FACT CHECK: Reddit Co-Founder Says Ether Will Reach $15,000
Alexis Ohanian, a co-founder of Reddit, misspoke when he said Ether (ETH) will reach $15,000 in 2018. He mean to say the much more reasonable $1,500.
The 12 and 26 Day Bitcoin EMAs Are a Good Gauge of Crypto Trends
One of the simplest ways to gauge the medium term price trends of the crypto market are the 12 and 26 EMAs on Bitcoin on daily candles (the only indicators on GDAX).
Cryptocurrency: Investment Phase Vs. Utility Phase
Coinbase’s CEO Brian Armstrong wrote an article about the current state and future of cryptocurrency. I’d like to address one point he made, the concept of an investment phase and utility phase in cryptocurrency.
1% of Mastercard Purchases Before the Crypto Ban Were on Crypto
Crypto wallet funding accounted for 1% of ALL Mastercard purchases in Q4 2017 and Q1 2018 before the crypto credit card ban.
What is a Fair Price for Bitcoin?
Some people think Bitcoin is worth $20, others think it is worth over $200k. Can we come up with a fair price that isn’t based on sentiment or logarithmic charts? I think we can.
There is a Chance Ethereum and Other ICOs are Securities
Ethereum, TRON, OMG, NEO, EOS, and more are all ICO platforms and many originated as ICOs. If the SEC considers ICOs securities, then about 1/2 of cryptos are securities.
Top Ten Best and Worst Things About Cryptocurrency
Here is a top ten list of the best and worst things about cryptocurrency. The idea of this list is to express what I consider to be some amazing benefits and glaring sticking points.
Over 17 Million Bitcoins Mined, Only 4 Million More to Go
Over 17 million Bitcoins have now been mined. That means there are only 4 million more that will ever be mined.
Is the Market Being Manipulated Due to Futures Contracts?
There is a theory that the Bitcoin market is being manipulated by investors who hold futures contracts. The idea being that this explains the price action of 2018. I discuss that theory and offer opinions on it.
NASDAQ CEO Open to Crypto and NASDAQ Collaborating with Gemini
NASDAQ CEO Adena Friedman said the exchange was open to becoming a platform for trading cryptos once regulation was ironed out. NASDAQ also announced they will be collaborating with Gemini in the meantime.