Uniswap is a decentralized Ethereum token exchange. It is also the hottest thing going in crypto. I have written stories about Uniswap here, here, and here. To research on those stories, last month I dumped two Ether into an Ethereum wallet conducted two trades. One trade is break-even. I’m down on the other trade. However, this is the… Read More »
Running a cryptocurrency derivative exchange can be profitable. Running an offshore cryptocurrency derivative exchange, not subject to any type of government regulation, can be insanely profitable. But there is one problem. The US government takes a very dim view of their citizens patronizing these offshore crypto-derivative exchanges.Bitmex (offers bitcoin futures, Deribit (bitcoin options) and Biffinex (known for Tether) all… Read More »
Yesterday, the yearn.finance (YFI) token was worth a little less than THIRTY-TWO THOUSAND US DOLLARS. Here is a screen snapshot from coingecko.com if you don’t believe me: It’s beyond the scope of this article to explain exactly what the yearn.finance token is…. Or what it represents. The developers of the token don’t even have their own website but they were nice enough… Read More »
September is the worst month of the year for bitcoin. Since 2013, the aggregate monthly return for bitcoin in September has been MINUS 39%. There are only two other months in the year that show a negative return for bitcoin: January (minus 22%) and June (minus 7%). Already in the last week of August, bitcoin is starting to trend down.… Read More »
If you have been paying any attention at all to crypto, you will know that the Defi (Decentralized Finance) sector has been red hot. People trading DeFi tokens have made 1000% return on their investments in ONE DAY. Mind you, people have also lost 99.5% of their investment in one day as well. But let’s not focus on… Read More »
The Ethereum token Serum went up 1000% yesterday in its first day of trading: https://www.coingecko.com/en/coins/serumToday it’s up to $1.79, or 38%. That’s not the only token that’s popping. The tendies token is up more than 400% since being listed July 30th. https://www.coingecko.com/en/coins/tendiesBut you can’t buy these magical tokens at your friendly neighbourhood discount brokerage. Behold the new favourite… Read More »
