Hacked: Hacking Finance

Hacked: Hacking Finance


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Analysis

The Butterfly Economy

Posted on May 26th, 2017.

Like a caterpillar emerging from its egg, the Internet came to the general public just before the turn of the century. Until then it was only used by the US government and academic computer nerds.

Featured

Market Overview

The Revolution is Here

Posted on May 25th, 2017.

One of our clients from eToro China is on a trip to Japan and has just sent us this spectacular picture… Almost made my eyes water. This is one of the largest retail electronic stores in Japan and they are now accepting bitcoin. As we’ve discussed, the tipping point for Bitcoin will come from Japan first. The government has...

Featured

Cryptocurrencies

Bad at Math

Posted on May 24th, 2017.

There’s a famous quote… “The lottery is a tax for people who are bad at math.” It seems the Trump administration is a tax for a country that stopped caring about government.

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Cryptocurrencies

So Much Trouble in the Markets

Posted on May 23rd, 2017.

No words can describe the sadness. When a man decides to take his own life in order to kill children at a pop concert, the entire world mourns. Our hearts go out to the victims and their families.

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Cryptocurrencies

The Weak & the Strong

Posted on May 22nd, 2017.

The old saying in the market “buy the rumor, sell the news” only sometimes applies to cryptocurrencies.

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Bitcoin

Market Overview: 5 Things to Watch Next Week

Posted on May 21st, 2017.

Asset Current Value Weekly Change S&P 500 2380 -0.45% DAX 12638 -1.22% WTI Crude Oil 50.48 4.77% GOLD 1255.00 2.11% Bitcoin 1985 13.43% EUR/USD 1.1205 2.74%   1. All eyes on the VIX as volatility is creeping back The low volatility period that lasted for several weeks, ended abruptly on Wednesday, as we anticipated as the internal...

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Bitcoin

Crazy Cryptos on Another Rip

Posted on May 19th, 2017.

It looks like the Japanese have finally upped their volumes. According to coinhills.com, bitflyer – the company who will be responsible for bringing bitcoin to 260,000 stores in Japan – is now trading over 100,000 bitcoins a day and responsible for 10% of the total volume in the market.

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Analysis

The Damage Done

Posted on May 18th, 2017.

The total damage from the WannaCry virus has been counted. See, the thing most people don’t know about Bitcoin is that it’s only pseudo-anonymous. The nature of the blockchain allows everyone to see all transactions clearly, that’s what makes it effective.

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Market Overview

Pump & Dump

Posted on May 17th, 2017.

The potential of the cryptocurrency markets for intraday trading has seen yet another huge leap forward last night. I mean, every trader knows by now that these markets have the ability to move fast but moves we’ve seen on Ripple are just ridiculous. Ripple tokens, known as XRP, have gone from less than 1 cent per coin on March...

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Analysis

Hacking Continues but Bitcoin Looses Dominance

Posted on May 16th, 2017.

The hacking continues today with the WannaCry virus claiming more victims across the globe but another type of hack was reported yesterday, this time in Hollywood. It seems that a group of hackers have gotten a hold of the new Pirates of the Caribbean movie and are now holding it for ransom, to be paid in bitcoin.

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Analysis

Don’t Click Anything Day

Posted on May 15th, 2017.

So this gives a whole new meaning to the term Cyber-Monday.

Featured

Analysis

Bitcoin is Falling

Posted on May 12th, 2017.

Sure there are other things going on in the market right now but who cares about them?

Featured

Analysis

What if Bitcoin falls?

Posted on May 11th, 2017.

It’s called digital gold for a reason. There are many parallels that we can draw between the physical asset that is the original form of money and this new digital asset that is the future of money. I remember a time back in 2009 when gold crossed $1000 an ounce for the first time. Investors were feeling generally uncertain about...

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Analysis

50 Billion Baby! – Buffett Blew It

Posted on May 8th, 2017.

Some call it the Woodstock of stocks. The Berkshire Hathaway annual meeting draws a huge crowd where everyone listens closely to what the oracle has to say. He really spilled the beans this year, reassuring investors of his plans to continue the business after he dies as well as reflecting on some of his biggest mistakes. The one that...

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Market Overview

$5 Billion Day

Posted on May 5th, 2017.

Are you sick of hearing about fake news? How about reading it? It seems that a new startup in Poland was so tired worrying about this that they came up with a solution. Why not put all the news on the blockchain?? The program called Userfeeds will be built on top of the Ethereum network and will incentivise users to rank content based on...

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Bitcoin

Cryptocurrency Value Growing $1 Billion per day

Posted on May 4th, 2017.

It’s been 10 days since the value of all cryptocurrencies crossed $30 Billion for the first time. Today that value stands at more than $41 Billion. By value, we are referring to the market cap (price per coin times amount of coins in circulation) of more than 700 of the top cryptocurrencies, which are listed at:...

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Market Overview

An Investor’s Guide to Trump’s First 100 Days

Posted on May 3rd, 2017.

100 days. A rather random period of time by which to judge a presidency. The metric came about thanks to Franklin D. Roosevelt’s flurry of New Deal laws in his first 100 days. Studies have indeed found that it’s legislative action tends to come in one’s first 100 days. At the time of writing, Trump’s approval rating is 43.1 percent...

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Market Overview

Gathering Strength

Posted on May 2nd, 2017.

According to a new study, the biggest reason that US earnings are strong this season is due to strong growth in the rest of the world. That’s right, companies that do business primarily outside of the United States have seen double growth compared to companies that are primarily domestic. I hope that Donald Trump sees this report...

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Market Overview

Mayday!

Posted on May 1st, 2017.

Wishing you a very happy May Day and Labor Day. Many markets across the globe are closed this morning so trading on currencies, commodities, and stocks could get pretty boring. However, there are some markets moving at a breakneck pace. Those of you who consider yourselves Cryptotraders know exactly what I’m talking about.  ...

Featured

Market Overview

Cryptocurrencies = $30 Billion

Posted on April 25th, 2017.

The total value of all digital coins in circulation has reached yet another milestone today. As of this writing, the cryptocurrency market cap is $30.67 Billion. About $20.4 Billion of that is in Bitcoin and about $4.5 Billion in Ethereum. That leaves more than $5 Billion in alt coins. It seems they have a coin for everything these days....