Every time crypto goes lower, stocks linked to digital currencies also go lower. With Wall Street interest suddenly pushing Bitcoin back above $30k this week, crypto-linked stocks such as Coinbase, Marathon Digital and MicroStrategy are also benefiting. In the broader market, the revival of memecoin Pepe, the biggest hype of the month of May, was […]
For all those who thought that the lawsuits from the US stock market watchdog SEC would mean an end to Bitcoin’s growth, we can only say: think Again. I remember seeing a warning last week from PlanB, the anonymous Dutch quant who has been a fan of crypto’s largest coin for years, claiming Blackrock was […]
The support line of $25k appeared much stronger than some thought it would be and after Bitcoin bounced on that price last week it started rising again. At the time of writing the world’s biggest digital coin is once again being traded for $28,800 and rose 8% in the past 24 hours. Legendary analyst Peter […]
We’re just about past the first half of the year and Bitcoin is posting about 50% growth. That seems spectacular, but when you consider that the first quarter was very bullish and the second quarter almost unchanged, it is clear that investors want some sort of direction from Bitcoin at this time. What could thus […]
In the first week of the year, I got up in the middle of the night to get a Bitcoin analysis from ChatGPT. Back then, the AI program had only just started and except for early morning hours (when Asia was online) you had to wait in line to get access. If you wanted to […]
Tesla and (still) Twitter CEO Elon Musk is being accused of driving the price of Dogecoin up 30% on April 3, 2023 by replacing Twitter’s logo with Dogecoin’s Shiba Inu dog as a belated April Fool’s joke. The major Dogecoin lawsuit brought forward by some disgruntled crypto investors against Musk in New York is the […]
Bitcoin climbed above the $26,000 price level again after optimism returned to the crypto market as it became known that the world’s largest investment fund, Blackrock, is looking to launch a Bitcoin ETF fund to give its clients direct access to digital currencies. In Asia, positive news came out of Hong Kong as the central […]
As predicted earlier this week, it was not the US inflation rate (which continues to fall as expected) but the speech of Federal Reserve Chairman Jay Powell that will determine the direction of crypto and stock markets. Bitcoin, which needed a pause in no further interest rate hikes to return to profit, received the requested […]
A decision by Apple caused a stir in Silicon Valley and the world of crypto this week. Apple, the company that hid the Bitcoin Whitepaper in its own software, sent a warning to a software developer for allowing “Bitcoin tipping.” The developer in question, Damus, has a decentralized social media app which is quite popular […]
The charges filed by the US stock exchange watchdog SEC against both Coinbase (the largest crypto platform in the US) and Binance (the largest crypto platform in the world) caused a spur of panic on the crypto exchanges. Calm now appears to have returned as Bitcoin found support right at the key $25,200 level. Big […]
