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DOJ Launches Bitcoin Probe

By Vin Narayanan on May 24, 2018

The Department of Justice has launched a probe into bitcoin price manipulation, according to a Bloomberg report today. The report, which cites four anonymous sources, says the DOJ – with the cooperation of the Commodity Futures Trading Commission (CFTC) – is looking at whether spoofing has been used to influence bitcoin prices. The CFTC regulates bitcoin futures. Spoofing is when someone uses fake transactions to trick others into buying and selling. The price of bitcoin dropped…
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Facebook and Bitcoin Poll Generates Interesting Results

By Allison Brickell on May 24, 2018

Two weeks ago, we sent you a tech news poll created by Arbit, one of our portfolio recommendations. The response rate was fantastic – which tells us you’re paying attention. (That’s a relief.) We learned that 68% of you care about how Facebook uses the data it…
The fact that two groups, each with its own impressive set of corporate backers, are trying to become the enterprise standard for blockchain tech is good news.
A look at the top 10 initial coin offerings shows that ICOs - if done correctly - can be an important funding tool for startups.
This week’s News Fix looks at good news for institutional investors who want to invest in cryptocurrencies, the SEC’s “fake” ICO website, the proposed blockchain phone and other news from the week that was.
The market distortions from the "wealth effect" are starting to normalize, which means you need to change your investment strategy.
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At some point, every “disruptive” technology or business becomes the “establishment.” That’s the way of the world. Southwest Airlines used to be a plucky upstart budget airline. Now it’s a major airline in the same league as Delta, United and American. Amazon changed the face of retail with e-commerce.
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New Recommendation: WAX

By Adam Sharp on May 16, 2018

I’m very excited about our newest recommendation, WAX. WAX stands for Worldwide Asset eXchange, and it’s one of the most promising and real crypto projects in the world. I’m putting this pick in our Speculative Portfolio due to its small size and relatively early stage of development. However, as…
A beer vending machine was created by Anheuser-Busch and blockchain identity verification company Civic. And it’s a big step forward for blockchain technology.
It’s hard to keep up with the news these days. Between CNBC, Bloomberg, The Wall Street Journal, TechCrunch, Facebook and Twitter – just to name a few – there’s so much information flying around that it’s become hard to tell what’s really important… and what’s just noise. The cryptocurrency news…
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Crypto Market Update for May 11, 2018

By Adam Sharp on May 11, 2018

Editor’s note: I’ll have a new crypto pick for you early next week. Dear Member, Crypto markets are down today on news that leading South Korean exchange Upbit is under investigation for suspected fraud. Upbit is South Korea’s largest crypto exchange. According to Cointelegraph,…

Why Is Buffett Lashing Out at Bitcoin?

By Adam Sharp on May 11, 2018

Warren Buffett recently called bitcoin “rat poison squared.” What’s driving his hatred of cryptocurrency?
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  One of the biggest things preventing institutional investors from entering the crypto market is regulations. They’re itching to get in, though. This week, we found out the parent company of the New York Stock Exchange is planning on building a bitcoin trading platform for big investors. Goldman Sachs…
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Bitcoin or Gold? Take the Arbit Poll

By Allison Brickell on May 10, 2018

Dear First Stage Investor, Chipotle or Qdoba? Celtics or 76ers? Bitcoin or gold? Simple polls with simple questions are a popular form of discussion on the internet (just visit Buzzfeed). In the age of social media, a company that can capitalize on that engagement – and the data it provides…
A look back at the different waves of cryptocurrency adoption suggests the sweet spot for investment is right now.
Regulations are becoming a critical factor in the crypto markets. That’s why Tuesday’s Congressional hearing on cryptocurrencies and blockchain technology is so important. Follow us on Twitter @Early1nvesting to get live coverage and analysis from the hearing.