On 10 June, when things were looking very grim, we reminded everyone that Bitcoin would soon start its best month. Now that we have arrived at the end of the month of July, the historical pattern has once again become true. If we take the median of the past 11 years, we see that the seventh […]
In the past few days, as the Federal Reserve announced another major rate hike and the US entered a ‘technical recession’, the stock markets (and crypto markets) have mostly been rallying. The ‘merge surge’ which surrounds Ethereum has taken it all the way up from $1,000 to $1,700 in a matter of week and Bitcoin retouched $24,000 […]
Feeling down because you’ve lost money in crypto investments or the stock market this year? You’re in the company of billionaires. Apparently Cathie Wood (the best stock picker on Wall Street in 2020 and 2021), Facebook founder Mark Zuckerberg and Tesla CEO Elon Musk have all lost billions on crypto investments this year as well.On […]
Just as Bitcoin (up 8%) and Ethereum (up 11%) jumped up over the Fed’s announcement, crypto’s biggest stablecoin issuer Tether is once again facing wrath on social media after it emerged that it somehow got a ‘preference’ in repayment by the now bankrupt crypto lender Celsius. As Celsius filed for bankruptcy protection in the US […]
The Daily, the popular podcast by the New York Times, this week discussed the demise of Celsius. It would seem that the journalist’s advice is for companies to now stay away from crypto as you risk upsetting possible investors and future clients if you get on the wrong side of the investment. However, with large swaths […]
How To Avoid Coinbase Fees in Coinbase is a popular exchange in the crypto industry. It offers services ranging from the trading of cryptocurrency (buying and selling), currency conversion to currency storage. The Coinbase platform is targeting inexperienced users to easily buy and sell cryptocurrency with an user-friendly interface. Coinbase is asking a high fee […]
The Ethereum Merge is the latest thing investors are looking forward to. This will bring about the transition to Proof-of-Stake, a development that many believe will bring about the growth of Ethereum. This has garnered a lot of interest in the last few days, and Ethereum exchange balances dropped significantly as stakers prepared for the […]
The birth of Decentralized Finance (DeFi) has seen so many platforms joining the space. Unfortunately, it’s hard to differentiate genuine from phony platforms. Some have been shrouded in controversy while others are just forks (clones). Luckily, there are a few genuine ones that have continued to gain interest with time. Aave protocol is one such […]
The crypto market has been in a downward move for several weeks now and seemed to have finally found support around $20,000. After closing the week with Bitcoin at over $20,000, there was optimism that the market could be set for a flight bounce back to $25,000.However, this hope was dashed as the market tumbled […]
You would think that the ECB’s rate rise (which was higher than expected) or Bitcoin’s flirtation with $24k would be making headlines. Instead of this, it was Tesla which presented reasonable results, but apparently decided to ditch (most of) its investment in Bitcoin. In the beginning of last year, Bitcoin saw a 15% rise in […]
