Governance

As the price of bitcoin rose to over $11,000 this morning (from lows near $6000 two weeks ago), governance was a key theme over the past week. While public comments from the SEC as well as regulators in South Korea and Singapore were fairly positive, the SEC this week warned on “pump and dump” cryptocurrency  … Read more


Posted: February 19th 2018 None

Regulatory Support: “My Niece is a Hodler”

Last Tuesday February the Senate Banking Committee held a hearing with SEC Chairman Jay Clayton and CFTC Chairman Christopher Giancarlo to discuss potential cryptocurrency regulation. As the chart below displays, the cryptocurrency market was in the middle of its second major correction of 2018, and began a recovery process after the hearings. Both Chairs acknowledged  … Read more


Posted: February 12th 2018 None

Crypto is Global

Cryptocurrencies lost over $250B of value last week as more regulators around the world issued guidance. Unfortunately much of the press coverage missed the mark, with many headlines claiming that India was banning cryptocurrencies. Indian Finance Minister Arun Jaitley, during annual budget conversations, reiterated that bitcoin was not legal tender, and that the government would  … Read more


Posted: February 4th 2018 None

Thoughts from Davos

Everywhere I went in Davos at the World Economic Forum, be at the large scale speeches or more intimate dinners, conversation invariably turned to the blockchain. From world leaders to the local baristas, everyone was curious on what the upcoming year would bring for the sector. Jamie Dimon and others bristled at being asked on  … Read more


Posted: January 28th 2018 None

Crypto Markets Correct

Last week saw a significant correction in the bitcoin and broader cryptocurrency market, with the top 100 coins declining anywhere from 15–30% over a 2 day period, and the overall cryptocurrency market losing $200B of market value before making up some of that loss. On Wednesday, when the crypto market plummeted, CNBC aired a clip  … Read more


Posted: January 22nd 2018 None

Blockchain Everywhere

I spent much of the past week at CES, the Consumer Electronics Show. It used to be a “must-go” in Web 1.0 and 2.0, when there were significant product announcements slated for the show. It’s where the newest television displays were first seen, where mobile handsets first revealed. While that still happens, new products are  … Read more


Posted: January 14th 2018 None

The Year Ahead in Crypto

Bitcoin and Ether, both fairly quiet in the last 2 weeks of the year, experienced price increases in the first week of 2018. With several smaller tokens experiencing triple digit gains, many traders likely took profits from those price increases and re-invested back into the two most seasoned cryptocurrencies. As the Ripple token (XRP) briefly  … Read more


Posted: January 7th 2018 None

New Year’s Eve Edition

The last 2 weeks of 2017 provided an exclamation point to the past year in the cryptocurrency world — more drama and a coin that surged to overtake Ether in the #2 spot. Ripple (XRP) started the year at $0.006 and as of this morning was priced at $1.96. The company has raised $93M in  … Read more


Posted: December 31st 2017 None

Futures Launch

This evening bitcoin futures will start trading on the CME. While trading has been light on the CBOE after last Sunday’s launch, after briefly crashing the CBOE website upon launch, the CME product will likely have heavier volume as it is geared towards more institutional investors. We did see another Bitcoin price increase, to over  … Read more


Posted: December 17th 2017 None

Bitcoin at $10K – The Beginning

The price of bitcoin reached $10K earlier today.  Over the years I have seen a significant change in conversations around virtual currencies (“it’s for drug dealers!”; “there’s no underlying asset!”; “it’s a fraud!” to “how do I buy bitcoin”?;“can you help me look at this ICO?”) and we are no doubt at the cusp of  … Read more


Posted: November 28th 2017 5