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Charles Munger compares Cryptocurrency to “Trading Turds”

Charles Munger compares Cryptocurrency to “Trading Turds”

Charlie Munger discovers Bitcoin Happy Hour events - the Berkshire Hathaway Vice Chairman was not impressed, nor did he attend the event. The billionaire investor was investor was invited by a cryptocurrency investment group.   He remarked how his social standing had...

Binance API Changes Reveal Margin Trading for 9 Different Coins

Binance API Changes Reveal Margin Trading for 9 Different Coins

Binance Margin Trading enabled!   Changes made to the API of Binance suggest that margin trading for 9 trading pairs has been activated. The API has been updated to add two variables - “isSpotTradingAllowed” and the second, “isMarginTradingAllowed”.  The self...

NYSE Owner is Confident in Bitcoin’s Bounce Back

NYSE Owner is Confident in Bitcoin’s Bounce Back

Bakkt spurring bitcoin purchases – from the perspective of Bakkt’s owners, the 2018 crypto bear market was fantastic!  For the rest of us?  Not so much. NYSE Chairman Jeffrey Sprecher, the CEO of of Bakkt’s parent company, Intercontinental Exchange (ICE), remarked...

Square’s Cash App Reports Bitcoin Revenue High in Q1

Square’s Cash App Reports Bitcoin Revenue High in Q1

Square Bitcoin Revenue is high – but its profits remain low for Quarter 1.  Square, a payment platform, sent a letter to shareholders outlining their first quarter (Q1) 2019 financial figures. According to the letter on earnings, which is unaudited, Square revealed...

Tether Lawyer Confirms it’s only 74% Backed by USD

Tether Lawyer Confirms it’s only 74% Backed by USD

USDT Tether 74 percent backed – how will Bitcoin and cryptocurrency react?  The issuer’s General Counsel, Stuart Hoegner, in an affidavit, admitted that USDT holds about $2.1 billion in cash and short-term securities.  Hoegner is also general counsel to Bitfinex, who...

Study Finds Strong Demographic Trends with Bitcoin

Study Finds Strong Demographic Trends with Bitcoin

Bitcoin Mega Trend seen through the eyes of Data analytics!  Harris Poll, on behalf of Blockchain Capital, conducted a survey among 2029 American adults.  We can consider this poll to be a follow-up to the one surveyed back in October of 2017. The survey back in...

Jaguar Land Rover Announces Partnership with IOTA

Jaguar Land Rover Announces Partnership with IOTA

Jaguar Land Rover IOTA partnership in the works?  According to the automaker, yes!  They’re currently trialing blockchain technology to enable their cars to automatically report road condition data, such as traffic congestion, to navigation providers or local...

E-Trade is Ready to Launch Crypto Trading to 5 Million Customers

E-Trade is Ready to Launch Crypto Trading to 5 Million Customers

E-Trade trading cryptocurrency products soon!  According to a source that spoke to Bloomberg Friday, E-Trade will offer Bitcoin and Ether trading for its 5 million customers!    E-Trade is apparently taking the approach of making something available, and customers...

Both Samsung and NIKE are Making Moves into the Crypto Markets

Both Samsung and NIKE are Making Moves into the Crypto Markets

Nike and Samsung have big cryptocurrency blockchain plans.  It seems like everyone is into blockchain and crypto – from Facebook to the Intercontinental Exchange! Bitcoin’s recent recovery has made crypto and Bitcoin attractive again – or so we think, as Nike and...

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