Category Archives: News

Bitcoin: Amateurs Versus Professionals

Yesterday there was an absurd 8% spread between the price of Bitcoin and the Bitcoin futures contract price on Bitmex (world’s largest Bitcoin futures exchange).     I am showing a chart with a long y-axis to show the spread isn’t some aberration. The spread has been there for days and if anything, it is widening. I’m going… Read More »

One Reason Maybe Why HIVE Shares are Skyrocketing

Mining Ethereum just became more profitable since October 25th because of coding changes (called the Byzantium fork). And that could be why HIVE Blockchain Technologies (HIVE – TSXV) is up more than 30% in the last two days to close at record high of $4.09 CDN. HIVE is one of the largest Ethereum miners in the world and the only publicly-traded Ethereum… Read More »

Not All Coins Have a Happy Ending, So Go Ahead and Short

I am shorting the Tezo coin. The Tezos initial coin offering was one of the largest of the summer of 2017, with $230 million US raised (now worth $400). It is now a complete disaster, with Tezos now officially under investigation by ICO investors. Trading of the tokens has been suspended indefinitely. All money raised by the ICO has… Read More »

A Bitcoin Hard Fork Means a Free Lunch for Investors

The last time Bitcoin did a hard fork, investors made easy money. It’s about to happen again—tomorrow in fact. On August 1st, Bitcoin split into two coins, Bitcoin and Bitcoin Cash. The day before, Bitcoin was worth $2875 and the day after the split, it was worth $2735. And if you had parked your Bitcoin in a wallet… Read More »

300% Gain in One Month: Full Speed Ahead for HIVE

HIVE is the first cryptocurrency mining company in North America to go public with major assets, provable cash flow, and a road map for massive expansion. With $40 million in cash, HIVE Blockchain Technologies (HIVE-TSXv) will pursue a strategy of aggressive growth with the planned acquisition of more data centres from Genesis Mining in the future. Genesis is the largest cloud Bitcoin… Read More »

Bitcoin Has a Liquidity Problem and Here is the Solution

A few weeks ago, there was a spread of more than 6% between the price of Bitcoin in North America and in China, as the Chinese exchanges were dumping Bitcoin during the government crackdown. In theory, if you bought Bitcoin on a Chinese exchange (or even on Bitfinex which is based in Taiwan), you could then transfer the… Read More »