For a long time Cryptocurrency appeared to be dying a slow death. The initial hype around it had dissipated, thousands of people across the globe had lost money, some very large amounts, with regulators and governments content to leave the technology rot. Now, out of nowhere, Cryptocurrency has a new lease of life given to […]Read More Can Facebook save Crypto
Over the past three months there has been a sharp fall in the value of all major Cryptos. These falls have accelerated in the past two weeks in particular with Bitcoin now below $4,000. Other major coins like Monero and Stellar have declined even more in percentage terms in recent weeks. Is there an end […]Read More The Crypto Bubble has burst and nobody cares
In the last 5 days there has been a massive price surge in the price of Ripple. What’s going on ? Speculation is mounting that the team behind Ripple are about to launch a commercially available service called xRapid. This service will allow Banks and other financial entities to make extremely quick foreign exchange transfers […]Read More What’s happening with Ripple ?
After some delay the Irish taxation service, the Revenue Commissioners, have finally issued guidance on how they see Cryptocurrency being taxed in Ireland. This is very helpful to everyone who has bought, sold and held Cryptocurrency in the last 12 months in particular. The guidance states: As with any other activity, the treatment of income […]Read More How Cryptocurrency is taxed in Ireland
So far 2018 has been a volatile year for investors in Cryptocurrency. The year started with most major types of Crypto’s being valued at all-time highs after an unprecedented rise in prices throughout 2017. This optimism was promptly followed by a serious bout of pessimism with markets entering a major sell off only weeks into […]Read More THE STATE OF THE CRYPTO MARKETS TODAY
The world can be a volatile place. In recent weeks we have seen increased levels of political instability in the Middle East, tension between the United Kingdom and Russia along with an acceleration in the ferocity of several ongoing conflicts in Africa. For most of the readers of this article, the events above are distant […]Read More Cryptocurrency and War
There are a variety of different places across the world where you can buy, sell or exchange Crypto. The most popular way to do it though is on a dedicated Cryptocurrency exchange. There are many exchanges now operating across the globe, with a very small number of those accounting for most of the trading in […]Read More Why is Crypto Currency so expensive in South Korea?
2017 was a big year for Cryptocurrency with the value of most major coins growing enormously over the past 12 months. Investors from all over the world recognised the potential of Cryptocurrency as a game changer and decided to get involved. Investment was not limited to the coins themselves but also the underlying Blockchain based […]Read More The Dangers of backing an ICO
This is a question that usually gets a simple answer. That answer being that Bitcoin is not regulated in Ireland. However whilst that may be the formal position of the government and regulatory authorities, that is not always the case in reality. The Official Position The Central Bank of Ireland regulates the Irish financial services […]Read More How is Bitcoin regulated in Ireland?
This month the head of the International Monetary Fund, Christine Lagarde, published an article which will not be welcome reading for supporters of Crypto. In essence the article painted Cryptocurrency as purely a conduit for illegal activity with no positive attributes. If this really does represent the view of such an important supranational body then fears […]Read More The IMF view on Crypto is wrong