Tech giant Nvidia can’t seem to escape worldwide media. The company recently announced it wanted to purchase competitor ARM (held by the Japanese conglomerate Softbank) for a whopping $40 billion dollars. Many Silicon Valley companies, such as Qualcomm, Google and Apple, oppose the move and asked worldwide regulators to intervene.Meanwhile Nvidia has opened another market […]
The old adage that self-knowledge is the beginning of all wisdom has hit Dave Portnoy. The famous Barstool Sports Presidente, who was commenting on the Congress hearings over Gamestop versus Robinhood this week.He admitted that when he got into crypto for one crazy week in the summer of 2020, but quickly got out again as […]
Bitcoin broke through $56k overnight and with the stock markets closed, even a leg up to $60k couldn’t be ruled out according to analysts. Meanwhile the excitement for Ether 2.0 and the interest of Wall Street investors for DeFi makes sure that the price of Ethereum lept over the $2,000 price mark.Crypto is clearly experiencing […]
As Binance Coin is shattering records and surged 43% higher, CEO Changpeng Zhao, known as CZ in the cryptosphere, was interviewed by Bloomberg a few hours ago.Binance Coin has now overtaken both Cardano and Polkadot and sits on the fourth place in CoinMarketCap’s top 10. Currently, the Binance Coin price is trading around $258 and […]
Except for a store of value (which even Jim Cramer recently admitted), cryptocurrencies are becoming an escape mechanism for opposition leaders in autocracies as well.We’ve already reported on Belarus and Nigeria in recent months turning to crypto collections to finance opposition rallies, but it now seems that a much larger opposition figure is doing the […]
Robinhood, the popular app that allows US customers to trade without a fee, is in the middle of a political storm as the US Congress starts a hearing today on the whole Gamestop debacle. You may remember that a bunch of Redditors grouped together on the WallStreetsBets platform took on Wall Street Hedge funds in […]
Few tweets have captured the essence of the 2021 crypto craze as well as the one Zhu Su, CEO of Three Arrows Capital, a Singapore-based hedge fund. Explaining why anyone would still consider buying Bitcoin over $50k (it just crossed $52k today), he stated that during the Weimar era you would buy gold and Picasso’s to protect […]
The Beijing government is coming out of the Covid-19 pandemic as a clear winner. Still, the apparatchiks are worried about what the future holds. One thing in particular, namely the popularity of VPN is a gaping black hole. Via Virtual Private Networks, the younger generation (which is massive in China ever since it abolished the one-child policy) […]
Legendary trader Peter Brandt should not really need an introduction in the world of crypto by now. He is the author of several books on trading and the profession of technical analysis. His book diary of a professional commodity trader is considered a bible to many in the City of London (which seems to be losing […]
American commentators and crypto fans like Anthony Pompliano had to resist sleep as Bitcoin broke through the $51,000 barrier easily in the early hours of Wednesday morning in Europe. Meanwhile Gold is seeing a dropping price tag and ditto interest. Crypto fans are drumming up support on social media as hedge funds buy over one […]
