Bitcoin has traded lower ever since Jerome Powell spoke on Thursday and announced that the Federal Reserve would not only be increasing US interest rates by another 75 basis points, but would also be looking at raising the overall interest rates once more before the end of the year. That is considered pretty hawkish and […]
For almost two years now XRP, the crypto coin of Ripple labs, has not been able to profit from the crypto hype. While during the Covid-19 lockdowns youngsters were keen on investing in and trading with several crypto coins, XRP never experienced the highs and lows of Bitcoin (down to $8,000 in March 2020 until […]
Over the weekend, this site highlighted the words of Microstrategy’s Michael Saylor, who pointed to a Wall Street Journal article that claimed the Merge would essentially turn Ethereum into an SEC target. A recent lawsuit against a popular YouTube figure seem to confirm this view. Could Vitalik Buterin’s company be in trouble? Upgrade In the past month, […]
There is always a perfect Simpsons meme for every life situation. That has over the years become a law of nature. As we see Bitcoin and Ether fall ever faster with the greatest digital coin once again nearing it’s two-year low, the classic new reader Kent Brockman’s question to an undefined professor (the clip has […]
MicroStrategy founder and former CEO Michael Saylor explained over the weekend that he believes Bitcoin will emerge as the winner post-Merge instead of Ethereum. As Ether drops 25% in a week and now trades for $1,300, Saylor thinks investors will hurry to cover their ‘long’ Ether bets and switch back to Bitcoin. Furthermore, he also reminded […]
In the beginning of this month, we let our light shine on a possible price prediction for Bitcoin by the end of September, and it was pretty bearish. As the month has just passed it’s halfway point and The Merge was executed without a hiccup, Bitcoin is back down to $20k, having lost 7% for the […]
Last week crypto investors who had previously lost money on their Terra investment were hopeful when the Luna and Terra Classic coins went into a very bullish pump. Winnings of 200% in only a few days were noted. Now, as South Korea has issued an arrest warrant for Do Kwon, the Terraform Labs CEO and founder […]
The so-called Wall Street cheat sheet is a well known image shat shows the psychology of a market cycle from optimism over belief, thrill and euphoria all the way back down to anxiety, denial, panic and anger. The traders who tend to get in at the beginning of this trade and exit before the top, are […]
Unless you’ve been paying as much attention to the CoinMarketCap Top 100 as we do, you will not have noticed that a small coin has been getting a lot of attention as of late. Ravencoin grew by 72% in the past week. So why you ask? Well apparently there’s two reasons (three if you believe […]
There will probably be more democratic votes counted for whether Ether can overtake Bitcoin’s crown than for who can take the British one, with all due respect for the new King Charles. Although Ether is still a long way off from becoming the ultimate crypto coin, a future moment which the crypto fans refer to […]
