After the markets of both crypto coins and classic stocks had a really bad day on Monday, there was a small turnaround on Tuesday, although it is currently unclear whether this recovery will last. One person who is already not waiting is Cathie Wood, the CEO of Ark Invest. With her fund she bought crypto-related […]
The mood surrounding Bitcoin and the global stock markets has been particularly bearish for a few weeks now. According to crypto analysts, the support line of $70,000 could soon be tested. That would be the first time since early November 2024, but we are not there yet of course. Yesterday, Bitcoin did fall below $80,000 […]
David Sacks, the Trump administration’s so-called “crypto czar,” claims that the United States lost some $16 billion by selling its Bitcoins too early under the previous administration, aka Democratic President Joe Biden’s administration. That’s easy to claim in hindsight, of course, but given what happened to Germany, he could be right. Germany Last summer, the […]
Bitcoin is down around 7 percent since the start of the year, and even Donald Trump’s official signing of a “strategic crypto reserve” during his White House ‘Digital Asset Summit’ couldn’t turn the tide. Although the largest digital currency is still trading at a very high price level between $80,000 and $90,000, investors are clearly getting […]
During the January weekend before his inauguration as president, Donald Trump launched his own memecoin called Official Trump. According to research by the Financial Times, in the first few days after the launch, some $350 million in profits were skimmed off by accounts controlled by the Trump family. Inauguration Let’s go back to January 17, […]
The biggest crypto hack in history, that of the Bybit platform last month, turns out to be a simple ‘CEO hack’. Although we all thought that Ben Zhou, CEO of Bybit, had acted quite well in those first hours after the hack and had everything neatly under control, it now appears, according to research by […]
Nayib Bukele, the president of El Salvador, got an agreement to receive his much needed loan from the IMF. When asked by the same IMF if the country can now please stop buying Bitcoin, he answered negatively though. IMF The International Monetary Fund, aka Washington DC’s international bailout bank that keeps countries from going bankrupt, […]
President Donald Trump sent the price of several cryptocurrencies (momentarily) soaring on Sunday when he wrote on social media that he had a plan for a “strategic crypto reserve.” By now, the market is down again (also due to geopolitical circumstances such as tariff threats and the situation in Ukraine), and surprisingly, there is a […]
Bitcoin seemed poised to slide to a low of $75,000 (or even lower) this weekend until Donald Trump made a long-awaited announcement on Sunday about a “strategic crypto reserve” for the United States, giving the entire crypto market a temporary boost (although it is once again dropping at the moment). This is not the first […]
The selling wave that accelerated especially in the last week of February left Bitcoin showing a big loss in the second month of the year. With a drop of 17%, february 2025 means it is Bitcoin’s worst performance in that month since 2014. The last time Bitcoin ended February with a loss was 2020, when […]
