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.


Why Silvergate failing is good for cryptocurrency.

9 Mar 2023 1 minute read 1 comment TwoDogsCaged $0.17

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 $0.26

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 $0.15

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 $0.35

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 $0.28

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 $0.06

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 $0.18

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...

Cardano: Major Update tomorrow! Prices to soar?

13 Feb 2023 1 minute read 4 comments TwoDogsCaged $0.51

Cardano is in the top 10 of cryptocurrencies by market cap, and has been for some time now. There was the long awaited Vasil hard fork in September 2022. It was a major upgrade for the Cardano ecosystem. It was expected that the Vasil upgrade was goi...

Will the SEC ban crypto staking in the United States?

9 Feb 2023 1 minute read 1 comment TwoDogsCaged $0.11

I read about this possibility this morning. I wonder if this is just someone spreading misinformation regarding cryptocurrency, or if there is some truth to the rumor. I read an article about this rumor: https://www.coindesk.com/business/2023/02/08/c...

US Fed Chair: The Disinflationary process has started.

7 Feb 2023 1 minute read 0 comments TwoDogsCaged $0.53

What does it mean?  How does this effect cryptocurrency? It already has led to Bitcoin increasing to over $23,300 https://www.coindesk.com/business/2023/02/07/bitcoin-rises-to-233k-as-powell-repeats-disinflationary-comment/ I think it means we are be...