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 […]
Bitcoin climbed to $22k as positivism returned to the crypto market. Ethereum followed suit as enthusiasm for the Merge continued building (with even Google getting in on it). Several altcoins rallied. In the past week alone, some of the names of in the CoinMarketCap top 100 have seen impressive gains. Solana added 17%, Ravencoin 76% […]
Dogecoin, the original memecoin (Shiba Inu is, with all due respect, a mere copy trying to ride the Dogecoin popularity) was created by two people (Jackson Palmer and Billy Markus), who both have the strangest relationship with Elon Musk. Jackson Palmer dislikes Musk while Billy Markus is considered a personal friend to the Tesla CEO, often […]
Terra’s remarkable resurgence this week has brought the coin back into the spotlight. You may recall that earlier this year it was the collapse of Terra’s UST stablecoin (and it’s Luna cryptocoin) that accelerated the so-called crypto crash of 2022. Over in the US, a White House document threatens to ban Bitcoin due to it’s […]
Bitcoin surged 8.5% as investors went risk-on again and crypto correlated with tech stocks. Also in the past few hours, Terra’s Luna coin gained an incredible 200% as investors speculate of a possible revival. It all comes as investors believe the Federal Reserve might announce a slowing down of rate hikes in 2023 already as the fears […]
