Category: Crypto

Economics by GeoPolitic.orgMay 14, 202112:17 pm

Portugal Real Estate, Banksy and Basquiat art for Bitcoin, Dogecoin & Ethereum

You can buy condos with DOGE in Portugal as crypto real estate listings soar. Via https://theduran.com/portugal-real-estate-banksy-and-basquiat-art-for-bitcoin-dogecoin-ethereum/

Economics by GeoPolitic.orgMay 13, 202110:30 pm

Market Wrap: Bitcoin Falls for Second Straight Day After Tesla Action; Ether Follows

It’s Elon Musk’s crypto world. A bearish tweet from the entrepreneur on bitcoin and Tesla reneging on using it as a payment method sent crypto markets dropping. Bitcoin (BTC) trading around $48,769 as of 21:00 UTC […]

Economics by GeoPolitic.orgMay 13, 202111:31 am

Crypto Markets Plunge After Tesla Tweet; What Happens Next?

All eyes are on markets and earnings reports as bitcoin and ether investors wake up to an unpleasant surprise: a price drop following Elon Musk’s Tweet announcing a suspension in bitcoin payments due to environmental […]

Economics by GeoPolitic.orgMay 13, 202111:29 am

MicroStrategy Keeps Buying Bitcoin, Adds Another $15M

MicroStrategy disclosed a $15 million bitcoin (BTC, -10.28%) purchase Thursday, buying 271 coins at a $55,387 average even as the crypto market raced lower. The publicly trade business intelligence company has now spent $2.24 billion on bitcoin. It […]

Economics by GeoPolitic.orgMay 13, 202112:01 am

Bitcoin Plunges as Tesla Halts BTC Payments Over Environmental Concerns

An already down day for bitcoin (BTC, -11.86%) turned into a rout Wednesday evening with the leading cryptocurrency dropping to its lowest point in almost three weeks after Tesla CEO Elon Musk said the electric-car company would be […]

Economics by GeoPolitic.orgMay 12, 202111:25 pm

“I’m Not At All Excited”: China’s Digital Yuan Is Turning Into A Giant Flop

It was supposed to be the biggest threat to the reserve status of the dollar (China’s denial that it has no desire to replace the USD with the digital yuan only confirms it) since the failed experiment […]

Economics by GeoPolitic.orgMay 12, 202111:13 pm

Ethereum Reaches Record High $500 Billion Market Cap, Now Bigger Than JPMorgan

Dip-buyers have charged in after Monday’s flash-crash in cryptos, sending Ethereum to a new record high near $4400… Source: Bloomberg That has pushed Ethereum’s market cap above $500 billion, now larger than JPMorgan… Source: 8marketcap.com, […]

Economics by GeoPolitic.orgMay 12, 20214:18 pm

Crypto to Replace Dollar as World’s Reserve Currency? Investing Legend Stanley Druckenmiller Thinks So

The argument that the dollar is losing prestige worldwide got a major boost from a legendary investor. Last year, hedge fund gurus like Paul Tudor Jones set off the wave of institutional bitcoin buying by […]

Economics by GeoPolitic.orgMay 12, 202112:25 pm

Largest Latin American eCommerce platform adds $7.8M Bitcoin to its treasury

Mercado Libre, the largest e-commerce platform in Latin America, has announced to the U.S. Securities and Exchange Commission (SEC) that it acquired $7.8 million in Bitcoin in the first quarter of 2021. It stated in the report: “AS […]

Economics by GeoPolitic.orgMay 11, 202111:07 pm

Ether’s Run Takes 2021 to the Known Edges of Altcoin Season

Cryptocurrency markets tend to vacillate between bitcoin-led regimes and altcoin-led regimes. In this view of the category, bitcoin is the original currency and everything else, including ethereum, is an alternative, based on the same principles but with […]