Cryptocurrencies Archives - This Time it is Different

Endgame for Cryptocurrencies?

$700 billion lost in (notional) value this year already. Like they say – never try and catch a falling knife,

Total Cryptocurrency Market Cap

Oil Prices

The price of crude oil crossed $70 per barrel today, the highest since November 2014.

US firm ConocoPhillips has taken over oil inventories and terminals of Venezuelan state-owned PDVSA under court orders to enforce a $2 billion arbitration award by the International Chamber of Commerce. Further, US President Donald Trump said he’d announce his decision on the Iran nuclear deal on Tuesday. Both developments contributed to soaring oil prices. Continue reading “Oil highest since November 2014; Dollar index hits its highest level in 2018; Warren Buffett and Bill Gates on Cryptocurrencies”

It isn’t over until it is over. This time it is different for cryptocurrencies. Continue reading “This time it is different for cryptocurrencies”

Following on from a 2015 announcement from the Commodity Futures Trading Commission (CFTC) that cryptocurrencies are a commodity (read here), a US judge has ruled that upheld that cryptocurrencies are commodities (read here). Continue reading “As US Judge rules cryptocurrencies are commodities, should we now call cryptocurrencies virtual commodities?”

The Bank of England Governor Mark Carney delivered a speech titled “The Future of Money” at the University of Edinburgh on March 2, 2018. Goes without saying Cryptocurrencies came up. Continue reading “The Governor of the Bank of England is right on cryptocurrencies”

We look at what would it mean if Cryptocurrencies contributed to economic data such as GDP (via mining activity) or global money supply (as a currency) in 2017 and some more things, Continue reading “If Cryptocurrencies contributed to economic data points such as GDP or global money supply in 2017 plus some other things”

The Dow Jones Industrial Average Index suffered its largest fall in absolute terms on Monday (February 5, 2018), it fell 1,175.21 points or 4.60%. Continue reading “Dow Jones Industrial Average suffers its largest absolute fall ever, did Google Trends predict the Bitcoin price crash?”

We explained Blockchain here. Now it appears that adding the word Blockchain can do wonders to your company stock price. As can associating your company with Blockchain. Continue reading “Want your company stock price to soar? Just add Blockchain! Plus cryptocurrency mining causes graphics card shortages”

Kodak – the company which once was the leader in photography, went bankrupt in 2012 and was reborn as a company focussing on commercial imaging has launched the KODAKCoin cryptocurrency and a platform called KODAKOne that leverages blockchain. Continue reading “A New Kodak Moment (Cryptocurrency, what else?), Greece pays lower interest on bonds than the US”