• JP Morgan Chase & Co. CEO Jamie Dimon showing how he'd wring the neck of any one caught trading bitcoin on one of his trading desks. (via Wikipedia).
    Alt coins,  Bitcoin,  Canada,  Cryptocurrencies,  Ethereum,  Media

    Must-reads for September 13, 2018: Diamonds, Dimon, schmucks, and a trillion dollars worth of stories

    Here are the crypto stories you should be watching today

    September 13, 2018 /

    Morgan Stanley Plans to Offer Bitcoin Swap Trading for Clients (Bloomberg) Morgan Stanley is joining the ranks of institutions by offering swaps to its clients, according to a report by Bloomberg’s Alastair Marsh. A source at the bank told Marsh that a swap product would launch once there’s enough institutional demand and after it gets through internal approvals. For the unfamiliar, a swap would essentially “swap” exposures of one asset with another. Let’s say fund has $1 billion in the S&P 500. They would then enter into an agreement with someone who has $1 billion in Bitcoin to trade returns. Thus if after the first three months the S&P 500…

    Read More
  • newspaper
    Stop what you're doing and read something (via Pixabay)
    Asia & Australia,  Bitcoin,  Ethereum,  Media,  Politics

    Must-reads for September 5, 2018: Goldman backs off crypto trading, Iran welcomes mining while Washington not so much, and more!

    Here are the crypto stories you should be watching today

    September 6, 2018 /

    Goldman Sachs is ditching near-term plans to open a bitcoin trading desk, instead focusing on a key business for driving Wall Street investment in crypto (Business Insider) If you’re wondering why cryptos took a hit Wednesday, this is it. Remember all the hype about Goldman Sachs trading Bitcoin from HODL Bros and your brother’s friend who just seems a little off? You know what I’m talking about. “Goldman’s going to be trading it, bro! It’s going to the moon!” Yeah, well, it doesn’t look like that’s going to happen any time soon. “The bank is ditching plans to open a desk for trading cryptocurrencies in the foreseeable future, according to…

    Read More
  • RIP ETH?
    RIP ETH? (via Shutterstock)
    Alt coins,  Ethereum,  Innovators

    Ether’s $0 destiny: Could it really happen?

    One guy argues yes—and Vitalik Buterin kinda-sorta agrees

    September 5, 2018 /

    A blockchain wonk has gone pundit in a TechCrunch article, predicting that Ethereum’s ETH asset will eventually crash to zero forever. In an unexpected twist, Ethereum co-founder Vitalik Buterin mostly agrees. Jeremy Rubin, the Bitcoin Core contributor who’s lately advising Stellar, launched a public critique of Ethereum and how it operates, calling for the network’s cryptocurrency to ultimately be worthless. He draws a clear distinction between the technology that powers the Ethereum network and the digital asset that represents value moving through it. The kernel of his “ETH to zero” argument revolves around network scalability and security issues that will hold Ethereum back as competitors move ahead. Rubin also invokes…

    Read More
  • coffee shop
    This looks like the coffee shop where we wrote this (via Pixabay)
    Africa,  Alt coins,  Bitcoin,  Ethereum,  Media,  Tether,  United States

    Must-reads for August 28, 2018

    Here are the crypto stories you should be watching today

    August 28, 2018 /

    Tether (USDT) New Intervention Lifts Bitcoin (BTC) to $6,800 (Cryptovest) In answer to the question, “Why is bitcoin trading above $7,000”, note that $50 million in tethers were sent to Bitfinex just a few hours before the rally, though $30 million went back shortly thereafter.   Bill Cosby Using Bitcoin To Keep Creditors, Government & His Wife From $500M Fortune (Radar) This is a kind of weird story that seems to rely on “sources.” Nonetheless, if true, it means the 81 year-old star of “Leonard Part 6,” who made millions of dollars selling sugary snacks like Jell-O and Coca-Cola to children, is hiding his money. Hey, Bill, your money can’t…

    Read More