Year: 2019

China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan

China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has […]

Ethereum Price Targets 9 Month Low as DeFi Markets Strengthen

Ethereum Price Targets 9 Month Low as DeFi Markets Strengthen It has been another miserable week for Ethereum as prices continue to erode. Further declines today have left the world’s second largest crypto asset in danger of hitting a nine month low. Decentralized finance (DeFi) markets are in an opposing […]

Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind Bars

Ross Ulbricht Uses Elliot Waves to Predict Bitcoin’s Trajectory From Behind Bars Ross Ulbricht, serving life without parole for allegedly running the Silk Road marketplace, hasn’t allowed his detention to deprive him from monitoring bitcoin’s price action. In a new blog series titled Bitcoin by Ross, Ulbricht reveals that he […]

The State Encourages ICO Fraud. The Free Market Minimizes It  

The State Encourages ICO Fraud. The Free Market Minimizes It   Many Initial Coin Offerings (ICOs) have been and are frauds. The state enables this con game in various ways, including the establishment of accredited investors and the regulation of businesses that sell equity. Shut off from the most lucrative aspects […]

Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun

Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows […]

Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners

Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their […]