Bitcoin trading: is BTC price correlated with the Nasdaq?

Over the past seven years we’ve seen the meteoric rise of Bitcoin (BTC). Certainly BTC has some maturing yet to do, if it’s to compete head to head with established markets such the Nasdaq. But are the major trends in other markets correlated at all with those of Bitcoin?

Tl;dr — No. And it’s a good thing!

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US Senate Bill S.1241 to Criminalize Concealed Ownership of Bitcoin

On November 28, 2017, the US Senate, Committee of the Judiciary held a hearing regarding bill S.1241: Modernizing AML Laws to Combat Money Laundering and Terrorist Financing. Despite little attention being given to digital currencies during the hearing, bill S.1241 itself would amend the definition of ‘financial institution’ in the United States Code to include digital currencies and digital exchanges. This could have alarming consequences for users of cryptocurrencies both in the US and abroad.

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Oscar’s day out

Oscar the destructive little porcupine
Oscar the destructive little porcupine

After the snow melted off for the first time this “spring” (oh it’s back again now, well played Alberta, well played — “it’s spring time…haha jk gotcha!”) we began noticing a number of trees that had been more or less decimated by a certain little porcupine.

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