Not many people paid attention to the announcement made last week that Tether is issuing a new gold-backed stablecoin. After two weeks of trading, it has a verified market cap of $6.3 million i.e. that’s how much Tether has been sold on the open market. That doesn’t sound like much, but that’s six million in two weeks with… Read More »
Newsletter writers HATE to put out copy when terrible afflictions grip the world, as they so often do: https://gisanddata.maps.arcgis.com/ In the world of financial publishing, nobody wants to be labelled a vulture (“Buy this stock because of THIS natural tragedy”). But people want to hear (and read) what other people think about the great issues of our day… Read More »
Every once in a while a friend, family member, or acquaintance asks me if they should buy bitcoin. And the answer, 99% of the time is: “oh sure if you don’t mind it going down after you bought it.” Because, in my six years of owning bitcoin, nobody buys into any kind of crypto for the first time… Read More »
The first story of the year usually writes itself.January is traditionally the slowest time of the year for cryptocurrency, as much of Asia readies itself for the Chinese New Year. For the last FIVE years, bitcoin has shown negative returns in January. It’s by far the worst month of the year for crypto. But at present time of writing,… Read More »
Déjà vu, pronounced day-zhaa voo, is French for “already seen.” It describes the fascinating and strange experience where you feel that something is very familiar but you also know that this feeling of familiarity should not be as strong as it is. Back in 1999, I nearly broke my arm patting myself on the back because I bought BCE Emergis just under… Read More »
Everybody is grumpy because it’s been five consecutive months that bitcoin has either a) done diddly-squat or b) declined: For all of 2019, there have only been THREE months where bitcoin has recorded a gain of more than 20%. That’s not enough for the go-go crowd and already my Twitter is lit with people announcing they are quiting crypto.… Read More »
