At the beginning of this month, Twitter CEO Jack Dorsey stirred up controversy when he criticized Coinbase CEO Brian Armstrong’s blog post about the company’s apolitical stance. Coinbase, still the largest crypto platform in the US, even extended their apolitical stance and said they had offered a generous “severance package” to anyone of their employees […]
For all the attention that Bitcoin got last week as the king of crypto broke through the $12k and then the $13k barrier immediately after, some would forget that within the top 10 of CoinMarketCap there are two altcoins that have performed even better in that timeframe. They are Litecoin (LTC) and Chainlink (LINK). Especially […]
PayPal’s announcement that it would soon launch cryptocurrency trading and custody services has awoken a sleeping giant. Litecoin, the once booming $300 worth coin created by Charlie Lee, had lied dormant for the past three years apparently. Not so since last week. As the Silicon Valley behemoth PayPal said it would list 4 cryptocurrencies from […]
The massive protests in Nigeria we reported on earlier this week have by now made headlines all around the world. The SARS protests as they are known, are a way for the Nigerian youth to express their outrage over the apparent excessive use of force by the police’s Special Anti-robbery Squad (or SARS). After Twitter’s […]
A research report named “Flows & Liquidity” from financial behemoth JP Morgan was received with incredulity among gold investors as the American bank stated that in its conclusion that:Even modest crowding out of gold takes bitcoin up multiples.It was gold investor Dan Tapiero who highlighted the widespread research piece reaches all clients of the bank. According […]
From time to time, the founders of companies such as Tesla, Linkedin, Palantir and Square still get together. When the group which features Peter Thiel, Elon Musk and Max Levchin is reunited, they are known as the Paypal Mafia as it was there that they made their first riches and their name in Silicon valley. […]
Amid all the reporting about Square and PayPal’s entry into the cryptosphere, we might have forgotten that it was above all MicroStrategy that purchased Bitcoin at large quantities first.As the summer ended and Bitcoin found itself in the dog days of September, it was MicroStrategy CEO Michael Saylor who reported that his company had doubled […]
Publicly traded companies in the US are clearly hedging their best when it comes to the outcome of the US election. Even though Democratic candidate Joe Biden may be leading, some of them are not so sure that Republican Donald Trump is knocked out for the possibility of a second term. And if there is […]
For all the talk of stock markets and crypto markets working in tandem as of late, yesterday was clearly not one of those days. As Europe grappled with possible lockdowns in many of it’s member states, stocks were trading lower or flat at best. Same story over in the US.Meanwhile crypto markets rallied on the […]
Bitcoin wasted no time after the $12k threshold was passed and steamed on to $13k with one go. For 2020, Bitcoin already set a new record and at the time of writing it is trading at $12,837, surpassing its previous record of $12,476 which it reached in August 2020. The dog days of September are […]
