The phrase: so you are saying a short squeeze is possible? became stuff of legends on social media board Reddit this year. WallStreetBets, a 7 million strong group of amateur traders on Reddit decided to take on the most powerful of Wall Street’s elite: the hedge funds, the so-called Apex Predators of the financial world […]
Bitcoin continues its renewed march upward and enters the weekend at a value of $33,800 as Venture Capitalist investors continue to take the long stance when it comes to crypto. Meanwhile crypto takes center stage during the Olympics as well, and members of the US government call upon their Olympic federation not to use the […]
Cryptocoins continue a rebound which started on Wednesday after Bitcoin experienced a drop below $30k on Monday when global markets fell out of fear for a resurging Covid-19 spread.https://twitter.com/Underrated_Dom/status/1418323260060618753By Friday morning time of writing, Bitcoin is trading near $32,500 while Ethereum is again above $2,000. In the top 20 of CoinMarketCap we furthermore noted strong […]
No less than 48 hours after classic finance feasted on the ruins of crypto when Bitcoin dipped below the psychological threshold of $30,000, the world’s biggest cryptocurrency came roaring back with a stellar performance and is trading over $32,000 again. At the time of writing it is changing hands for $32,200.Analysts and commentators already foreseen […]
Bitcoin bounced back above $30k only a day after it broke through the psychological barrier. At the time of writing other major coins like Ethereum, Cardano and Dogecoin are also trading in the green. Reports came in that younger generations are invested in crypto and memestocks more and more and Bank of America is betting […]
Stock markets around the world fell over fears that the spread of the new Delta variant (the US airline with the same name is not happy about that Greek letter choice) might hamper recoveries. Crypto markets fall in response as investors took their money out of speculative assets. Cathie Wood’s ARK fund remains contrarian and […]
As the cream of the crop of the Silicon Valley billionaires (Google, Facebook, Twitter, etc) met in Sun Valley, Idaho for their yearly get together (which the Guardian dubbed the secret gathering of unelected billionaire kings), local Berkeley newspaper The Daily Californian focused on what all of them thought about Bitcoin (and other cryptocurrencies). Meanwhile Elon […]
Hollywood has discovered crypto. Featured films are in the works about the OneCoin scandal, about the Gemini founders (aka the Winklevoss twins) and about the mystery surrounding Satoshi Nakamoto. As such, documentary makers cannot stay all too far behind, and it will therefore be interesting to see how much of a low profile Vitalik Buterin, […]
By now, there’s no denying anymore that cryptocurrencies are here to stay. Although politicians and financial behemoths of the past centuries are trying to grapple with this new reality, a new dawn beckons and crypto acceptance is on the horizon. One of the final hurdles that will have to be crossed is regulation though. Many […]
Bitcoin has been ranging for almost a month now between $30k and $35k as investors digest the fact that miners have moved from China to the northern part of America (USA and Canada) and whales are accumulating around the $30k level.There could be another surprise round the corner though, as some analysts believe the Tesla […]
