Trading volume on Upbit is down sharply as the new Virtual Asset Law came into effect on 19th July 2024. Here is the chart: source Just prior to when the new regulations came into effect, trading volume

President Bukele of El Salvador is a bit of a hero to the Bitcoin community for making bitcoin legal tender, passing bitcoin friendly laws and putting some of El Salvador's government reserves into bitcoin.

... but can the market absorb them? Ever since Bitcoin recovered it's price at the start of the year, a shedload of new shitcoins have launched, hoping to replicate the altcoin bonanza of 2021. Here is

South Korea introduced new strict regulations for their exchanges: South Korea’s government plans to release a set of rules for how companies that trade virtual assets should operate. This will happen

Back in 2013, the event that pushed Bitcoin into the mainstream was the Cyprus debt crisis. A "bail-in" was imposed where people's savings were seized to recapitalise the banks. Capital controls

Here's the chart: source Lots of crypto people are impatient and puzzled about why bitcoin won't move past the highs it made in 2021. After all we've had the halvening. In big part, this is down to Wall

Waiting for bitcoin to move is like watching paint dry. The halvening was some months ago, but the market appears stuck. Here's the chart: source The latest excuse for the price falling back slightly is

Lots of chatter about Ethereum ETFs getting approval from regulators. As always prices rise on the rumours. Here's the chart: source The most interesting thing about this chart is that while Bitcoin has

Here is a screenshot of the start of the conversation on bitcointalk that led to the first commercial transaction involving bitcoin: source Someone in Britain took him up on the offer - they simply phoned

Here is a graph comparing the bitcoin price to the number of views the Youtube crypto channels get: source At the height of the crypto mania in 2021, the Youtube crypto channels hit 4 million viewers a

Here is the graph of the price action over the last week: source As you can see, Steem has gone from $0.26 to $0.30 now, a 15% rise (though it did reach $0.33). Hive was at $0.34 and is $0.32 (a 6% drop).

There are some arguments to be made that the launch of the Hong Kong Bitcoin ETF is to blame. Here are some charts: source Everything these days is governed by algorthmic trading. These programs are based

There are a number of crypto payment processors, like Coingate and Bitpay, that allow people to pay for goods and services using crypto in online retailers who have crypto payments enabled. Coingate Coingate

On the heels of gold's surge above $2,300 an ounce, silver has started moving up. Here's the chart: source I suppose this is people thinking they've missed the gold surge and are putting money into silver

I think the answer is the bond markets. US bond yields are rising which means bond prices are falling. In other words, investors are dumping bonds. But why? Because US inflation ticked up last month, and

I'm reading a fascinating long form account of El Salvadore's President Bukele. It mainly deals with his efforts to curb gang-related crime, but has this to say about his venture into Bitcoin: Even Bukele

The UK 2023 Financial Services Act instructed the Financial Conduct Authority (FCA) to come up with a framework that allowed investors to buy crypto in a safe way. The FCA has been negotiating with the

This is what they wrote in response to the SEC in the United States giving approval to Bitcoin ETFs: On 10 January, the US Securities and Exchange Commission (SEC) approved spot exchange-traded funds (ETFs)

... before profit taking brought it down to around $61,000. Here is the one-day chart: source The move from $56,950 to $63,734 in a single day is a 12% move. HUGE in a single day. Especially as there was

Bitcoin has now passed $54,000, and is on it's way to reaching $69,000 (the previous all-time high) at the very least. Ethereum is above $3,100. So of course there has been a rash of articles