The crypto market is mostly stable or lower as we head into the weekend. After a brutal flash crash earlier this week, Bitcoin is trading around $45,000 and is down about 10% over the past week.The consensus from analysts at this point is that Bitcoin is expected to consolidate and remain range-bound with support to […]
Bitcoin got caught in the crossfire of overheating and is retesting support levels which now seem to lie around the $43k to $46k level. As soon as it aims for the $50k ceiling again and is able to break it, many onlookers are expecting a new altseason to start. So which altcoins sees favorable tidings […]
Solana continues its unabated march forward and now trades for more than $200 already. The altcoin has in this manner gained well over 80% in the past week. Meanwhile the SEC showed its hand and also its backers as it threatened to sue US crypto platform Coinbase if the company would go ahead with its plans to […]
Say what you want, but if the populist president of a middle American country manages to capture the attention of worldwide media for an economic experiment, that in itself is a win. Nayib Bukele, the president of El Salvador, seems to revel in the attention of news stations like CNN, MSNBC and BBC as his […]
It’s like a jungle sometimes, it makes me wonder how I keep from going under. Yes Grandmaster Flash and the Furious Five knew what they were talking about 40 or so years ago already. The crypto market also wondered how it kept from going under when the market, which had steadily been climbing for a week […]
Don’t be surprised if the next container being unloaded in a San Francisco dock does not contain computers or your Ikea sofa, but rather bitcoin mining equipment made in China. This is because the Chinese crackdown on bitcoin mining and trading (which started in May of this year), had an unexpected consequence. By now, Chinese […]
As we enter the second week of September, all signs point to green for the crypto market apparently. At the time of writing, Bitcoin is trading for $52,600 again, DeFi coin Chainlink is up 40% in a week to reach a value of $35 and FTX Token set a new all time high of almost […]
The age of smartphones brought with it compulsive behavior never seen before in the history of man. As the device enables people to remain in contact with their social and professional network on a continuous basis, they will continuously check for status updates and messages of their friends, co-workers and any celebrity they adore. The […]
From a historical perspective there are two known sayings carrying September and remember. The first one has to do with the stock market and speaks of staying away in May and then to remember to come back in September. The second one speaks of gunpowder treason and plot and starts with: remember, remember… Both carry warnings about things to come […]
Bitcoin broke through $50k for the third time in two weeks and it is now a matter of time to see if the level can hold and we can start making a move for the next leg up. Which would be $60k and a possible attack of its all time high of $64k. At the […]
