Back in July of this year we mentioned Axie Infinity twice in our reporting. The second time round we mentioned how the popular Pokémon-style game was already trading its own crypto coin at around $40. We also mentioned that the fact that more and more players from the US were joining was a good sign. […]
The crypto revival continues as we enter Sunday. Looking at the past week, we seem to have put the freight of the Chinese crypto ban behind us and are all glad that October (and Q4) is finally here. In the past week, Ethereum climbed 16% and Solana even 30%. In the lower altcoin region, several […]
Bitcoin started October in spectacular fashion, aiming for $50,000 once again. The Bitcoin Maximalists, the group of hardcore Bitcoin fans with a large following on Twitter and other social media channels, immediately raised their hopes for an October to turn into Uptober or even a bullish last quarter that could see the realization of the […]
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 […]
