Tag: Bitcoin
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Cryptocurrency Guide for the Perplexed: Monero (XMR)
Cryptocurrency has a number of different problems and one of them is that it’s not even remotely private. Transparency is baked into the system for most coins. Anyone can see what’s happening right now on Bitcoin’s blockchain by going to https://www.blockchain.com/explorer and after a search and a few clicks, you can find out what’s going…
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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…
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The Cryptocurrency Guide for the Perplexed: Tether (USDT)
Today we’re talking about Tether (or USDT, they’re used interchangeably). They’re presently the fifth largest cryptocurrency by market cap and the first among stablecoins by dint of being the oldest, but not necessarily the best. We will probably never see another stablecoin rise to take its place, and if we do it’ll be dirtier than…
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The Crypto Climate Accord and a carbon free future for cryptocurrency
We need to talk about cryptocurrency’s carbon problem. Right now the Bitcoin network alone gobbles up more power than the entire nation of Sweden. That’s a big network. It spits a new block reward of 6.25 bitcoin every ten minutes, each worth approximately $61,568.60 at the time of writing, and Bitcoin is presently down a…
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This Week in Crypto: Typical Bubble edition
It’s getting a little hard to keep track of who does and who doesn’t like Bitcoin. This week, George Soros offered an endorsement whereas three years ago he panned it, calling it a “typical” bubble. The head of Soros Fund Management argued thi sweek that it has even more long term potential. “I’m not sure…
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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 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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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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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…