Although Bitcoin has once again failed to break the illusive $20,000 level, few analysts doubt that it eventually will do so, probably before the end of the year. This is because by now most market commentators start to realize that there has been a rush on crypto by institutional investors who realize that they need […]
Ripple labs must be beating itself up over the legal agreement it made with co-founder Jed McCaleb when he left. The current Stellar Lumens CEO’s deal is possibly negatively impacting the performance of XRP, at this moment still the third-largest cryptocurrency.In a strange way, the CEO of a rival crypto could in this manner influence […]
Is there a clear correlation between stock markets and Bitcoin still? Is the best known cryptocurrency rejecting to take the $20k hurdle once again because of Brexit fears? Such is the analysis of many charters that are watching Satoshi Nakamoto’s cryptocoin drop back down to the $18k region in the past 24 hours. Although some […]
The G7 is clearly worried about a possible launch in 2021 of Facebook’s own cryptocoin, whether it is called Libra or Diem (as it has recently been rebranded). Proof of this fact was given when the German Finance Manager Olaf Scholz released a statement addressing the Facebook namechange. Scholz said:A wolf in sheep’s clothing is […]
Given that the Bitcoin price is eyeing $20,000 again, institutional investors are searching for ways to diversify and spread their risk upon entering the cryptosphere. As such, it seems a new altseason might be upon us as the smaller coins have clearly outperformed the best known crypto this year.AltseasonEthereum, Ripple’s XRP and DeFi behemoth Chainlink […]
As HongKong is still the crossroads of international trade in Asia, the Chinese government needs the roll out of its Digital Yuan to be a success there of all places. Gioven that HongKong is not exactly the most subservient city under Chinese rule (understatement of the year) finding loyal local fans for the digital coins […]
Whilst over in the US infections of Covid-19 are mounting like crazy, the UK is preparing for a vaccination rollout. Only possible problem is that it will coincide with Brexit. Yes, that thing that everyone has been talking about for years and thought would never happen is finally here. On 1 January 2021 the EU […]
Back in 2017, a Dutch family of five made the world news. 42-year-old Mr. Didi Taihuttu, his wife, and their three children all agreed to sell all their worldly possessions and invest it all in Bitcoin, which was trading at $900 by that time. By the end of 2017, it looks like they would be […]
There is a scene in the 2015 movie Steve Jobs where then Apple CEO Stve Jobs speaks to the previous CEO of the company. It is a tense discussion between Jobs, played by Michael Fassbender, and Sculley, played by Jeff Daniels. The script, written by Aaron Sorkin, mentions at that point the immense respect that […]
A strange juxtaposition in the Chinese and American press these past few days with Bitcoin in the middle. According to the South China Morning Post earlier this week, the Beijing government was proud to report that it has built a computer machine “one trillion times faster” than any rival. Forbes, the US business magazine, responded […]
