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.
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.