While the Middle East is burning (due to the expanding war between Israel and Iran) and investors are looking for safe havens, Circle’s stock has continued to rise ever since its IPO a week ago. This shows once again that investors realize that there is a future for stablecoins, the digital currencies whose value is […]
BlackRock, the world’s largest investment fund led by CEO Larry Fink, has already bought so many Bitcoins with its investment fund iBit that it now owns 3% of the entire stash of 21 million. That is more than Satoshi Nakamoto (the anonymous inventor of Bitcoin) and Strategy, the investment company of Michael Saylor. That boring […]
The Israeli attack on Iran, which was preceded by the evacuation of US security personnel in Iraq, sent the stock markets and cryptocurrencies deep into the red on Friday. Once again, geopolitical movements are the main reason for the stock market movements. Bitcoin had a relatively easy time trading above $100,000, a level it has […]
The situation in the Middle East are prompting investors to increase safety (and thus take profits) in their portfolio. Bitcoin is still struggling to break the $110,000 ceiling and is trading below it again. Is this just a brief pause until we set a new ATH or is there more to it? Investors The attacks […]
As expected, US inflation rose to 2.4%, making it unlikely that the Federal Reserve will wait much longer to cut long-term interest rates. This proved to be good news for Bitcoin, which was trading close to a new record. At the time of writing, the largest digital currency is trading at $108,000. Pauze With that new […]
Earlier this year Vitalik Buterin, founder of Ether, promised that he would make his coin’s blockchain simpler and more ‘Bitcoin-like’. Investors apparently appreciated that comment and jumped on board again. In recent months, the second-largest digital currency has steadily climbed higher, and appears poised to re-emerge above $3,000 cliff. V-God The now 31-year-old Vitalik Buterin […]
Although Bitcoin is already looking up and trading near to its ATH again, things are markedly different for memecoins ever since the spectacular feud between Donald Trump and Elon Musk erupted. The memecoins that are related to them have suffered a hammering (although $Trump is still doing quite well) while it is precisely memecoins that […]
Earlier this year, Ross Ulbricht, the notorious founder of Silk Road and the first real Bitcoin Whale, was released from prison. Ross’ Bitcoin stash was seized by US authorities upon his arrest in 2013, who have since sold off most of it, but many have wondered where the rest of the money is. Last week, […]
Stablecoin issuer Circle launched on the stock exchange this week to great fanfare. It went very well and on day two, Stripe’s share price shot up 40%. This is because investors see the enormous potential of stablecoins. Where Visa and Mastercard take a percentage for the credit they allow and Western Union does the same […]
The public feud between crypto enthusiasts Donald Trump and Elon Musk cost Bitcoin a few percentage points on Friday. However, there was also good news as the largest digital currency found strong support as soon as the drop approached $100,000. It seems that there are quite a few buyers waiting around that level. At the […]
