Fans of the crypto token Safemoon were able to get the term SafemoonSqueeze trending on social media. The squeeze refers to the Gamestop and AMC saga that happened earlier this year when Reddit group WallStreetbets managed to soar the price of stocks that were being heavily shorted by Wall Street Hedge Funds.This time round, the […]
Nathaniel Whittemore, who makes the excellent crypto podcast the Breakdown, resumed yesterday’s disastrous price action in the cryptosphere as follows:China has to hold the record now for most number of times crashing the market with the same piece of news.It comes as the Chinese central bank warned of possible regulation for crypto trading in the […]
Bitcoin is trading at $32k, refusing to go up (above $40k) or down (under $30k) for about a month now. Meanwhile the head of the Minneapolis FED hilariously calls Dogecoin a Ponzi Scheme and China continues its crackdown on Bitcoin mining operations. It’s called Ponzi The Chief Legal Officer at Coinbase, Mr Paul Grewal, ran […]
Although the thrill of writing about all-time-highs for Bitcoin, Ethereum and Dogecoin lies a few months in the past by now (April where have you gone), that doesn’t mean that global adoption of cryptocurrency isn’t continuing.Just this week, both superpowers (the US and China) admitted that crypto is here to stay when they installed ATMs […]
Bitcoin continued its unsure direction between $30 and $40k and is trading at exactly $35k this Sunday morning. Meanwhile Canadian basketball players can now get paid in Bitcoin and venture capitalists are pouring record amounts into crypto companies. According to Wolf of Wall Street Scott Melker Bitcoin has been ranging (trading with an unsure direction) […]
One of the clear winners in the cryptosphere in 2021 is without a doubt Dogecoin. Although it’s been silent for a few weeks when it comes to the much wow meme-currency of which Elon Musk is a big fan, the cryptocoin that is portrayed by a smiling Shiba Inu has lots to laugh about this […]
Bitcoin trades at $35k this morning, and with that has been keeping within the $30k to $40k range for about a month now. Although you could state that this is a hopeful sign and we can not speak of a crash for crypto like we did back in 2017-2018. It is also quite boring for […]
A rug pull is a term in the cryptosphere which signifies the exhaustion of a hyped up project. In short it goes like this: Many influencers try to hype a certain coin or project to drive up the price. As soon as the price hits a certain target, the rug is pulled from underneath the […]
Bitcoin had a week in which it managed to close a daily candle twice above $40k (an encouraging sign) and seems to end it with a fearful event to come this weekend. If analysts are correct, a death cross is upon us, which could be a bearish indicator for things to come in the weeks […]
In October and November of last year, we got the first sign that institutional clients were ready to enter the cryptosphere. As Bitcoin hit $20,000 for a first time, as PayPal and Square invested directly in Bitcoin, several US business banks were caught off guard when several of their customers asked that they also be […]
