TwoDogsCaged

TwoDogsCaged

Cryptocurrency is a fascinating idea, one that has many confused, scared and dismissive of the concept. However, it also is intriguing and likely a large part of the future.


SEC's Gensler: Proof of Stake should be classified as securities

17 Mar 2023 1 minute read 2 comments TwoDogsCaged

I am not sure whether this is posturing, or if this is a sign to come. I am not sure what effect it will have on the cryptocurrency world if Proof of Stake will eventually be classified as securities. I have written my point of view in the pat that m...

February inflation rates down .4%. Crypto to soar!

14 Mar 2023 1 minute read 0 comments TwoDogsCaged

Look, the time is coming for the next bull run. The signs are all there if you can see through the clutter and the noise.   The banks failing, but saved by the government helps make the point for cryptocurrency. Think about it, there is a stronger th...

US Federal Reserve: They are creating a specialized team of experts on Crypto

10 Mar 2023 1 minute read 0 comments TwoDogsCaged

In what I see as more good news for the long term health of cryptocurrency, there was just a recent press release stating the United States Federal Reserve is creating a "Specialized team of experts on crypto" according to the Vice Chair (found on:ht...

Why Silvergate failing is good for cryptocurrency.

9 Mar 2023 1 minute read 1 comment TwoDogsCaged

I wrote the other day about the possible downfall of Silvergate, a bank associated with Cryptocurrency.  Today it fell and stated it was liquidating https://www.wsj.com/articles/crypto-bank-silvergate-to-shut-down-repay-deposits-4bc2a469.  This news...

Day 2 of Powell's Congressional Testimony.

8 Mar 2023 1 minute read 1 comment TwoDogsCaged

I have been following, somewhat loosely the Federal Reserve Chairman Powell's congressional testimony.   I know the market was not good yesterday for cryptocurrency as Mr. Powell had been pretty firm on the intent of the Federal Reserve to increase r...

Silvergate downfall.

6 Mar 2023 1 minute read 0 comments TwoDogsCaged

I had been enjoying the nearly two months of gains in the overall cryptocurrency market. Then came the new of Silvergate's apparent demise.  Last week Thursday the bank stated it needed to delay it's annual report. This led to a domino effect for Sil...

European Union delays crypto regulation again.

27 Feb 2023 1 minute read 0 comments TwoDogsCaged

Back in November 2022 the European Union was supposed to vote on cryptocurrency regulation. The regulation is called Markets in Crypto Assets (Mica) https://ec.europa.eu/commission/presscorner/detail/en/SPEECH_22_7529 .  In November, it was delayed u...

What about the theory the US is deliberately allowing "bad guys" to flourish in crypto?

23 Feb 2023 1 minute read 1 comment TwoDogsCaged

Maybe all of you are aware of this theory. I was not, and first read about this theory this morning.  The theory goes something like this: The US (people in charge of the SEC) are allowing "bad actors" in cryptocurrency  to do whatever they want beca...

Is this the last best time to buy cryptocurrency? Revisited from December 20, 2022

21 Feb 2023 3 minute read 0 comments TwoDogsCaged

I was thinking back in December 2022 about the state of cryptocurrency. I wrote about my thoughts (The complete article is reposted at the bottom of this article) that it was, and it is looking like that may have been the case. Now, I do not claim to...

2023 will be the year of Crypto regulation.

14 Feb 2023 1 minute read 1 comment TwoDogsCaged

There has been many issues over the past few years regarding cryptocurrency and regulation. We are awaiting the SEC Ripple case to be settled. The SEC and Kraken recently settled with Kraken ceasing staking and paying 30 million in fines.  Today a re...