Category: Cryptocurrency

If there was a hot trend in cryptocurrencies this year it was initial coin offerings (ICOs). With cryptocurrencies starting off 2018 at the front of everyone’s minds, numerous companies sought to jump into the field by offering various coins. Many of those coins operated in a way similar to securities, raising funds for the company […]

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 […]

In a sign that federal authorities are getting serious about cracking down on fraud in the cryptocurrency world, the Securities and Exchange Commission (SEC) recently announced its first case settled over alleged fraud in touting initial coin offerings (ICOs). The case is significant in that it targeted some of the biggest names in sports and […]

Many pundits have pounced on the fact that Bitcoin recently dropped to $4,000 as a sign that the cryptocurrency revolution has run out of steam. But that ignores the clear fact that Bitcoin investing, just like any sort of investing, is all about the long game. Sure, if you focus on short-term price moves 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 […]

One of the concerns that many investors have when it comes to cryptocurrencies, as with any investment, is the fear of losing money. But cryptocurrency investors aren’t just afraid of their assets losing value, they’re also afraid of losing their money to frauds, schemes, and hacking. With many cryptocurrency exchanges having been subject to hacks, […]

CoinIRA Ambassador and former Congressman Ron Paul recently posted a Twitter poll asking his followers the following question: A wealthy person gifts you $10,000. You get to choose in which form you’ll accept the gift. But there’s a catch: You must keep the gift in the form that you choose for 10 years without touching […]

With Venezuela’s oil-backed cryptocurrency the petro being lambasted by cryptocurrency enthusiasts and governments alike, its future isn’t looking all that great. But that hasn’t deterred Venezuelan officials from continuing to push the new currency. In fact, Venezuela’s oil minister recently announced that he intends to pitch the petro to OPEC as a digital currency to […]

The disruptive nature of cryptocurrencies caught governments and regulatory agencies largely flatfooted. They didn’t know how to respond to Bitcoin, Litecoin, Ethereum, and other cryptocurrencies. Nor did they know how to react to the development of initial coin offerings (ICOs). In fact, just about the only thing that they have acted upon for certain is […]