Consternation on the tech-heavy US Nasdaq stock market this week when Silvergate Capital, a Californian bank that has been in business for more than 30 years, announced that its clients had withdrawn a good $8 billion from their accounts in the last quarter. As a result, Silvergate Capital shares fell 42% in one day. Silvergate […]
Unless you’ve just returned from two weeks in the desert without internet coverage, you’ve probably heard of ChatGPT by now. ChatGPT is the artificial intelligence-driven chatbot that seems to be the subject of nearly half of all social media conversations. ChatGPT rose to prominence in mid-December 2022 when the New York Times touted him as […]
In May of last year, billionaire Elon Musk accused his fellow billionaire Bill Gates of taking a short position against Tesla worth several hundred millions of dollars. Gates did not deny and when at the end of the year it turned out that the Tesla shares had dropped a good 70%, many other Californian billionaires appeared […]
At about the same time that the technology department of the famed New York Times awarded him for the Merge (the transition of Ethereum coin founded by Vitalik Buterin from proof of work to proof of stake), the famed Crypto founder made a statement that pushed a competing currency 40% higher in a matter of […]
The Dutch are very interested in crypto, according to all statistics. For a country of only 17.5 million people, it is remarkable to see the Netherlands take the top spot in terms of Bitcoin and crypto searches on the internet. Unfortunately, this also means that if their government wants to look for new income, following […]
Rektcapital is an anonymous crypto analyst who is gaining fame. While he only rang a bell with hardcore crypto fans in 2021, he was discovered in 2022, so to speak. Meanwhile, he is extensively cited in media publications such as Cointelegraph, Forbes, HackerNoon, the Startup and Yahoo Finance. His Rekt Capital Newsletter, which is available […]
What does 2023 hold in store for the world of crypto? Well of course if you could answer that correctly you would be making a lot of money, but it is possible to make at least a well educated guess. Firstly the price of Bitcoin, Ethereum and many others making a possibly recovery will be […]
Ryan Selkis, the founder and CEO of the cryptocurrency intelligence service Messari, said earlier this week that Bitcoin’s chart for the past few years means that it is entering 2023 in a ‘historic buy range’. Although you would expect crypto intelligence service company CEOs to be rather bullish and talk up their own book, Selkis […]
Although crypto markets remained mostly flat in the past few days, there has been one notable exception as of late. Solana, or SOL, the token that represents the Solana blockchain, has been falling ever faster in the past few weeks. Since Wednesday it broke through the psychological $10 barrier even. If you know that Solana […]
There seems to have been a decoupling between tech stocks and crypto in recent weeks. Analysts argue that this means that Bitcoin has bottomed out while technology could go a lot lower. We look at the correlation between tech and crypto as Apple, Tesla and many other tech stocks continue to go lower. Correlation In […]
