Bitcoin 

Bitcoin ‘Carry Trade’ Can Net Annual Gains With Little Risk, Says PlanB

Trading crypto assets, or any market for that matter, is a zero-sum game. When one person wins, someone else must lose, making trading highly competitive. That being said, consistently profitable strategies can be hard to find. Recently, PlanB, a crypto investor and analyst active on Twitter, described a Bitcoin (BTC) trading strategy that yields a stated 7-10% profit annually with limited downside risk.  PlanB tweeted,   “Bitcoin cash and carry (spot buying BTC and simultaneously future selling for delivery in 1-6 months) will net you 7-10% annualized return .. almost risk…

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Bitcoin 

How to Manage — and Understand — Risk Tolerance in Crypto Investing

“Risk tolerance” is a buzzword that’s commonly bandied around in the investment world — and with very good reason. Although the phrase “no pain, no gain” has some truth — and there will always be some risk associated with making investments — we all have different thresholds of pain to consider. While some will suffer sleepless nights after the value of their portfolio slides by 1%, others can happily grin and bear it following a 10% hit. The art of risk tolerance involves understanding your emotional response to financial losses…

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Bitcoin 

CNH Tether Avoids USDT Regulatory Risk

In late August various crypto media reported that Tether planned to issue a Chinese yuan-backed stablecoin. Bitfinex shareholder Zhao Dong told ChainNews that the stablecoin would be called CNHT and be held in offshore accounts. Zhao also said that his peer-to-peer lending platform, RenrenBit, had invested in the project and on Sept. 9 Tether officially announced the launch of CNHT.  At the time Zhao said:  “Personally, I think the offshore yuan stablecoin could boost the circulation of offshore renminbi and internationalize it. Regulators may be happy to see it proceed…

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Ethereum 

Ethereum’s Gas-Guzzling Suspected Ponzi FairWin Funds at Risk

The biggest Ethereum contract in the industry, dubbed FairWin, is allegedly putting user funds at risk and continues to guzzle a major amount of gas on the network. Multiple crypto social media users have been analyzing what they believe to be the fastest-growing Ponzi scheme on Ethereum. On Sept. 27, blockchain developer Philippe Castonguay warned: “The http://FairWin.me Ponzi Scheme contains critical vulnerabilities that put all funds at risk. Spread knowledge (especially in Asia) Users need to withdraw their funds and stop interacting with the contract ASAP.” Crypto community sleuths at…

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Bitcoin 

Google’s Quantum Computer Breakthrough Not a Risk to Bitcoin, Says Dev

A well-known cryptographer has poured cold water on fresh fears that recent advances in quantum computing could endanger Bitcoin (BTC) security.  Bitcoin versus Google’s “quantum supremacy” In a Twitter discussion on Sept. 24, ex-Bitcoin Core developer Peter Todd led the criticism, which followed claims from Google it had achieved “quantum supremacy.” In a paper seen by the Financial Times, the tech giant said it had created a computer that solved an equation which would otherwise take 10,000 years in just 3 minutes 20 seconds.  “To our knowledge, this experiment marks…

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Bitcoin 

Bitcoin Price Now at ‘High Risk’ of $4,000 or Lower

Bitcoin (BTC) price is heading to $4,000 after breaking support to trigger a sudden bear market, says one of its most prominent critics. Gold bug pounces on Bitcoin price drop In a tweet on Sept. 24, gold bug Peter Schiff returned to bashing Bitcoin as it fell from $9,700 to a low of $7,990 in hours.  Subsequently correcting to circle $8,500, the recovery was not enough for Schiff, who claimed the shedding of $1,800 was just the start. “Bitcoin has finally broken below the support line of the large descending…

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Bitcoin 

Tor Browser Users at Risk of Losing Their Bitcoins

Finnish peer-to-peer crypto exchange LocalBitcoins has warned users about alleged security risks associated with anonymous browser Tor Browser. On Sept. 9, transactional compliance expert Richard Bensberg tweeted a screenshot of a LocalBitcoins banner warning Tor users about the risk of losing their Bitcoins (BTC), which stated: “Warning to all Tor users: A Tor browser exposes you to the risk of having your bitcoins stolen.” LocalBitcoins then responded to Bensberg, saying that while using Tor Browser is not against its terms of service, it does not recommend it for security reasons.…

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Bitcoin 

Bitcoin’s Risk Keeps Most Women Away From Cryptocurrency

Bitcoin (BTC) is less popular among women because they are less interested in risky investments, according to one of the cryptocurrency’s best-known female proponents. Ryyti: Women “more risk-conscious” In a Twitter discussion on Sept. 5, Miss Universe Finland 2015 winner, Rosa-Maria Ryyti, argued Bitcoin’s risk factor made it more appealing to men. She was responding to a query by analyst and Cointelegraph contributor, Filb Filb, who asked followers why the Bitcoin community was overwhelmingly male.  “Women are more risk-conscious in general and often go for a ‘slow & steady’ investment…

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Cryptocurrency 

G20 International Watchdog Says Regulators Need Better Crypto Risk Assessments

G20’s international watchdog, the Switzerland-based Financial Stability Board (FSB), said in its latest report that regulators need to improve their risk assessment strategies regarding financial activity in the crypto space, according to a report by Reuters on May 31. The report noted that one potential risk assessment metric regulators could look at is banks’ and other financial entities’ degree of exposure to cryptocurrency. The report also added that the FSB does not currently believe that crypto poses “a material stability risk” to the financial sector. As per the report, existing…

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Cryptocurrency 

Bitcoin Reclaims $13,000 as NY Fed Says Recession Risk Highest Since 2008

Bitcoin (BTC) hit $13,000 again on June 10 as the 2019 bull market delivered fresh reasons to celebrate for traders and HODLers.  Market visualization courtesy of Coin360 Data from Coin360 showed BTC/USD hitting $13,130 in early trading Wednesday, the pair reclaiming almost $1,000 in 24 hours.  The past days have surprised markets, with analysts previously warning a major correction should set in after bitcoin closed below $11,450.  Bitcoin 7-day price chart. Source: Coin360 Now, sentiment is trending to the upside, with regular commentator Josh Rager eyeing July’s monthly close as…

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