Cryptocurrency Blog

    MAY 02 2018

    Is Bitcoin Halal or Haram?

    This past April, the firm Blossom Finance based in Indonesia, published a 22-page working paper that declares Bitcoin and other cryptocurrencies compliant with Islamic financing or Shariah Law. The news comes at a time when a great majority of Muslims and clerics have been uncertain about whether or not bitcoin falls under the rules of Islamic banking and helps solidify the cryptocurrency among Islamic participants who have invested. According to the Islamic microfinance company, Blossom Finance, virtual currencies do qualify as Islamic money, unless it is banned by the local government.
    MAY 06 2018

    Cryptocurrency Markets Consolidate for the Next Big Move

    Two weeks ago during our last news roundup Bitcoin (BTC) and Ethereum (ETH) markets have started to see some recovery after the last four months of price downturns. This week cryptocurrency markets are steadily trying to hold its upwards momentum as BTC and ETH markets struggle today losing 4-6 percent in value over the past 24-hours. Currently, BTC prices are hovering around $9,500 and ETH values are averaging $790 per coin at the time of writing. Other cryptocurrencies such as Bitcoin Cash (BCH), Litecoin (LTC), and Cardano (ADA) are also steadily holding their market foundations.
    MAY 15 2018

    Learn the Safest Way to Buy Bitcoins With Just a Few Steps

    After learning about bitcoins, cryptocurrency, and blockchain technology many people often ask — What’s the safest way to buy bitcoins? There are various methods available these days that allow people to purchase cryptocurrencies like bitcoin, and after learning about this amazing technology figuring out how to purchase the digital asset is the next step on this wonderful journey.
    MAY 10 2018

    Bitcoin Price Predictions: 2018 and Beyond

    Over the years many people who are passionate about the decentralized cryptocurrency bitcoin have made some wild predictions of what the price would be a few years later. Some individuals predicted that bitcoin would reach phenomenal price ranges around $10,000-20,000 USD — The Fact is, lots of these believers were right, and the digital asset bitcoin reached an all-time high of $19,600 per BTC on December 16, 2017. Now in 2018, many people wonder what the new year will bring as far as bitcoin’s value and what kind of forecasts people have for the price over the next eight months and beyond.
    JUL 09 2018

    Digital Asset Markets See Some Price Spikes and Brighter Days

    Cryptocurrency markets are seeing some price recovery after last week’s dip as most digital assets are up between 8-15 percent over the last seven days. Today on July 7 the price per BTC is testing $6,740 again, after attempting to overtake the $6,800 region a few days prior. Most of the other top contenders have seen increased prices as well including Ethereum (ETH $495), Bitcoin Cash (BCH $771), Ripple (XRP $0.49), Cardano (ADA $0.14), Qtum ($9.23), Ethereum Classic (ETC $18.96), and Litecoin (LTC $85.67).
    JUL 01 2018

    Coinmama Coin Round-up

    A lot has changed since our last news roundup as cryptocurrency markets have dipped a bit in value since. At the time of writing Bitcoin (BTC) has an average price of around $6150 per coin and the total valuation of all 1600+ coins is around $248 billion today.
    JUL 23 2018

    How to buy bitcoin in India

    For those who reside in India and wish to buy bitcoins with a debit or credit card, this guide is for you. We aim to inform you on the current Bitcoin situation in India whilst also instructing you how to safely and legally purchase your own coins.
    JUL 26 2018

    How to Buy Bitcoin in the UK

    If you are in the UK and looking to become part of the Bitcoin revolution, this article aims to inform you on the current situation regarding Bitcoin in the UK, as well as how to purchase Bitcoin using either a debit or credit card.
    JUL 31 2018

    How to Buy Bitcoin in South Korea

    This article aims to inform South Koreans as to their current regulatory environment in regards to cryptocurrency, as well as explain how to buy Bitcoin using a credit or debit card from within South Korea.
    AUG 01 2018

    How to Buy Bitcoin in Indonesia

    If you’re an Indonesian citizen wishing to get involved in the dynamic world of cryptocurrency, this article will provide info on the regulatory environment as well as suggest how you can purchase Bitcoin within Indonesia using your credit or debit card.
    AUG 06 2018

    Coinmama’s News Roundup: Cryptocurrencies Hold Tight After a Few Dips

    This week cryptocurrency markets have been bouncing around in value as things have been a bit volatile. At the moment the cryptocurrency economy as a whole is valued at $262B and there’s about $10-14B worth traded daily on exchanges. Right now the average spot price for bitcoin (BTC) is around $7,080 USD per coin and many other digital assets are following closely with bitcoin’s market movements.
    AUG 13 2018

    How to Buy Bitcoin in Australia

    If you live in Australia, this guide will get you up to speed on Bitcoin’s status in your country, briefly covering Bitcoin’s history there and describing the current state of play. If you’re looking to get started with buying some BTC, this guide will also explain how to do so, using either a credit or debit card issued by VISA or MasterCard.
    AUG 15 2018

    How to Buy Bitcoin in Singapore

    If you’re in Singapore and looking to get involved in the Bitcoin revolution, this guide contains a quick rundown on the regulatory and tax situation in Singapore. We’ll also explain how you can quickly and easily purchase your own bitcoins from the Coinmama website, using any credit or debit card issued by either VISA or MasterCard.
    AUG 16 2018

    How to Buy Bitcoin in Japan

    If you’re in Japan and looking to get involved in the Bitcoin revolution, then this guide will explain the situation in your country in regards to regulation and taxation. We’ll also explain how you can quickly and easily purchase your own bitcoins from Coinmama, using any credit or debit card issued by either VISA or MasterCard.
    AUG 29 2018

    I Want to Buy Bitcoins!

    This guide will walk you through everything you need to know to get started with Bitcoin. We explain how to use our service to buy your coins - it’s really quick and easy. We also discuss the selection of a Bitcoin wallet, for managing and storing your Bitcoins (BTC).
    AUG 30 2018

    Coinmama’s News Roundup: Digital Currency Markets and Innovation On the Move

    During our last news roundup, we mentioned that Bitcoin’s (BTC) price was hovering around the $6,600 range and since then the digital currency and many other assets have seen some nice gains. At the moment BTC’s value is around $7,050 at the time of publication gaining around 10 percent over the last seven days. Meanwhile Ripple (XRP), Ethereum Classic (ETC), Bitcoin Cash (BCH), Ethereum (ETH) Qtum (QTUM), Litecoin (LTC), and Cardano (ADA) have seen bigger gains between 12-18 percent during the last week. Many traders and enthusiasts are hoping a trend reversal from bearish-to-bullish takes place this fall.
    SEP 06 2018

    How to Buy Bitcoin in Russia

    If you’re in Russia and looking to get involved in Bitcoin in the quickest and easiest way possible, this guide covers all the essential information regarding Bitcoin taxes and regulations in your country. This guide also explains how to use your any credit or debit card issued by either VISA or MasterCard to buy Bitcoin with Rubles in less than half an hour.
    AUG 14 2018

    How to Buy Bitcoin in Dubai

    Since the 60s under Sheikh Rashid bin Saeed Al Maktoum, the Emirate of Dubai has developed the city of Dubai at an extraordinary pace, culminating in the phenomenal growth seen over the last couple of decades. From a humble trading port, Dubai has been transformed into one of the most popular luxury tourist destinations in the Middle East, in addition to being the region’s undisputed financial hub.
    SEP 17 2018

    How to Buy Bitcoin in the USA

    In this article, we examine the current regulatory and tax situation in America. Thereafter, we explain how Americans can purchase bitcoins (BTC), using any credit or debit card issued by either VISA or MasterCard.
    SEP 05 2018

    ‎40 Surprising Facts about Bitcoin

    Here’s a collection of facts about Bitcoin which may surprise, amuse, or even shock you... ‎Hopefully, you’ll pick up some obscure facts which provide deeper insight into the fascinating ‎world of Bitcoin.‎
    SEP 23 2018

    How to Secure your Bitcoin

    This guide describes the various types of Bitcoin wallets from a security perspective, allowing users to select the most appropriate wallet for their storage requirements. As a general rule, the more bitcoin (BTC) owned, the more resources should be invested in security. Our guide also covers the common types of errors and attacks which are responsible for the majority of coin losses.
    SEP 27 2018

    How many Bitcoins are there?‎

    The short, approximate answer to this question is that there are nearly 17.275 million bitcoins (BTC) available at this time (September 2018), out of a maximum total supply of 21 million. This means that over 82% of all possible bitcoins have already been issued. The supply limit of ~21 million is expected to be reached around the year 2140, as coin issuance decreases exponentially over time.
    OCT 21 2018

    How to Buy Bitcoin in Germany

    German technical enthusiasts and experts have long been at the forefront of Bitcoin innovation and adoption. Since at least 2011, Berlin (and its Kreuzberg district in particular) has been renowned for its strong hacker culture. Germany has thus served as the vanguard of the Bitcoin movement across Europe - perhaps even the world. As demonstrated by recent Lightning Network hackathons held in Berlin in 2018, nothing has changed in the intervening years.
    SEP 20 2018

    How to Buy Bitcoin in Ireland

    In this article, we examine the current regulatory and tax situation in Ireland, and explore some of the more significant Irish blockchain groups and projects. Thereafter, we explain exactly how our users in Ireland can purchase bitcoins (BTC) either with credit/debit card or SEPA bank transfer.
    AUG 20 2018

    How to Buy Bitcoin in Malaysia

    If you live in Malaysia and want to become a (greater) part of the revolution in financial technology which is Bitcoin, read on. Our guide will inform you as to the current situation regarding the taxation and legislation of Bitcoin in your country. We’ll also cover how you can easily and quickly purchase Bitcoin for Ringgit, using any credit or debit card issued by either MasterCard or VISA.
    OCT 31 2018

    The Best Bitcoin Documentaries

    Documentaries can be a great way to learn more about a subject. Especially for a subject as complex as Bitcoin, a good documentary which presents relevant information in a compelling cinematic format, will greatly accelerate learning and recollection. If you’re interested in Bitcoin and looking to learn more about it; like how it works, its history, the people or companies involved, and so on, then we have several great documentaries to recommend!
    NOV 14 2018

    Bitcoin: the Future of Money?‎

    Bitcoin certainly fits neatly into this view of the future. Although still poorly-understood, Bitcoin is widely regarded as new and advanced, and therefore regarded as an almost inevitable part of our monetary future.
    NOV 21 2018

    Crypto Sunday is Coming This Weekend!‎

    The first ever Crypto Sunday event in history is occurring on the 25th of November, 2018. Get your coins ready for what promises to become one of the biggest annual events on the crypto calendar! Loads of special discounts will be available from the world’s top crypto-friendly businesses.
    NOV 27 2018

    How to Buy Bitcoin Online

    This article gives a quick rundown on the most popular methods to buy bitcoins online, listing their positive and negative aspects and contrasting them against one another. If you’re looking to get hold of your first units of bitcoin, this article will help you decide on the purchase method which best fits your circumstances.
    DEC 05 2018

    Brexit and Bitcoin

    The United Kingdom is set to leave the European Union on the 29th of March 2019, under Article 50 of the Treaty on European Union. This would represent a significant shakeup in world affairs and, possibly, lead to increased demand for Bitcoin as a monetary alternative to the Pound and Euro.
    DEC 09 2018

    The Bitcoin Revolution

    Technical aspects aside, the fact that Bitcoin is deflationary money in a (hyper) inflationary world is a significant departure from the norm - perhaps not fully “revolutionary” as precious metals also fulfill such a role. However, for those who got in at the right time, Bitcoin can certainly be said to have made a revolutionary change to their financial situation!
    DEC 23 2018

    Bitcoin Taxes in Australia

    In our December 17th article on Bitcoin Tax, we discussed the taxation of Bitcoin from a general and international perspective. That article covers the crypto regulatory and taxations agreement reached between major nations at the recent G20 summit in Argentina. Although the consequences of these agreements will take some time to manifest, they’ll likely alter the tax situation for Australian Bitcoiners. Forewarned is forearmed!
    DEC 17 2018

    Bitcoin Tax

    Few people enjoy paying taxes. This is especially true of those libertarians and crypto-anarchists who were some of the earliest adopters of Bitcoin. In their view, states had no involvement with the creation, development, or maintenance of Bitcoin, and therefore have little right to tax it.
    JAN 01 2019

    Bitcoin Taxes in Canada

    The Government of Canada’s official website contains a section on digital and crypto-currencies. There it is stated that crypto is not considered as legal tender. This is not to say that Bitcoin is illegal - indeed Bitcoin and other forms of “virtual money” are perfectly legal to use within Canada. However, such currencies are not recognized by law as an undeniable means of payment. Only Canadian bank notes and coins are considered legal tender within Canada.
    JAN 01 2019

    How to Add Money to Bitcoin Wallet

    Every so often at Coinmama, we get a question that makes us scratch our heads, rethink how we explain things, and go back to Bitcoin basics. Recently that question was “Can you tell me how to add money to Bitcoin wallet?”
    JAN 03 2019

    Bitcoin Taxes in the USA

    Most world governments do not recognize Bitcoin or crypto as legal tender, and the US is no exception. However, most governments tend to pigeonhole Bitcoin within a single, pre-existing category. This has the effect of streamlining taxation and regulation, as the rules governing that existing class are then simply applied to Bitcoin.
    JAN 03 2019

    How to Buy Satoshi

    One of the common myths about Bitcoin is that it’s too expensive to buy any, now that price has risen into the range of thousands of Dollars. While it’s true that a whole bitcoin (or 1 BTC) has become very valuable, what the myth fails to address is that it’s entirely possible to buy fractional amounts of bitcoin.
    JAN 16 2019

    Buy Bitcoin Instantly

    Is it Possible to Buy Bitcoin Instantly? ‎Yes, it’s a breeze if you already have an account setup and funded with a business that allows Bitcoin ‎trading. For example, if you have a verified account with Coinmama, then you can buy bitcoin (BTC) from ‎us with your credit or debit card, and have your coins within 20 minutes or less.