The Chinese government is in hot water. US press is focusing on their decision to remove popular ride hailing app Didi from the Chinese app stores (which has seen its share price dive as a result) and the communist leadership in Beijing is also hammering down its decision to slow down the mining of Bitcoin […]
Just like stocks it’s starting to look like with Bitcoin you better “stay away in May but remember, to come back in September”. The world’s biggest cryptocurrency by market capitalization continues its unending dance between $30k and $35k, now for three weeks unending apparently.https://twitter.com/AriRudd/status/1415158161527349250Q2 reportingMeanwhile Wall Street is getting ready to report second quarter earnings, […]
Last year, I read a highly interesting book called 2030, How Today’s Biggest Trends Will Collide and Reshape the Future of Everything. It forecasted that Africa would be the next growth continent, crypto would go mainstream, the planet’s temperature would rise and that women would take over business boards because of their sheer bigger numbers […]
As Bitcoin continues its boring summer range between $30k and $34k, attention turns to the upcoming release of locked shares (16,240) in the Grayscale Bitcoin Trust, also known as GBTC. On 17 July, early investors in the company (which back in 2020 was one of the only ways institutions could get their hands on Bitcoin […]
Two opposing views on the future of Bitcoin, which has been ranging between $30,000 and $35,000 for several weeks now and is thus due either a move up or down when this range ends, are in the news nowadays. On the one hand we have a bullish outcome, on the other a bearish one. Who […]
When Democrat Eric Adams claimed that New York would become the center of Bitcoin and would thus rival Miami, where mayor Suarez earlier this year organized a very well attended crypto conference, he wasn’t kidding. Now that Adams has won the Democratic primary for the mayoral position of the US’s biggest city, the first changes are […]
A few months ago, I remember reading about how Facebook would, according to sources, soon announce that they had converted part of their dollar stash on hand into Bitcoin, not wanting to miss out on the bull run of the first quarter of this year. It never materialized even though at a certain point Mark […]
Bitcoin stays in its by now boring range between $30k and $35k, where some analysts now foresee it trading until the end of the summer. If it does, it is yet another sign that institutional investors have taken over a large share of the power of the world’s biggest cryptocurrency and that they’ve decided the […]
The NASDAQ and Dow stock markets took hits (after European markets suffered one of the worst days of 2021) as the Chinese communist party apparatchiks are now going after tech companies as well. Meanwhile the spread of the Delta-variant has investors worried and in the cryptosphere there is a renewed threat of regulation.Both labor shortages […]
Wall Street analysts reacted with surprise and disdain at the beginning of the year when Tesla CEO Elon Musk announced that his car company (the man has a few firms in his portfolio) was investing into Bitcoin directly. By end of March and certainly in April when Bitcoin hit $60k, Musk was hailed as a […]
