Recent Articles

February 15, 2018

3:10 PM

Crypto Week in Review: Falling Down the Stairs and Landing on Their Feet

It’s been a wild week for all kinds of asset classes, and crypto is no exception. Bitcoin, the flagship cryptocurrency, ends the week well over where it began it last week, just over $8,160 per bitcoin a week ago, but climbing to $8,620 early Monday, thanks to an early morning surge that saw the currency […]

February 05, 2018

9:33 PM

Cryptocurrency Markets Falling as Governments, Banks Tighten Up

It’s getting ugly in the cryptocurrency market. Bitcoin hit nearly $20,000 at its heady December 18th peak. But latecomers to the market have gotten a nasty shearing, with bitcoin prices falling to as low as $7,614 on Friday. We’ve seen a bit of a bounce back over the weekend, as bitcoin is selling for $8,335.52 […]

January 29, 2018

7:09 PM

$500 Million in Crypto Assets Stolen From Coincheck Exchange. Market Shrugs.

Security is still a serious issue in the cryptocurrency world. Japanese investors who awoke Friday morning to check their crypto portfolios at Coin check, a major exchange in that country, would have found that cybercriminals had broken into the system and stole more than 58 billion yen worth of NEM coin. That amounts to over […]

January 23, 2018

3:43 PM

Cryptocurrencies Plunge on Release of Two Big Negative Reports

It’s been a rough week for bitcoin. A week ago, the oldest digital currency was sitting at $14,000. As of Monday morning, January 22nd, it’s at $10,639. But that only hurts the Johnny-come-latelies. If you bought bitcoin before December 1, you’re still sitting on a profit for all those transactions. As of this writing, anyway. […]

January 10, 2018

3:11 PM

Ripple Gets a Haircut and Crypto Currencies in Pension Funds? Don’t Laugh

Well, it was fun while it lasted. But Ripple, the runaway ROI winner for 2017 with a 35,000 percent return, is starting to give back some of those gains. Ripple dropped more than 25 percent on Monday, and as of press time, mid-afternoon on the 9th January, has shed another 11 percent so far today. […]

December 12, 2017

3:03 PM

Bitcoin Futures Surge in CBOE Debut

Bitcoin is continuing its phenomenal upward march, trading at $16,7300 as of this writing (mid-day Monday, December 11th Bitcoin prices got a boost over the weekend, rising 20 percent on Sunday as bitcoin futures got their debut on the Chicago Board of Exchange Futures Exchange. The product is apparently popular: Visitors swamped the CBOE website, […]

September 26, 2017

6:56 PM

Bitcoin Bruised but Unbroken After Jamie Dimond Attack

Bitcoin prices are still off this month, after speculators suffered a one-two-three punch combination that rattled crypto markets earlier this month. First, the Chinese government essentially banned ICOs within the country, sending bitcoin prices plummeting to 40 percent below their all-time highs – not that we haven’t seen that before. Then on Wednesday of last […]

September 19, 2017

5:19 PM

Blockchain Technology: The Root of the Cryptocurrency Revolution

Blockchain, the brainchild of an elusive programmer and computer expert who goes by the pseudonym Satoshi Nakamoto, appears poised to enable the Internet to make a quantum leap. Blockchain technology makes it possible for information to be transmitted without being directly copied. This is the innovation that is at the root of the cryptocurrency revolution. […]

September 13, 2017

5:15 PM

What’s Behind the Chinese Crackdown on ICOs?

Bitcoin prices fell more than 5 percent early this week thanks to a decision by Chinese regulators to ban organizations from using initial coin offerings (ICOs) to fundraise. Bitcoin fell from USD $4,584 to USD $4,350 within hours of the announcement, and has continued to decline: As of this writing on September 6th, 2017, bitcoin […]