Inflation is increasing: 7,5 % overall in the EU – Can crypto save us?
April 1, 2022
Inflation is a topic that has been picked up by Bitcoiners and the broader crypto community almost 2 years ago when the Corona crisis started. Now it’s here and its effects are devastating not only to the economy but more importantly to the average Joe who is working a full-time job and all of a sudden, his purchasing power is going down the drain. Cryptocurrencies and particularly Bitcoin have been discussed as an inflation hedge. Is there a way out for Jane and Joe? And will Bitcoin save all the hodlers?
Is Bitcoin green enough and is this even a legitimate question?
March 31, 2022
Chris Larsen and Greenpeace have teamed up to start a campaign under the title “change the code, not the climate”. Mining consumes a lot of energy. All that it takes is basically hardware and electricity to participating. Many critics have raised concerns in the past that this is not sustainable since consumption will rise over time. Still, Bitcoin is the number one cryptocurrency not only by market cap but also by the size of the community that puts its trust in BTC. Do we need to make Bitcoin green? And how could such a task be accomplished?
Bitcoin flies through resistance: what can we expect?
March 30, 2022
On March 27, Bitcoin's price jumped from below $45,000 to over $47,000. This marked the breach of an important resistance that had been holding the price down since early January 2022. Can we hope for new record prices or is there still too much headwind?
Highly unlikely: Will Russia adopt Bitcoin to undermine sanctions?
March 25, 2022
With the war still raging in Ukraine, the international community has placed heavy sanctions on Russia and the gap between the west and Moscow is growing each day the violence is continued. It was last night when news spread all over the media that Russia might opt for Bitcoin to be able to sell oil and gas, which is both vital to the country’s economy. What to make of this news and could this potentially be a game-changer for Bitcoin and the market?
Major updates about Bitcoin adoption
March 25, 2022
As the price of Bitcoin slowly but surely moves up, good news continues to pour in. Some less positive news has also been dripping in the last couple of days. But at least there is talk of crypto all around the world! We list some updates about adoption, starting with the good news from Terra.
FOMC Meeting without any surprises – What does that mean for the crypto market?
March 17, 2022
Yesterday Fed chairmen Jerome Powell held a press conference in which he announced a rate hike of 25 bps. The stock, as well as the crypto market, reacted positively even before the news broke in the evening in Europe. The wait is over and we finally know what to expect in the month to come. Why is the Fed decision important for the crypto market? And how will future rate hikes be going to affect it?
A new crack in the trust in the dollar
March 10, 2022
The developments set in motion by the war in Ukraine are causing a landslide in the global financial system. The fact that the Russian Central Bank can no longer monetize its dollars on the international market is a sanction that could have enormous global consequences. The effect is the loss of confidence in the validity of the dollar as a currency for saving.
How the Russia-Ukraine crisis affects the cryptocurrency market
February 22, 2022
With the escalating conflict between Russia and Ukraine, the price of Bitcoin dropped by over €6000 in just one week. Other cryptocurrencies like Ethereum also saw large declines, especially on Tuesday after the Russian president, Vladimir Putin, recognized two pro-Russian regions in Ukraine as independent and announced a, in his words, peace mission. The European Union, United States and the United Kingdom said they will impose sanctions soon.