A new conspiracy theory seems to emerge every weekend, but this time one that prompted an immediate response from Coinbase CEO Brian Armstrong, who immediately sought to correct it before the story got too big. Some Internet users had posted a theory online that showed how BlackRock and Coinbase were in cahoots in recent months […]
Both stock markets and crypto prices have been edging higher again in the last few days and that has everything to do with the Federal Reserve decision that is coming in just a few days. Analysts and market commentators are once again bullish because of their conviction that Fed chair Jay Powell will cut interest […]
Sam Bankman-Fried, the CEO and founder of FTX (the major American crypto platform that went bankrupt back in 2022), has started an appeal process in New York to try and reduce his sentence. Notably, SBF’s new defense team claims that his former law firm Sullivan & Cromwell is partly to blame for the lengthy prison […]
Gold jumped to an all-time high just as Bitcoin broke the $60,000 price point after a few tough weeks. In previous years, these two investments opportunities increased in tandem. That is no longer the case ever since the introduction of the Bitcoin ETFs. Republican Presidential candidate Donald Trump announced via his social media channels that […]
Toncoin, the official currency of the Telegram social media platform, has climbed some 20% in recent days. Ever since it hit a multi-month low of $4.50 on September 7, the cryptocurrency has already gained more than 20%. The bullish move comes after Telegram complied with some wishes from European authorities and it was revealed that […]
The largest digital currency initially reacted negatively to the outcome of the presidential debate between candidates Donald Trump and Kamala Harris. Earlier this week Wall Street investment firm Bernstein had predicted a higher Bitcoin price if Trump is elected, and a lower one if Harris is elected. Later on Wednesday, Bitcoin moved higher again after […]
A somewhat surprising news story yesterday stated that the company Tether, responsible for the largest stablecoin of the same name, is about to invest some $ 100 million in Adecoagro, a large agricultural company whose stock is listed on the Nasdaq stock exchange. It comes as Tether expands its investments and maintains its dominance as […]
Asset manager Bernstein, a well-known Wall Street behemoth with 750 billion dollars in assets under management, made an analysis of the Bitcoin price and predicts how it will react to an election victory of Harris or Trump in the November elections (and thus also which direction it will take after tonight’s debate). In the meantime, […]
The link between the value of the social media platform Telegram (which has more than 1 billion users) and its crypto investments was recently made very clear when global business media outlets discovered that Pavel Durov’s company held some $400 million in digital coins at the end of 2023. I estimate that amount will have […]
Just like at the beginning of August, when Asian stock markets dragged the rest of the world down (because the ‘Yen-carry trade’ had a fairly bad moment), the month of September has also started poorly for both stock markets and crypto prices. While the largest digital coins were able to limit losses (Bitcoin’s price dropped […]
