News 

Review: HTC Exodus 1s, the Full Bitcoin Node Smartphone

When it launched during The Lightning Conference in October 2019, HTC’s Exodus 1s smartphone took on the ambitious mission of endowing Bitcoiners with a device that delivers the security of a hardware wallet and the privacy and sovereignty of a full Bitcoin node.  At a retail price of 219 euro (approximately $245), plus shipping tax, the device is more affordable than a Casa Node and twice as expensive as a Ledger Nano X hardware wallet. Weighing less than 6 ounces and sporting a shiny 5.7-inch screen, the HTC Exodus 1s…

Read More
Dow Jones Housing Market Market News Op-ed 

Dow Blazes While U.S. Housing Market Data Surge to Pre-Recession Levels

The Dow sped toward a weekly gain of more than 500 points. A key U.S. housing market metric surged to its highest level since before the financial crisis. Recession hawks say the “next housing market crash” won’t involve mortgages at all. The Dow capped a spectacular week with a final bounce on Friday, as U.S. homebuilding activity surged to its highest level since the housing market crash. With Wall Street sentiment succumbing to “extreme greed” and more tax cuts potentially on the way, investors don’t appear worried that the growing…

Read More
News 

Blockchain Dispute Resolution Firm to List On London Stock Exchange

A company that uses smart contracts to manage arbitration and dispute resolution around blockchain transactions announced on Jan. 17 its intention to list on the Main Market of the London Stock Exchange. Proof of Trust Ltd did not give any financial details or timetable for the listing, but CEO Dean Armstrong said that the company was excited at the prospect of the listing and “look[s] forward to providing investors with the opportunity to share in this groundbreaking project.” Insurance protocol for smart contracts and blockchain transactions The company describes its…

Read More
News 

Bitcoin Price Already Up 25% in 2020 After Hitting $9,000

Bitcoin (BTC) hit $9,000 on Jan. 17 as technical metrics continued to break both local and all-time records.  Cryptocurrency market daily overview. Source: Coin360 BTC clips $9,000 as traders lie in wait Data from Coin360 and Cointelegraph Markets showed BTC/USD finally rising to the significant $9,000 boundary on Friday, following a bullish run-up overnight. At press time, a slight retracement had sent the pair slightly lower to $8,900, with 24-hour returns still at 3% and weekly performance stronger at almost 16%. Bitcoin holders are currently sitting on monthly gains totaling…

Read More
Business News china germany Op-ed Tesla Volkswagen 

2 Factors Why Sky-High Tesla is a Massively Overvalued Stock

Tesla is overvalued at $92.55 billion and has an extreme premium. Its earnings to valuation ratio is almost 10 times bigger than traditional carmakers. TSLA continues to be the most shorted automaker stock, and that’s a positive for the company. Tesla (NASDAQ: TSLA) is valued at $92.55 billion. That is just $8 billion short of the market cap of Volkswagen, the second-largest carmaker in the world behind Toyota. All the numbers point toward a highly inflated valuation, worrying investors. Sign #1: Extremely high premium on earnings As of January 15,…

Read More
News 

VC Giant Grayscale Investments Reports Record-Breaking Year

Venture capital firm Grayscale Investments banked a stellar 2019 to surpass the $1 billion mark in total investments.  By the numbers In a comprehensive eighteen-page report, the firm touted a record Q4 in 2019. It raised $225.5 million into its investment products, lifting the year’s inflow to $607.7 million after back-to-back quarterlies over $225 million, possibly signaling a larger market trend.  71 percent of the year’s inflow sprung from institutional investors. Managing director Michael Sonnenshein told Cointelegraph:  “We saw record-breaking investment into Grayscale’s family of products, illustrating continued demand from…

Read More