The largest digital currency has been trading around $90,000 for a week or so, refusing to break out either up or down. Is this the agonizingly slow start of a Christmas rally, or a temporary peak before another plunge to the bottom? At the same time, Bitcoin mining companies face a difficult choice: crypto or […]
During every Bitcoin bear market (the downward price trend that follows the end of a bull market), a major crypto company collapses. At the end of the 2017-2018 Bitcoin bull run, it was the numerous Japanese ICOs that had put themselves in the spotlight; at the end of the 2020-2021 bull run, it was FTX, […]
Every few months, I ask the various AI chatbots how they think Bitcoin will perform in the long and short term. In 2023, there was only ChatGPT and its predictions weren’t particularly accurate. These days, there are plenty, but I still went back to ChatGPT this time. AI chatbots will continue to improve and become […]
About a year ago, Bitcoin broke through the magical $100,000 barrier for the very first time. After that, a pro-crypto president took office in the United States for the very first time (Trump wasn’t very pro-Bitcoin during his first term), and increasingly outlandish price targets were set for the largest digital currency. After a year […]
Earlier this week, the Trump family’s Bitcoin mining operation crashed by around 40% in a single day. More precisely, it plummeted by 40% in just 30 minutes (after locked-up shares suddenly became freely tradable). Internet users claim this bears a strong resemblance to the Trump memecoin crash earlier this year. American Bitcoin This past spring, […]
Until recently, Michael Saylor was the crypto world’s biggest hero. That’s because he decided in 2020 to transform his small software company, MicroStrategy (now Strategy), into the world’s biggest Bitcoin whale. As his plan worked so well in 2020 and 2021, he began borrowing more and more money to finance this Bitcoin buying strategy. That […]
The brief rally we saw last week was almost completely wiped out on the first day of December with Bitcoin’s 7% drop. Investors hoping for a “buy the dip” effect were almost nonexistent, while analysts agree that the $80,000 level is the next target to mogically focus on. Central banks Two central banks were to […]
If US President Donald Trump is unhappy with his country’s job figures, he simply fires the head of that department. If he doesn’t want any more immigrants from Afghanistan, he simply closes the border to them. If he wants to start a war with Venezuela, he simply does so. Following that logic, you can conclude […]
A series of articles this week published in the United Kingdom, the United States, and Canada all reached the same conclusion. Because home ownership is becoming unattainable for most Gen Z youth, many are deciding to invest in tech stocks and crypto. An interesting conclusion, although we don’t yet know if it’s true. Pessimism In […]
The expected brief relief rally for Bitcoin after the fall in the first weeks of November has now materialized, with the price trading above $90,000 again. However, it’s clear that Bitcoin’s problems are not over yet. However, some analysts are adamant that a Fed shift could bring salvation from a further decline. Opportunity Bitcoin’s recent […]
