Major US business banks are faced with a growing problem. Their clients want to invest in crypto, a product which they don’t offer. Both JP Morgan and Goldman Sachs have in recent months therefore done a 180 degrees turn when it comes to Bitcoin and blockchain, although they are still steering clear of offering direct […]
Bitcoin continues to trade within a small range, and is moving only a few percentage points in the past week. Which results in a declining dominance. Ethereum got a boost from the European Investment Bank using its blockchain (which pushed the price to a new all-time-high) and Elon Musk joked about Dogecoin on SNL, pushing […]
Nassim Nicholas Taleb is an author favoured by many in the crypto market. Scott Melker, who tweets under the moniker Wolf of All Streets, got into a fight with the man he reveres last week over the supposed dumping of Coinbase stocks by the board of that company and was even called an idiot. Taleb, […]
We’ve been reporting for weeks now about the financial troubles in Turkey. Because of rising inflation, President Erdogan keeps replacing his central banker, to no avail. As the Turkish currency, the Lira, slides further and further down the abyss, Turks are investing heavily into crypto to try and salvage some of their funds before they […]
Elon Musk, the Technoking of Tesla and Imperator of Mars sent out two well-read tweets this past weekend. He first asked what does the future HODL in a clear reference to crypto. He then informed his 52 million followers he would be hosting SNL (Saturday Night Live) upon its return on the 8th of May. By […]
Bitcoin bounces back up towards to $54k on the first weekday after a selloff on Thursday and Friday. Stock markets also calmed down and investors seemed eager to pick up the best known cryptocurrency again. Dogecoin looks quite boring almost as it hovers near the 27 cents mark for two days on end, and is […]
Hodlers of Dogecoin know that celebrity backing is an important part of the belief of the masses that their favorite memecoin will one day reach the $1 value. It was of course Tesla boss Elon Musk who as the ultimate memelord sent out so many supportive messages of Dogecoin in the past year. As the […]
I personally felt that Australian businessman Craig Wright didn’t stand a chance when he sent several websites cease-and-desist orders earlier this year, claiming that by showing the Bitcoin White Paper on their websites they breached his copyright.Mr Wright has been busily suing everyone around telling them that since he is the actual Satoshi Nakamoto, the […]
The best known cryptocurrency spent the weekend near the $50k mark and is now trading almost $3,000 higher.In the past week, Bitcoin saw whiplash trading after it became clear a capital gains tax for wealthy Americans might be on the table for the Biden administration.Although most altcoins fell along with Bitcoin, it wasn’t all doom […]
Sunday is the time to ponder on the week that passed and prepare for the week that comes. If you’re into crypto, it’s probably also a good time reflect and look at markets. Ask yourself, are we in the bear or bull phase of the market now? And what should you do in each case. […]
