Speculative investors: educate yourselves!

Some investors (and some might argue that this is being generous in the context) rely upon “momentum” and the “advice” of posters on stock discussion forums. Take recent activity in Snow Lake Resources (LITM.OQ) stock, which has seen dramatic swings in both directions in the past few trading sessions.

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Cryptocurrency regulation

In yet the latest indicator that governments will not allow unregulated expansion of cryptocurrencies, the U.S. Securities and Exchange Commission (SEC) has formally advised Coinbase Global, Inc., an online cryptocurrency platform listed on the Nasdaq exchange, that it will bring legal charges against the company if it launches its “Lend” product as originally planned.

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Bitcoin’s bogus trading

In a study prepared by San Francisco-based Bitwise Asset Management and recently submitted to the U.S. Securities and Exchange Commission, nearly 95% of all reported Bitcoin trading is revealed to be artificially created by unregulated exchanges. Continue reading “Bitcoin’s bogus trading”