In a sign that federal authorities are getting serious about cracking down on fraud in the cryptocurrency world, the Securities and Exchange Commission (SEC) recently announced its first case settled over alleged fraud in touting initial coin offerings (ICOs). The case is significant in that it targeted some of the biggest names in sports and […]
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Many pundits have pounced on the fact that Bitcoin recently dropped to $4,000 as a sign that the cryptocurrency revolution has run out of steam. But that ignores the clear fact that Bitcoin investing, just like any sort of investing, is all about the long game. Sure, if you focus on short-term price moves you […]
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CoinIRA Ambassador and former Congressman Ron Paul recently posted a Twitter poll asking his followers the following question: A wealthy person gifts you $10,000. You get to choose in which form you’ll accept the gift. But there’s a catch: You must keep the gift in the form that you choose for 10 years without touching […]
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When central banks first began to engage in quantitative easing (QE) policies during the financial crisis, those policies were harshly criticized by sound economists. The idea that printing money out of thin air to purchase worthless assets could somehow strengthen the economy and bring it back from the brink of destruction was an absurd one. […]
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The disruptive nature of cryptocurrencies caught governments and regulatory agencies largely flatfooted. They didn’t know how to respond to Bitcoin, Litecoin, Ethereum, and other cryptocurrencies. Nor did they know how to react to the development of initial coin offerings (ICOs). In fact, just about the only thing that they have acted upon for certain is […]
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With a new Democratic majority in the House of Representatives and Republicans maintaining the majority in the Senate, what can investors expect to see from the new Congress and how might new legislation affect them? This is the first time in nearly a decade that Democrats have held power in Congress, and it’s an unusual […]
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The latest jobs report was heralded by mainstream media as another indication that the US economy is humming along just fine. The consensus estimate of 190,000-200,000 jobs added was blown away by the actual 250,000 jobs reported. The unemployment rate is now at 3.7%, and wages increased year-on-year at over 3% for the first time […]
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The UK’s Royal Mint first announced in 2016 its plans to issue as much a billion dollars worth of a gold-backed cryptocurrency token. The project was an attempt to allow investors an easier way to invest in gold. Had it been successful, the gold-backed cryptocurrency could have served not just as an archetype for gold […]
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Recent weeks have seen stocks all over the map. From reaching new highs near 27,000 earlier this month to finishing last week over 2,000 points below those highs, investors have been plunged into an uncertainty they hadn’t experienced since February. Back then, many investors didn’t know what to do, as markets plunged but then seemed […]
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While stock markets have been on a roller coaster ride the past couple of weeks, Bitcoin has remained remarkably stable. That’s a departure from previous price movements, and a potential indicator that Bitcoin is maturing as an alternative investment asset and as a store of wealth during times of financial turmoil. Some market analysts are […]
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