James Altucher Is Raising $10 Million for a Coinbase Rival

Investment guru James Altucher, heralded by some members of the mainstream press as the “face of the bitcoin bubble” for his outsize presence in internet ads, is raising money for a new cryptocurrency venture. As detailed in an SEC filing dated Thursday, Altucher is now co-founder of a Delaware company called Bitzumi, Inc., which intends … Read more

Ripple’s XRP is tumbling while bitcoin climbs

Ripple’s XRP cryptocurrency slumped as much as 34% Friday morning, trading down to $2.45 a coin, after New York Times reporter Nathaniel Popper said he was unable to verify many of the cooperating banks the company had previously announced. CEO Brad Garlinghouse denied those claims. Meanwhile bitcoin, the only cryptocurrency worth more than XRP by … Read more

Jobs day: Here’s a super-quick guide to what traders are talking about right now

Morning, and Happy Jobs Friday! Street is at 90k, but after data this week, “Whispers” are closer to 210k, with the high street guesstimate at 230k – All focus is on Wage Growth.  Northeast still reeling from the Storm, with 1200 flights cancelled.  EU Markets having another strong day, with the DAX jumping over 1% on … Read more

Profitable NVDA & CTSH “Velocity” Trades | Trading Concepts Daily Video

Join Over 85,000 Stock, Options, Forex and E-Mini Traders Who Receive FREE Daily Trading Videos! U.S. markets showed momentum for the third-straight session following better-than-expected economic data. The Russell 2000 climbed 0.2% while finally clearing its early December and previous all-time high following today’s intraday push past 1,560. The Nasdaq followed suit after rising 0.2% … Read more

A Twist on Trade Management | Simpler Futures Free Daily Video

If you have any money at all in a U.S.-based savings account, please pay close attention… A high-profile ex-CIA adviser just released a shocking presentation that details a nasty global event about to rock the markets… Dollars or percentages, nope. Look to the historical likelihood and repetitive price ranges. These are the objective levels that … Read more

Ethereum Price Hits Historic $1,000 Milestone, Eyes $100 Billion Market Cap

The ethereum price crossed $1,000 on Thursday, marking yet another historic milestone for the third-largest cryptocurrency. Ethereum Price Rips Past $1,000 Only four days have been marked off on the calendar, but January has already been a banner month for the altcoin markets. In this brief span, the combined value of altcoin market caps has … Read more

Bitcoin Futures Flat as Contracts Move Short and Merrill Lynch Imposes Ban

The Commodity Futures Trading Commission (CFTC), the industry’s main regulatory arm,  reports a net increase in short contracts; volume is sluggish, and a legacy bank has now outright forbid clients and advisers from trading in the relatively new product. While it is too early in the experiment to draw definitive conclusions, bitcoin futures might not be … Read more