Glauber Contessoto, the original SlumDoge Millionaire, starts off 2022 with a bang and Arkansas is offering $10k in Bitcoin to tech workers and entrepreneurs to move to the state. And would you know it, when looking at CoinMarketCap, Bitcoin has actually gone up in the past seven days (only 3.5%, but still). Ethereum managed to […]
Last year, two young South African brothers disappeared without a trace, taking with them 69,000 bitcoins (worth some 3.6 billion dollars). Ameer and Raees Cajee, barely 18 and 21 years old at the time of their disappearance, had set up an investment vehicle called Africrypt. They let the system collapse via a so-called ‘hack’ and […]
Crypto Ed, the Dutch trader who’s been garnering a mass following on Twitter as he’s provided free (and rather accurate) TA as of late, showed with a couple of charts yesterday why he believes that the turnaround in the crypto market we’ve been seeing in the past few days could mean that the ‘bottom is […]
All the doom and gloom of the past few weeks is wiped away today as Bitcoin (and with it the entire crypto market) seems to have found a footing and rebounded off the $40k level to hit $43.8k again. Most headlines in crypto media also noticed that Bitcoin was moving towards a death cross, one […]
The world’s biggest reality-TV star, Kim Kardashian, and former heavyweight boxing champion Floyd Mayweather are only two of the several celebrities that are facing a lawsuit for allegedly misleading investors by promoting a cryptocurrency. EthereumMax, which has no affiliation with Ethereum or Ether, crashed 98% about a month after Ms Kardashian spoke about the coin […]
The wisdom of Lou Mannheim refers to a character in the Oliver Stone movie Wall Street, the pallbearer of all finance films. Lou is an elderly trader who teaches the youngsters on his trading floor that in times of crisis, you should always ‘stick to the fundamentals,’ because ‘that’s how IBM and Hilton were built’. https://www.youtube.com/watch?v=XCSOsFe42P8 This immediately […]
As the late ‘Prince’ (who later changed his name to an unspeakable symbol) knew already on Sign “O” the Times in 1987, the cross is an important symbol. Prince sang the quite bearish: black day, stormy night, no love, no hope in sight, Don’t cry, he is coming, Don’t die without knowing the cross. The cryptosphere is also once […]
The power of sheer numbers is best explained by the legend of sheikh Ibn Khallikan. This Sufi ruler, who lived in the area we now know as Iraq around the 12th century, asked one of his generals what to give him for a brilliant victory against his enemies. The unnamed general claimed he wanted a single […]
In January of last year, a Tesla announcement boosted the price of Bitcoin. When CEO Elon Musk stated that his car company would accept the biggest cryptocurrency as payment for the vehicle, the price of Bitcoin shot up. It appears that the relationship works both ways, as an aspiring entrepreneur explained to CNBC that he uses […]
A brutal start of the year saw Bitcoin, Ethereum and most major coins slump in the first week of January. It came after Wall Street investors reset their portfolio of investments, after the Federal Reserve indicated that it would probably move its decision to hike interest rates (and stop printing money) forward to mid-March of […]
