Bitcoin is trading in a 8,000 dollar range between $44,000 and $52,000 dollar for almost a month now. Even the news that AMC Theaters, one of the original Memestocks preferred by the Reddit investor crowd like WallStreetBets, is now accepting Bitcoin as payment, was unable to move it this week. https://twitter.com/CEOAdam/status/1438298684266098688 Meanwhile celebrities are warning […]
OpenSea is one of Silicon Valley’s newest goldilocks firms. The NFT trading marketplace was recently valued at $1.5 billion by Wall Street firms, not bad for a brand new organization run by only a few people dealing in Non-fungible-tokens that anyone can make from their computer. Their success looked to make them all billionaires in […]
Bitcoin finally reached the so-desired golden cross, which occurs when a short-term moving average crosses over a major long-term moving average to the upside, in the past day when it is trading over $48,000 again. The signal is interpreted by analysts and traders as a definitive upward turn in a market.On top of that, there […]
Bitcoin is surging and touches the $47k mark again. It has now in fact gained 5% in the past seven days, so all that talk about a Bitcoin crash last week seems a distant memory.In another sign of growing faith in Ethereum, ARK CEO and founder Cathie Wood announced she would split her investment in […]
In the beginning of 2021, the price of Bitcoin experienced a 15% surge in only a few days when Tesla CEO Elon Musk proudly announced that his car company (the man leads multiple businesses) would soon accept the world’s largest digital currency as payment. When Tesla reversed course a few month later, the price of […]
Whereas cryptofans slammed whale investors for dropping the ball on the Bitcoin price last week, on the day that El Salvador became the first country to adopt the digital currency as legal tender, the country has since moved on.Eager to attract foreign investors to one of the poorest countries in Middle America, President Nayib Bukele […]
Messari founder and CEO Ryan Selkis made an interesting observation over the weekend while looking at the maximum chart of the Nasdaq composite index. He claimed that the upcoming crypto bubble would be five times larger than the dotcom bubble. Sounds scary and negative but it is not necessarily. In fact, the longtime crypto analyst […]
One of the biggest believers in the long-term future of Bitcoin is still ARK investment founder Cathie Wood. For those of you in the unknown, Cathie is the top stockpicker of 2020 and is attracting millions of dollars in fresh investment whenever she makes a move.Her big bets for 2021 are Tesla, Bitcoin (mostly via […]
Two interesting developments in the world of crypto this weekend which I felt needed to be shared. The first one is a term probably already trademarked by marketing professor Scott Galloway and the second is the importance of Bitcoin posting a so-called Golden Cross. Eaglecoin Scott Galloway is an author, podcaster and professor at New […]
Never thought that reality star Kim Kardashian would make it into the speech of a financial regulator, but earlier this week that is exactly what happened. I can only guess that Charles Randell, who heads up the UK‘s Financial Conduct Authority, was told to spice up his speech upon showing a first draft to his […]
