Maverick Investing

Bitcoin’s Price Drops Below $10,000 for First Time Since Early December
Jan17

Bitcoin’s Price Drops Below $10,000 for First Time Since Early December

by Stan Higgins   According to CoinDesk’s Bitcoin Price Index (BPI), the cryptocurrency’s value has hit a low of $9,714.02 as of press time. The last time bitcoin’s price was below $10,000 was on Dec. 1, BPI data shows. Market analysis suggests that the price could shift in either direction and recent regulatory developments – out of South Korea and China in particular – could roil markets further, according to...

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South Korea plans to ban cryptocurrency trading, rattles market
Jan11

South Korea plans to ban cryptocurrency trading, rattles market

SEOUL (Reuters) – South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation’s police and tax authorities raided local exchanges on alleged tax evasion. Post from Reuters.com by Cynthia Kim, Dahee Kim The clampdown in South Korea, a crucial source of global demand for cryptocurrency, came as policymakers...

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What The Future Holds For Canopy Growth Corp.
Jan10

What The Future Holds For Canopy Growth Corp.

Summary The short- and long-term outlook for Canopy Growth Corp. Sessions’ gift to the company. Legal cannabis demand about to soar. Best positioned for expected growth in demand. Original post from Seeking Alpha by Gary Bourgeault  source: new cannabis ventures The short- and long-term future of Canopy Growth Corp. (OTCPK:TWMJF) looks very strong, as demand for legal and recreational cannabis grows, and public opinion continues...

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The Legal Weed Kingpin: Canopy Growth Corporation
Jan09

The Legal Weed Kingpin: Canopy Growth Corporation

Weeks ago CANOPY, the largest legal marijuana grower in North America was only $10 per share so I bought some. Today it closed at $32.11– up over 17% in the last 24 hours. You might consider investing in legal marijuana, Canadian style, in the early hours of the legal cannabis boom! Mr. Money, Maverick investor   Post from Seeking Alpha by Kenny Robinson. Summary Canopy Growth Corporation is the first federally regulated,...

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Better Know a Marijuana Stock: Cronos Group
Jan09

Better Know a Marijuana Stock: Cronos Group

Michael Robinson the tech guru has said that if you want to turn a small amount of money into a million dollars– two thoughts: marijuana stocks and cyrptocurrencies. So we have started covering both in our Maverick Investing section. The Motley Fool does a good job of covering stocks… in this article they continue their review of popular Marijuana stocks. Their featured stock, Canadian PRMCF, CRONUS Group is up over 22%...

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Ripple co-founder is now richer than the Google founders on paper
Jan05

Ripple co-founder is now richer than the Google founders on paper

Original post from CNBC.com by Evelyn Cheng With Ripple’s XRP coin hitting a high of $3.84, the company’s co-founder and executive chairman, Chris Larsen, is now worth about $59.9 billion on paper. That puts Larsen just ahead of Larry Ellison, who ranks fifth on the Forbes 400 list with a worth of $58.4 billion, and ahead of Google founders Larry Page and Sergey Brin, who rank eighth and 10th on the list, respectively....

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2018 Will See Many More Cryptocurrencies Double In Value
Jan04

2018 Will See Many More Cryptocurrencies Double In Value

Original post from Forbes.com by Kenneth Rapoza A week before Christmas, this headline about a random cryptocurrency no one has ever heard of was read more than most best sellers: Asians ‘Going Mad’ For Ripple Coin.  At the time, Ripple (XRP) was worth around a dollar. Today it is worth $2.45. This will be the year that more unknown cryptocurrencies double in value.  How many will quadruple in value is anybody’s...

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Cryptocurrency Market Capitalizations
Dec21

Cryptocurrency Market Capitalizations

Cryptocurrency Market Capitalizations can be found on https://coinmarketcap.com As of Noon on 1/20/17 Cryptocurrencies: 1368 / Markets: 7616 Market Cap: $625,493,988,713 / 24h Vol: $58,785,361,082 / BTC Dominance: 45.3% insider trading in Bitcoin Cash– Bitcoin Price Plunges, Recovers as Bitcoin Offshoot Blasts Off Cryptocurrency trading app said it would investigate allegations of insider trading in Bitcoin Cash Wall Street...

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CRYPTO Currencies are all the rage!
Dec21

CRYPTO Currencies are all the rage!

CRYPTO Currencies are all the rage!  Why?  What is all the hoopla about? Well, if you– seven years ago– invested six cents in a BITCOIN it would be worth $17,040 this Tuesday evening December 19th, 2017.  Bitcoin, the most popular crypto currency, has a current market valuation of $285,469,301,000 USD (as of 7:50 pm tonight– as of this writing). Some $18,908,700,000 USD  in Bitcoins traded on the international...

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