Russia’s economy is suffering because of the US and EU sanctions imposed on it because of the invasion of Ukraine. One way for the Russians to still make some money is to sell their oil and gas to India and China rather than to Europe and the US. Of course, the Chinese and Indian governments […]
Geopolitically it sounds quite strange and exceptional when you read it, but yes, this actually happened yesterday. India arrested a man from Russia (who also had Lithuanian nationality) on its territory at the request of the United States. According to the indictment from Washington DC, Alexei Besciokov is suspected of being one of the directors […]
Bitcoin investors are increasingly thinking that a rapid crash is possible. With stock markets falling in anticipation of major economic data from the US and a global trade war looming, major investors are increasingly cautious. The options market, where investors buy contracts to bet on or protect themselves against future price movements, shows that crypto […]
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, […]
