The Phaserl


Bitcoin Surges Above $3000 As Asian Premium Collapses

from Zero Hedge:

Bitcoin prices (in dollars) have surged above $3000 for the first time in history this morning as CoinTelegraph reports that South Korea and Japan, the third and fourth largest Bitcoin exchange markets, are no longer showing Bitcoin price premiums.

Having reached over KRW4 million in late May (well north of […]

Talk About VOLATILITY: Bitcoin Hits $2806, Then Plunges Nearly $500 To $2346 Before Stabilizing At $2568, Up 4% On The Day

by SGT, SGT Report:

Well this Bitcoin thing is not for the faint of heart, particularly if you got in today for the first time at the new intraday all-time high of $2,806. Shortly thereafter the crypto cliff dived nearly $500 to $2,346 before bouncing back half way to $2,568. The grandaddy of […]

‘Spiritual Experience’: Hot, Wild Ethereum Summit is Sign of the Times

by Amy Castor, Coindesk:

Sweltering, crowded, and filled to capacity.

If there were a sign that blockchain may be overhyped, or that the industry is in the midst of a massive bubble, the Ethereal Summit may well have been it.

As if an effort to seize the moment, the one-day event, hosted by […]

BITCOIN Just Blew Through $1,900 to Hit a New All-Time High

UPDATE: As of 9:20 am CDT on May 19, Bitcoin is trading at $1960 USD.

by SGT, SGT Report:

Bitcoin hit a high of $1,918 USD according to real time data on Coinbase Thursday night, before pulling back to $1,902 at the time of this posting. The granddaddy of cryptos has been on […]

Simply WOW: $10,000 Bitcoin Investment in 2010 Now Worth $200 Million, Gold $9,900

by Joseph Young, Coin Telegraph:

Both Bitcoin and gold are considered prominent stores of value and safe haven assets. However, over the past seven years, one experienced a meteoric rise in terms of market cap, user base and value, while the other failed to live up to the expectations of its investors.

All […]

Silver or Gold or Cryptos… or All Three?

from SGT Report:

As PHYSICAL precious metals owners, we know where our hearts are. But with the rapid rise of cryptocurenncy as an alternative to the US Dollar and other fiat currencies, the question needs to be asked: Is there room in our portfolios for a little Bitcoin, Ethereum or Lite Coin? The United […]

Bitcoin Just Hit $1,477 USD on Coinbase, Ethereum Approaches $80 While Gold & Silver Languish

by SGT, SGT Report:

Bitcoin is approaching $1,500 USD, rising more than $70 today as volume in trading for the cryptocurrency surges to an all-time high.

According to data from CoinDesk, the surge in Bitcoin comes during a period in which volume is shifting to new markets, like Japan, where newly enacted regulations have […]

Adam B Levine: Ethereum Has Long Way To Go To Becoming A Dominant Cryptocurrency

from WallStForMainSt:

In this podcast, we discussed the impact bitcoin halving will have on the price and on bitcoin itself. We also talked about the possibility of bitcoin becoming non existent in the near the future.

Juan Galt: What is Going on With the DAO and Ethereum?

from TheAnarchast:

A record breaking $140 million crowdfunding for the DAO project, the Ethereum project. smart contracts, the $40 million dollar hack of the DAO, the Mt Gox of Ethereum, the implications for Ethereum, the need for further code evolution, the difference between government and the Blockchain, the future of Ethereum, the Anarchapulco Settlers […]