Back in 2019, before Covid and all, there once was a global website called Facebook that decided one day: hey, let’s take over the world of money, and then the world of money responded: let’s not. In a nutshell, that’s the story of Libra. Okay, okay, it’s a bit more complicated than this, but you […]
The brutal Thanksgiving selloff which saw Bitcoin slide 10% from its $19k price point and other altcoins drop some 20% also hit Yearn Finance, the best known Andre Cronje developed coin. But lo and behold, 24 hours later and YFI is once again trading around $24k, up 20% today after the Cream news became public. It comes as Andre’s […]
Knowing Russian President Vladimir Putin’s attitude towards any illegal operation in his country, you wouldn’t want to be man who made the news yesterday with an illegal Bitcoin mining operation. Now that in itself would be bad enough if discovered by the Russian authorities, but if you manage to also lit up the whole apartment […]
A tiny newspaper article in this week’s Financial Times was retweeted by none other than the CEO of Binance, Changpeng Zhao. The original story claimed that the British Monarch, Queen Elizabeth, had expressed an interest in blockchain. CZ cheekily wanted to know how many Bitcoins the inhabitants of Windsor Castle bought in the meantime already.The […]
Peter Brandt, the legendary trader, claimed a fortnight ago that the difference between the current rise of Bitcoin and the bull run of 2017 was the absence of volatility and reversals during the uptrend. He stated that the reason he was bullish was:During the 2015-2017 bull market in Bitcoin $BTC, there were 9 significant corrections […]
For those of you who thought that VeChain was off our radar these past few months, think again. The small crypto may have experienced a pullback over the summer (ever since reaching $0,022 in August), but has been climbing steadily in November again, currently trading at $0,0175, reaching for $0,020. In the past week alone, […]
Altseason is upon us now that Bitcoin has been steadily rising ever since the election of Democratic candidate Joe Biden, the institutional FOMO phase, the fear of many that further Covid-19 stimulus will lead to inflation, the announcements of PayPal and Square, the… Well, you get it, there are lots of reasons to explain why […]
Brian Armstrong unfortunately saws his trading platform once again trending on social media yesterday. Although the cryptosphere as a whole has had a very positive 2020 and Mr Armstrong can probably count on a hefty bonus from his board next year, things did not truly go his way all the time. The second biggest trading […]
CEO of Ripple Labs Brad Garlinghouse must be a highly popular man in Silicon Valley once again now that his cryptocoin XRP seems to be on fire this week. Together with Bitcoin’s institutional FOMO rise of the past few weeks, other coins have also been gaining notably, among them Litecoin, Ethereum, Tether, Cardano and Ripple […]
According to research from venture capitalists, the introduction by both Square and PayPal as crypto trading platforms seems to have rocketed the price of Bitcoin in recent weeks. Estimations claim that nearly all newly mined Bitcoin is being bought by the two Silicon Valley companies. Meanwhile bankers estimate that a new round of stimulus cheques, […]
