The Secret Hedge Fund That is Outperforming Bitcoin

This ‘stealth’ cryptocurrency hedge fund is being backed by the top venture capitalists in Silicon Valley. Choosing instead to let its performance numbers speak for themselves, the fund has shied away from the spotlight and never even announced its recent fundraising round.

The Way Forward

Secret Hedge Fund - the Way Forward

MetaStable Capital, is a hedge fund in ‘stealth’ mode that primarily focuses on cryptocurrencies and ICOs. One of hedge funds founders is the well-known CEO of AngelList, Naval Ravikant. This unique hedge fund has been exclusively investing in prominent cryptocurrencies like Bitcoin and Ethereum, and the strategy has paid off. The startup has … Read the rest

Blockchain CEOs Respond to SEC ICO Verdict

TheMerkle SEC ICOs Blockchain CEOs

When the SEC announced that cryptocurrency ICOs may be considered securities, many people were confused. The announcement left a lot of room for speculation. Various blockchain experts have issued statements on this topic, and it will be interesting to see how things evolve over the coming months. Cryptocurrency ICOs will be scrutinized even further for the time being.

SEC’s ICO Verdict Leaves Room for Speculation

It was only a matter of time until the SEC or any other governing body would weigh in on the current cryptocurrency ICO craze. Allowing companies to create value-based tokens out of thin air while Read the rest

Bitcoin Price Drops Again During Traditional Weekend Drop

TheMerkle Bitcoin Price Decline

Weekends are traditionally a boring time to trade cryptocurrency.  Either there is no market movement whatsoever or all major currencies see significant price declines. This weekend seems one with small declines for all top currencies, which is not something to worry about anytime soon. However, it goes to show the Bitcoin price may not reach US$3,000 as early as experts had hoped.

Cryptocurrency’s Weekend Downtrend is in Full Effect

The past week has been filled with more ups and downs than most people would like. The overall cryptocurrency momentum for 2017 is still pretty bullish, given a lot of the Read the rest

Facebook’s Free Basics Initiative Is All About Collecting User Data

TheMerkle Facebook Free Basics Data Harvesting

Facebook does many different things at once. It has become so much more than just the parent company of the world’s largest social media platform. Over the years, Facebook has gotten involved in virtual reality, instant messaging, and even the idea of providing free internet to unconnected people all over the world. The Free Basics initiative sounds great on paper, but there are a lot of downsides to this project. Creating an on-ramp to the internet is not without its drawbacks.

Facebook’s Free Basics Is Flawed

Despite all of the downsides, Facebook’s efforts in this area have been monumental. On Read the rest

Are Exchanges Safe Places to Keep Bitcoins?

bitcoin exchanges safety

When most people start to get excited about Bitcoin there tends to be a list of frequently asked questions that they go through immediately. How do I buy it? Who accepts it? What can I buy with it? Is gambling with bitcoin legal? Where can I store it? How do I protect it?

Security is always one of the obvious concerns that first time bitcoin traders have. With physical money, the question of security has a pretty natural answer but when you are talking about digital currencies it’s just not as simple as keeping it hidden away under lock and Read the rest

BitBike: This Bitcoin-Powered ‘AirBnB’ for Bicycles Wants Your Vote

BitBike, a P2P bike sharing startup using Bitcoin for payment, is currently looking for votes to determine the first cities for launch.

‘AirBnB’ for Bikes with Bitcoin

The aim of the bike hire initiative is for people to both rent their own bike and hire them out to other BitBike members using a mobile phone app. Users will be able to browse bikes that are currently available and the BitBike website promises that there will be user reviews too. Payments will be made by scanning a QR code with your phone and the website states that the app will accept… Read the rest