Bitcoin Price Ticks Up as US Tops List for BTC, Litecoin (LTC), Ethereum (ETH) Trading Volumes

Bitcoin is currently trading around $6,522 at time of writing, up .27%, according to WorldCoinIndex. According to a new report from CoinShares, the risk of crypto investments appears to be lessening, based on the Sharpe ratio. “As assets mature they are showing beginning trends of improving Sharpe ratios. While 2017 was more volatile than preceding years … [Read more…]

Bitcoin Wallets Up 750,000 So Far in August as Traders Stay Engaged

Bitcoin continues to attract trader activity, generating a crush of new wallets. Since August 1, the number of blockchain wallets has increased by 766,649, rising to an all-time high of 27,807,578 as of today. The steady increase is occurring despite market volatility and the year-long bear market, indicating that Bitcoin is attracting a growing pool … [Read more…]

Hawaii in Crypto: Latest US Representative Discloses Ethereum and Litecoin Investments

Hawaii grabs the top spot on Google Trends for the most Bitcoin searches by state. Rounding out the top 10 US states are California, Washington, New York, Nevada, New Jersey, Utah, Colorado, Illinois and Massachusetts. US Representative Tulsi Gabbard, who has been serving Hawaii’s 2nd congressional district since 2013, released her latest financial disclosure form which was … [Read more…]

Weekly Game Plan 20 Aug 18

With Turkey on holiday for most of the coming week, and no other developments over the weekend, it might be a quiet start to the week. As traders wait for Jackson Hole, the WSJ article from Friday might keep stocks buoyant into the week as US & China appear to be planning meetings to resolve … [Read more…]

Africa in the news: Disputed election results in Mali and Zimbabwe, sanctions on South Sudan, and more

By Amy Copley South Africa and Kenya tackle corruption In February, during his first speech as president of South Africa, Cyril Ramaphosa vowed to “turn the tide of corruption.” This week, the anti-corruption campaign ramped up as South Africa’s constitutional court ordered that the country’s chief prosecutor, Shaun Abrahams, be removed from office. The court’s … [Read more…]

Are There Yearly Price Trends in Crypto?

Bitcoin became a household name in 2017. People watched in awe as the cryptocurrency skyrocketed and dominated a rapidly growing field of cryptocurrencies. There were stories of new millionaires who bought Bitcoin several years ago when the prices were in the hundreds or less. While getting caught up in all the craze that dominated the … [Read more…]