A renewed sense of optimism took over the cryptosphere after Musk confirmed Tesla would continue buying Bitcoin if its carbon footprint improves, more countries showed an interest in adopting cryptocurrencies and billionaire investor Paul Tudor Jones reconfirmed his interest in buying crypto to play the inflation game. In the broader altcoin market, the rising prices […]
The world’s biggest cryptocurrency leapt towards $40k overnight and is at the time of writing gaining more than 12%, changing hands for $39,600. Analysts will be eyeing whether Bitcoin can close above the $40k level for two consecutive days at least before they call a possible breakout. Musk: Tesla will resume allowing Bitcoin transactions Responding […]
Although the talk of the town in investment circles is still of the magnificent run and subsequent fall of Bitcoin this year, many in the cryptosphere know that it was mostly marked by a fabulous rise of altcoins as well. Main street investors know of Bitcoin, crypto investors know many more cryptocurrencies. From January until […]
Bitcoin is still unsure about where to go next and remains idly stuck within a tight trading range. Elsewhere, the Beijing government looks set to make life difficult for Bitcoin miners while the Fed’s Jay Powell is now presiding over the biggest balance sheet ever. Keep on printing that sweet sweet fiat.Bitcoin chugs alongSeveral analysts […]
The Miami Bitcoin conference of last week was quite successful. Most crypto enthusiasts agreed that attendance was very high on all days and that the whole town was talking about nothing but Bitcoin. However, some of the more than 10,000 attendees who gathered for what was one of the biggest public events in post-Corona times […]
Clowns to the left of me! Jokers to the right! Here I am stuck in the middle with you. That’s how Stealers Wheel said it best to describe a situation where we don’t know what the outcome will be. Stuck in the middle with you. The song that was immortalized by Quentin Tarantino in Reservoir […]
When it comes to US politicians, crypto seems to have made a lot of enemies. Earlier this week, Democratic Senator Elizabeth Warren warned against the growing importance of Bitcoin in view of the hacking of a US pipeline and beef factory.Even former US President Donald Trump now has doubts on the validity of Bitcoin. Last Monday […]
Bitcoin is trading in the $35k to $40k range with no certainty as to where it would settle. In the past week, the world’s biggest cryptocoin has only moved about 1% according to the statistics over at CoinMarketCap.US Inflation At 5%Over in the US, inflation is at its highest point of the past 13 years […]
Just last year, Shark Tank star Kevin O’Leary was still bearish on Bitcoin. During a heated exchange with Anthony Pompliano, he predicted back in December of 2020 that men would be crying in the street if regulators ever stepped into crypto. In March of 2021, as Bitcoin had passed $50,000, he changed his tune and […]
Yesterday two technical analysts were seeing bottom signals and some 24 hours later it indeed looks like a new dawn and a new day (with respect to Nina Simone for those lyrics). Over in South American more countries are looking into cryptocurrencies to deal with rising inflation.Bitcoin recovers24 hours after we told you how two […]
