Wednesday, September 11, 2019

📌 BTC for Hurricane Victims, Crypto Hedges, and How Ethereum Wins

MUST READS

Coinbase Enables Bitcoin Donations to Bahamas Hurricane Victims

Looking for a way to help those affected by Hurricane Dorian? Lend a Hand Bahamas has set up a Coinbase Commerce account to easily accept crypto donations for relief efforts.

Donate here. And learn more about Lend a Hand Bahamas here.

☮️ A Most Peaceful Revolution

Usually, we like to put the in-depth long reads inside the "Deep Dives" section of this newsletter. But for this masterpiece drafted by Nic Carter, we had to make an exception. It's a bit lengthy, yes, but it's all well worth it.

A "Must Read" is an understatement... this is one of the best essays of the year.

Coinbase May Soon Launch an Initial Exchange Offering Platform

Speaking on a panel Wednesday, Coinbase's head of institutional sales said an initial exchange offering (IEO) platform is one of several capital-formation tools currently being explored by Coinbase.

"We think there's a really interesting opportunity there for Coinbase," said Kayvon Pirestani, adding:

"In a nutshell, Coinbase is carefully exploring not only the IEO space but also STOs [security token offerings]. But I can't make any formal announcements right now."

The Name of Teeka's New #1 Crypto Pick Is…

Teeka Tiwari's top five crypto picks could've turned $500 into $1 million.

LIVE on September 18 at 8:00 PM ET, he's revealing the name of his new #1 pick.

Click here now if you want it for free (no purchase necessary).

DEEP DIVE

Some Thoughts On Crypto

Aside from the shameless Kin plug (USV is a huge financial backer of Kin), you always gotta appreciate Fred Wilson's quick and simplistic posts on anything finance related.

Here are his latest thoughts on crypto...

Bitcoin in a Deflationary Age

Amidst the interest rate insanity, Kevin Virgil attempts to explain whether it makes sense for both professional and retail investors to own Bitcoin and other digital assets as a hedge against the inevitable destructive force of negative interest rates.

TL;DR: The answer is 'yes, it does make sense!' However, it's important to understand the reasons why.

The Tides of Ethereum...

Finally, some positive news coming from the world of Ethereum...

According to Tradeblock Research, Decentralized finance (DeFi) on the Ethereum blockchain is leading to more demand for ether (as well as increasing the price). Nice.

Now, let's look at the contrary. This is a strong bear case on ETH and DeFi, written by Albert Wenger.

Former Speaker John Boehner Goes from Marijuana's Biggest Foe to Its Biggest Advocate

He used to be marijuana's biggest foe... but now, he's admitting he was DEAD WRONG. And for the first time ever, he's revealing three events that will transform the cannabis industry forever.

Click here to watch right now - and learn how to set yourself up for a massive potential windfall.

REGULATORY FRONT

🇨🇳 First Look: SEC Warms to Bitcoin ETF Amid Price-Manipulation Fears

SEC Chairman Jay Clayton says the agency is inching closer to finally approving a bitcoin ETF. However, he warns that more work needs to be done to deter price manipulation and ensure a transparent market.

Clayton made the assertions during a CNBC interview with Bob Pisani (click here for video).