The past week saw a whiplash ending to the upswing of Bitcoin (and other altcoins) when Thanksgiving brought an early Black Friday sale for the cryptosphere. Just as Satoshi Nakamoto’s invention was about to touch it’s all-time-high near $20k, the coin sold off and dropped down to the $16k region. Along with it several altcoins […]
Coinsquare customers in Canada are seeing their purchase and sales orders go to the computers of the Trudeau government, or at least that is what the liberal leader is aiming to achieve. Even though for a while now, 200,000 Canadians risked having their crypto data turned over when, via the tax authorities, the liberal government of […]
Coinbase is taking so many hits as of late, it almost looks coordinated. Earlier this week, after a month long rally, Bitcoin took a breather that most of us who’ve been watching events for a long time, recognized as a simple profit taking, or a small correction if you will. Although the move from $19k […]
Two separate articles in The Hindu, one of India’s biggest newspapers, over a period of several months, spell out a golden future for crypto in the Asian subcontinent. During the summer months, it was reported that during the lockdown period, the volume of daily crypto trading in India had soared by some 400% and now […]
Back in 2019, before Covid and all, there once was a global website called Facebook that decided one day: hey, let’s take over the world of money, and then the world of money responded: let’s not. In a nutshell, that’s the story of Libra. Okay, okay, it’s a bit more complicated than this, but you […]
The brutal Thanksgiving selloff which saw Bitcoin slide 10% from its $19k price point and other altcoins drop some 20% also hit Yearn Finance, the best known Andre Cronje developed coin. But lo and behold, 24 hours later and YFI is once again trading around $24k, up 20% today after the Cream news became public. It comes as Andre’s […]
Knowing Russian President Vladimir Putin’s attitude towards any illegal operation in his country, you wouldn’t want to be man who made the news yesterday with an illegal Bitcoin mining operation. Now that in itself would be bad enough if discovered by the Russian authorities, but if you manage to also lit up the whole apartment […]
A tiny newspaper article in this week’s Financial Times was retweeted by none other than the CEO of Binance, Changpeng Zhao. The original story claimed that the British Monarch, Queen Elizabeth, had expressed an interest in blockchain. CZ cheekily wanted to know how many Bitcoins the inhabitants of Windsor Castle bought in the meantime already.The […]
Peter Brandt, the legendary trader, claimed a fortnight ago that the difference between the current rise of Bitcoin and the bull run of 2017 was the absence of volatility and reversals during the uptrend. He stated that the reason he was bullish was:During the 2015-2017 bull market in Bitcoin $BTC, there were 9 significant corrections […]
For those of you who thought that VeChain was off our radar these past few months, think again. The small crypto may have experienced a pullback over the summer (ever since reaching $0,022 in August), but has been climbing steadily in November again, currently trading at $0,0175, reaching for $0,020. In the past week alone, […]