History Doesn't Repeat Itself, But It Does Rhyme
The best part about Fred Wilson's posts is that he doesn't need to write lengthy essays to articulate an idea or teach a concept...
In this short post, he highlights how the crypto sector is essentially following the same timeline as the web sector... while capturing a bullish sentiment that we can all agree upon.
| | Bitcoin's Pivotal Monthly Close...
Willy Woo, one of the most successful crypto analysts of our time, shed some light on BTC's recent price action...
"We'd need to close above 8,300 by the end of the month (4 more days), or we'll likely have a bearish December to test new lows. 2020 will be a good year, I almost want it to go lower to collect cheaper coins."
While Willy Woo cites $8,300 as the next bull target, Michel Novogratz (another closely followed and insightful crypto mind) of Galaxy Digital thinks otherwise. He feels BTC must break above $7,500 before months end in order to avoid another downward trend.
Regardless of who you want to believe, one thing is for certain – BTC's monthly close will be pivotal for active traders around the world.
| | Want a Crypto "Edge"? Join Tonight's Training...
Tonight, our friends Dirk and Mitch will make one of the BIGGEST crypto predictions of their illustrious careers... And if they correct, 180 days from now you could be significantly wealthier (we are talking possibly millions wealthier). And contrary to popular opinion, it's not about investing on any of the "BIG 3" crypto.
Mitch and Dirk are laser focused on a pivotal crypto happening that overtakes the crypto markets every four years.
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| | Ponzi Schemes, Private Yachts, and a Missing $250 Million in Crypto: The Strange Tale of Quadriga
This week we've lined up two awesome weekend long-reads that seem like something from a Scorsese script. The first covers a honeymoon, a death in Jaipur, and a missing crypto fortune (The secret life and strange death of Quadriga Founder Gerald Cotten).
Moving on, we've got the bizarre tale of a 'Cryptoqueen' scamming the world... and then vanishing.
| | Hard Problems in Cryptocurrency: Five Years Later
Vitalik Buterin takes a look back at his "Hard Problems in Cryptocurrency" blog post and presentation from 2014, and provides some insight on the progress we've made since.
| | Paxful is the Most Important Bitcoin Company You Don't Know About
Here's a tip-top article covering a real world BTC use case and the evolving gift card remittance economy that has developed around the Paxful platform.
"While this process may seem complicated, Nigerians who engage in these trades tell me that the entire process can be completed in 20–30 minutes with the end result being that local Nigerian currency arrives to the family member's Nigerian bank account."
Get your TL;DR here.
| | A Comprehensive Review of Crypto M&A
While the cryptocurrency industry is still in its infancy, there has been a rise in mergers & acquisitions involving crypto companies. However, beyond anecdotes, press releases, and high level summaries there haven't been any thorough or forward-looking analyses – until now. | | 5G Will Explode on December 10
On that day, according to our friends at the Oxford Club, the largest 5G spectrum auction in American history is expected to take place. $20.4 billion will start GUSHING into 5G networks... with many, many more billions to follow.
The economic impact of 5G cannot be overstated. And one company holds the cornerstone technology that will help make all of this possible...
| | Global Protests Reveal Bitcoin's Limitations
In the face of censorship and isolation from their countries' financial and communication systems, protesters across the globe are testing out bitcoin and other decentralized technologies – then promptly discovering their limitations...
| | 🇹🇭 Thailand's SEC to Amend Decree on Digital Asset Businesses
Thailand's Securities and Exchange Commission (SEC) plans to amend its digital asset business regulations next year in a bid to boost market growth.
Secretary-general of SEC said: "Laws should not be outdated and should serve market needs, especially for new digital asset products, and be competitive with the global market. We need to explore any possible obstacles."
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