Author: Crypto Insider

Launched in May of 2016, BitcoinIRA is offering investors the tax advantage of an IRA in return for a high-risk but high-reward alternative asset class. The company already has above 100,000 account holders, including clients starting the age of 18. BitcoinIRA launched in May of 2016, offering investors the advantage of a tax-free, self-directed Individual…

Twitter CEO Jack Dorsey hinted at integrating Bitcoin into Twitter services and new features, including Twitter Tip Jar and Super Follows. Jack Dorsey sees top cryptocurrency Bitcoin will be one of the key trends for the future of Twitter. During the second-quarter earnings call, the Twitter CEO suggested that Bitcoin will be a “big part”…

Amazon is hiring a digital currency and blockchain expert for its payments team. Although, for now, the major retailer doesn’t accept any cryptocurrencies as payment for its products, the posting might signals that Amazon is taking a more serious look at crypto. Amazon is seeking to hire an “experienced product leader to develop Amazon’s Digital…

Four US states – New Jersey, Alabama, Texas, and Vermont – have said New Jersey-based cryptocurrency platform BlockFi may have violated securities law by offering its interest-bearing accounts within their jurisdictions. All four states said the cryptocurrency platform did not register its BlockFi Interest Accounts (BIAs) with state regulators and that they may be unregistered…

What is mining? Mining is the process of creating valid blocks that add transaction records to Bitcoin’s (BTC) public ledger, called a blockchain. It is a crucial component of the Bitcoin network, as it solves the so-called “double-spend problem.” The double-spend problem refers to the issue of needing to find consensus on a history of…

Bitcoin surged above $39,000 on Sunday for the first time since mid-June after recent bullish comments from Twitter CEO Jack Dorsey and Tesla CEO Elon Musk. Experts attributed the moves to the lowering concerns over the environmental impact of Bitcoin mining and China’s regulatory crackdown. Despite a recent fall below $30,000, Bitcoin surged up nearly…