Everyone will continually tell you to buy in order to boost the value of their holdings. That’s it. They will reassure you it’s “just a dip”, another great buying opportunity. That this is “just the beginning”. Maybe it is just a dip, maybe it’s going to defy gravity forever, maybe Read more…
After months of FUD and even that one guy who sold all his holding because he thought he was going to jail, India is finally taking a stance of not banning cryptocurrencies and will instead regulate it! Nischall Shetty, Co-founder of WazirX, tweeted today about the details of how India Read more…
I firmly believe this. I’ll repeat it: you haven’t earned anything and you haven’t lost anything until you sell. Is your portfolio up by 100%? 200%? 300%? Great, but you see, you haven’t earned anything at all, because you haven’t sold anything. Or is your portfolio down by x%? Well, Read more…
Yep, I get it. Boomers aren’t cool. We are old, seemingly grumpy, not risk takers, and old school. But please, give me a minute to make you think. We were once college students or just young folks struggling to make it just like you. Here are some thoughts: Keep your Read more…
Here are some charts worth keeping an eye on as we navigate yet another exciting bull market cycle. This week’s updates include: BTC’s 200-Week Moving Average has fallen to a 3-month low of 3.54x, well below the historical 10x – 15x multiple we’ve seen in prior bull market cycles. BTC Read more…
TLDR: Under PoW, as the price of ETH and the hashrate are positively correlated. Therefore, as as the price increases, in equilibrium so too does the power consumed by the network. Under Proof-of-Stake, when the price of ETH increases, the security of the network does too (the value of the Read more…
The pound sterling touched on a one-week trough against the euro and was flat versus the greenback after the latest inflation data was summarily dismissed by Forex traders.
Cryptocurrencies Continue to Sell Off; Global Stock Indices Mostly Lower; Gold, Euro Hit New Highs.
Cryptocurrency prices have retreated sharply after most of them climbed to their all-time high in April.
According to the United Kingdom’s Office for National Statistics, the unemployment rate stood at 4.8% in March, against the previous reading of 4.9% and expectations of 4.9%.