by Dimitri Speck, Acting Man:
Looking for Opportunities
The last time we discussed Bitcoin was in May 2017 when we pointed out that Bitcoin too suffers from seasonal weakness in the summer. We have shown that a seasonal pattern in Bitcoin can be easily identified. More than a year has passed since then and readers may wonder why we have not addressed the topic again. There is a simple reason for this: the lack of extensive historical data for cryptocurrencies in combination with their extreme volatility.
by Michael Krieger, Liberty Blitzkrieg:
Don’t say things. What you are stands over you the while, and thunders so that I cannot hear what you say to the contrary.
– Ralph Waldo Emmerson
This past Friday, PayPal informed Alex Jones’ Infowars it was severing ties with the website and that it had ten days to find an alternative payment processor. The news transported me back to that summer day a little over six years ago when I first acutely recognized the power and potential of Bitcoin, and then publicly decided to embrace it.
by Ana Berman, Coin Telegraph:
Swiss blockchain startup Smart Valor has won approval from the country’s regulators to operate in the local financial market, Reuters reported September 5.
Smart Valor will be regulated by the local Financial Services Standards Association (VQF) rather than the national regulatory agency, the Financial Market Supervisory Authority (FINMA). The VQF is authorized by FINMA to check anti-money laundering (AML) compliance.
Status as a regulator-approved financial intermediary will purportedly give Smart Valor more credibility, as it will be actively supervised for AML compliance. However, it was not clear whether other blockchain-related companies in the country have won approval as financial intermediaries. Both FINMA and VQF declined to comment.