Here are some million dollar trading mistakes, for your learning and entertainment
This piece by one of crypto’s most prominent traders outlines some of the key mistakes he made at the beginning of his crypto investing career, and how they have informed how he approaches the market today. There’s also some excellent advice on handling one’s emotions when investing in volatile assets (such as Bitcoin), and how to take practical investment principles and apply them to the world of crypto.
G20 watchdog announces focus on reviewing existing crypto regulations
After a round of meetings between G20 countries on crypto, the group’s Financial Stability Board announced that it would be reviewing existing crypto regulations rather than rolling out new ones. Most notably, the group’s head announced that “the FSB’s initial assessment is that crypto-assets do not pose risks to global financial stability at this time”.
Hexel lets you create an Ethereum token for your community
The Y-Combinator backed startup has built an easy way for anyone to build a hyperlocal Ethereum token for their community that can be used as a value of exchange, or implemented in a corporate loyalty program. Hexel requires users to have a MetaMask wallet connected to Ethereum before tokens can be airdropped to a given user.
Twitter will reportedly ban crypto ads on its platform
If recent reports are to be believed, the messaging service may be about to ban crypto ads on its platform altogether. The more stringent regulations, which are reportedly slated to come in the next two weeks, will likely ban any advertisements related to cryptocurrencies, token sales, ICOs, and even crypto wallets.
Ether plunges after SEC says dozens of ICO investigations are underway
After confirmation from the US’s Securities and Exchange Commission that “dozens of ICO investigations” are underway, the cryptocurrency saw a steep drop, and at one point sank to its lowest value since last year. Many investors are concerned by these recent SEC moves, as many ICOs today are being run on the Ethereum platform.
This is the ICO Paradox (and here’s how to fix it)
According to Sia’s VP of Operations, the world of ICOs is deeply flawed, and Tokenized Securities Offerings (TSOs) may turn out to be a viable alternative. Tokenized Securities can be sold to the public, and require regulatory compliance in order to be sold to investors – making them more dependable from a legal and compliance perspective.
Stellar sets 2018 target launch date for Lightning implementation
The nonprofit-drive cryptocurrency Stellar has announced plans to adopt Lightning technology for all of its transactions as early as this year. The technology, which is increasingly becoming a priority for crypto platforms, will likely help resolve imminent scaling issues Stellar is facing now, and also aid in fueling its next phase of growth.
Here’s why Ethereum’s ICO whales can crash the market at any time
In trading parlance, “whales” are often thought of as individual investors – but in the world of crypto, ICOs are turning out to be the true whales, with immense market-shifting power that’s entirely dependent on when ICO project owners decide to cash out. When this does happen, many analysts see a concerning trend of repeated market crashes, primarily attributable to these “ICO Whales”. |
