Class Action Complaint Accuses Coinbase of ‘Insider Trading’

A class action lawsuit was filed against Coinbase this past Thursday on March 1 accusing the exchange of ‘insider trading’ for the bitcoin cash launch last December. The complaint filed by the plaintiff is demanding a jury trial for losses incurred on behalf of himself and the other customers involved. Also read: Markets Update: Crypto Markets … Read more

Trading Tip `the Wall´ – Disappearing Premiums Signal Bearish Mid-Term Outlook

Up until now, bitcoin has largely been behaving as an uncorrelated asset. This got a lot of people excited, categorizing bitcoin as a future digital gold or a safe haven asset. The worst thing about this recent dip in price ($5,873, GDAX) was not the decrease in the price itself. Much more daunting for bitcoin, … Read more

Coinbase Is Adding Segwit Support

After months of prevarication, Coinbase has announced that it will add Segwit support to its bitcoin wallets. The much anticipated and long overdue move will go some way towards reducing transaction fees for users of Coinbase and GDAX, assuming it follows suit. Coinbase has come in for repeated criticism over the inefficient way it handles … Read more

Markets Update: BTC Prices Suffer from a 65% Loss Since December

Bitcoin prices and cryptocurrency markets, in general, have been declining in price for the past six weeks straight with a few bounces here and there. Currently, BTC/USD markets have reached the lowest price in weeks touching $6,600 on February 5, 2018, erasing the past three months worth of gains. Also Read: China Censors Cryptocurrency Ads on … Read more

Trading Tip `The Wall´ – I Was Wrong

Last week, I made an analysis of the bitcoin price situation. My analysis noted that while the rumors of Wall Street price manipulation was most likely false, the fear was real. Despite that, the price did not break under $10,000. Because my inclination towards bitcoin is bullish (based on the the positive sentiment around the … Read more

Coinbase Sends American Clients IRS Tax Form 1099-K

If you are an American client of Coinbase and made plenty of transactions during 2017, you better check your email. The company sent out tax forms for 2017 to many clients who were not necessarily expecting it. Also Read: Bitcoin Tax Reporting Software Developer Node40 Acquired for $8m IRS Tax Form San Francisco-based cryptocurrency exchange … Read more

Trading Tip `The Wall´ – Wall Street Price Manipulation? Go Long

Trading is arrogant, be it on Wall Street or across crypto exchanges. In order to trade rather than hodl, you must fundamentally believe you’re smarter, more disciplined or better informed than the other half of the market. Time will tell. But as long as you’re trading, we’ve established that you’re at least more arrogant than … Read more

Coinbase to Reopen the GDAX Bitcoin Cash-Euro Order Book

Many European cryptocurrency investors are about to get another venue for investing in bitcoin cash with their regional fiat. The GDAX exchange will start offering BCH/EUR trading again in just a couple of days. Also Read: Bitcoin Cash Added to Keepkey Wallet, Exchanges in India and Hong Kong BCH/EUR on GDAX GDAX exchange, a subsidiary … Read more

Trading Tip `The Wall´ – Why Do We Fall, Bruce?

This week, the price of bitcoin reached a low-point of -53% from its December high. A few weeks ago, I wrote about the Death of the “Get in before Wall Street!”-meme and why it made sense to Short the Great Bitcoin Bull. My viewpoint remains unchanged in that I’m still confident that the CME bitcoin futures listing … Read more