What’s Up with Ethereum?

2018 is a tough year to hold cryptocurrencies. Most are down more than 80% from the all-time highs of late 2017. It reminds me of the 2014 bear market that I bought into where Bitcoin dropped almost 80% after I bought my first one. If you still believe in the cryptocurrency you bought, then hold … Read more

Litecoin Buys Into a Bank

A New Bank and Fintech Partnership The Litecoin Foundation, along with crypto payment processor and Litecoin partner TokenPay, acquire 9.9% each of  German Bank WEG Bank AG. Let’s look at why and why this is a big deal. By way of disclosure, I’m long Litecoin (LTC) and bullish on it for the future. Over the last … Read more

Bitcoin and AltCoin Taxes 2018

Bitcoin, altcoin, and cryptocurrency investors in the US are in a difficult place on how to stay tax compliant. There are many different professional opinions on tax compliance. Other than taxing Bitcoin and cryptos like property as an asset instead of as a currency, there has been no additional guidance so far from the IRS … Read more

Wish Finance: Blockchain SME Lending

Unlike EthLend, which is lending agnostic, Wish Finance is specifically for lending to small and medium-sized businesses, otherwise known as the SME market. Wish is based in Singapore. The white paper explaining their program is found right here: Wish Finance White Paper. Wish also has a separate pdf file giving an overview of their business. … Read more