In the second quarter of 2021, the value of memecoin Dogecoin shot to an all-time high of around 75 cents. Some claim that this was mostly due to its most famous backer, Tesla and SpaceX CEO Elon Musk. Back in 2020, Musk had sometimes made jokes about Dogecoin, shooting the value up by several percentage […]
As Bitcoin hit a new all-time high of $67,000 this week, it was foreseeable that all known Bitcoin bears would be roaring again. I mean, you didn’t expect them to admit they were wrong did you? As from this year though, the bears are opposed by ever stronger (and better known) bulls. Just to make […]
Met a friend of mine last week for dinner. He and I have been invested in crypto for several years now, taking our profits whenever we can and hoping to stay on the side whenever there’s a crash. As Bitcoin and other cryptos have no built-in circuit breakers, you always have to take into account […]
For thousands of years, whenever kings, knights and other feudal lords wanted to preserve their wealth, they would store it in gold. The precious metal has been able to hold off attacks for its crown by silver, bronze, platinum, the Japanese Yen, the US dollar and the European Euro. All the while, all these investments […]
As Bitcoin retreats below $60,000 again and whales do some profit taking, analysts are already lining themselves up for two things. The first one is to know where whales will buy the Bitcoin dip again, and the second is to know which altcoin will rally as traders count their Bitcoin profits.https://twitter.com/CryptoMichNL/status/1451532645901471745Dutch trader and renowned crypto […]
Bitcoin has had quite the year again. From a value of $20,000 at the beginning of the year it rose all the way up to $64,000 by end of April. Then followed the Chinese ban, the ESG crowd and an attack by classic finance. Two months later it had retraced by some 50% and world […]
Bitcoin reached a new all time high of $67,000 in the past day as analysts put in ever higher end-of-year target prices. Meanwhile over in the Americas, the residents of El Salvador, mocked in the beginning for their acceptance of Bitcoin as legal tender, are now seeing their wealth grow. https://twitter.com/elonmusk/status/1451015695106560000 When it was finally […]
Jamie Dimon, CEO of JP Morgan Chase, may have driven up the price of Bitcoin when he claimed about two weeks ago that it has no intrinsic value. The exact quote given to media outlet Axios was that: It’s got no intrinsic value. And regulators are going to regulate the hell out of it. However, […]
While the Japanese Yen falls to a three-year low against the US dollar, cryptocurrencies are on the rise as Bitcoin nears its all-time high once again. At the time of writing, Bitcoin trades at $62,300.For Matthew Ryan, analyst at Ebury, the losers of the week are safe havens, such as the Japanese currency but also the […]
Halloween is almost upon us and Bitcoin is nearing its all-time high of $64,000 again. Betters and bookies are united in their belief that the biggest digital currency can hit $100,000 before the end of the year, with Christmas being an agreed upon timing. Meanwhile NuCypher briefly entered the CoinMarketCap top 100 over the weekend, […]
