By Greg Wilson, analyst, Palm Beach Daily Last month, a bitcoin whale moved 94,504 BTC. With bitcoin trading around $10,500 at the time, it was nearly a $1 billion transaction. Now, we don’t know who this whale is or why they moved so much bitcoin. But it really doesn’t matter. Here’s what does… The transaction fee … Read more
By Teeka Tiwari, editor, Palm Beach Daily I know the shortfalls of the media. I’ve been a guest on Fox, ABC, and CNBC. And when it comes to most things crypto, they’re usually wrong. You see, mainstream financial journalists aren’t allowed in the closed-door meetings that I am. They don’t travel from Miami to Moscow like … Read more
By Greg Wilson, analyst, Palm Beach Daily Bitcoin is down about 22% over the last month. And technical analysts fear the price could drop even lower. You see, the news has generally been negative recently: The Securities and Exchange Commission rejected another proposed bitcoin exchange-traded fund (ETF). The IRS issued complicated tax guidelines on hard forks … Read more
By Greg Wilson, analyst, Palm Beach Daily Last week, manufacturing giant GE froze pensions for 20,000 employees. The company has $34 billion in unfunded pension liabilities. And if it paid all its pension liabilities today, pensioners would only get 76 cents on the dollar. By freezing pensions, GE hopes to reduce its retirement fund deficit by … Read more
By Teeka Tiwari, editor, Palm Beach Confidential It’s a topic readers have been asking me about frequently the past month… From Dave L.: Teeka, what’s going on? Bakkt launched last month, yet bitcoin hasn’t moved. How much longer will it be before we see those exponential gains? From Jacob W.: Teeka, could you please explain why cryptos dropped … Read more
I just wanted to let you know that if you are interested in Teeka’s Palm Beach Confidential Crypto Newsletter – it closes down in 48 hours. I know this newsletter has been marketed pretty hard by just about everyone in the crypto space, but you can’t argue with his results, which is ultimately the only … Read more
By Teeka Tiwari, editor, Palm Beach Confidential I’ve got good news and bad news for Americans investing in cryptos… The good news is, the IRS just gave crypto buyers much-needed tax guidance. The bad news? The new rules are a nightmare of complexity. However, there’s a tax solution that’ll make your life much easier. And I’ll … Read more
By Teeka Tiwari, editor, Palm Beach Confidential This could be the most catastrophic financial event to ever hit the globe… Every brokerage account, bank account, and online account—as well as any asset stored in any digital form anywhere in the world—could potentially be at risk. Let me explain… Last month, Google broke the internet with reports … Read more
By Teeka Tiwari, editor, Palm Beach Confidential In November 2017, bitcoin plunged from $7,500 to around $5,800. People were freaking out about the price drop. Just look at this scary headline from Cointelegraph on November 14, 2017: Source: Cointelegraph If you were in crypto around that time, you probably thought bitcoin was going down the drain. … Read more
NO ONE could’ve guessed this: Crypto expert, Teeka Tiwari, just revealed the name of his new #1 crypto recommendation. I won’t spoil the surprise here… But I can tell you that Teeka says this crypto reminds him of NEO, right before it rocketed up as high as 151,323%. (That turned every $1,000 into $1.5 million!) … Read more