Bitcoin has been trapped in a trading band for almost a month now. The US government is the last ‘paper hands’ investor to think we are heading for a short run down in August and thus decided to quickly sell $300 million worth of Bitcoins. With this move, another piece of the Silk Road pie […]
The Dutch ‘Bitcoin family’ of Didi Taihuttu has been living in Lagos, the small coastal town in the southern Portuguese Algarve, for some time now. Didi wakes up in the morning, turns on his laptop, looks at the crypto charts of the past 24 hours and then starts trading according to a system he developed […]
The Chinese border has reopened since the beginning of the year, including entry to Hong Kong. 80% of visitors to the popular coastal city-state with European influences (Hong Kong was a British colony until 1997) are Chinese. A very large proportion of them admit that they have come for one thing lately: to buy crypto, […]
The countdown to the next halving (the moment when the number of Bitcoins each miner can earn per block is halved) is about to start, and global banks are ready to call a higher Bitcoin target price. Standard Chartered, who were already very bullish on Bitcoin in 2024, have raised their price target once again. […]
The Chinese savant Sun Tzu (author of famed 2,000 year old manuscript The Art of War) teaches us that “he who knows himself as well as the enemy, wins every battle”. In the fight between crypto and classic finance, we have to admit that when we look back at 2020-2021 the combination of ‘halving‘ (in […]
The past 12 months have been nothing but bad news for the familiar faces of US crypto companies. In November last year, FTX founder Sam Bankman-Fried was arrested in the Bahamas and then transferred to the US. He is now under house arrest with his parents in California and awaits his trial. The SEC filed […]
The US job market appears to be much stronger than expected. With higher interest rates currently failing to put a dent in the number of jobs on offer in the US, stock markets fell sharply yesterday as investors fear further rate hikes. Bitcoin and other major cryptocurrencies followed, even though Bitcoin still remained above $30K Meanwhile […]
The fact that billionaires Mark Zuckerberg (CEO of Meta, formerly Facebook) and Elon Musk (CEO of Twitter) are trying to organize an MMA (mixed martial arts) fight is probably no coincidence. It is supposed to happen just as Meta launches a Twitter rival called Threads. As crypto is very popular on Twitter where many influencers […]
The stock of Coinbase, the largest US crypto platform, is currently benefiting from the Bitcoin ETF craze. That’s remarkable as Brian Armstrong’s company was seeking a license in Bermuda just months ago and has since been sued by the SEC. Disaster 2022 You may recall that the Coinbase IPO in April 2021 was the all-time […]
In Coinmarketcap’s top 10, there is one digital coin that has risen by as much as 25% in the last week, namely Litecoin. According to experts, there are three reasons for this. Let’s go over them one by one. Halving Firstly, Litecoin, which like Bitcoin already has quite a long history in the (still young) world of […]
