I have to admit that I’ve been planning a trip to the canary islands for a while now for my spouse and I. However, seeing that a volcano erupted on the island of La Palma about a week ago, the Canarian tourism board has noticed a drop in bookings to their islands. And who could […]
Bitcoin surges 7%, mostly on the back of the news that El Salvador has found a novel way to mine for the coin, namely through the heat generated by volcanos. Altcoins followed suit, with many seeing double digit winnings as the weekend began. The spike of course also comes as Bitcoin entered the month of […]
The crackdown of China on crypto overall has had two interesting results, which are in fact a proof point for the strength of cryptocurrencies. Firstly, by now we can state that in the past few months whenever there was hit to crypto it looks in retrospect as if there was a buying opportunity.Secondly, the beneficiaries […]
Back in the 1990s, there was a popular tv-show in the US which wanted to know whether monkeys were better stockpickers than actual traders. Depending on the actual species of the monkey, some of them did quite well. Bonobos especially seemed to be good traders. Or it is possible that they just got lucky of […]
Last week, China once again banned Bitcoin and cryptocurrencies on its soil. What else is new we hear you ask but this time it’s different they said. Hah. Faced with these new restrictions, various companies are starting to make arrangements to also shut users from the Chinese mainland to their platforms in order to not […]
Although Gary Gensler, the new top cop of the U.S. Securities and Exchange Commission, otherwise known as the SEC, has vowed to come down hard on crypto, it is possible that it will in the end be because of an action of his company that Bitcoin finally breaks $100k.Exchange Traded FundIn fact, because of the […]
Some three weeks after Bitcoin became legal tender in El Salvador, one of the poorest countries in Middle America, and the government provided a crypto wallet to all citizens, the usage of the digital currency has exploded. According to President Nayib Bukele, the populist politician who enjoys an above 80% popularity rate in the poor […]
The crypto market experiences a bounce as the market opens for a week of trading on Monday. At the time of writing, Bitcoin is back around $44k and Ethereum sees a 13% bounce up to $3,100.Further down the list of CoinMarketCap we must note the stellar bounce back of Uniswap.As one of the core products in […]
Bitcoin is still almost double what it was at the beginning of 2021 and even with that fantastic gain, many are complaining that we’re not seeing the record $64,000 level anymore set in April already.In order to gain insight, crypto influence Scott Melker had an interview session with City trader Charlie Burton. The latter has […]
Coinbase, the highly popular crypto exchange run by flamboyant CEO Brian Armstrong, wanted to get into the market of loans, a highly lucrative part of the financial sector in the US. However, the Securities and Exchange Commission immediately pushed back and warned Coinbase they would launch an investigation into the product as soon as it […]
