Dogecoin is showing signs of life again, with a price of $0.2016 and a 1.92% increase over the past 24 hours. Trading volume has reached $3.38 billion, clearly indicating that interest in the coin remains strong. Still, not everyone is convinced: analysts are divided over the strength of the current move. Key levels approaching According […]
Bitcoin continues to surprise. The world’s largest cryptocurrency is breaking records once again and climbing even higher. The price is currently around $117,784, placing Bitcoin firmly among the top five most valuable assets. And the rally might be far from over. Bitcoin surges to new all-time high With a 6.26% increase in the past 24 […]
The crypto market is making strong moves today, with Ethereum standing out as the clear leader. Ethereum’s price has skyrocketed, breaking through a key price level. After a strong consolidation phase around $2,400, the engine now seems to be running at full speed. Ethereum is targeting the next resistance zones, even overtaking Bitcoin on the […]
The US dollar is currently showing significant weakness, which could turn out to be good news for Bitcoin. The Dollar Index (DXY) has fallen below its average of the past year, which has historically often marked the beginning of strong Bitcoin rallies. The pattern is clearly visible in CryptoQuant’s charts. Every time the DXY drops […]
The news that CoreWeave (an American company that deals with cloud computing) is acquiring the crypto mining company Core Scientific for an amount of about 9 billion dollars was jubilantly praised on many crypto websites yesterday afternoon. For me though, it brought back memories of 2022. Level CoreWeave and Core Scientific shareholders weren’t too happy […]
June is normally the month when the first heat waves start in Texas, the largest state in the United States. Due to climate change, these heat waves are becoming more frequent (and are relatively longer). And that has consequences for Bitcoin, because Texas is where most Bitcoin mining companies operate. Authorities in Texas are asking […]
The transfer of some 80,000 Bitcoins, minted between 2011 and 2013, also known as the ‘Satoshi era’, is making investors very nervous. The owner of these digital coins waited an average of thirteen to fourteen years to move his wealth. Is Satoshi Nakamoto preparing for a sale? And what could this mean for the price? […]
US stock markets remained closed on Friday, as the United States celebrated its Fourth of July (Independence Day). Profit-taking by investors and a Chinese warning that Russia has to win in Ukraine pushed European stock markets and Bitcoin lower as we headed into the weekend. Interest After Wall Street had touched new records earlier this […]
Just as Bitcoin tries to reach the ATH, some 9 listed companies in the UK, which mostly have nothing to do with cryptocurrencies, have started a Bitcoin buying policy. In this way, their stock prices have shot up spectacularly. They are of course just trying to follow the example of both the Japanese company Metaplanet […]
According to reports in the usually well-informed news site Bloomberg, Deutsche Bank, Germany’s largest bank, plans to let its customers store cryptocurrencies such as Bitcoin as from next year. Their ‘digital asset custody service’, for which Deutsche Bank applied for a license two years ago (in June 2023), is expected to be launched in partnership […]
