While Bitcoin seemed on track to continue its bullish rebound of the past couple of weeks (ever since it hopefully ended its bear run which began since it hit an all time high of $69,000 in November 2021), the world’s biggest crypto coin looks to some to be ranging again. Analysts claim it is facing […]
Solana, the once promising new crypto coin developed by former Qualcomm software developer Anatoly Yakovenko, was hailed as a possible ‘Ethereum-killer’ when launched back in 2020. At it’s height, it stood at the fifth most popular coin by market capitalization ranking on the coinmarketcap website. As it has been plagued by hacks and scandals, it […]
Earlier this year, Tesla CEO Elon Musk made a $44 billion offer to buy all of Twitter’s shares. The company’s board of directors was initially hostile. But, since the acquisition seems to be falling apart, because of the opacity of the real proportion of fake accounts and other bots on the social network (as Musk […]
Legendary Wall Street trader Peter Brandt has been seeing and analyzing charts for over 40 years now. A few weeks ago, he felt super bearish about Ethereum and Bitcoin, when it fell to $900 and $17,000 respectively. Now, he seems to have turned around. Brandt’s book diary of a professional commodity trader is considered a bible to many […]
Back in 2001, at the height of the DotCom bubble bursting, Fortune Magazine published a list of the top losers on Wall Street. Ranked at the top was none other than Michael Saylor, CEO of Microstrategy, who had a whopping $13.53 Billion loss. MicroStrategy’s shares went from $3,300 to $4 (-99.99% decline) in a matter […]
Imagine some ten years ago you had a whole lot of Bitcoins on a hard drive. As the laptop ages, you are thinking of replacing it, but there are those Bitcoins stored on it of course.As Bitcoin collapses to a few cents only a decade or so ago, you think it will never take off […]
Well, never thought I would write that headline, but there it is folks. Speaker of the House Nancy Pelosi’s trip to Taiwan has managed to sink both stocks and crypto while the Chinese foreign ministry reacted angrily to the planned visit. China considers Taiwan to be a rogue province whilst the US has vowed to […]
In the past week, as the demand for Bitcoin and Ethereum grew and the two biggest digital coins rallies, two smaller coins, namely Bitcoin Gold and Ethereum Classic, rallied even harder. Crypto fans know this phenomenon very well. Whenever first time buyers see the price of Ethereum (now at around $1,700) and then that of […]
Even more than Bitcoin and tech stocks, Ethereum had a stellar month of July. Having dipped to around $900 in June, it found support in the beginning of July at the $1,000 price point and as rumors of the long-awaited move to Proof of Stake, referred by the cryptosphere as “the merge“ (rather than Ethereum […]
On 10 June, when things were looking very grim, we reminded everyone that Bitcoin would soon start its best month. Now that we have arrived at the end of the month of July, the historical pattern has once again become true. If we take the median of the past 11 years, we see that the seventh […]
