For the first time this year, the Bitcoin hashrate has stayed flat for one month: https://www.blockchain.com/charts/hash-rate In case you are having problems reading the fine print, this chart shows the bitcoin hashrate at the start of 2018 was just under 15 million terahash, and through the month of June and July, is topping out at just over 43… 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 »
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 »
Bitcoin charts can drive you insane. They can be so volatile, (and oh, does the press ever like to remind you of that). But there is one quietly bullish chart nobody is telling you: This is a chart of the Bitcoin futures contract XBTU18 on Bitmex, the largest bitcoin exchange in the world. The XBTU18 expires on September… Read More »
One month ago, the worst place to put your money was the cryptocurrency sector. Every crypto-stock on the TSX Venture was dropping 3-5% a day. But what a turnaround in the last week: The Market for these stocks hit crazy levels of panic—stocks were trading for less than the cash in their treasury. Now, conditions can stay like… Read More »
