Helping you make wiser investment decisions


Cryptocurrency Markets May Be Decentralized, But They’re Still Accountable

One underappreciated feature of crypto markets is the lack of centralization. I mean, people know crypto assets are decentralized and trade on exchanges all over the world. But what’s often overlooked is the relative ease with which people can change the venues they buy and sell their holdings on.  If, for instance, Jeff Sprecher (chairman […]

The Robinhood Chad Index Versus Doomer Internet Money

This week, the wildest, most nonsensical, volatile part of the market wasn’t bitcoin, but the “Robinhood Rally” in equities. The stock market has long been disconnected from the underlying economy, but much of what happened this week – particularly the pumping of bankrupt company stocks – suggests that something new is afoot.  In this episode, NLW […]

Asset Manager Wilshire Phoenix Files to Launch New Bitcoin Investment Trust

Wilshire Phoenix, an asset manager which tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed to launch a new Bitcoin Commodity Trust. According to a Securities and Exchange Commission (SEC) filing published Friday, the New York-based Wilshire Phoenix intends to offer bitcoin to certain investors through the new trust, with a maximum […]

Free Transactions Invite Systemic Attacks on Blockchains, Researchers Find

The problem with paying gas to run transactions is that it discourages lots of transactions. The advantage of paying gas to run transactions, though, is that it discourages lots of transactions. This contradiction is captured well in a new paper examining transactions on EOS, Tezos and XRP Ledger (XRPL) over a seven-month period ending in […]

Hut 8 Plans $7.5M Offering to Upgrade Bitcoin Mining Rigs

Hut 8 Mining is looking to raise at least $7.5 million to upgrade its fleet of BlockBox bitcoin miners.  The firm, the biggest cryptocurrency miner in Canada and one of the largest publicly traded miners in the world, seeks to raise the funds through an overnight marketed public offering on the Toronto Stock Exchange. It’s […]

Deutsche Borse Exchange to List New Bitcoin Exchange-Traded Product

London-based investment firm ETC Group plans to list a bitcoin-backed security on the German electronic trading market later this month.  The firm announced Tuesday the exchange-traded product (ETP), called the Bitcoin Exchange Traded Crypto (BTCE), is the world’s first centrally cleared derivative crypto asset, and would be listed on Deutsche Borse’s Xetra market based in […]

‘Be Your Own Bank’ and the ‘Luxury of Apathy’

‘The best Sundays are for long reads and deep conversations. Recently the hosts of the Let’s Talk Bitcoin! Show gathered to discuss the systemically important “Be Your Own Bank” Bitcoin narrative and what it means around the world today. On today’s episode of Let’s Talk Bitcoin! you’re invited to join Andreas M. Antonopoulos, Adam B. Levine, Jonathan […]

The Breakdown Weekly: The Revolution Will Be Retweeted

A recap of one of the most significant weeks in recent American political history. The Breakdown Weekly Recap looks at the key themes that shaped the week. On this week’s episode, NLW discusses: Monday’s Breakdown | The Power and Peril of the ‘Bitcoin Fixes This’ Meme  Tuesday’s Breakdown | Bitcoin, Cellphones and the Citizen Tools of Anti-Authoritarianism, […]

Market Wrap: Bitcoin Flat as Stocks Swell on Positive Jobs Report

While the market expects bitcoin to be calm over the next few days, attention is now on the economy, with the U.S. looking as if it turned a corner in May. However, some observers see fundamental problems ahead.   Bitcoin (BTC) was trading around $9,735 as of 20:00 UTC (4 p.m. ET), gaining 1% over the […]

Lawsuit Accuses Xapo, Indodax of Negligently Holding Stolen Bitcoin

A crypto trader is trying to seize nearly 500 bitcoin from Xapo and Indodax through a new lawsuit that accuses the two crypto exchanges of harboring his stolen funds. Plaintiff Dennis Nowak, a German resident, and his counsel, longtime crypto lawyer David Silver, filed their demand for jury trial Monday in the U.S. District Court […]

Latest Bitcoin Core Code Release Protects Against Nation-State Attacks

The 20th iteration of Bitcoin Core, the open source software powering the Bitcoin blockchain, was released Wednesday. Experimental software called “Asmap” was included to protect against a theoretical “Erebus” attack. An Erebus attack allows nation-states and/or large internet providers such as Amazon Web Services to spy, double-spend or censor bitcoin transactions. The patch would help […]

Iranian Lawmaker Says Bitcoin Should Be Central Bank’s Turf

An Iranian lawmaker wants his country’s central bank to take bitcoin seriously. Representative Mohammad Hossein Farhangi (Tabriz), speaking Tuesday before the nation’s parliament, called on the Governor of the Central Bank of Iran, Abdolnaser Hemmati, to handle oversight of bitcoin, according to the Tasnim news agency.  Calling proper management of bitcoin a “good opportunity for […]