Dinsider - Digital Finance, Investing and Wealth Creation.
By Suhail Ahmad
Insights from Suhail Ahmad, a successful Fintech entrepreneur, investor and qualified portfolio manager with over 22 years of experience. Suhail is CEO of the Financial Network and adviser to business leaders worldwide. Follow the podcast to learn about opportunities in digital technology including AI, the blockchain, cryptocurrencies, cybersecurity, big data and more. DISCLAIMER: This podcast is for educational purposes only and is not personal investment, tax or financial advice or a solicitation to purchase securities.
President Trump’s tweet on bitcoin may be more then meets the eye. The SEC approves the first Reg A for security token offering to the general public. Expect a flurry of STO issuances in the U.S. but don’t let the IRS catch you as evading tax as enforcement officers get trained to track digital wallets and if need be subpoena the likes of Microsoft and Apple to provide them your application download history!
Bitcoin had quite the move over the past week jumping almost $4,000 per coin to just under $14,000 before pulling back. Bitcoin has risen 400% since hitting a low of $3,500 back in February of this year. How much steam is left in the rally? What’s driving demand? Is the American public finally going to jump on the bandwagon? Listen to this week’s podcast to leave more. Happy to address questions or comments on my next podcast, email email@example.com
Dinsider Podcast is out of retirement thanks to the ridiculous Libra coin initiative by Facebook. Hardly a cryptocurrency using blockchain buzzwords in an attempt to bypass financial regulation. Appreciate the attempt by founder Mark Zuckerberg to take on the banks but hardly for benefit of the users but to entrench his hold on the billions of users on the FB platforms. What Mark has done is put a big target on his back with regulators and bankers now incentivised even more so to break FB grip on social media. I sold my FB shares this morning and won’t be buy anytime soon.
Cryptocurrencies have a “dead cat bounce” this week with strong rally over past seven days. Time to jump in, not? We also discuss FANG stocks which have brought the bear to the Nasdaq market. Time to watch Apple and Facebook, the later down 42% and rumours of a Facebook crypto resurface.
Bitcoin lost 40% of its value in the past three weeks and Ethereum fell to $100 an ether, losing its claim as the second largest cryptocurrency. Is the carnage in cryptocurrencies over? Maybe, but here's why I'm still not buying cryptos and instead looking at "backing up the truck" in another sector that has seen just as much of a bloody month as cryptos. Listen to find out more and watch the accompanying video on SiAlpha YouTube channel: https://youtu.be/dDDXaYneYtw
The IMF chief praised blockchain technology and suggested central banks issue their own cryptocurrencies. I discuss these interesting comments as well as bitcoin bashing from other parts of the central banking community.
Summary of the cryptoassets task force final report by UK’s HM Treasury, the regulator (FCA) and the Bank of England (BoE) sets the stage for regulation of cryptocurrencies, exchanges and wallets in 2019.
Three new bills (legislation) is being proposed to congress helping accelerate adoption and regulation of blockchain technologies and cryptocurrencies. In this episode I walk through the key elements of each proposal.
Ethereum or ether prices fell as much as 30% over the past week touching a low of $258 per ether from a high of $1,400 at the beginning of the year. What is ethereum and where are prices headed? Not investment or financial advice.
WallStreet Journal reporters identified a massive coordinated cryptocurrencies “pump and dump” scheme just a day after it was reported Duo Security identified 15,000 twitter bots scamming users with malicious links. Learn more in today’s podcast and don’t get scammed!
On Friday, the U.S. Securities and Exchange Commission (SEC) rejected an application by the Winklevoss Twins to list a Bitcoin Exchange Traded Fund (ETF) on the stock exchange. Highlighting the risk of market manipulation. However behind the headlines, earlier in the week two other applications for cryptocurrency ETFs were submitted. Listen to find out more.
Bitcoin prices have rallied over the past week from a recent low of $6,000 to over $8,000 as of today. Is Bitcoin ready to rocket to $50K or are we headed back $5K or lower? Who knows! But here's the hard truth about Bitcoin that you need to know. Ps. This is not investment or financial advice. This podcast is for informational and educational purposes only.
Blockchain technology has the potential to transform the way we do business. People and organisations that understand the implications and opportunities of the technology will profit handsomely over the next decade. Listen for more details.