Every time Bitcoin drops by 50%, almost all business newspapers predict that the largest digital currency will crash to 0, and every time they are proven wrong. Every time Bitcoin hits a new record, it is front page news. This time was no different. An Overview. Congress CNBC attributed Bitcoin’s new record to the rapprochement between […]
Bitcoin broke through its ATH yesterday (as predicted a week ago) and seems ready to jump all the way to $120,000 as from now. The golden cross on the technical picture seems to be a matter of days. At the time of writing, Bitcoin is trading for $111,700. Ever since the announcement of the Bitcoin […]
Just before Bitcoin looks set to break through the ATH, the technical picture becomes very interesting now that a golden cross is beckoning on the horizon. A few more days of increase and then the fun can really begin. The last two times such a golden cross was noted, investors reacted with a bull run […]
Earlier this year, Argentine President Javier Milei promoted the Libra memecoin on his X account. However, a few hours later, he claimed to have nothing to do with the coin and the value of Libra plummeted. Hundreds of thousands of Argentines lost their initial investment. On February 17, two days after the launch of Libra, […]
Katie Martin is the long-time stock market columnist for the Financial Times, the European standard of financial business newspapers (with all due respect to La Tribune, L’Echo de la Bourse, the Tijd, the Financieel Dagblad and the Frankfurter Allgemeine Zeitung, but there is no better financial newspaper than the FT, even though I am not […]
After four weeks of rising Bitcoin prices, the largest digital coin is facing some pretty strong resistance around the $105,000 to $106,000 level, just below the All Time High of $109,000. Is this just a short break before we set a new record or are we due a correction? Yearly peak The largest digital currency […]
After a week-long rally by Bitcoin and altcoins, investors took some profits off the table on Thursday. Bitcoin tested a new support line, which was quite high already. The possible inclusion of Coinbase in the S&P500 could give the crypto market a new boost. Dollar The geopolitical agenda at the moment revolves around a possible […]
Bruno Retailleau, the French Minister of the Interior, has scheduled an urgent meeting with a number of crypto CEOs. He wants to explore how France can prevent the growing threat of crypto kidnappings in the future. Family members of crypto millionaires are being kidnapped and forced to contact their son, daughter or brother in order […]
On March 31st of this year, major crypto mining company Hut 8 announced the launch of a subsidiary called “American Bitcoin”. It now turns out that this new Bitcoin mining company is backed by the family of President Donald Trump. Specifically, the sons of US President Donald Trump (Eric and Donald Jr.) will participate in […]
Good news from Geneva reaches stock and crypto markets on Monday. Apparently the United States has agreed to reduce import tariffs on Chinese goods from 145% to (only) 30%, while China is reducing their import tariffs on American goods from 125% to 10%. Still a whole lot more than before this whole debacle started, but […]
