Risk-averse Japanese yen and US dollar climbed higher on Tuesday as other risk-sensitive currencies as the New Zealand dollar fell alongside the euro, amid growing concerns over a potential Russian invasion of Ukraine and a hastened policy tightening by the Federal Reserve. The Australian dollar climbed briefly following a strong consumer price data release, which […]
The government of Estonia has reportedly moved to approve draft legislation curated “to more effectively regulate virtual asset service providers (VASPs).” According to an explanation by the Finance Ministry of Estonia on Sunday, the primary goal of this legislation is to dampen the risk of financial crime perpetrated through crypto entities registered and operational in […]
According to a recent report from prominent on-chain analyst Willy Woo, creator of the Woo Bull on-chain analytics chart platform, publicly-traded organizations (corporations)grew their collective crypto holding by 123.75% in 2021, bringing their crypto holdings from roughly 96,000 BTC from the start of the year to over 216,000 BTC by years end. This massive jump […]
The global stock markets recorded an upbeat sentiment on Thursday following data released from the US indicating that the recent increase in Omicron infections had not triggered a surge in layoffs, which analysts assert is a positive indicator for the economy. Additionally, the latest development led to a decent increase in oil prices and the […]
According to a report on Tuesday, the government of India has proposed the outright ban of cryptocurrency use as a payments solution and set a deadline for local investors to declare their holdings or face severe penalties, including jail time without warrant or bail. Additionally, the new cryptocurrency bill could mandate a uniform know-your-customer (KYC) […]
Vice-Chairman of Berkshire Hathaway Charlie Munger recently made some remarks on the ban of cryptocurrency in China, noting that the Asian nation “did the right thing.” Munger—often called Warren Buffett’s right-hand man—aired his opinions about cryptocurrency at the Sohn Hearts and Minds, Australia’s premier investor event last Friday. The veteran investor previously called Bitcoin “rat […]
“One of the secrets few know and fewer implement when it comes to trading success is that you have to really care about doing well. These days, I see a lot of traders not caring enough, not prioritizing learning about trading, and making pathetic weak-willed excuses.” – Chris T. Perfectionism – a bane of the […]
WHAT YOU NEED TO KNOW ABOUT MASTER TRADERS – PART 1 “One of the secrets few know and fewer implement when it comes to trading success is that you have to really care about doing well. These days, I see a lot of traders not caring enough, not prioritizing learning about trading, and making pathetic […]
Giant payment solution company Square Inc. recently reiterated its loyalty to Bitcoin in its newly-released Q3 earnings report last Friday. The payments company revealed that Cash App, its payment platform, generated $1.8 billion in BTC revenue in Q3, 2021. That said, the company’s valuation has rallied to a robust $110 billion. During the earnings call, […]
