ABS-CBN is one of the biggest news channels in the Philippines, which in turn is one of the most populated nations in South East Asia (109 million people, larger than any European country). For the past two weeks, ABS-CBN’s business reporter Michelle Krystie Ong has been writing about what happened at local crypto exchange PDAX.Earlier […]
The two-day selloff in crypto and tech markets seemed to end when US Federal Reserve chair Jay Powell took to the Congress floor and told them that he expected:Hope for a return to more normal conditions.At the moment that he started speaking, the tech-heavy Nasdaq was down 2.2% but by the end of the session […]
Dogecoin, the crypto coin that enjoys worldwide popularity because of the many memes one can make using it’s logo, is refusing to give up the $0,05 level and is up 25% today. Even as Bitcoin sold off on Monday and dragged down the whole crypto market with it, the Doge price was able to hold […]
There is a classic episode of The Simpsons which starts with Lisa staring out of the window as her father Homer sleeps in a hammock. She states: “Hmm, pressure dropping, humidity rising, increasing wind.”The middle Simpson child then takes a book on weather phenomena and continues: “Here it is, chapter two, so your pressure is […]
Donald Rumsfeld, the former Defense Secretary of the US during the Bush-Cheney administration, once admitted to journalists that the Pentagon would often times bring out a press release in the midst of a world disaster, in order to make sure that the news would be buried on page 9 or so of the New York […]
The world’s richest man is no longer Tesla’s boss, but rather Amazon’s. Jeff Bezos took the crown back from Elon Musk after the latter shot himself in the foot when he declared on Twitter over the weekend that both the prices of Bitcoin and rival Ether “do seem high”. Ever since then, Bitcoin started a […]
An interesting video was published by the Wall Street Journal last week, speaking of the growing interest in the US for Bitcoin mining operations. It was entitled: U.S. vs China: The Battle for Bitcoin Mining Supremacy.Although we over here in Europe don’t really realize it, there is growing anger between the US and China, both over […]
Bitcoin lost more than $12k since Sunday as the crypto market and tech stocks suffered a major selloff. Whereas yesterday afternoon’s drop was still manageable, by this morning major European stock markets, crypto markets and US futures are all sharply down. At the time of writing, Bitcoin is trading near $48k on CoinMarketCap. Other top […]
New US Treasury Secretary Janet Yellen is not a Bitcoin fan. Ever since she was nominated to the position by the Joe Biden administration, the cryptosphere has been anxious to find whether her stance on Bitcoin had changed in the past few years.On Monday, just as European stock markets had suffered some profit taking and […]
The crypto market is seeing a selloff today but one coin steadily refuses to move along with the others in the top 10. XRP, the cryptocoin of Ripple Labs, is rising near 6% at the moment of writing on surging volume. It comes as the former head of the SEC blasted the institution’s lawsuit against […]
