Bitcoin is trading above $45k this morning as gold tries to recover from Monday’s flash crash (a rapid wick down and then back up which is normally only reserved for cryptocoins or high tech stocks). For those wondering what it all means, Dutch trader and analyst Michaël van de Poppe was there to explain.Crypto MichaëlCointelegraph […]
Whereas the US plans for a return to the office after Labor Day, European nations have started doing so. Dutch newspaper Volkskrant ran an interesting story about the office return in June already. Other Western European nations are also seeing heightened office presence. However, as it’s August, rich Europeans tend to plan a few more weeks […]
Many youngsters who buy into Bitcoin (or other cryptocurrencies) have probably seen a pretty good time since half of 2020. Several coins have made stellar gains and rose from obscurity to prominence. The meteoric rise of Dogecoin from January to May 2021, aka from 5 cents to 75 cents, was stuff of legends. This morning, Dogecoin […]
Bitcoin and Ethereum start the weekend with broadly higher prices this morning. At the time of writing, Bitcoin is up 9% and is trading at $43,400. Ethereum is up a good 8% and changes hands for $2,971. Other altcoins in the top 10 at CoinMarketCap show notable gains as well. As Ethereum receives its so-called […]
Ethereum is outshining Bitcoin, both in mentions on social media and in growth as of late. As investors ready themselves to return to market in September, many institutions have expressed an interest in Ethereum.https://twitter.com/ApurvDebnath1/status/1423197554217345025In fact, the preference by crypto traders for Ethereum is shown in the Ethereum / Bitcoin pair which is now headed for […]
Bitcoin is trading above $40k again while Ethereum showed even greater progress. At the time of writing, the world’s second biggest cryptocurrency is trading at $2800, up some 7% overnight. In the past week, Ethereum has gained 21%. Pankaj Balani, CEO of crypto platform Delta Exchange, said: ETH can outperform BTC in the medium- to […]
Bitcoin pulled back to the $37k-$38k level as investors feared the threat of regulators coming in to rein in crypto markets. Over in China an editorial in a state run newspaper sparked a tech stock selloff (online gaming company Tencent saw a noticeable decline) and Michael Saylor’s MicroStrategy refuses to sell.https://twitter.com/Enoch168/status/1422797448674750465Katie Stockton, managing director of […]
The White House administration of President Joe Biden is trying to push through an infrastructure bill to get the US economy back on track after the pandemic, and included in that discussion is also a 58-page Digital Asset Market Structure and Investor Protection Act, which would include a tax on crypto investments. Because of fears […]
After a week of hefty gains followed by a weekend of stagnation around the $41,000 mark, Bitcoin saw some profit taking as it entered the working week. At the time of writing it is exchanging hands for $39,600.Other major altcoins were dealt similar cards, but can still present a positive end of July. It will […]
Bitcoin is trading around $42k at the time of writing Sunday morning, helped by Asian investors who see it as a hedge and a US Fed who’s hinting it might stop it’s bond purchasing program.Meanwhile as July changed into August and Europeans enjoyed their second month of school summer, more and more travel companies could […]
