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 […]
Back in January of 2020, when we were still reading about this strange new disease creeping up in Wuhan, China, Bitcoin traded around $8,000. A few weeks later, when it became obvious that the new disease was becoming a pandemic, Bitcoin fell to $4,000 as investors panic sold stocks and crypto. The rest of 2020 […]
Micheal Saylor is not ready to give up and asks the market for more money to allow MicroStrategy to load up on extra Bitcoin, El Salvador passes a law making it obligatory for its central bank to hold Bitcoin on its balance sheet and several technical analysts see bottom signals. An overview.MicroStrategyWhen Bitcoin traded above […]
If you follow US news, you’ll know that the Biden administration is plagued by a spate of ransomware attacks. This morning, the Department of Justice was glad to announce that they’ve recuperated some of the Bitcoins paid to hackers.https://twitter.com/NatashaBertrand/status/1401969917633740801This is not the end of the problem though. In fact, just last weekend the world’s largest […]
