The CPI (Consumer Price Index) reading of last Friday showed that inflation wasn’t ready to drop just yet even though the Fed had started raising interest rates already. This negatively impacted all major stock indices and most crypto coins, although it was remarkable to see that Ethereum fell much faster than Bitcoin. Over in Southern […]
Although Bitcoin is barely moving these past few days it seems (in the past week, Bitcoin has changed 1% at the time of writing), there is still plenty of action in the rest of the cryptosphere. Several altcoins like Chainlink and Helium experienced so-called recovery rallies as the market steadies again and South Korean police […]
The crypto market has experienced a massive bull rally since the start of July and the last few days has been a great one for altcoins. Chainlink’s native token LINK is clearly one of the top gainers within this period.LINK has enjoyed a rapid rise in the past week with the coin initially establishing a […]
Although Bitcoin’s price seems correlated to tech stocks and the Nasdaq index in 2022, and the ECB’s interest rate decision could influence it as well, it is always a good idea to check on historical returns for the world’s biggest crypto coin to see what we can expect. As such, we note that May proved […]
Never a dull day with Tesla CEO Elon Musk apparently. Speculators who were just a few days ago upset that Musk threatened to blow up his deal to purchase Twitter for a hefty $44 billion, now claim he might be looking to purchase YouTube instead. Or it’s all a joke of course, but with Musk […]
Tech and crypto become more and more correlated apparently. Both now speak of ‘winter’ conditions, aka a tough time that they’re going through. The latest sign of this correlation is that both Tesla and crypto trading platform Gemini announced 10% layoffs in the past few days. Just last week, an email from CEO Elon Musk […]
Bitcoin started the week on a higher note as investors anxiously await incoming inflation data for May from the US and a decision on interest rates from the EBC. Both sets could give further indication about future interest rate rises in the western world. On Tuesday morning though, we were back to where we originally […]
Earlier this year, a series with Jared Leto and Anne Hathaway raised eyebrows over in the US because people we reminded how they lost money on the stock market. It was called We Crashed and told of the rise and fall of one of the world’s most valuable startups we’ve seen in the past decade. […]
Cardano (ADA) has hit a two year all-time high of $0.106 in the last 24 hours according to reports from cryptowatch. The blockchain financial platform posted a chart on Twitter which showed the moment ADA hit the $0.106 mark.https://twitter.com/cryptowat_ch/status/1280451529317789697?s=20Cardano is one of the best performing crypto assets in the last few weeks with its native […]
Earlier in the year the crypto coin Waves made headlines in the weeks after Russia invaded Ukraine. The native token of the Waves blockchain was thought to be used by Russians who were looking for a way to park their money while their own rubles were devaluating because of actions by the Kremlin. By end […]
