Tag Archives: Investor

Crypto Investor Who Shorted Ethereum at $700: Bottom is Far From Over, Here’s Why

Crypto Investor Who Shorted Ethereum at $700: Bottom is Far From Over, Here's Why

It has been difficult not to get hopes up when crypto markets surge by over 20% in a couple of weeks. What should be remembered though is that the asset class is still in the midst of a bear market that has lasted for over a year. One hedge fund partner, who has been known for shorting, still thinks there is further to go before markets hit the bottom. Ethereum Momentum Slow, Devs Jumping Ship Alex Sunnarborg, founding partner of Tetras Capital, a New York City based […]

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Bitcoin Investor Lost Life Savings When QuadrigaCX Didn’t Issue $422,000 Withdrawal

Bitcoin Investor Lost Life Savings When QuadrigaCX Didn't Issue $422,000 Withdrawal

In a matter of weeks, the demise of QuadrigaCX, once Canada’s largest Bitcoin exchange, has reached the front pages of mainstream media outlets worldwide. Bloomberg, Reuters, and Fox Business are among the mass of notable outlets that have covered this debacle. While their coverage of this situation has brought things to light that should be known, relatively little attention has been given to those affected, a purported 115,000. Some lost close-to-zero in funds, while others lost their life savings. Bloomberg recently sat down with one Canadian client of the […]

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Crypto Investor Urges Consumers to Accumulate Bitcoin Before Halving, Rally Expected?

Crypto Investor Urges Consumers to Accumulate Bitcoin Before Halving, Rally Expected?

Bitcoin (BTC) and other crypto assets may be nearing their one-year lows, but copious amounts of optimism still exist in the minds of believers the world over. Case in point, while many analysts are unfaltering in their belief that lower lows are inbound, with even one short-term sardonic commentator calling for a $1,700 BTC, hope has persisted. Almost as if they’re grasping for a light at the end of a tunnel, diehards’ hearts have remained ablaze, as they await key industry events that could push this market […]

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Bitcoin Rally To Be Preceded By More “Crypto Is Dead,” Layoffs, Regulation, Says Investor

Bitcoin Rally To Be Preceded By More "Crypto Is Dead," Layoffs, Regulation, Says Investor

Since Bitcoin began to tumble in early-2018, crypto investors en-masse have been sitting on their hands, eagerly waiting for the eventual market turnaround. And while hopeful sentiment has begun to mount, especially as this industry’s news cycle indicates that common Joes & Jills shouldn’t be disconcerted, one fund manager believes that crypto will take another bone-breaking, heart-stopping, and blood-inducing blow before a rally. Related Reading: Fred Wilson: Bitcoin May Take Much of 2019 to Bottom Out, But There Are Catalysts Crypto Winter Isn’t Over… Yet The broader crypto […]

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No One Needs A Bitcoin ETF & Bakkt, BTC Already Is Money: Crypto Investor

Investors in Davos Separate Bitcoin and Blockchain, Claim BTC Will go to Zero

Since Bitcoin (BTC) came into being, the asset’ and blockchain network’s narrative has been misconstrued time and time again. Hot on the heels of another investor’s comment that Bitcoin isn’t digital cash, but rather, an up-and-coming global reserve asset, one commentator claims that BTC “already is” money. Related Reading: Edward Snowden Bullish On Crypto: Blockchain Money Makes Sense Bitcoin Is Digital Money, No ETFs Or Bakkt Needed Jason Smith, an impassioned crypto believer, recently took to Twitter to convey five underlying noticings that came to mind during his […]

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Crypto Investor: Bitcoin Is Evolving, May Become Global Reserve Asset

Crypto Investor: Bitcoin Is Evolving, May Become Global Reserve Asset

Since Bitcoin (BTC) came into being, the narrative surrounding the asset’s value proposition has varied drastically. At first, the cryptocurrency was seemingly pure, digital cash. Now, BTC has been deemed a digital gold by many pundits, who claim that the asset’s non-inflationary, borderless, and fungible nature makes it reminiscent of the precious metal. However, throughout the handful of civil war-esque debates on the subject matter, many investors have claimed that Bitcoin is rapidly becoming the next global reserve asset. Yet, one industry commentator claims that the crypto […]

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Why a Major VC Investor Believes Bitcoin Will Overtake Market Cap of Visa at $302 Billion

Why a Major VC Investor Believes Bitcoin Will Overtake Market Cap of Visa at $302 Billion

“Long Bitcoin (BTC), short the bankers” has long been the war cry of crypto’s diehards, known for their use of rhetoric to convey a point. While many cynics cast aside these enthusiasts as near-religious zealots, blinded by “magical internet money,” these anti-establishment tones were validated on Tuesday, as reports arose that a legendary financial services provider was slapped with a fine. And it wasn’t any old fine, it was a $650 million one. Related Reading: Bitcoin is Criminal Money Says the Media While Deutsche Bank Gets Raided for Laundering […]

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Crypto Investor: Bitcoin May Retest $20,000 With Next Wave Of Adoption

Crypto Investor: Bitcoin May Retest $20,000 With Next Wave Of Adoption

Since Bitcoin (BTC) breached the monumental $20,000 price milestone and subsequently crashed, crypto investors en-masse have sought to determine when the asset would retest five-digits. While an array of crypto pundits have speculated, throwing their zany predictions into the crockpot that is Twitter, the date of the next parabolic rally’s commencement is still elusive. Yet, a majority of industry commentators, many of which have a vested interest in BTC, are sure that the flagship cryptocurrency has further to run. Alistair Milne, the chief investment officer at Digital Currency […]

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Prominent Crypto Investor Expects “Choppy Waters” For Bitcoin Over 2019

Prominent Crypto Investor Expects "Choppy Waters" For Bitcoin Over 2019

Since 2018 went on the way out, optimists have remarked that they expect for Bitcoin and the broader blockchain ecosystem to get some much-needed reprieve in 2019. Yet, a rally, recovery, or run of similar caliber still seems like a quixotic dream, as cryptocurrencies have failed to reverse a multi-month downturn. And interestingly, a number of analysts, including those with an immense vested interest in Bitcoin, expect for this bearish trend to continue well into 2019. Bitcoin Investors Should Expect Choppy Waters  Joey Krug, a co-founder of preeminent Ethereum-based […]

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