its adoption by the mainstream is its acceptance for tax payments. Just as the paper dollar was only finally accepted by merchants and individuals once it became a means of payment for taxes and duties, so too […]