As cryptocurrencies anxiously await a new week of stock market mayhem and whether the next few days will bring more bloodshed, technical analysts claim that Bitcoin’s next stop is near $29k. Meanwhile El Salvador’s leader replaces his profile pic with a McDonald’s shirt, a favorite joke of Bitcoin HODLers.https://twitter.com/scottmelker/status/1485349733443026946Levels of supportThe technical analysis site FX street claims […]
The crypto market saw a bloody Friday fall on stock markets copied over into its own major coins and continued that trend into the weekend. As we predicted yesterday, the probable (and hopefully temporary) bottom for Bitcoin was set at around $35,000, which is where it hovers at the time of writing. This morning the crypto […]
Facebook, which for long has tried to launch a stablecoin, is due to set its first steps in the cryptosphere. The Mark Zuckerberg company will apparently, together with its subsidiary company Instagram, be allowing users to create, market and sell NFTs, non-fungible-tokens. Websites that auction NFTs like Opensea and others are scared out of their […]
Poor Joe Biden. Not only did he, in a clear moment of weakness, admit this week that a limited invasion of Ukraine by Russia would not necessarily get a reaction from the US, he’s also overseeing falling stock markets. In conjunction with the Nasdaq and tech stocks seeing a sea of red, the outlook for […]
Contrarian views are important. Whereas yesterday we let a Bitcoin maximalist have his say and stated that the great number of HODLers should be seen as a positive sign. Today we let the other side speak. James Malcolm, Head of FX Strategy at Swiss Banking giant UBS believes the first few weeks of 2022 point […]
So far, 2022 has not been kind to crypto or tech investors. The Nasdaq is currently in correction territory, Cathie Wood’s ARK fund is sinking and Bitcoin and other cryptocurrencies are not really going anywhere but sideways or down. However, analysts claim that the price stability shown by Bitcoin in these last few weeks is […]
Microsoft took all the front pages of business newspapers today with its planned acquisition of game maker Activision Blizzard. With the move, the Bill Gates founded company clearly ventures into the metaverse and thus also into the cryptosphere. Meanwhile, over in the chipsector, Intel seems keen on copying Nvidia’s move, one year after the former released […]
Poor Andres Inièsta. The former Barcelona football star now plays for Vissel Kobe in Japan, but is still highly regarded in Spain, mostly because he scored the match-winning goal in the 2010 Fifa World Cup Final (or because of all the titles he won with Barcelona). The man boasts some 25 million followers on Twitter […]
Bulgarians, Romanians, Albanians, Serbs and Croats eager to try their hand on some Bitcoin mining might be swirling the internet this week looking for some cheap Kosovan mining equipment. After the government of Kosovo earlier this month installed a temporary ban on crypto mining in the country because of a mounting energy crisis. Facebook and […]
Although it will never be openly admitted, many authoritarian governments have hacking groups which they can send round the world to inflict mayhem. Russia has Fancy Bear, North Korea sports the Lazarus Group, which was formerly known as the Guardians of Peace. Back in November 2014, Sony Pictures Entertainment was about to release a movie […]
