June, 2018 | - Part 3

Identifying Trend Reversals Using Price Action

Identifying Trend Reversals Using Price Action

The tricky thing about speculating on trends is that the very notion of a trend is a projection of something past folded into the present. In other words, it’s something of a paradox, but that’s beside the point. Essentially, you can’t predict the...

This is How Bitcoin’s Crash Might Impact Stocks

This is How Bitcoin’s Crash Might Impact Stocks

Some investors are worried that there might be a contagion spreading from Bitcoin to equities. According to CNBC, we are seeing a “divergence” that is rapidly widening between the S&P 500 and Bitcoin. So, what does this mean? It should be a relief to equities...

New York Financial Regulators Approved Stellar Lumens to Trade on itBit

New York Financial Regulators Approved Stellar Lumens to Trade on itBit

Financial regulators in New York has approved Stellar Lumens. It will be traded on itBit, an institutional-grade crypto exchange that also offers Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. The importance of this move is twofold: First, and most importantly, it...

More Banks Working with Cannabis Businesses Despite Federal Govt.’s Stance Against It

More Banks Working with Cannabis Businesses Despite Federal Govt.’s Stance Against It

Last month, FinCEN counted a total of 411 U.S. banks and credit unions operating accounts for cannabis businesses; a 20% increase since last year. The number of new cannabis businesses took a dive after AG Jeff Sessions revoked the Obama-era guidance on cannabis...

Steve Bannon and Harvard Academics Team Up to Create “Deplorable Coin”

Steve Bannon and Harvard Academics Team Up to Create “Deplorable Coin”

Remember Steve Bannon? Well, he’s back, and he’s teaming up with a few Harvard academics to create the “Deplorable Coin,” a reference to Hilary Clinton’s comment on the alt-right movement. Now, why is Bannon a strong supporter of the crypto-space? I think the answer...

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