Volatility is down today, stocks are up, and bitcoin is flat. I know, I know, I’m supposed to build up to that and keep the suspense, but if that’s really the reason you’re reading, you could always just check the price feeds. Today’s source of entertainment comes from Germany, where… […]
Author: Mati Greenspan
Bitcoin Starts the Week Firm With Only 7 Days Until ‘Halving’
With every new day of Corona madness comes something new that completely changes the way we view the world, and the markets. Today’s shock and awe news comes directly from the legendary investor, the Oracle of Omaha, none other than Warren Buffett himself, who told us… Surely, Warren is aware […]
Stocks Get Hit By Poor Earnings, Bitcoin Remains Firm
An old English trader’s saying, it refers to the practice of leaving London during the summer to ride out the hot months in the countryside. Then, it involves coming back for a giant horse race that was apparently held in mid-September. The invention of the air conditioner in 1902 means […]
Markets Respond to Economic Reality, Bitcoin Fails to Hit $10,000
Every time bitcoin takes a leg up, I can’t help but feel a bit disappointed. Sure, it’s one of my biggest conviction calls and I should probably be happy, but I can’t shake the thought that next time I want to buy some, it’s gonna be that much more expensive. […]
Bitcoin Remains Firm Above $7,700 While Oil Continues to Struggle
Do aliens really exist? Have they visited our planet? I actually don’t know, but yesterday, the U.S. Navy released three videos taken by their pilots depicting flying objects that have yet to be identified. That’s right, they are UFOs. The videos had been circulating for a few years already, but […]
Bitcoin Hits New Multi-Week High, While Oil Continuous to Tank
No Limits Oil is tanking again, but that’s nothing new. The market seems to be taking it in stride, and even though crude is now sub $13 on the front contract, the Dow is managing to hold a gain of nearly 1.5%. Sure, we can claim optimism over the announcement […]
Bitcoin Remains Firm as We Move Closer to Halving Event
This question was covered in a hit song by the great economist singer Merle Hazard back in 2009. The song ” Inflation or Deflation? ” joins other classic hits like How Long Will Interest Rates Stay Low, The Greek Debt Song, and my personal favorite, Dual Mandate. As the song […]
Bitcoin “Breaks Out” to Surpass $7,450 Resistance
We’d like to wish all our Muslim readers a very blessed Ramadan. Not sure how many of you there are, but I didn’t want you to feel left out. Ramadan is a monthlong holiday of spiritual reflection and self improvement. There’s a significant emphasis on the poor and disparaged, and […]
Bitcoin Rallies by 3% As “Bitcoin Halving” Approaches
What better way to celebrate Earth Day than with clean skies, carbon emission levels at multi-decade lows, and crude oil at $1 a barrel. COVID-19 has had many unexpected repercussions. The most serendipitous by far is the positive impact on the environment. We can only hope that as we return […]
Bitcoin Remains Stable as IMF Predicts a V-Shaped Recovery
Of the many analysts who are making economic projections as if they can tell what’s going to happen in the future, we couldn’t possibly discount those at the International Monetary Fund. The people of the IMF are quite experienced when it comes to forecasting growth figures, and we quite often […]