eResearch is pleased to provide a weekly commentary, authored by Tom McClellan, entitled “The McClellan Chart-In-Focus”, which is a free technical analysis article published weekly. In this article, Mr. McClellan illustrates bitcoin as a leading indicator (8-week period) for the stock market (DJIA).
The article can be accessed by clicking on the following link: McC_012618
tZero announced the launch of the tZero Crypto Wallet, a blockchain driven mobile platform used to hold, sell, and buy Bitcoin or Ether. [more]
Former President Donald Trump has outlined significant cryptocurrency policies aimed at positioning the U.S. as a global leader. Central to his platform is the creation of a “strategic Bitcoin stockpile,” filled with Bitcoin acquired through legal seizures. Trump also proposes a pro-crypto regulatory environment, including the establishment of a presidential advisory council on cryptocurrency and the appointment of a crypto-friendly SEC chairman. These proposals align with Trump’s broader economic agenda and have garnered support from key Silicon Valley figures. However, they also raise concerns about market volatility and the potential risks of reduced oversight. [more]
Hut 8 Mining struggled to maintain top line revenues, which decreased by 14% in Q1/2020, and Riot Blockchain purchased US$1.9 million of next-generation cryptocurrency mining machines from BitMain Technologies to save on energy costs. [more]
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