Bitcoin giveth and taketh away, like no other asset class before it, but analysts keep searching for Bitcoin’s “twin”, assuming that one might exist from another era that would provide an insight into the future price behavior of the world’s favorite digital asset. This search is not some kind of new age, outside of the…
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Every now and then, a juicy article appears in the press that commands re-writes across the entire news spectrum. In other words, no matter where you go, you cannot avoid reading the same storyline, over and over again. Bloomberg created one of these “honey pots” on Monday, and before you could say, “What the…,” a…
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Allegations of Whale misconduct in the crypto space have been prevalent of late. The issues continue to be suspicions of deliberate price manipulation tactics, and a new report from Whale Alert, an industry watchdog of just such behavior, has confirmed that Whales do and have demonstrated on occasion their ability to influence the market. Frank…
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The Bitcoin rollercoaster ride continues, but at the moment, it is at the starting gate, taking on new riders, i.e., consolidating, if we wish to shift metaphors back to trading parlance. Advocates were preparing back in August to head south for the winter, but a month later, after Bakkt fizzled, their bags were packed and…
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Sometimes numbers really matter, especially if you want to demonstrate how far an industry has come along in a short period of time. Bitcoin has done just that, when you measure the cumulative value of fee revenue streams to the mining industry. Recent news stories about Bitcoin’s halving event in May of 2020 have focused…
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A lot has changed in global commerce in 75 years, but there is one thing that has not – the dependence of global trade on the U.S. Dollar. As World War II was ending, one monumental meeting resulted in the formation of the World Bank, the International Monetary Fund, and the establishment of the U.S.…
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A major event in the Bitcoin timeline is scheduled more than six months out, but the number of articles already speculating the consequences is growing in geometric terms. The word “halving” will soon find its way into our daily lexicon, if it has not already, but Bitcoin enthusiasts are well acquainted with what will happen…
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Happy days are here again in Bitcoin-Land. Champagne corks are popping, and the partying might go on for days. The world’s favorite digital asset has just recorded its third largest daily gain in history, risen $2,000 from the depths of despair, and despite a round of profit taking, it has not backed down one bit.…
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Bitcoin may has astonished critics across the globe with its nearly $2,000 run up in a single day, but there is one analyst that discounts any of its current movements or even the halving event next year. His premise is that a major run up will occur in roughly a year, as a result of…
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After a severe “head fake”, Bitcoin has once again climbed from the depths of lowly depression, confounded every analyst alive and their first cousin, and risen like a rocket, if 39% in one day satisfies that definition. Yes, the “King of Resiliency” sits upon its throne once more. Bitcoin had lost 10% in one day,…
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