A Theory on Why ETH and ZRX are Mooning?
One may have noticed that ETH and ZRX are “mooning” and NEO, TRX, ARK, and a few others are holding up well. These all have something in common.
Bank of America Clarifies its Stance on Crypto on CNBC
Bank of America previously banned crypto credit card purchases and Bitcoin stocks. Today on CNBC they clarified their stance on crypto.
New York AG Eric Schneiderman is the Same AG Who Went After Crypto
New York AG Eric Schneiderman stepped down after some scandalous news broke. This is relevant to crypto as that is the same Schneiderman who had just put out a crypto inquiry.
Bill Gates Vs. Tommy Lee
Bill Gates said he would short Bitcoin if he could (he can) and Tommy Lee of Fundstrat thinks Bitcoin will go to $25k. Time will tell who is right.
Bytecoin (BCN) Pumped So Hard it Crashed the Network
Bytecoin (BCN) got pumped so hard after being listed on Binance that it essentially crashed the Bytecoin network.
NYSE Parent Company Working on Bitcoin Trading and Custody Service
According to the New York Times, the parent company of the New York Stock Exchange (NYSE) has been working on an online trading platform that would allow large investors to buy and hold Bitcoin.
Crypto Search Trends Aren’t up, But Big Players are Entering
Crypto search trends are down considerably from the run of 2017 – 2018, and while there is a slight uptick in new retail adopters, most of the new blood seems to be institutional investors.
The Manic Depressive Nature of Crypto
As more people enter the crypto space, large investors, institutions, states, etc, they seem to be adopting a tone that mirrors the manic depressive nature of crypto.
May 7th SEC Meeting on Ethereum as a Security?
The Wall Street Journal previously reported the SEC was having a meeting today (May 7th) on whether or not some cryptos, like Ethereum and its ICOs, are securities.
Will Bitcoin Go to $10k This Weekend?
Will Bitcoin go to $10k this weekend? I muse on the possibility of saying hello to our old friend Mr. Ten Thousand Dollars.