3 July 2024

Howe Street Reporter Title

Category: Digital Asset Management

  • SEC Lawsuits Against Binance and Coinbase: A Damning Indictment of the Cryptocurrency Concept?

    SEC Lawsuits Against Binance and Coinbase: A Damning Indictment of the Cryptocurrency Concept?

    In an unprecedented move signaling increased scrutiny of the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has filed lawsuits against leading crypto exchanges, Binance and Coinbase. Allegedly, both exchanges knowingly violated securities laws, prompting the debate: is the entire concept of cryptocurrency fundamentally flawed, or even a sham? The SEC contends that Binance,…

  • Wellfield Technologies (WFLD.V) CEO posts update, revenue spikes

    Wellfield Technologies (WFLD.V) CEO posts update, revenue spikes

    It’s been held underwater for some time on the back of negative cryptocurrency sentiment, but former Equity.Guru client Wellfield Technologies (WFLD.V) appears to be finally making a run against the tides, with CEO Levy Cohen pointing out a large spike in revenues this quarter (based off unaudited figures) as Wellfield’s new subsidiary Coinmama.com begins to…

  • Three companies bringing the future of blockchain to your door

    Three companies bringing the future of blockchain to your door

    The blockchain and cryptocurrency markets have blown up and fractured into a billion different pieces, and that’s a good thing. Now instead of just gearing your potential investment opportunities towards miners, there’s options in the fields of fintech, hospital equipment, and plenty more. Let’s not forget about NFT or metaverse options either. Here are three…

  • Today’s Idea:  How to Buy Cryptocurrency in Canada

    Today’s Idea: How to Buy Cryptocurrency in Canada

    So you want to know about cryptocurrency, do you? If you’re here reading this now odds are good you don’t have the complete roadmap to get involved. You’ve maybe seen some ads online for Wealthsimple Crypto and thought you’d maybe like to get some crypto for yourself, but don’t know where to start. You’re in…

  • Today’s Idea:  DMG Blockchain Solutions (DMGI.V) is a frontrunner in the race for crypto regulations

    Today’s Idea: DMG Blockchain Solutions (DMGI.V) is a frontrunner in the race for crypto regulations

    Despite his brilliance, Satoshi Nakamoto couldn’t possibly have imagined what his simply written white paper would have opened up within the next decade. The Bitcoin Protocol has revealed an entire world of decentralization options free from government regulations, interference and intervention, where a truly democratic force out of the reach of the instruments of power…

  • This week in crypto: The China Side-Eye Edition

    This week in crypto: The China Side-Eye Edition

    The biggest spate of news actually happened last Friday and it’s China again. Now all cryptocurrency related transactions are effectively banned in China. The effects were immediate: Coinbase Global (COIN.Q) and Robinhood took a 3.5% dive, while MicroStrategy (MSTR.Q) lost 6.7%. Marathon Digital Holdings (MARA.Q) lost %8.1. It didn’t stop there, though. The commentary from…

  • This Week in Crypto:  Hand in the Cookie Jar Edition

    This Week in Crypto: Hand in the Cookie Jar Edition

    Given that the United States is once again going to the cookie jar to raise the debt ceiling and foist this generation’s financial issues onto the next generation (or the next after that… or after that) you’d think this week in crypto would be all about people bailing out of their positions, and piling their…

  • This week in crypto: standard regulation edition

    This week in crypto: standard regulation edition

    One of the biggest claims that hardline cryptocurrency aficionados offer is that cryptocurrency (and Bitcoin in particular) is regulation proof. It was a selling point for me back in 2014. You can’t regulate what you can’t find and decentralization comes specifically from that. The only way regulators could get at crypto is through the access…

  • This week in crypto: slouching towards a cautiously optimistic future edition

    This week in crypto: slouching towards a cautiously optimistic future edition

    It’s difficult to pinpoint exactly why confidence in Bitcoin’s future has jumped, but the likely culprit is that the Chinese bitcoin miners recently exiled from their ancestral homelands have made their way to to North America (and Russia and Kazakhstan) and set up shop. The hashrate and mining difficulty both enjoyed a bump, and now…

  • This week in crypto – sweating to death edition with RIOT.Q, CSTR.C, TAAL.C, HUT.T, NDA.V, LNK.C, COIN.Q, IDK.C, BIGG.C, PYPL.Q, VHI.V, GBLC.C

    This week in crypto – sweating to death edition with RIOT.Q, CSTR.C, TAAL.C, HUT.T, NDA.V, LNK.C, COIN.Q, IDK.C, BIGG.C, PYPL.Q, VHI.V, GBLC.C

    Here’s an interesting stat to start this crypto roundup off: “A study published in the journal Nature Climate in 2018 concluded that the growth of bitcoin could produce enough emissions by itself to raise global temperatures by 3.6 degrees Fahrenheit (2 degrees Celsius) as soon as 2033.” The publication is three years old, which means…