No less than 48 hours after classic finance feasted on the ruins of crypto when Bitcoin dipped below the psychological threshold of $30,000, the world’s biggest cryptocurrency came roaring back with a stellar performance and is trading over $32,000 again. At the time of writing it is changing hands for $32,200.Analysts and commentators already foreseen […]
Bitcoin bounced back above $30k only a day after it broke through the psychological barrier. At the time of writing other major coins like Ethereum, Cardano and Dogecoin are also trading in the green. Reports came in that younger generations are invested in crypto and memestocks more and more and Bank of America is betting […]
Stock markets around the world fell over fears that the spread of the new Delta variant (the US airline with the same name is not happy about that Greek letter choice) might hamper recoveries. Crypto markets fall in response as investors took their money out of speculative assets. Cathie Wood’s ARK fund remains contrarian and […]
As the cream of the crop of the Silicon Valley billionaires (Google, Facebook, Twitter, etc) met in Sun Valley, Idaho for their yearly get together (which the Guardian dubbed the secret gathering of unelected billionaire kings), local Berkeley newspaper The Daily Californian focused on what all of them thought about Bitcoin (and other cryptocurrencies). Meanwhile Elon […]
Hollywood has discovered crypto. Featured films are in the works about the OneCoin scandal, about the Gemini founders (aka the Winklevoss twins) and about the mystery surrounding Satoshi Nakamoto. As such, documentary makers cannot stay all too far behind, and it will therefore be interesting to see how much of a low profile Vitalik Buterin, […]
By now, there’s no denying anymore that cryptocurrencies are here to stay. Although politicians and financial behemoths of the past centuries are trying to grapple with this new reality, a new dawn beckons and crypto acceptance is on the horizon. One of the final hurdles that will have to be crossed is regulation though. Many […]
Bitcoin has been ranging for almost a month now between $30k and $35k as investors digest the fact that miners have moved from China to the northern part of America (USA and Canada) and whales are accumulating around the $30k level.There could be another surprise round the corner though, as some analysts believe the Tesla […]
The Chinese government is in hot water. US press is focusing on their decision to remove popular ride hailing app Didi from the Chinese app stores (which has seen its share price dive as a result) and the communist leadership in Beijing is also hammering down its decision to slow down the mining of Bitcoin […]
Just like stocks it’s starting to look like with Bitcoin you better “stay away in May but remember, to come back in September”. The world’s biggest cryptocurrency by market capitalization continues its unending dance between $30k and $35k, now for three weeks unending apparently.https://twitter.com/AriRudd/status/1415158161527349250Q2 reportingMeanwhile Wall Street is getting ready to report second quarter earnings, […]
Last year, I read a highly interesting book called 2030, How Today’s Biggest Trends Will Collide and Reshape the Future of Everything. It forecasted that Africa would be the next growth continent, crypto would go mainstream, the planet’s temperature would rise and that women would take over business boards because of their sheer bigger numbers […]
