The crypto market moved sharply higher last night, following US stock markets after renewed investor positivity. In the past 24 hours, Bitcoin went up almost 7%, Ethereum increased by 14% higher and Cardano climbed 13%. Changpeng Zhao, commonly referred to as “CZ”, is not a man you want to steal from. The Binance CEO appeared […]
A recent analysis by Bank of America concluded that Bitcoin’s recent low volatility spell means it is becoming a ‘safe haven’ again, after a few years (2020-2021) where it traded as a high risk asset. Bitcoin has been trading in a very narrow $19,000 to $22,000 band for most of the past two months.Investors are […]
The crypto market seems to have fallen asleep in recent weeks. Ethereum and Bitcoin move within a very narrow range and barely move higher or lower. Earlier this week it became clear that Bitcoin is currently less volatile than most stock markets (which some analysts see as a very positive signal as they interpret this […]
Although the crypto world is still officially in a bear market, there seems to be a movement within the banking world to introduce Bitcoin, Ethereum and many others to customers directly. European digital bank N26 announced earlier this week that it is starting a crypto investment account. The originally German bank, which is active in 22 countries, […]
The goal of the Ethereum merge was not only to switch to a ‘greener’ way of mining (the switch from proof of work to proof of stake), but also to ensure that less Ethereum would be in circulation Hopefully, the price would drive up. Data for October shows that Ethereum is finally seeing its number […]
Tesla may have sold some of its Bitcoins earlier this year, but it apparently still believes the remaining $218 million dollars it currently has in crypto will appreciate in value int eh future. One of the most prestigious technology companies has thus become a HODLer.https://twitter.com/CoinMarketCap/status/1582952248052633601Covid lockdownThe value of Tesla’s Bitcoins has remained almost the same. […]
Although the documentary “Cryptoqueen – The OneCoin Scam,” is making its market debut at Mipcom in Cannes (and it will once again turn the spotlight on Cryptoqueen Ruja Ignatova), the most wanted man in crypto for the moment is another (alleged) criminal: Terra Founder Do Kwon. By now, the hunt for him has become so international and […]
Rapper and fashion designer Kanye ‘Ye’ West has vowed to take over Parler, the rightwing social media platform, after being kicked off Twitter and Instagram last week. According to Parler, which is full of Donald Trump and MAGA fans, Kanye will conclude the purchase in the fourth quarter of the year. Already the internet is rife […]
Volatility of both Bitcoin and Ether is so low right now that analysts are now searching for historical patterns to see what could follow from this “stable” trend crypto has been showing lately.Bloomberg has discovered a pattern that should result in a 20% higher Bitcoin price just before Christmas.InflationWhen the inflation figure in the United States […]
In May 2010, a young computer geek named Laszlo Hanyecz used some 10,000 Bitcoins to buy two pizzas at the then popular chain of Papa Johns pizza. That American pizza chain was one of the first to allow payments in digital currencies. At a current value of $19,000 per bitcoin, that means Laszlo bought the […]
