Category: Finance
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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…
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This weeks stock pick is Enthusiast Gaming Holdings (EGLX.T)
In terms of revenue, Tencent (“TCEHY”) is the leading gaming company on the planet. In 2020, it grossed more than RMB156.1 billion (USD$25 billion) in online games sales which is 25% of the firms’ total sales. The Chinese enterprise owns stakes in several noteworthy game publishers, game developers, and live streaming platforms. Tencent’s proprietorship in-game…
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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…
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5 Things I Didn’t Know About the Esports Industry
The rapid increase in the popularity of the E-sports industry is a best-case scenario of the integration between traditional entertainment and the new age of digital media. Although the industry has breached the 1 billion mark, there is still much work to be done by companies in the industry. Usually, with these sector roundups, we…
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This Week in Crypto: News You Can Trust Edition
Because we’re all about value let’s start this out with some fake news. Walmart (WMT.NYSE) decidedly did not partner with Litecoin, despite news published earlier this week that did the rounds with multiple sources. Charlie Lee, the brain behind Litecoin and leader of its peoples, said the news was fake. Walmart quickly quashed it on…
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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…
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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…
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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…
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This Week in Crypto: A cryptocurrency and blockchain roundup featuring LNK.C, MARA.Q, CSTR.C, HUT.T, BTCS.OTCQB, CWRK.C, GLXY.T, APP.C, GBLC.C
Most of the news you’re going to find on public companies in the crypto and blockchain space is going to be on mining. Sometimes you’ll see a company on the periphery of decentralized finance, or in the burgeoning sub-sector of cryptocurrency custodianship, but mostly it’s miners. This week isn’t much different. But mining itself also…
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Ethereum Rips on London Fork EIP 1559, Smoothing Transactions and Gaslight Fees.
I don’t like to be the guy to say “I told you so”, but DAMN! I told you so! From a technical perspective, all the stars were aligned for Ethereum to rip higher! When you approach trading as a business of probabilities, the goal is to align as MANY positive confluences as possible! If you…