Bitcoin, the world’s biggest cryptocurrency, was already having quite a bad week, when all of a sudden the Chinese government decided to up the ante yesterday. In a press communiqué, it warned its 1.6 billion populace that anyone trading in cryptocurrencies was doing so in a highly speculative asset class. It comes as China hopes […]
The cryptosphere is abuzz with rumors as to what exactly caused yesterday’s epic crash, and most storylines will point to the Chinese announcement. Yesterday the Beijing authorities claimed that cryptocoins might not be accepted as investment vehicles in the future anymore, aka a severe crackdown.Anonymous 4Chan userAn user on the anonymous 4Chan board predicted the […]
Bitcoin has known many ups and downs already in its past, even though the coin only has a history of 12 years or so. Those of us who’ve been around for a while, remember the widowmaker of corrections, the painful one of 2018 when Bitcoin lost some 80% from the top. That was gruesome for […]
The route that the crypto market finds itself in is continuing today, with the major cryptocurrencies all down double digits. By now, Bitcoin is down almost 40% since its all time high of $65k, reached about a month ago.The market sentiment is that of extreme fear as the cryptosphere starts repeating sounds it last made […]
There are a few nations in the European 27-member club who are reluctant when it comes to acceptance of the Euro coin. Poland, Romania and Hungary have all managed to keep their own currency, to great annoyance of some of the founding members, none more so than the Dutch, where a great part of the […]
Bitcoin finds support near the $42k level and has been steadily rising since. Currently it is trading around $45,000. Ether also crawled its way back in the green in the past few hours, currently trading around $3.5k.As the MSM (mainstream media) partied over the apparent crypto crash of the past week, many questioned how much […]
Shark Tank Star Mark Cuban is not only a well-known billionaire and investor of many startup companies, as of late he’s also turned very bullish on crypto. He admitted having been wrong on Bitcoin in the past years and even staked AAVE in the first few months of this year. His basketball team the Dallas […]
Bitcoin is having a bad week and topped it off with a bad weekend as well. The world’s biggest cryptocurrency is straight out of luck apparently after a CryptoWhale tweet including an assumption about Musk’s crypto holdings was responded by the Tesla CEO. Bitcoin bounced back up after clarifications of Musk afterwards, but is still […]
US President Joe Biden is riding high on a wave of popularity for the moment. With his successful battle against Covid so far and his numerous stimulus bills, he’s seeing surging approval both on the Democratic and Republican side. So much so that he can risk doing unpopular things on the side. For example, sending […]
Glauber Contessoto is a 33-year-old living in Los Angeles, working as a musical employee from time to time. Some people would call him a slacker of sorts. Back in February of this year, he decided to invest his life savings in a crypto coin, against the advice of friends and family, who all said he […]
