World’s biggest crypto influencers revealed, with a surprise at number one June 3, 2021 The list of the world’s most influential people in cryptocurrency has been revealed – with a surprise in the top slot, thanks to the medium of TikTok.
Miami Nice: Bitcoin price nears $40k as conference kicks off June 3, 2021 The cryptocurrency market continues to recover today, with Bitcoin (BTC) up more than four per cent over the past 24 hours.
Tesla to spend north of $1bn for Australian electric car battery materials annually June 2, 2021 Raw battery materials from Australia alone are expected to cost Tesla north of $1bn every year, the chair of the US carmaker has said today. Australia, which is rich in natural resource, is a business go-to for its bustling mining industry and responsible production practices. Tesla is keen for minerals like lithium and nickel, which [...]
Relative calm in crypto markets disturbed as Coinbase lets the Doge out June 2, 2021 Bitcoin continues to trade within a very narrow channel between $33k and $38k, currently changing hands at just above $37,000.
Shark bait: Elon Musk tweet sends Baby Shark shares soaring June 2, 2021 Shares in a major investor in the company behind Baby Shark soared today after Elon Musk took to Twitter to say the viral kids’ song “crushes all”. Samsung Publishing saw its shares climb as much as 10 per cent following the tweet to their highest level in more than a month. The South Korean company [...]
Billionaires eye Bitcoin as crypto-related services expand June 1, 2021 CryptoCompare's Francisco Memoria gives us a rundown on what's happened in the cryptocurrency world over the last week.
Artificial Intelligence, Social Media, and the Future of Investing June 1, 2021 Witnessing the recent GameStop event, it was clear that for better or worse, the little guy, or many, many little guys, had briefly beaten Wall Street at its own game. While GameStop was fuelled primarily by the collective action of many, the voice of only one person, echoed by others, can have similar influence. For [...]
The crypto market suffers another correction as the weekend looms, so will Elon tweet again? May 28, 2021 Crypto at a Glance Greetings from Dubai and today, once again, Luno Advisor Mati Greenspan, has kindly provided the market commentary together with his Technical Analyst, Imran Yusof, from Quantum Economics BTCUSD will trade the range between $27,900 – $42,000 until the range breaks, whenever that is. Or rather, whenever Elon Musk tweets or China [...]
Bitcoin needs to win the environmental argument – or else May 28, 2021 One of bitcoin’s original goals as a decentralised currency, was that it obviated the need for central banking. One of its achievements is that it has obviated the need for roller coasters as well. Bitcoin began the year at $29,000. Now, five months into 2021, holders are looking at gains of around 40%. So far [...]
Bitcoin buoyancy is driven by popular mass delusion but the madness will keep making money May 28, 2021 In 1841, the journalist Charles Mackay published Extraordinary Popular Delusions and the Madness of Crowds, his masterpiece. In it, he chronicled the economic bubbles and mass delusions that have plagued mankind across the ages. “Men… go mad in herds,” he warned, “while they only recover their senses slowly, and one by one.” The cryptocurrency Bitcoin [...]