Only four months after the US Justice Department launched a National Cryptocurrency Enforcement Team, it would seem that the massive 2016 Bitfinex hack has been solved. At the time, hackers got hold of $71 million worth of Bitcoins, some 120,000 of the coins. By now, their value had shot up to an incredible $5 billion. […]
The Securities and Exchange Commission has a new sheriff by the name of Gary Gensler. Gary has come out swinging this week when he issued a subpoena to electric vehicle maker Tesla over a former tweet by its CEO, Elon Musk. No, not over his love for Dogecoin (just yet) but the famed 2018 tweet […]
Back in 2017, a Dutch family of five made the world news for the first time. Didi Taihuttu, his wife, and their three children all agreed to sell all their worldly possessions and invest it all in Bitcoin, which was trading at $900 by that time.By the end of 2017, it looks like they would be […]
Bitcoin is trading above $44,000 and sees a break in it’s two month downtrend which worldwide media had been hyping about. As we see short term traders take profits, it will be most interesting to see if later in the week Bitcoin can confirm it’s upwards momentum and go for the next level of resistance, […]
Back in March of 2020, the man who called the Bitcoin bottom was none other than NSA whistleblower turned author Edward Snowden. On 13 March he stated:This is the first time in a while I’ve felt like buying bitcoin. That drop was too much panic and too little reason.Since then, crypto enthusiasts have been passionately […]
Bitcoin rises to $42k overnight and has risen some 15% in the past week. More and more Bitcoin maxis are calling for $50k next already but a lot will depend on whether or not tech stocks and markets rebound as well.In the broader altcoin market we notice mostly the steep rise of memecoin Shiba Inu […]
With so many being convinced that in the end, fiat money will crash and Bitcoin will conquer all, there are a growing number of those who claim that crypto is the first true religion of the 21st century. A Bloomberg columnist made the statement a first time and if you truly think about it, you could […]
About a month ago, we reported how the MSM had started lambasting the crypto.com ad in which Hollywood star Matt Damon ends with the widely mocked tagline ‘fortune favors the brave’. Given the known any publicity is good publicity, crypto.com (and Matt Damon) took the criticism in their stride and have since moved on. Funnily enough, eternal Matt Damon […]
Traders and whales seemed convinced that the Bitcoin bottom was in with the $32k seen two weeks ago and pushed Bitcoin and several altcoins seriously higher as we entered the weekend. By the time of writing, Bitcoin is trading at $41.6k and Ether at $3k, both coins up nearly 10% in the past 24 hours. […]
Among a Meta (formerly Facebook) crash of 26%, peak oil prices at $90 a barrel (first time since 2014) and rising interest rates in the US, the UK and Europe, you would expect market mayhem in crypto.Strangely enough, Bitcoin is up today by some 2% at the time of writing.Andreessen shifts to NFTBored Ape Yacht […]
