Whoever claimed that there is no clear use case for crypto hasn’t been in divorce court as of late. American men are increasingly hiding their wealth in cryptocurrencies such as Bitcoin and Ethereum, in fancy NFT artwork or in virtual homes on the Metaverse, according to a study that went viral this weekend. As these […]
Memeseason, the term that indicates that we are in a time when memecoins dominate the news, is clearly trending on social media. In a so-called ‘ask-me-anything’ interview organized on Twitter this week, Binance CEO Changpeng Zhao claimed he doesn’t really understand the point of memecoins, but it’s one of those things that makes crypto so […]
Bitcoin is under downwards pressure over uncertainty about the debt ceiling negotiations in the United States and a possible new interest rate hike by the Federal Reserve. Whales are gearing up to sell large batches of Bitcoin if the Fed gives any indication this weekend of what it might do. Classic investors seem to prefer […]
The South Korean parliament is all of a sudden moving very fast to regulate crypto. This urgency came after the brutal and robbery murder of an 48-year-old woman in the capital Seoul. She had gotten rich through investment in digital currencies and was therefore kidnapped and then gruesomely murdered. The events took place in the famous […]
Just as European finance ministers reach an agreement to combat crypto tax fraud, opposition to the digital euro is growing in the Netherlands. Dutch Finance Minister Sigrid Kaag made her objections clear to her colleagues in Brussels. The Dutch protest even reached the pages of the influential Financial Times. Lagarde Europe is pushing ahead with crypto […]
Two years ago, the hype around NFTs started and turned New York artist Beeple into a very wealthy person (he sold some $3.5 million worth of digital artwork in just one weekend in February 2021). This year, the hype is more about artificial intelligence and what you can do with this technology. An artist from Australia named […]
US crypto czar Ms. Eun Young Choi gave an interview to the Financial Times yesterday in which she confirmed that the White House is indeed thinking of shutting down some local crypto platforms. Also striking is that memecoin ‘Ladys’ continues to be in the news because the largest Whale hodler cannot take profits as he…. has too […]
Bitcoin price forecasters are at a loss for words. Even the AI model that in the first quarter was hyper-bullish about the possible growth of the largest digital coin this year has now adjusted its forecast. Everything, including worldwide stock markets, depends on the answer to the following question: is there a US recession coming […]
Memecoins were all over the news this week. Even though these highly volatile coins are not really contributing to the credibility of Bitcoin, Ethereum and other major coins, they are of course very entertaining. Pepe made millionaires out of young traders and even forced Coinbase to its knees, Ladys went up 5,000% in one day […]
Events in America caused Bitcoin to end one of the worst weeks of the year with a loss of some 8%. Other major coins such as Ethereum were also under heavy pressure this week. Coinbase, meanwhile, is getting slammed by crypto Twitter for not allowing trading of their favorite memecoin Pepe. Bitcoin under pressure Not only […]
