Tomorrow is 12 March, Friday 12 March. Perhaps that date doesn’t ring a bell but it’s exactly one year since doomsday for Bitcoin. For those of you that don’t know, here’s why this day will as from now always be met with fear.Last year on 12 March, Bitcoin did what MicroStrategy has done over the […]
Earlier this week, Chinese smartphone and app maker Meitu announced that it had followed in Tesla and MicroStrategy’s footsteps by investing in Bitcoin and Ether directly.Binance CEO Changpeng Zhao admitted that:Many Asian companies own bitcoin already. They are just not very public about it.In fact, crypto is outpacing other industries in Asia when it comes to […]
First off, and before I get a whole bunch of angry catholic or protestant emails, don’t get me wrong when I write this title. Satoshi is by no means Jesus or any divine figure and there is nothing holy about Bitcoin. Atheism is not the opposite of religion, it is simply the lack of it, […]
PlanB, the anonymous Dutch trader and financial analyst who recently told his followers he would be quitting his job to focus solely on Bitcoin, got suspended from Twitter in the past hours.https://twitter.com/100trillionUSD/status/1369549873767473157?s=20Other popular crypto accounts like The Crypto Dog (another anonymous trader who lives and trades in HongKong), Willy Woo and Jonny Moe Trades suffered […]
Christian Bale portrayed legendary investor Michael Burry in the 2015 movie The Big Short. The man has had hordes of fans ever since. Burry, who headed hedge fund Scion during the 2007-2008 financial crisis, famously bet against the US housing market and was subsequently sued by his own investors. When he paid out 10 times […]
Both Bitcoin and Ether is pushing through with more than 8% climbs in the past 24 hours as the two biggest cryptocoins are looking for their all-time-highs again.Over on Wall Street a different picture as the reopening of western economies made sure that investors moved money back into companies which would profit from this, and […]
Technical analyst Peter Brandt has turned his eye to both Bitcoin and Dogecoin as of late. As to the most famous cryptocurrency, Brandt admitted that he had a large holding in it given that he sees a very large upside possibility.As to Dogecoin, Brandt, claimed a few weeks ago that he noticed a cup and […]
Crypto analysts had mixed feelings about the US stimulus package that President Joe Biden’s team was able to get approved in both the house and the senate over the weekend.Although most agree that the $1,400 stimulus payments being sent to Americans directly were certainly helpful, others fear the whole package would raise inequality.All around market […]
As from the second week of February, when Elon Musk proudly announced the purchase of $1.5 billion in Bitcoin through his company Tesla, crypto enthusiasts have been betting on who would be next Wall Street giant to make a major announcement.Last week the bet was on Netflix, as CEO Reed Hastings is known for thinking […]
This weekend saw a lot of sideways action for the major cryptocoins while Bitcoin was able to reclaim it’s $50k level, though still trading within it’s narrow (and therefore boring) $46-$52k range.Ethereum is slowly gathering pace towards the $2k level again and is now trading at $1,700, up 2% in the last 24 hours, benefitting […]
