With so many being convinced that in the end, fiat money will crash and Bitcoin will conquer all, there are a growing number of those who claim that crypto is the first true religion of the 21st century. A Bloomberg columnist made the statement a first time and if you truly think about it, you could […]
About a month ago, we reported how the MSM had started lambasting the crypto.com ad in which Hollywood star Matt Damon ends with the widely mocked tagline ‘fortune favors the brave’. Given the known any publicity is good publicity, crypto.com (and Matt Damon) took the criticism in their stride and have since moved on. Funnily enough, eternal Matt Damon […]
Traders and whales seemed convinced that the Bitcoin bottom was in with the $32k seen two weeks ago and pushed Bitcoin and several altcoins seriously higher as we entered the weekend. By the time of writing, Bitcoin is trading at $41.6k and Ether at $3k, both coins up nearly 10% in the past 24 hours. […]
Among a Meta (formerly Facebook) crash of 26%, peak oil prices at $90 a barrel (first time since 2014) and rising interest rates in the US, the UK and Europe, you would expect market mayhem in crypto.Strangely enough, Bitcoin is up today by some 2% at the time of writing.Andreessen shifts to NFTBored Ape Yacht […]
Bitcoin and most other major cryptocurrencies fell on Thursday after Facebook (now Meta) disclosed weak Q4 earning and ditto guidance for the next quarter. Over at Ether, a hack in the Wormhole project saw a malicious player make off with some $326 million in stolen crypto.Metaverse not readyWall Street was not impressed with Facebook (now […]
If it looks like a duck, it sounds like a duck and walks like a duck, it’s probably a duck. Well that seems to be the case for most things in life, but not for crypto. Despite severe warnings of a crypto crash and UBS foreseeing a crypto winter, Wall Street investors continue to pile […]
Michael van de Poppe, the influential Dutch analyst who’s becoming a household name in the cryptosphere, claims that flipping $40k now becomes important.In an update of his daily technical analysis to his followers, Michael stated a few hours ago:I wouldn’t focus too much on the trendline for Bitcoin. I would focus on whether we can […]
Already at the end of 2021, average crypto trading volume across the three major platforms in Turkey had leapt to some $1.8 billion per day. As 2022 kicked off and inflation is peaking, cryptocurrencies continue to gain ground in Turkey in a less than rosy context for the lira, the national Turkish currency.However, the adoption […]
Bitcoin failed to break through the dreaded $40k barrier on Monday as volume slowed down because of Chinese New Year. Meanwhile Wall Street investors dropped Spotify over its Joe Rogan stance but piled into the Bitcoin dip apparently. One crypto-related company possibly up for grabs is Robinhood which announced to the market that it would […]
Ether founder Vitalik Buterin angered the Shibarmy last week when he announced that he would donate $100 million SHIB that was sent back to him by Cryptorelief to another Covid relief fund. Last year in May, Vitalik Buterin had donated 50 trillion SHIB tokens to India’s Covid Relief Fund. The founders of the memecrypto had […]
