The big downside of that so-called ‘Bitcoin ETF’ effect, is that when things go badly on Wall Street, it has an immediate effect on the prices of all major digital currencies. The threat of a regional war in the Middle East (Israel against Lebanon and Iran) and a bad US jobs report (and therefore fears […]
If you’re an investor, there are some words that you don’t want to see popping up too much in the press. I think of terms such as fraud, insider information, bubble, inflation and of course the one that causes the most fear: recession. Although analysts are falling over themselves to declare that a stock and […]
Geopolitical concerns over the situation in the Middle East and a slowing American economy caused a declining stock market as well as a falling crypto market on Thursday. Ever since the replacement of Joe Biden by Kamala Harris as the Democratic presidential candidate, the chances of Donald Trump and the Republicans to win the elections […]
Apparently Mt Gox’s former customers prefer to keep their Bitcoins instead of converting them into fiat. This relieves pressure on the Bitcoin price benefits the market of course. Last night, the speech of Federal Reserve Chairman Jerome Powell pushed the price of Bitcoin down again. Iran’s threats against Israel also did not help. At the […]
In the United States, CEOs and board members of listed companies are required to disclose when they sell their shares or stock options. Some well-known billionaires who made their wealth through the rising price of Bitcoin and other cryptocurrencies have been selling hundreds of millions of dollar worth of stocks in recent weeks. NASDAQ NOSEDIVE. […]
Apparently, news of Trump’s speech this weekend did not seep through until Monday, due to the unbridled attention of several major news outlets on the Olympic Games. Major investors, reading about the news on Monday, instructed markets by sending Bitcoin to $70,000. This brings us very close to the all-time record of $74,000. And that […]
It’s been a bad week for tech stocks. The so-called ‘magnificent seven’ lost a trillion in stock market value in one day. A trillion. Truly incredible. If you compare it to that, crypto is still doing quite well. Most digital coins in the top 10 of CoinMarketCap also had a bad week, but Bitcoin normally […]
You have probably seen it pop up as an advertisement on Google or some other search engine. Those little DIY (do it yourself) Bitcoin mining devices that the internet tries to sell you because you are a person who sometimes reads articles about crypto and digital currencies. Cookies track what you read, hence you receive […]
Pondering on whether Bitcoin could finally reach $70,000, I wrote last Sunday: ‘If the stock markets really start a selloff, crypto will normally fall along with it. If the stock markets remain stable, Bitcoin can indeed go higher.’ It seems that those stock markets I referred to (and especially those where many technological shares are […]
The ‘temporary top’ mark also known as the Bitcoin ‘laser eyes’, have made an appearance on social media twice in the last five years. Each time it showed the exact moment when Bitcoin had reached a temporary top. Does this passage also mean we have witnessed another temporary top or will it finally be different? […]
