Whereas cryptofans slammed whale investors for dropping the ball on the Bitcoin price last week, on the day that El Salvador became the first country to adopt the digital currency as legal tender, the country has since moved on.Eager to attract foreign investors to one of the poorest countries in Middle America, President Nayib Bukele […]
Messari founder and CEO Ryan Selkis made an interesting observation over the weekend while looking at the maximum chart of the Nasdaq composite index. He claimed that the upcoming crypto bubble would be five times larger than the dotcom bubble. Sounds scary and negative but it is not necessarily. In fact, the longtime crypto analyst […]
One of the biggest believers in the long-term future of Bitcoin is still ARK investment founder Cathie Wood. For those of you in the unknown, Cathie is the top stockpicker of 2020 and is attracting millions of dollars in fresh investment whenever she makes a move.Her big bets for 2021 are Tesla, Bitcoin (mostly via […]
Two interesting developments in the world of crypto this weekend which I felt needed to be shared. The first one is a term probably already trademarked by marketing professor Scott Galloway and the second is the importance of Bitcoin posting a so-called Golden Cross. Eaglecoin Scott Galloway is an author, podcaster and professor at New […]
Never thought that reality star Kim Kardashian would make it into the speech of a financial regulator, but earlier this week that is exactly what happened. I can only guess that Charles Randell, who heads up the UK‘s Financial Conduct Authority, was told to spice up his speech upon showing a first draft to his […]
The crypto market is mostly stable or lower as we head into the weekend. After a brutal flash crash earlier this week, Bitcoin is trading around $45,000 and is down about 10% over the past week.The consensus from analysts at this point is that Bitcoin is expected to consolidate and remain range-bound with support to […]
Bitcoin got caught in the crossfire of overheating and is retesting support levels which now seem to lie around the $43k to $46k level. As soon as it aims for the $50k ceiling again and is able to break it, many onlookers are expecting a new altseason to start. So which altcoins sees favorable tidings […]
Solana continues its unabated march forward and now trades for more than $200 already. The altcoin has in this manner gained well over 80% in the past week. Meanwhile the SEC showed its hand and also its backers as it threatened to sue US crypto platform Coinbase if the company would go ahead with its plans to […]
Say what you want, but if the populist president of a middle American country manages to capture the attention of worldwide media for an economic experiment, that in itself is a win. Nayib Bukele, the president of El Salvador, seems to revel in the attention of news stations like CNN, MSNBC and BBC as his […]
It’s like a jungle sometimes, it makes me wonder how I keep from going under. Yes Grandmaster Flash and the Furious Five knew what they were talking about 40 or so years ago already. The crypto market also wondered how it kept from going under when the market, which had steadily been climbing for a week […]
