Classic finance is still influencing classic media in a way that the crypto world can only dream of. Our colleagues over at City AM, the London City’s newspaper par excellence, headlined yesterday that Bitcoin’s $60,000 level now feels like a distant memory, probably hoping to push investors back to bonds and stocks.They seem to be forgetting […]
Bitcoin still refused to go decisively in any direction and at the time of writing is trading slightly higher round the $56k level. With a record number of options contract expiring on Friday, it could be that traders are waiting to see where this will take them.Meanwhile Theta and its fuel token Theta Fuel, which we last discussed […]
China’s paper cash is going digital with the launch of the E-Yuan. When the world will see China’s renewed strength at next year’s Winter Olympics in Beijing, the communist government in Beijing wants to make the Digital Yuan (or E-Yuan) a showpiece of Chinese strides in e-commerce. Problem for the US companies doing business in […]
The number of Wall Street analysts that are discussing a possible $100,000 price tag for Bitcoin before 2021 are growing greater and greater as the year progresses. For one there is optimism that the current crypto market can only grow as millennials prefer digital over cash money and secondly institutional money is clearly pouring into […]
Most cryptocoins in the Coinmarketcap top 10 are down nearly 5% at the time of writing, with Bitcoin trading at $54,000. Only remarked exception is XRP which is trading upwards some 12% higher. It comes after the judge in the SEC case looks to be going Ripple’s way and the hashtag RelistXRP started trending in […]
The term bagholder originated in the eighteenth century. It refers to anyone who is foolish enough to get into an investment frenzy at the top, or in twenty-first century terminology at the absolute moment of FOMO (Fear of Missing Out).With every uptick of Bitcoin, one more person that was absolutely dead-set against investing into crypto […]
Erin Griffith, the technology writer for the New York Times, claimed last week that the rise of Bitcoin’s price, the record prices being offered for American Football trading cards and the $69 million price offered for a Beeple artwork which sold as an NFT (Non Fungible Token) were all connected manias. The connection in between […]
Bitcoin is trading steady and still has problems to break through the $60k barrier again. In the altcoin market VeChain is continuing its parabolic rise as is now nearing $0,10, rising 9% in the past 24 hours. Market commentators fear that rising treasury yields spell trouble for the crypto market. Boring Bitcoin returns For a few […]
Tim Ferris is an author of many books. One of the most interesting reads of his was the 4-hour workweek in which he explained how you can set up an internet store and then live off your passive income.The man claims he can get by on only working 4 hours per week. I haven’t tried […]
By the end of 2007, Benelux bank Fortis was the 20th largest financial services business in the world by revenue. At that time, it formed a consortium of European banking greats together with consortium with Royal Bank of Scotland Group (RBS) and the Spanish Banco Santander. When Fortis tried to take over its Dutch rival […]
