While Bitcoin, Ethereum and especially Dogecoin are doing very well this week, it seems like another industry branch of the crypto world is in trouble. This time it is the Bitcoin mining companies that are looking bleak. Since 2020, anyone who did not want to invest directly in crypto could do so by buying a […]
Normally, the crypto market is highly correlated with the tech market. Stocks like Meta (formerly Facebook), Alphabet (the company behind Google), Microsoft and Apple are a good indicator of what Bitcoin, Ethereum and many others will do behind the times. When the Nasdaq goes up, major cryptocurrencies usually go up one percent. Also in a […]
The simple sight of Elon Musk, CEO of Tesla and SpaceX, onsite at Twitter this week, was enough for the value of Dogecoin to increase by more than 13% in a day. Dogecoin adoption is expected to get a big boost after the takeover deal closes on Friday. Already we wonder what this will mean […]
There was a time when the term WhatsApp Crash wouldn’t really have much of an impact, but since 90% of the Western world uses social media and messaging is a big part of it, Tuesday’s crash (which lasted just two hours) was worldwide news. Users spoke of the experienced panic during those two hours in […]
The crypto market moved sharply higher last night, following US stock markets after renewed investor positivity. In the past 24 hours, Bitcoin went up almost 7%, Ethereum increased by 14% higher and Cardano climbed 13%. Changpeng Zhao, commonly referred to as “CZ”, is not a man you want to steal from. The Binance CEO appeared […]
A recent analysis by Bank of America concluded that Bitcoin’s recent low volatility spell means it is becoming a ‘safe haven’ again, after a few years (2020-2021) where it traded as a high risk asset. Bitcoin has been trading in a very narrow $19,000 to $22,000 band for most of the past two months.Investors are […]
The crypto market seems to have fallen asleep in recent weeks. Ethereum and Bitcoin move within a very narrow range and barely move higher or lower. Earlier this week it became clear that Bitcoin is currently less volatile than most stock markets (which some analysts see as a very positive signal as they interpret this […]
Although the crypto world is still officially in a bear market, there seems to be a movement within the banking world to introduce Bitcoin, Ethereum and many others to customers directly. European digital bank N26 announced earlier this week that it is starting a crypto investment account. The originally German bank, which is active in 22 countries, […]
The goal of the Ethereum merge was not only to switch to a ‘greener’ way of mining (the switch from proof of work to proof of stake), but also to ensure that less Ethereum would be in circulation Hopefully, the price would drive up. Data for October shows that Ethereum is finally seeing its number […]
Tesla may have sold some of its Bitcoins earlier this year, but it apparently still believes the remaining $218 million dollars it currently has in crypto will appreciate in value int eh future. One of the most prestigious technology companies has thus become a HODLer.https://twitter.com/CoinMarketCap/status/1582952248052633601Covid lockdownThe value of Tesla’s Bitcoins has remained almost the same. […]
