Month: November 2017

We’ve just closed out on the European session and it’s time to put together the second of our twice daily analyses in the bitcoin price. This morning’s analysis was pretty simple – we wanted to see a continuation of the upside run with, ideally, a clean break through the $10,000 mark and – subsequently – a holding of said level as support. We didn’t get quite what we were looking for. Price is currently correcting pretty substantially and there’s a Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Wall Street strategist Bob Doll said that the record-setting bitcoin price rally may be predicated on investor speculation, but that does not detract from the fact that it is on an “amazing run”. Doll, chief equity strategist at Nuveen Asset Management, told CNBC that bitcoin’s meteoric rise “feels speculative” but has been fascinating to watch. “‘With bitcoin, why do you need the stock market?’ has been the Read more …

Joseph Grundfest, commissioner for the Securities and Exchange Commission (SEC), and now Stanford Law professor, says that Initial Coin Offerings are an almost comedic violation of securities law, and should absolutely be regulated immediately. He’s so convinced, in fact, that he has been contacting the current administration to pursue them. He said: “ICOs represent the most pervasive, open and notorious violation of federal securities laws since the Code of Hammurabi… We’re waiting to see a whole bunch of enforcement actions in Read more …

The effective management of costs and efficiencies is a vital element for ensuring high-functioning healthcare systems. Nowhere is this trend being more closely watched than in the U.S. and U.K.  According to a 2015 report by the Center for Medicare and Medicaid Services, the most recent year for which data is available, total expenditures on healthcare in the United States was $3.2 trillion, approximately 17.8 percent of the nation’s gross domestic product (GDP). Fortune Magazine reported this year that the Read more …

Looking at the total market cap of the cryptocurrency market, which recently crossed over the $300 bln mark, it is both exhilarating and terrifying at the same time. This digital currency world that came into being less than 10 years ago has grown astronomically in such a short space of time. Indeed, 2017 alone has seen just Bitcoin go from $800 to nearly $10,000, and there is still a month to go. The records have crumbled for the Big digital Read more …

The latest thing in the digital revolution is the proliferation of the Internet of Things (IoT). The IoT is a web of connected devices that communicate with each other and produce data, like wearable devices, smart cars and smart home features. These products are connected to the Internet and are producing data that is being used to make life more comfortable and simple for consumers. However, with all the data streaming from users these days (one estimate is that each Read more …

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. In an interview with Fox Businesses in 2014, billionaire investor Tim Draper predicted the bitcoin price to surpass $10,000 in three years. At the time of reporting, the bitcoin price is at $9,650, and is en route of reaching $10,000 by the end of 2017. Basis of Draper’s Prediction Since 2014, Draper has been one of the most active investors in the cryptocurrency market, alongside Barry Silbert Read more …

Ethereum creator Vitalik Buterin has laid out the future plans for the technology at a blockchain conference in Taiwan. He opened with a statement in reference to the numerous Ethereum replacements that have been launched in recent months. “The Ethereum killer is Ethereum, the Ethereum of China is Ethereum, the Ethereum of Taiwan is Ethereum… 2.0.” Four areas of improvement to the Ethereum platform were then described; privacy, consensus safety, smart contract safety, and scalability. Buterin sees a solution for Read more …

Reviews Notorious bitcoiners Cody Wilson and Amir Taaki are subjects of the first real Millennial document of our present century, The New Radical, set for theatrical release this week. It’s an intimate look at what happens after media cameras vanish and idealists are left with the real-world consequences of confronting societal norms. Color | English Language | 109 minutes Also read: Crypto-Anarchist Cody Wilson Launches 3D Printed M1911 Handgun Software Mr. Wilson readies for his segment in The Read more …

Bitcoin gold (BTG) may have leapt up in the token rankings, but its gleam may soon dull, the price charts indicate. Notably, the new cryptocurrency, a bitcoin spinoff with a protocol designed to make mining more democratic, has now become the fifth largest cryptocurrency by market capitalization. Yet, despite a rally to a high of $413.74 on Nov. 24, and a doubling of prices since Nov. 19, BTG faces plenty of skepticism in the investor community over its real-world role. Read more …