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 […]
Eternal gold bug Peter Schiff was ridiculed by the cryptosphere yesterday after he admitted that his own son invested 100% into Bitcoin after it briefly traded under $50k last week.Schiff, who for years has claimed Bitcoin is a ponzi scheme, has recently changed his tune a bit and now admits that some investors are preferring […]
It’s times like these time and time again. The old Foo Fighter lyrics prove helpful when crypto history repeats itself.Whereas we were convinced a few weeks ago that NFTs (non-fungible-tokes) were ready to show a top and implode, just as DeFi had done in the summer of 2020, they proved us wrong and have by […]
As a seasoned writer about crypto by now, I of course check the CoinMarketCap top 100 on almost a daily basis or the Lunarcrush rankings as to what is being discussed online.On both those platforms, Theta and its fuel token Theta Fuel, which plays a role comparable to the gas fees being paid on the […]
