Bitcoin holders throughout the world will begin to ignore Elon Musk’s incessant tweets, and the Tesla chief’s influence will have no bearing on the market. That’s the view of an industry leader who is one of a growing army of people involved in cryptocurrency becoming tired of the South African’s constant up-and-down relationship with Bitcoin.Continue reading “We are all growing tired and annoyed of Musk’s tweets…”
A halo of myths has formed around bitcoin mining and its energy usage, forcing even the most experienced crypto enthusiasts to doubt its efficiency and environmental footprint. Bitcoin is currently being bombarded by numerous attacks and criticisms from eco-activists and Wall Street executives alike. According to these myths, bitcoin mining causes serious harm to theContinue reading “Is Bitcoin really bad for the Environment?”
Psychologically speaking, we haven’t see Bitcoin or Ethereum return to their previous trading range (+60k for BTC and +4K USD for ETH), and it could still be several weeks until they return to those prices. Buying the dip means buying and HOLDING (hodl) the coins you bought at those lower prices, expecting the prices to reboundContinue reading “Buy the Dip”
A recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article from Reuters published three days ago, which also reiterates China’s older warnings against the crypto industry. Chinese Government Report Mentions Bitcoin Mining,Continue reading “‘Reiterated FUD’ – Chinese Government to Continue Monitoring Bitcoin Mining Sector”
While bitcoin has been one of the world’s best performing assets over the past 10 years, the cryptocurrency has had its fair share of volatility and price corrections. Using data from CoinMarketCap, this graphic looks at bitcoin’s historical price corrections from all-time highs. With bitcoin already down ~15% from its all-time high, Elon Musk’s tweet announcing Tesla wouldContinue reading “Bitcoin’s Latest Crash: Not the First, Not the Last”
In a Twitter thread today, billionaire investor Mark Cuban weighed in on the current state and the future of blockchain technology and investment, ultimately concluding that while there are real obstacles to adoption asset prices are increasingly reflective of real “utility” and “demand,” and that the day will eventually come when crypto is “mature toContinue reading “Mark Cuban: Crypto prices increasingly reflect “real demand””
Tools and tricks to keep a cool head and make the right choices in volatile cryptocurrency markets. Cryptocurrency markets are relatively volatile when compared to other financial markets. The sudden rise and fall of cryptocurrency prices accompanied by a greater percentage of change is common in the market. This tends to be a risky investmentContinue reading “Stay Disciplined in Volatile Crypto Markets”
Kia ora Kiwi’s, Binance have just added NZD for trading on Binance P2P. Now you can buy and sell crypto with our New Zealand Dollar, and it is totally FREE! At the same time, you can create your Advertisement (zero fee as well) to attract buyers and sellers to boost your income. Binance P2P is the world’sContinue reading “NZD is now available on Binance P2P!”
The late-night comedy show has become a potentially market-moving event for the joke cryptocurrency on a wild ride. They’ll be setting up taco bars, monitoring price movements on dedicated screens and taking a drink every time someone says “doge.” Dogecoin traders around the world are organizing watch parties for Elon Musk’s appearance this weekend on “Saturday Night Live,” withContinue reading “Elon Musk on Saturday Night Live Spurs Dogecoin Watch Parties”
One of the largest megabanks of the United States, JPMorgan Chase, is embracing cryptocurrency as an asset class. Sources revealed that the bank is rolling out plans to offer a JPMorgan Bitcoin fund to its clientele. Sources familiar with the subject stated that the JPMorgan Bitcoin fund could roll out as soon as this summer.Continue reading “J P Morgan Chase Embrace Crypto”
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