Veteran trader Scott Melker revisits some recent trades including a win on BTC and a loss on RVN. In my fourth trade journal, I am updating my previous Bitcoin (BTC) position as well as discussing the reasons that I have reentered a new long position on the same asset. I am also highlighting a quick […]
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The potential loss of Libra could be Bitcoin’s gain as the Facebook-led crypto project faces increasing regulatory challenges. Facebook’s dream of being a cryptocurrency giant is seemingly becoming more distant by the day, as increasing regulatory uncertainty continues to jeopardize the company’s Libra project. While Libra has been surrounded by anything but good news even […]
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Do you understand your tolerance for risk? Being armed with this knowledge is essential — especially if you’re interested in crypto. “Risk tolerance” is a buzzword that’s commonly bandied around in the investment world — and with very good reason. Although the phrase “no pain, no gain” has some truth — and there will always […]
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A Financial Times opinion piece continues Bruno Le Maire’s harsh criticism of Facebook’s unlaunched digital currency, Libra. France’s economy and finance minister has repeated his criticism of Facebook’s digital currency Libra, saying he cannot allow its existence. Le Maire: France has “clear position” on Libra In an opinion piece for the Financial Times on Oct. 17, […]
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For the past decade, crypto has been associated with illegal activities, and politicians have stayed away. Is the perception now changing? A Reuters report published on Oct. 8 claimed that Japan’s internal affairs and communications minister, Sanae Takaichi, confirmed to ministers in the country that crypto donations are not subject to financial regulations. However, in […]
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After the latest Binance Coin quarterly burn and record profits, Binance CEO says that the possible reasons for BNB price decline do not make much sense. Changpeng Zhao, CEO and founder of major cryptocurrency exchange Binance, said that the reasons why Binance Coin (BNB) dropped over 50% from its all-time high in June do not […]
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Bitcoin swiftly broke out of the $7,000 territory on Thursday as news the U.K. was leaving the European Union with a deal boosted markets. Bitcoin (BTC) climbed back above $8,000 on Oct. 17 as news the United Kingdom had agreed on a deal with the European Union over Brexit ricocheted through markets. Cryptocurrency market daily […]
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Economist Nouriel Roubini has admitted that Bitcoin “maybe is a partial store of value” while leveling his usual criticisms against cryptocurrencies. Economist Nouriel Roubini — also known as “Dr. Doom” for his prediction of the 2007-2008 financial crisis and a notorious critic of cryptocurrencies — has conceded that Bitcoin (BTC) is “a partial store of […]
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Three major Bitcoin sidechains currently have a combined balance of over 9,000 BTC, or $71 million. Almost $77 million of Bitcoin (BTC) is currently unavailable to use on the network — not because it is lost, but because it is locked up in sidechains. Bitcoin sidechains: a nascent market Data from block explorers confirms that […]
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The Sacramento Kings NBA basketball team is giving away 100 limited-edition, Ethereum-based collectible toys throughout the 2019–2020 season. The Sacramento Kings NBA basketball team has partnered with CryptoKaiju to launch crypto-collectibles. In a press release on Oct. 16, the Sacramento Kings announced a new collaboration with the creator of Ethereum-based Kaiju toys, CryptoKaiju. The companies […]
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