finance

cryptocurrenciesWill failed national cryptocurrencies lead to adoption of better cryptocurrencies?

Iran is launching a cryptocurrency backed by its national fiat currency the Rial. Transactions will be recorded on a private blockchain based on open-source Hyperledger Fabric technology. The Central Bank of Iran will control the issuance of new tokens at …

blockchainTau Coin is the first Pure Proof of Transaction Coin

The common argument in the Blockchain world is Proof-of-Work versus Proof of stake. Proof-of-Work is proven while Proof-of-Stake is more energy efficient and more scalable. There is now another solution: TAU Coin and its Proof of Transaction (PoT) technology. TAU …

bitcoinBitcoin Exchange traded note and investment trust are ways to trade Bitcoin without holding Bitcoin

Bitcoin Tracker One is an Exchange Traded Note quoted in US dollars. It is similar to buying an American depositary receipt. It is not an Exchange Traded Fund (ETF) but an Exchange Traded Note (ETN). Traders will see a foreign-listed …

blockchainOverstock lags Amazon in ecommerce but is a leader with tZero blockchain security trading

Overstock’s blockchain investments now provide 60% of the firm’s total value and the blockchain investments will drive the price to $112, an almost 150% increase from their current level according to Tom Forte, an analyst with D.A. Davidson. Overstock has …

economic impactUS Tariffs and Sanctions crushing Turkish Lira, Russian Ruble and other currencies

The Russian Ruble is at its weakest level in nearly two years with ruble touching 66.7099. The US will be applying new sanctions for Russia’s use of a chemical agent, Novichok, to poison former Russian spy Sergei Skripal in the …

bitcoinSEC delays VanEck-SolidX Bitcoin ETF Decision to September 30

The SEC has delayed a decision about listing the VanEck SolidX Bitcoin Trust ETF until September 30 or before. The Form S1 filing to the SEC by VanEck SolidX Bitcoin Trust is linked to here. This third attempt for an …

bitcoinExchange Traded Funds Explained and Advantages When Cryptocurrency ETFs are approved

Exchange traded funds can be traded like stocks but they can track any index or type of financial assets. They can track commodities or a basket of stocks or bonds. There are several groups trying to create cryptocurrency ETFs. There …

appleIn 1980 the Apple IPO was too risky for Massachusetts

In December 1980, Apple had its IPO. They were not allowed to sell in Massachusetts because they were deemed to be too risky. At end of the day, the stock had increased in value by almost 32% to close at …

bitcoinRounding up hyperbullish price predictions and the stated reasons

Bitcoin has fallen back to the mid-$7000 support level after rallying over $8000. Bitcoin had a peak in January, 2018. Various bitcoin bulls have doubled down on their price predictions. Most of the hyperbullish predictions of $25,000 to 100,000 prices …