This Week in Crypto: News You Can Trust Edition

news

Because we’re all about value let’s start this out with some fake news.   Walmart (WMT.NYSE) decidedly did not partner with Litecoin, despite news published earlier this week that did the rounds with multiple sources. Charlie Lee, the brain behind Litecoin and leader of its peoples, said the news was fake. Walmart quickly quashed it […]

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United States regulators side-eye Bitcoin and crypto, but do they know what they’re doing?

United States

Ray Dalio, the founder of Bridgewater Associates, reported that he believes that regulators in the United States would take control of Bitcoin if said crypto attains mainstream success.   I read that in an article this morning and it gave me pause. I’ve been following Bitcoin’s progress since 2012. I bought in the first time […]

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Prophecy DeFi (PDFI.C) foretells profits in their future with acquisition of Layer2 Blockchain

Layer2

Prophecy Defi (PDFI.C) completed its acquisition of the remaining 40% of Layer2 Blockchain today in an all share deal, according to a press release.   This is the final closure of a story that started on July 9th, when Prophecy snatched up 60% of Layer2, courtesy of Layer2’s management having the right stuff when it […]

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Litecoin (LTC) Surges on Major Partnership with Walmart…Or is this all fake news?

Litecoin

This was news I was not expecting this week. As I prepared myself for the Monday open, my focus was on the stock market charts (lower high swings!) and energy. Oil with a flag and Natural Gas to hit 100% gains year to date. More on that tomorrow. As markets begin to roll over, and […]

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This week in crypto: standard regulation edition

regulation

One of the biggest claims that hardline cryptocurrency aficionados offer is that cryptocurrency (and Bitcoin in particular) is regulation proof. It was a selling point for me back in 2014. You can’t regulate what you can’t find and decentralization comes specifically from that. The only way regulators could get at crypto is through the access […]

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This week in crypto: standard regulation edition

regulation

One of the biggest claims that hardline cryptocurrency aficionados offer is that cryptocurrency (and Bitcoin in particular) is regulation proof. It was a selling point for me back in 2014. You can’t regulate what you can’t find and decentralization comes specifically from that. The only way regulators could get at crypto is through the access […]

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Chart Attack: Bitcoin Becomes Legal Tender in El Salvador, Crypto’s Dump

Bitcoin

It was a wild day in the cryptocurrency market yesterday. But saying that, those of us who do invest or trade the cryptocurrency markets know that it will be volatile. It isn’t for the faint of heart. This is something we accept going in. We have seen days like yesterday in the past, and will […]

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