The Finnish Ghost is Glowing – Aave up 15% in 24hrs to hit all time high! February 5, 2021 Crypto at a Glance It looks like the DeFi circus is back in town and the acrobats are doing backflips and turning heads left, right and centre. AAVE is up more than 15% over the last 24 hours and yesterday set a new all-time high $506. The protocol is now the second-ranked DeFi platform by [...]
Bumper bullish bonzana: Lummis goes long, PayPal goes parabolic, Musk goes mad, and alliteration goes too far February 4, 2021 Crypto at a Glance It’s all systems go at the moment. Ethereum is in uncharted territory and has entered price discovery mode, Bitcoin has decisively broken out of the $30-35k range and is charging back towards $40k, and Elon Musk is tweeting about Doge again so expect that to have another wild weekend. It’s now [...]
With Ether smashing through $1,500, MicroStrategy’s online ‘Bitcoin for Corporations’ event might send BTC stratospheric February 3, 2021 Crypto at a Glance There have been so many all-time highs set recently that it’s getting hard to keep up, but seeing Ethereum at over $1,500 will be particularly satisfying for many in the space. Is it now set to follow Bitcoin’s December trajectory and take off into the stratosphere? It’s good news everywhere today, [...]
Bada bing, ADA Boom! February 2, 2021 Crypto at a Glance It’s always nice to wake up to a sea of green, and with a couple of notable exceptions it’s been a strong 24 hours across the board. Bitcoin is holding strong over $34,000, although it’s still yet to convincingly break out of that range between $30,000 and $35,000. It looks to [...]
Elon Musk in the Clubhouse, not the Dogehouse! February 1, 2021 Crypto at a Glance If you caught last week’s episode of ‘The Markets do the Funniest Things’, you’ll undoubtedly have been on the edge of your seat waiting to see how it all turns out this week. But let’s start with a quick recap. Friday’s cliffhanger saw GameStop back up and running on Robinhood and [...]
WallStreetBets drama reaches crescendo – Bitcoin fixes this. Elon seems to agree! January 29, 2021 Crypto at a Glance It’s been a wild week in the markets, but just when you think it can’t get any wilder, in swaggers Elon Musk and a $6k pump in little over an hour. The US isn’t even awake yet – are we just getting started today? How did we get here? The big [...]
It’s retail traders, Jim, but not as you know it! January 28, 2021 Crypto at a Glance If Bitcoin is f*ck you money, does that make GameStop a f*ck you stock? All eyes this week have been on Reddit traders, who have arrived at the blackjack tables fully armed with their sacks of pennies and battered old card counting books, ready to bankrupt the casino through sheer numbers [...]
Fear, Anxiety, Doubt – FUD January 27, 2021 Crypto at a Glance Beware FUD! Last week’s barrage of mistruth reportedly claimed a major victim in software company NexTech AR Solutions, which sold off all 130 of its Bitcoins (worth roughly $4 million), citing reports of a possible “double spend” on the blockchain. The supposed double spend has now been shown to be nothing [...]
Institutional money buys the dip January 26, 2021 Crypto at a Glance It was another volatile day in the neighbourhood yesterday, though we don’t seem to have moved all that much. It kicked off with Bitcoin chilling at just over $32,000, before a rally to almost $35,000 set pulses racing. It looked set to continue its charge, but swiftly fell back to finish [...]
What dip? New all-time highs for Ether, Link, Aave and UNI January 25, 2021 Crypto at a Glance On Friday, we asked whether a flash crash was just a dip or the start of a more prolonged correction. It was a question that swiftly received an answer, with the dulcet pings of new all-time highs sounding across the land over the weekend. After months of trying, Ethereum finally set [...]
