We already discussed it a month ago, and now larger business websites have jumped on the bandwagon as well. Tether, arguably the world’s largest stablecoin, is buying so much gold that it could easily compete with a medium-sized country in terms of reserves. James Bond Bloomberg reiterated that gold purchases by the Chinese government (which […]
The convergence of new and old financial worlds became crystal clear yesterday with the sharp rise in the value of the cryptocurrency Hyperliquid, or Hype. This was mainly because more and more investors are no longer buying silver futures on traditional investment platforms, but are rather buying them on crypto platforms, which are much easier […]
One man’s death is another man’s gain, as the saying goes. While crypto enthusiasts might have laughed at the stagnating gold price back in 2020, 2021, 2023, and 2024, things have changed in the past year. Silver is also doing very well. $5,000 Gold traded above $5,000 for the first time on Monday, Meanwhile Bitcoin […]
GameStop, the retail chain that became known for a massive short squeeze, bought hundreds of millions of Bitcoins last year when the price hovered around $107,000. Last week, the company moved all its cryptocurrencies to a single wallet on the Coinbase platform. Is it preparing for a sale, and what signal does this send to […]
The focus of the financial markets seems to have shifted from Bitcoin to gold in recent months. Simply put, the FOMO mentality that has long fueled crypto has now migrated to the precious metals sector (even platinum and aluminum are attracting increasing numbers of investors lately). This is evident in the fact that money is […]
Peter Brandt, the veteran chart reader with over thirty years of experience, delivered the final blow to crypto fans this week. According to him, we can expect a correction of around 30% from now on, meaning we’ll soon be looking at a price of $58,000 for Bitcoin. A second analysis wasn’t immediately available, so we […]
Just as the storm surrounding Greenland has subsided, a new economic problem is looming on the horizon. Long-term interest rates in Japan are rising, which is quite remarkable, as the last time this happened, Bitcoin’s price fell by 30% in a single week (in August 2024). Will it be a problem again? Yen Carry After […]
A small article in a local English newspaper went viral this week because it was linked to the infamous “crypto queen” Ruja Ignatova. She became notorious because of the OneCoin pyramid scheme, which earned her (and her partner) some $5 billion between 2014 and 2016. Until this day, Ruja remains missing. The mystery surrounding her became […]
The price of the largest digital currency is once again under pressure due to the negativity in the stock markets and the geopolitical tension surrounding Greenland. Trump threatened to impose a 200% tariff on French champagne. News from Japan, where the government is calling for new elections and bond markets are experiencing unusual jumps, is […]
Last week, the Pakistani government struck a deal with crypto firm SC Financial Technologies to help them launch their own stablecoin in the future. SC Financial Technologies is led by Zachary Witkoff, son of Steve Witkoff, whom Trump appointed to defend US foreign interests in the Middle East and Russia. The stablecoin itself will be […]
