Bitcoin bounces off the $40k price mark in the past few hours and has climbed 5% since then, now trading at around $42k. It comes as the looming bankruptcy of major Chinese property developer Evergrande is on the front pages of all business newspapers. The company owns more than 1,300 building projects in more than […]
Back in the spring of 2007, all signs pointed towards a bubble brewing in the US housing market. Bear Stearns was the first domino to fall, but as another behemoth of US finance was quick to snap it up, no one really gave it a second look and stock markets kept rising. Summer came and […]
An explanatory piece in the New York Times about stablecoins shows that regulation might be nearing, according to Coindesk. As a result, Bitcoin and the rest of the crypto market saw a selloff this morning, with the biggest cryptocurrency now trading under $45k. Meanwhile older generations are now also discovering crypto as multiple articles over the […]
Cryptocurrencies are mostly traded in two global currencies, the United Stated dollar and the European euro. Given the size of both markets and the richness of their middle classes as well as the willingness of those populations to invest in a risky asset, not too surprising. The third place however, is a surprise for those […]
A few months ago, I already pondered on this platform whether Shiba Inu had the potential to become the next Dogecoin. DOGE, the famous memecoin which is apparently still Elon Musk’s favorite crypto (notice his 13 September tweet), has had a stellar 2021 but appears to be losing some of its steam in the past […]
Bitcoin is trading in a 8,000 dollar range between $44,000 and $52,000 dollar for almost a month now. Even the news that AMC Theaters, one of the original Memestocks preferred by the Reddit investor crowd like WallStreetBets, is now accepting Bitcoin as payment, was unable to move it this week. https://twitter.com/CEOAdam/status/1438298684266098688 Meanwhile celebrities are warning […]
OpenSea is one of Silicon Valley’s newest goldilocks firms. The NFT trading marketplace was recently valued at $1.5 billion by Wall Street firms, not bad for a brand new organization run by only a few people dealing in Non-fungible-tokens that anyone can make from their computer. Their success looked to make them all billionaires in […]
Bitcoin finally reached the so-desired golden cross, which occurs when a short-term moving average crosses over a major long-term moving average to the upside, in the past day when it is trading over $48,000 again. The signal is interpreted by analysts and traders as a definitive upward turn in a market.On top of that, there […]
Bitcoin is surging and touches the $47k mark again. It has now in fact gained 5% in the past seven days, so all that talk about a Bitcoin crash last week seems a distant memory.In another sign of growing faith in Ethereum, ARK CEO and founder Cathie Wood announced she would split her investment in […]
In the beginning of 2021, the price of Bitcoin experienced a 15% surge in only a few days when Tesla CEO Elon Musk proudly announced that his car company (the man leads multiple businesses) would soon accept the world’s largest digital currency as payment. When Tesla reversed course a few month later, the price of […]
