VeChain, the small altcoin focused on supply chains and product authentication, has been on a tear in 2021. When we discussed it back in December, there was a clear warning by two renowned technical analysts that the coin could soon surge. It has since touched all-time-high upon new all-time-high, whilst seeing it’s discussion forum on […]
Cream Finance, the DeFi protocol backed by developer Andre Cronje’s team, has been exploited together with the Alpha Finance protocol. Both were robbed of (allegedly) some 37 million dollars. The fact that the cryptosphere market is currently getting near to overheating was obvious when the Cream Finance coin immediately dropped 30% as the news become […]
Although Treasury Secretary Janet Yellen is clearly still opposing Bitcoin and the cryptosphere as a whole, various US politicians from all across the spectrum are embracing Satoshi Nakamoto’s invention. After Elon Musk announced earlier this week that he was investing some of Tesla’s sleeping cash directly into Bitcoin, politicians were quick to spot an opportunity […]
Last year, during the summer of DeFi, then still newly developed project Yearn Finance made headlines when it surged past the price of Bitcoin when both were trading around $13k. Although there are considerably less YFI coins (only some 37k) than there are Bitcoins, it was an important psychological threshold to cross.Yearn Finance inventor Andre […]
Back in January, when Bitcoin was still trading in the $20k range (which seems like forever ago now), we ran a story on TikTok Astrologer Maren Altman who had gotten into predicting the price of Bitcoin and Ethereum, and who was racking up a new storm of followers in the cryptosphere. As Bitcoin rose to […]
There were a few positive headlines for crypto yesterday. Both the Bank of New York Mellon (America’s oldest bank) and Mastercard made entrances into the cryptosphere, headlines covered more than well enough by crypto media. Unless Apple or any other tech giant makes a break for it and puts part of its sleeping cash book […]
Earlier this week, in the euphoria which reigned on crypto markets after Elon Musk had decided to invest $1.5 billion of Tesla’s cash (that lay sleeping) into Bitcoin, I was presented with an altered version of the infamous Wall Street Cheat Sheet in my twitter feed. The graph shows an overlay of every stock market […]
Charles Hoskinson, the founder of Cardano used to work alongside Vitalik Buterin, the founder and CEO of Ethereum. Vitalik is Canadian-Russian, whilst Charles is as American as can be. The two men used to work together at Ether but then fell out as they saw the future of Ethereum differently.Hoskinson left, founded IOHK (Input Output […]
It was of course to be expected that when Elon Musk singlehandedly kills off some 500 million in shorts simply by investing in Bitcoin with a part of Tesla’s cash basis, that classic finance would react. Their media friends (the Financial Times, the Wall Street Journal, CNBC) are already at it. And their political cronies […]
This week marks Chinese New Year. The Year of the Ox, which according to a famous legend, is the second animal on the Chinese zodiac because of a trick that the Rat played on the Ox. The legendary Jade Emperor had stated to his court scribes that the ranking of zodiac animals was to be […]
