his morning I added to my position of Blockchain Intelligence Group (BIGG-TSXv). I also have a small position in Bluesky Digital Asset (BTC-CSE) and just bought some Cryptostar (CSTR-TSXv). BIGG has been on a run this last month, but Bluesky and Cryptostar are still flying under the radar. I first covered BIGG back in 2017. They have a nice business auditing blockchain transactions… Read More »
For the last ten years, I have invested in junior gold exploration stocks, oil and natural gas stocks, and cryptocurrency. Oil and gas gave good returns for the first part of the decade, but for the last five years it’s been a rough go, even before the pandemic. Meanwhile Tesla’s stock price has gone from…. Never mind, let’s… Read More »
With bitcoin up 58% this year and Ethereum also having a great year (up 193%), stocks with exposure to crypto are riding the wave. But there’s problem: Finding publicly traded companies with serious exposure to crypto. One of the very few pure “crypto-stocks: is Riot Blockchain (RIOT-NASDAQ), which is up 225%: And another one has been Galaxy Digital Holdings (TSX-GLXY-T): And that… Read More »
First the bad news. The bloodbath continues in the land of Ethereum tokens: This is not a surprise to anybody willing to look at the state of the Ethereum network. It has been running at full capacity for months, and as a result, gas prices are ridiculously expensive: I need to explain this chart to you. The price of… Read More »
Yesterday, the founders of BitMEX, the largest cryptocurrency derivative exchange in the world, found itself in a heap of trouble Washington, D.C. — The Commodity Futures Trading Commission today announced the filing of a civil enforcement action in the U.S. District Court for the Southern District of New York charging five entities and three individuals that own and operate… Read More »
Historically for crypto, September is by far the worst month of the year, as noted four weeks back: “A Good Argument to Sell, Then Buy Right Back.” Right on schedule, everything tanked: Bitcoin is flirting with $10k, after starting the month at $12,000. Ethereum has gone from a high of $470 down to low $300s. And finally, the folks… Read More »
