Why Bitcoin Faces Resistance with $100K
If you’re anything like me, you’ve been calling $100k for the last 5 years or more and laughed out of the room; that’s been the default response from the nocoiners and fiat maxis. You’re crazy; $ 100,000 for one coin of magic internet money? Don’t be daft! Sure, it got 69% of the way there […]
What Are BTC Bull Market Pull Backs?
It’s that time of the cycle again, where Bitcoin captures the imagination of the general public; after a long 3-year slumber and crab market, 2024 was the comeback year, and we’re up BIGLY! 163.0% gains, and we’re still going strong, is like a bat signal to every Bitcoin tourist opening up a Coinbase or Binance […]
How To Destroy Your Portfolio By Trading Bitcoin With Leverage
The market looks somewhat frothy these days; the semblance of a banana zone is forming, which usually turns into a come-and-get-the-bag plea to all the Bitcoin tourists. Everyone and their hairdresser is starting to talk about Bitcoin, and it’s deeply concerning for me as a humble pleb who has been around for a few cycles. […]
Why Stablecoins Make P2P Trades Easier
Acquiring Bitcoin through peer-to-peer (P2P) trading was the default method of acquiring the asset if you didn’t have your own mining set up back in the day, but as the market grew, new entrants couldn’t resist the scale, ease and liquidity that comes with centralisation. Today, the most common method of acquiring Bitcoin is to […]
SEC Greenlights BTC Spot ETF Options Trading
In an inevitable development for tradFi Bitcoin enthusiasts and investors, the US Securities and Exchange Commission (SEC) has approved options trading on BlackRock’s Spot Bitcoin ETF, officially known as IBIT. This decision marks a pivotal moment in the ongoing integration of Bitcoin into traditional financial markets and presents a myriad of implications for traders and […]
Mt. Gox Repayment Program Set To Begin
2024 has been the year of liquidation. First, the German government decided to offload the 50,000 coins it seized from Movies 2k. During those 27 days, the market took a 25% dip, hitting a low of $ 54,000, while buyers tried to absorb this influx of coins. After the German government emptied its coffers, the […]
Fair Mints: The Mexican StandoffÂ
Altcoins have often painted themselves with a coat of decentralisation, claiming to democratise finance. It’s a “free market bro”. Anyone can create their own currency and participate in a revolution against traditional financial institutions. A movement that started with Bitcoin has seen a faction split off and devolve into a paragon of Ponzis, playing out […]
The Benefits Of Runes
Let me make this clear: I am an ordinal disrespector. I run Knots on my node, and I am proud of that; yes, Maxi brain doesn’t allow anything other than Bitcoin to fit in this blockhead. Now that you know my bias, let’s get down to the latest Tamagotchi craze hitting the blockchain. Ah, the […]
Bitcoin ETFs Could Offer Yield
As we approach the point of the cycle, where the anticipation of another Bitcoin bull run begins to attract more capital, speculators and media attention, we find that risk is no longer a factor and all that matters is “Number Go Up“. Despite being around for over a decade, this market is still very much the Wild […]
What Is A Leveraged Bitcoin ETF?
The Bitcoin market is maturing. It is now well over $1 trillion in market cap, hovering around the size of the entire silver market. The larger the market, the more attractive it becomes to sophisticated players who want to conduct sizable trades, and Bitcoin is indeed growing in its sense of legitimacy. The interest from […]