"It's A Virtual Bloodbath" - Cryptocurrency Carnage Continues

Early this morning, cryptocurrencies were all simultaneously hit by selling pressure and as the day has worn off, it has accelerated with one witty trader noting "it's a virtual bloodbath." 29 of the Top 30 cryptocurrencies (by market cap) are in the red and while there remains no immediat catalyst, chatter is focused on uncertainty surrounding SegWit (another potential fork in the codebase) and some looming large ICOs.

Is This Uber's "Theranos Moment"?

There comes that moment where the veiled threats against logic such as the go-to excuse of "it’s different this time" are exposed against the harsh light of reality...

Perfect Storm 2.0 - Will The Auto Industry Ever Be The Same Again?

The automotive industry needed every single ingredient listed below to reach last year’s record setting sales number. However, something has changed. Well, in reality, everything has changed. The set of ingredients that perfectly fueled the recovery have all reversed and now power the perfect storm...

Bitcoin Buyer Beware

Entrepreneurs have a new trick to raise money quickly, and it all takes place online, free from the constraints of banks and regulators. Since the beginning of 2017, 65 startups have raised $522 million using initial coin offerings - trading a digital coin (essentially an investment in their company) for a digital currency, like Bitcoin or Ether..."buyer beware, do your homework, don't be greedy."

BIS Lists The Four Biggest Threats Facing The Global Economy

i) inflation could choke the expansion by forcing central banks to tighten policy; ii) serious financial stress could materialise as financial cycles mature; iii) consumption might weaken under the weight of debt, and investment might fail to take over as the main growth engine; iv) a rise in protectionism could challenge the open global economic order.