There are some market quotes, which are so good they become the stuff of legends, like go away in May, but remember, to come back in September, which means you best take your money out during the lazy summer period. Another one is that the market can stay irrational longer than you can stay solvent, written to […]
Bitcoin is currently down 10% since hitting a new all time high over the weekend ($61k) as the Dow Jones stock market reached a new record for itself. Markets in Asia followed suit as investors continued to pile money on the so-called reopening trade (i.e. taking money out of tech and into stocks that will […]
In the beginning of the year, worldwide media was abuzz with a story of a German-born programmer who had only a few guesses left to access the Bitcoins he still had stored on his laptop.After eight unsuccessful attempts to access his account, Stefan Thomas, a programmer in Silicon Valley, was down to his last two […]
At the end of the month of January, just as Bitcoin started an epic run from $20k to $50k and right before Elon Musk announced he would be investing, another piece of financial news took the world’s spotlight.It was named WallStreetBets, a 7 million strong group of amateur traders on Reddit who decided to take […]
Critics of Bitcoin claim that it has no real world usage (although several African countries are proving otherwise as of late), but what will they say if they find out that Dogecoin, the currency started as a joke, is from time to time even more popular. A Canadian app developer which announced that it was […]
Bitcoin is trading 7% lower from its all-time-high of $61,950 set over the weekend, and is now changing hands for $56,300, but is still up 12% in the past week. It will be interesting to see how institutional investors react to yet another milestone achievement for the most famous cryptocurrency when stock markets open. The […]
Both economist Paul Krugman and famed Uber venture capitalist Jason Calacanis made a similar argument to defend the dollar against Bitcoin.Both men state that the dollar hegemony in the world as it’s preferred reserve currency is guaranteed for years to come, not because of the dollar strength of course, but because the US still has […]
There has been no shortage of Wall Street veterans warning people that stock markets are in a bubble and that the least bit of troubling news could set them off.However, Mark Mobius, the veteran emerging markets investor, went a step further than that. In several interviews this week he claimed that because of the importance […]
The CEO hack is an unfortunate regular recurring event in the cryptosphere. Channels featuring prerecorded messages of Vitalik Buterin asking you to send him some cryptocoins which he will double after receiving, are a favorite scam of hackers to lure easy and gullible targets.Given the growing popularity of Cardano’s ADA coin, a popular YouTube channel […]
An out of sync image in worldwide stock and crypto markets. Bitcoin is nearing its all-time-high of $58,000 while the rest of the top 10 sees a small selloff. Chiliz (CHZ) witnesses a parabolic climb and FTX is ready to sponsor a NBA team.Over in US stock markets, the Nasdaq entered its fourth week of […]
