I have a friend who is worth quite a bit of money who, if certain conditions are met, will go out and buy lottery tickets on principle. Every once a while the lotto jackpot is larger than the amount of tickets that are being floated that week. Even though he literally has a 10 million-to-one chance that he… Read More »
About one year ago I was looking at an altcoin called Gamecredits. It was trading at a little more than three cents. I had picked that coin out of lineup because I thought the name was intriguing. The coin was intended to be used as currency for mobile games. I checked out the website at decided at the… Read More »
Last Saturday, bitcoin was trading at $7600 USD. By Sunday, it traded as low as $6600, a decline of more than 12%. Twitter was aflame with speculation that the dump happened because either 1) another South Korean exchange was hacked or 2) regulatory investigations into price-fixing at Coinbase, Kraken, and Bitstamp. But I don’t think so. The crypto-exchange… Read More »
This article is republished with permission from the Bitmex Blog. Arthur Hayes is co-founder of Bitmex, the largest bitcoin futures exchange on the planet (based in Hong Kong).Mr. Hayes and his research team put out some of the best articles on cryptocurrency that you can read anywhere. And it’s free! To sign up for their articles, please go here. Money… Read More »
Soon, New Currency Frontier is to become a paid subscription service. I will still write general interest articles for the public. But I what I am buying and selling, and the reasoning behind it all, will disappear go behind a paywall inside the Members Centre for our subscriber base. Most of my trades will be on publicly traded… Read More »
A triple-whammy crackdown is roiling the cryptocurrency markets with the altcoins tanking 20% (or more) and bitcoin down to $7500 from its monthly high of nearly $10k USD. Here is what’s happening around the world: US Government Opens Criminal Probe into Bitcoin Price Manipulation: The United States’ Justice Department has reportedly opened a criminal investigation into possible market… Read More »
