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 […]
Charles Hoskinson, founder of popular crypto coin Cardano and CEO of Input Output HongKong, encouraged imprisoned antivirus mogul John McAfee to keep tweeting. The latter is in a Spanish prison awaiting extradition to the US where he is wanted for tax evasion.Both McAfee and Hoskinson share the same political viewpoint as they’re both fans of […]
Bitcoin moved beyond $12k for the first time since August again as Fed Chair Jerome Powell spoke of CBDC and the IMF floated the term “New Bretton Woods”.An eToro analyst said in response to Bitcoin’s recent rise:Bitcoin has been on a steady rise over recent weeks, driven partly by the news of Square’s $50 million […]
Cryptocurrency is finding new purpose now that Nigeria has joined Belarus as a place where anti-government protests are being crowdfunded by Bitcoin. Belarus had setup a fund fueled by both Bitcoin and Ethereum a few weeks ago already to help citizens get rid of President Lukashenko.Africa has seen the way this was organized and now Nigerian […]
Oh the irony. When an American company started a trading business which didn’t involve you paying a fee to your broker, because of the massive volume they could generate, some thought the name was badly chosen. According to popular legend, Robin Hood stole from the rich to give to the poor whereas this trading app […]
