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 […]
Markets and Bitcoin fell as the Federal Reserve admits increasing inflation is problematic. Interest rates could be raised as soon as 2023 which means investors could be stepping out of riskier assets. Bitcoin, which has been able to close above $40k on the daily chart for the past two days, fell slightly in response to […]
MicroStrategy has been on top of news lists allover the world in 2021. When Bitcoin was in free fall, Wall Street media outlets started to dwell on CEO Micheal Saylor’s past as the man who lost the most ever in the 2000 dotcom crisis. At that time, MicroStrategy stock lost a whopping 99%. By now, […]
For the second day in a row, Bitcoin is trading above $40k. It comes as a dramatic shift in global hash power is taking place.At the same time that it is becoming obvious that the administration of Joe Biden will continue the cold war against China, Beijing is seeing Bitcoin miners flee the country and […]
The adoption of the central American state of El Salvador of Bitcoin as legal tender may only be a small step, the forecasting by several crypto enthusiasts that other nations would follow is already coming true. Over the weekend, in a reaction to Nigerian authorities trying to rein in the popularity of crypto in the […]
