First Blockchain ETFs Debut: Here's What You Need To Know2018 Jan 17, 11:32am
Just as the global cryptocurrency market is hitting its biggest rough patch in months, two new ETFs based on blockchain technology are making their market debuts. The Reality Shares Nadaq NextGen Ecconomy ETF (NASDAQ: BLCN) and the Amplify Transformational Data Sharing ETF (NYSE: BLOK) are now open...
Markets Move Solidly Higher, But Could They Stay There?2018 Jan 17, 10:31am
Could this be another déjà vu all over again day? Market benchmarks are again looking like they might be in rally mode in the early going. But we saw that yesterday as the Dow Jones Industrials ($DJI) cruised past 26,000 out of the gate, only to swing wildly lower as the trading day...
Ripple Recovers Value At Current Price Levels2018 Jan 17, 9:14am
Ripple is trading in the final phase of his retracement from highs: Preparing to get back in track? Bitcoin reaches 50% Fibonacci retracement level, should spend some time there as money isn't flowing into BTC. Ripple, the most advanced altcoin in the current retracement Ripple is at...
Former Wells Fargo CEO Calls Bitcoin A Pyramid Scheme2018 Jan 16, 2:42pm
JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon went called bitcoin a "fraud" last year, although he did change his tune on the digital currency. Now former Wells Fargo & Co (NYSE: WFC) CEO Richard Kovacevich has found a new way to describe bitcoin: a pyramid scheme. What You...
8 Stocks Getting Hit By Bitcoin's Regulatory Woes2018 Jan 16, 11:50am
The price of one bitcoin traded below the $11,500 mark Tuesday morning, which marks a six-week low. The digital currency along with other cryptocurrencies fell lower after South Korea's Finance Minister Kim Dong-yeon said the shutdown of various cryptocurrency exchanges in his country is "...
Bitcoin, Ethereum, And Other Cryptos Tumble As Regulatory Noose Tightens2018 Jan 16, 9:47am
One asset class always on the risk of a pullback following the heady gains of 2017 is cryptocurrency. Those mouth-watering gains created uneasiness among the trading community concerning a potential bubble-in-the-making. The lack of regulation and the astronomical gains posted by each of the...
This Week In Cryptos: ScoreCoin, SoonCoin Make Big Moves As Buffett, Dimon, And South Korea Make Headlines2018 Jan 12, 4:21pm
The extremely volatile cryptocurrency market had an extremely volatile week this week after a handful of impactful headlines impacted the market. Cryptocurrency In The News The biggest news of the week came out of South Korea. After pledging to eliminate anonymous cryptocurrency trading back in...
Bitcoin Investment Trust's 91-For-1 Stock Split, Explained2018 Jan 12, 1:10pm
The Bitcoin Investment Trust (OTC: GBTC) jumped more than 12 percent Friday after the company announced the trust will be undergoing a 91-to-1 stock split impacting shareholders of record as of Jan. 22. The move is likely being made after the trust’s incredible 1,620 percent gain in the past...
Why Bitcoin Is More Likely To Spark New Systems Than Destroy Existing Ones2018 Jan 11, 1:28pm
When bitcoin investors discuss the long-term potential for the cryptocurrency, one of the most popular words to come up in the discussion is “disruption.” Bitcoin bulls argue that cryptocurrency will turn the global financial system completely upside down. However, KeyBanc analyst Ben...
Analyst: Blockchain Is The Biggest Thing Since The Internet And Cryptocurrencies Are Just The First Generation Of Its Applications2018 Jan 11, 11:15am
Bitcoin and the Bitcoin Investment Trust (OTC: GBTC) have been two of the hottest investments on Wall Street in the past year. However, the true value of bitcoin may not be in the currency itself but rather in the blockchain technology on which bitcoin was built. What Is Blockchain? Blockchains...