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 […]
Popular Bitcoin critic Peter Schiff has become embroiled in a tax evasion allegation. According to reports, the American investor is part of a tax evasion probe involving multiple countries.The probe report alleges that Euro Pacific Bank, a Puerto Rico based bank founded by Schiff had been facilitating tax evasion.Schiff’s Bank named as a severe organized […]
As I watched the newly released “totally under control’ documentary over the weekend (which highlighted the botched Covid-19 response the US political leadership put in place), I was reminded of the cruise ships debacles back in February and March.Back then, as the “Diamond Princess” cruise ship anchored in Japan, it was for a while the […]
The massive possibilities of the Indian subcontinent are becoming more and more obvious for crypto investors willing to get in early. This is not too surprising considering the possible growth curve. Crypto is booming business in cities like Delhi and Mumbai after the country’s Supreme Court, in March of this year, finally overruled the banking […]
