Opinion Featured Onchain: Miner capitulation, stablecoin tango, CeFi contagion continues Story One Bitcoin miners are the latest forced dumpers of the crypto crash First they came for the shitcoins and NFTs. Then the CeFi lenders. Now it’s the Bitcoin miners who are feeling the heat from crypto’s version of armageddon. Miner capitulation is a well known phenomenon in
CoinJar Exchange Featured CoinJar Exchange account statements are here Get tax ready with comprehensive transaction and balance statements. If you’re a crypto business or professional trader, tax time can be doubly complex. We’re happy to be making it easier for CoinJar Exchange (https://www.coinjar.com/exchange) customers with the release of comprehensive CSV account statements. These
Opinion Featured Offchain: Lessons from the GFC Crypto firms are collapsing under the weight of bad bets, excess leverage and poor risk management. What can the GFC tell us about what comes next? The implosion of the LUNA-UST ecosystem in May was the starter’s pistol on a rapid-fire and comprehensive bout of deleveraging that has left
Company & Product Instant Buy just got more instant Apple Pay and Google Pay™ now available with CoinJar Instant Buy in the UK. You can now use Apple Pay and Google Pay to purchase crypto instantly, straight from your phone. All you need to do is choose Apple Pay or Google Pay when you buy crypto in the CoinJar
Opinion Featured Onchain: CeFi meltdown, Grayscale rejected, Bored Ape lawsuit Story One The horrible, no-good, very bad story of CeFi continues. Contagion was the theme of last week’s Offchain, but the news hasn’t gotten any better in the intervening seven days. The list of centralised yield providers to have halted withdrawals or otherwise signalled their deep financial distress
Tax Featured Crypto Tax in Australia 2024: Everything You Need to Know Taxable income Tax on this income 0 – $18,200 Nil $18,201 – $45,000 19c for each $1 over $18,200 $45,001 – $120,000 $5,092 plus 32.5c for each $1 over $45,000 $120,001 – $180,000 $29,467 plus 37c for each $1 over $120,000
Tax Featured Crypto Tax UK in 2024: Everything You Need to Know If you’ve engaged in any sort of cryptocurrency transaction over the last year, it’s highly likely that you’re going to have to report it in your tax return. Transactions include, but are not limited to, buying, selling, trading, mining, staking, giving and/or receiving cryptocurrency, and this
Opinion Featured Offchain: Contagion What DeFi giveth, DeFi taketh away AKA why unsustainable yield both started and killed the bull run. Do you remember DeFi summer? That magical period in mid-2020 where people were chasing 10,000% yields, mining liquidity and getting rug pulled by food-themed protocols on a daily basis? I mean, who
Company & Product Featured Instant Buy just got more instant Apple Pay and Google Pay™ now available with CoinJar Instant Buy in Australia. You can now use Apple Pay and Google Pay to purchase crypto instantly, straight from your phone. All you need to do is choose Apple Pay or Google Pay when you buy crypto in the CoinJar app.
Opinion Featured Onchain: Celsius wobbles, 3AC in strife, the trillion dollar club no more Story One It’s getting hot in here You may or may not have heard of Celsius, the much heralded crypto unicorn that offered people “up to 18.63% APY” on their crypto deposits. Well, much like LUNA before it, Celsius has been discovering that offering people unsustainable interest rates
Opinion Featured Offchain: Goodbye to the Wild West America has released its first comprehensive cryptocurrency legislation. Is this the beginning of the end for crypto’s Ludicrous Era? For most of Bitcoin’s history, the OG crypto followed a familiar pattern: China made it, America bought it. As a result, moves by either player always had an outsize
Company & Product Featured Important changes to CoinJar deposits We’re streamlining the way you deposit money into your CoinJar account. As a result, you’ll need to update your deposit details. Please take this opportunity to delete any saved CoinJar PayID or BPAY details from your internet or mobile banking. These details will cease working on June 27,
Opinion Featured Onchain: LUNA 2.0, Commonwealth Bank backdown, new VC funding record Story One And in the third week, it rose again Remember LUNA-UST, the so-called stablecoin whose US$45 billion collapse brought the crypto industry to its knees? You do? Because it was only three weeks ago? Well, it’s back, baby, and it’s… basically the same but without the
Promotion Featured Test your wits against Brentford’s best to win a signed team shirt The EPL season is over and we couldn’t be prouder to be the official cryptocurrency partner of Brentford FC, who’ve finished the season with 13 wins, 7 draws, and a guaranteed spot in the next season. Brentford and CoinJar share a passion for smart investments, so we quizzed
Opinion Featured Offchain: This Time is Different As the chill of a new crypto winter sets in, the past offers itself as a flawed guide. Last year, during the height of the mania, people started talking about cryptocurrency launching into a new “supercycle” – basically a paradigm shift wherein the familiar boom-bust cycle would be replaced by one
Opinion Featured Onchain: Terra collapses, Tether withdrawals, terror reigns Story One The death spiral we had to have I wrote my first story about Bitcoin in 2011. In the 11 years since, I’ve spent a lot of time reading, writing and thinking about cryptocurrency. So, trust me when I say that the rapid-fire implosion of the LUNA-UST ecosystem
Company & Product Featured We’ve made a few changes Cryptocurrency has come a long way in the last few years and so have we – and now we finally have the website and logo to match. Introducing the brand new coinjar.com. From the free-to-activate CoinJar Card to pro-trading site CoinJar Exchange, from our institutional suite of products to our
Opinion Featured Offchain: When The Frost Thaws The much prophesied collapse of LUNA–UST has come to pass. Is this the beginning or the end of the crypto suffering? The biggest story in crypto right now is undoubtedly the bank run on UST. Far and away the largest of the algorithmic stablecoins (i.e. those governed by
CoinJar Exchange Featured CoinJar Exchange levels up Improved display and sharper design on our pro trading platform You spoke. We listened. Introducing the new, high-performance CoinJar Exchange. We’ve made a host of tweaks and upgrades to our pro trading platform, including: * All new orderbook display. * Customisable, information-rich design. * Adaptive scrollbar for easier graph navigation. * Layout performance
Opinion Featured Onchain: Bitcoin tops $100, Mt Gox gets sued, the real Satoshi? (Yes, it's May 2013) Story One Bitcoin breaks the magical US$100 mark Can you believe it? I barely can and it’s my job to be optimistic about Bitcoin. Remember being at Christmas last year and having to explain to your family that, no, your magic internet money hasn’t exploded in value
Promotion Featured Become a SHIB millionaire We’re turning 9 and giving you the chance to win up to 99,999,999 SHIB Nine years: it’s a long time in the crypto world. When we opened our doors all the way back in May 2013, it was hard to believe that we would one day
Company & Product Featured PAXG now available on CoinJar Buy and sell physical gold with the Paxos Gold token We’re thrilled to add Paxos Gold to the CoinJar lineup, giving CoinJar users the ability to buy, sell and hold physical gold – and with CoinJar Card, you could even spend it. Update your app to access the full available
Opinion Featured Onchain: Australia gets an ETF, North Korea hacks, Merge delays Story One ASX greenlights the first Australian Bitcoin ETF While all the focus is understandably on the prospects of a US Bitcoin ETF, Australia has gone and put itself in the history books by announcing that our first spot Bitcoin ETF will start trading next week. While the approval process
Opinion Featured Offchain: Green with Envy After the Merge, Ethereum’s energy usage will drop by 99.95%. Is there any hope for Bitcoin? Of all the things to look forward to in Ethereum’s upgrade to a Proof-of-Stake network (AKA ETH 2.0, AKA The Merge) one of the most important is surely the colossal
Opinion Featured Onchain: Apple rumours, crypto’s biggest hack, the UK’s NFT play Story One More rumours about Apple’s entry into the crypto space In what’s becoming the Groundhog Day of crypto rumours, we’re once again seeing chatter that Apple is going to announce something crypto-related in the near future – and perhaps even this week. The proximate cause for the