Bitcoin continued its upward trajectory over the weekend and briefly touched $40,000 again on Saturday afternoon, however profit takers closed their positions due to the current geopolitical market risk. At the time of writing on Sunday, Bitcoin pulled back to $39,300, having moved only 2% over the past week.The crypto fear and greed index remained quite low, […]
Bitcoin neared the $40k level again and has clearly shot back up after dropping to $35k earlier this week when Russia invaded Ukraine. Just like US and European stock markets there is some short term momentum to the upside (the Nasdaq is up 4% since it low on Thursday), but it is at this point […]
Just like US stock markets, which opened much lower on the new of the Russian invasion into Ukraine but then ended the day higher, crypto markets saw high volatility return.Whereas yesterday we witnessed falls of around 10 to even 20% for several crypto coins and smaller altcoins, by now that picture has reversed and Bitcoin […]
Bitcoin dropped to $35k as Russian forces entered Ukraine. Gold rose to it’s highest level in a year and oil trades above $100. Most altcoins lost close to 10% as we entered an apparent correction.The geopolitical situation in Ukraine has come with a nasty surprise for Bitcoin apparently. Although the correlation between tech stocks and […]
Tesla CEO Elon Musk remains the self-acclaimed king of memes. Last night he did it again, sending out pictures of Web1, Web2 and Web3. The first pic showed himself next to Peter Thiel in their PayPal days, the second Mark Zuckerberg of Facebook as portrayed in the move The Social Network and the third Vitalik […]
US stock markets dropped Tuesday evening in a session which saw the broadest index, the S&P 500, enter correction territory. With that, the US stock markets hit their lowest level in more than four months. https://twitter.com/RyanDetrick/status/1496305591828062210 As Wednesday morning came around, crypto markets rebounded from their sessions lows of yesterday with Bitcoin trading upwards some […]
Facebook might still regret changing its name to Meta given the fact that it’s stock quote suffered severely since. However, it did bring global attention to the Metaverse and to a lot of crypto projects that had already entered these virtual worlds. Coins like the Sandbox and Decentraland are seeing attention from global companies soar, […]
Russian President Putin sent ‘peacekeeping’ soldiers into the rebel-held eastern regions of Ukraine this morning, sinking Asian stocks, sending the price of oil closer to $100 and drowning Bitcoin, Ether and other crypto coins to levels unseen for the past month or so. At the time of writing, Bitcoin is trading for $37.4k, Ethereum sank […]
Back in the summer of 2020, everyone in the cryptosphere thought that the one item to remain from the epic Bitcoin bullrun would be DeFi (decentralized finance), but in the end it proved too technical for the mass public.By the time 2022 rolls around, we know that the one thing the public would take away […]
Cryptocoins slided further down on Sunday after British Prime Minister Boris Johnson hinted that Russian firms would be stopped from “trading in pounds and dollars,” which would lead to catastrophic falls on international stock markets for these companies.As such, and given the growing threat of a Russian invasion, the Bitcoin fear and greed index slipped slowly towards […]
