The once feared Federal Reserve speech of Jerome Powell turned out to be a big nothingburger in the end but Bitcoin and Ethereum seem locked in a tight trading range which doesn’t let them break out, whether to the down- or even upside. Meanwhile smaller DeFi coins continue booming just as ChainLink also seeks direction.BitcoinThe […]
The mainstream adoption of Bitcoin as a known item, good or definition for digital currency for Americans became even clearer today. Whereas we already mentioned two weeks ago that both Tesla and Bitcoin were the most popular investments for Americans during the first half of 2020, it now seems the mainstream media is also jumping […]
Just as thugs and criminals started to feel that the Bitcoin frenzy days of the illegal and legendary Silk Road finally had found a successor with the Darknet’s very popular “Empire Market”, the site went offline a few days ago.Speculation is rife with many believing that the FBI closed it down just as it did […]
A discussion on proof of work versus proof of stake has led to a new nickname for Charles Hoskinson, CEO of Input Output HongKong and founder of Cardano, the small altcoin that is experiencing a stellar 2020.Charles has therefore adapted his Twitter profile and now added to his wallet address the fact that he is […]
Fidelity Investments, a household name in corporate American finance, has announced it will start a Bitcoin investment fund, led by a senior strategist. Both crypto analysts and household financial names are enthusiastic as yet another Wall Street titan decides to enter the world of crypto.The Securities and Exchange Commission filing of earlier this week showed […]
Jackson Hole is a small town in Wyoming, USA, where nothing ever happens, except for skiing in winter. Once a year the town of 10,000 becomes the center of the universe as the world’s central bankers meet there to give the markets their vision on economic growth, inflation and all else that matters. Given the […]
2020 has been a rollercoaster ride in terms of crypto trading. From the rise like a phoenix that Bitcoin experienced after the March lows till $12,000 just a few days ago and the unbridled popularity of DeFi coins in the past few weeks, it sometimes feels like it’s 2017 all over again. We’re just not […]
A question being raised on a growing number of media outlets worldwide is what the Indian parliament will shortly decide when it comes to matter of crypto. Given the sheer size of the country and its enormous economic potential, a ban on crypto would be a devastating blow to the numerous small companies that have sprung […]
Bitcoin, the best known cryptocurrency, has rallied some 20% in the past month after it broke through the 10,000 dollar level early May upon it’s halving. Ever since then, 12,400 $ has been its top for the year 2020, and many analysts are pointing to the US dollar’s weakness as a possible reason.Earlier this week, […]
A quite new DeFi coin called yearn.finance project token (YFI) has surpassed the price of Bitcoin since yesterday. At the time of redaction, one YFI token was worth $14,685 versus Bitcoin’s price of $11,868, a situation called flipping in the crypto world. It had risen some 1,400% in one month. Update: yearn.finance (YFI) seems to […]
