23 December 2024

Tag: HIVE Blockchain

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…

2 October 2021
AMPD, PAT, MTA, HIVE, MILE: Contrarian investing as the zombies climb over the walls

Okay, so the world is burning, the Russians and Saudis are pouring low-cost fuel over it, the Americans are shocked that a reality TV show host with a penchant for scams didn’t make a clever President, Italy is in total lockdown, the Japanese are thinking of holding a spectator-free Olympics, Israel is putting anyone coming…

10 March 2020
Deciphering Cryptocurrency: surviving the winter

There is lots of speculation about why Bitcoin is up this week ranging from an insecure reaction to Trump’s trade war with China, to new big names now accepting cryptocurrency. It’s too early to tell if this is the end of the crypto-winter or whether we’ll look back on this week as a type of…

18 May 2019
HIVE Blockchain (HIVE.V) posts financials, continues to drift

The crypto gurus at HIVE Blockchain (HIVE.V) posted financials for Q4 2018 today, and the documents make for interesting reading. While the big spotlight shines on revenues ($13m) and margin ($10m) for their mega crypto mining operations, and increases in mining efficiency, the organization’s annual net loss of $26m (of which $17.7m from with the…

20 July 2018
To make money in blockchain, invest in the people who do real business, not crypto

I got a document sent to me this week that I haven’t seen before, at least not in my inbox. The document was an ‘offer to rescind.’ I had placed some bets on some private blockchain deals nine months ago, and one of those had decided they were done waiting for the blockchain sector to…

28 June 2018
China’s strange love-hate relationship with blockchain

After the Great Data Rush of 2017, the blockchain sector is cooling. Opportunistic companies like “Organic Blockchain Landscaping” and “Zesty Blockchain Pizza” are melting in the spring rain. Crypto-miner Hive (HIVE.V) has sunk from $4.71 on October 31, 2017 to $1.26, while Bitcoin fell from a high of $20,000 to under $7,000. China has played…

2 April 2018
Welcome to the Big Show, DMG Blockchain (DMGI.V): Up 23% in second day of trading

Back in the 45 days of deep 2017 when the entire world thought everything blockchainy would be a billion dollar deal by Christmas, which ended on the day HIVE Blockchain (HIVE.V) let founders stock trade early, thereby (and properly) stepping on an insane tulipmania run, all that was needed to make a pubco double were…

15 February 2018
Psssst – wanna to buy some HashChain (KASH.V)?

We sat down yesterday and had a chat with the CEO of HashChain (KASH.V) a new blockchain cryptocurrency miner that’s about to go public in early December, 2017. HashChain is so new it’s still waiting to be assigned the “KASH” symbol. But we’ll keep calling it KASH. Because it sounds gangsta. The CEO of KASH,…

23 November 2017