Before starting this article, I would like to give a few words of empathy to all of the investors, small and large alike, for their loss with BitConnect. We all know what the end result was (a market crash of over 80%), but we don't know the real reasons why. Here are some potential theories about…
Opinion
While, officially, Bitcoin continues to be illegal in Russia, President Vladimir Putin embraced blockchain technology in 2017 after a famous meeting with Ethereum designer Vitalik Buterin. Last summer we heard rumors of a Crypto-Ruble but no details. Today we have some more details but there are still a ton of questions to be answered. According to…
Novusphere is a blockchain research project that has been active since 17th April 2017, and it began its work through an ICO that generated $2,309,843. The total token issued as a result were 110,357,343 ATMS out of which 10 million tokens were retained by the developers to be used to finance the work necessary for the…
The past few weeks have been a whirlwind of whipsaws in the cryptocurrency markets. Since Bitcoin’s peak in early December it has been one headline after another keeping crypto-investors and traders on edge as governments around the world make statements ranging from the ominous to the obscure. South Korea’s own government can’t get its story straight.…
Earlier in the week I published an article detailing how I thought a cryptocurrency apocalypse would go down. Long story short, as I’ve discussed in previous articles (here and here) conditions persist that can and will make it easy for the entrenched banking interests to subvert and control the cryptocurrency markets where it matters most… ……
2017 will likely be remembered as the Year of the Blockchain. There’s no doubt in my mind that blockchain technology is here to stay and will alter the way we organize and distribute capital within the global society. But, at the same time, as I look around (admittedly within my own myopia) I see the explosion…
The U.S. has truly woken up to the phenomenon of cryptocurrencies. And because of our need for having the best securities laws in the world (slight sarcasm), it is fiendishly difficult for Americans to get any kind of service by the industry. For months now, I’ve been holding the hands of my subscribers get started…
Embedded in the new tax bill are two changes that could have far-reaching implications for cryptocurrency investors. These changes were made at the last minute in the Senate version of the bill, likely after the failure of Segwit2x, which many in the crypto-community felt it was a backdoor takeover attempt by Wall St. of Bitcoin. The…
As Bitcoin breaks one new high after another, it is putting tremendous stress on the infrastructure of the crypto-space. The rise in volume on Coinbase’s exchange, GDAX, caused that exchange to fail. It was difficult to match orders and get an accurate price quote. Arbitrage between GDAX and the other major exchanges topped at $2,000. This…
The dramatic push by Bitcoin up to $11,400 and back to $8,800 in one insane day earlier this week is the shape of things to come. While everyone has their eyes on Bitcoin though, quietly, the Dow Jones Industrials have gone vertical as well. And no one seems to understand why, and what intimately connects…