The term “trade war” was trending on social media on Sunday and Monday morning, leading to a rapidly declining crypto market. As predicted yesterday, a retest of the $90-$95k support line for Bitcoin was to be expected in the short term. If further and larger tariffs are announced, crypto markets and global exchanges could fall […]
The ‘honeymoon period’ of Donald Trump’s new presidency is still ongoing, which means that he can afford himself quite a bit of over the top actions without too much domestic criticism. This weekend, Trump announced that he intends to impose tariffs of 25% on imports from Mexico and Canada and 10% on goods from China […]
Two striking stories marked the week. The first was that the entire ‘DeepSeek’ panic only lasted one day and the second is the fact that the various Central Banks (of the Eurozone, the United States and Japan) differing view on interest rates seem to have no impact on Bitcoin’s support line. The price of the […]
The world’s richest man, Elon Musk, will once be able to boast of his crypto knowledge. Thanks to an adjustment of the accounting practices for companies in the United States, he was able to report during Tesla’s latest quarterly results that the Bitcoins his company had already purchased in 2021 generated a profit of some […]
The United States plan to create a ‘strategic Bitcoin reserve’ (which is at the moment only being ‘investigated’ by the Trump administration) is increasingly finding fans in Europe. The latest European country to consider purchasing Bitcoin in large amounts is the Czech Republic. The chairman of the Central Bank in Prague admitted this in an interview […]
If there was one certainty in recent years, it was that you could count on Jim Cramer, the host of the Mad Money show on CNBC, to tell you when to sell or buy your Bitcoins. Whether he would be right depended on which year we were in. Bull In 2020 and 2021, Jim Cramer […]
DeepSeek is the new buzzword of the past few days. American investors call it a ‘Sputnik moment’ and partly because of those two mentions, both crypto and tech shares crashed very hard yesterday. What is going on and what can we expect in the coming days? DeepSeek This Chinese app has been one of the […]
Bitcoin and the global stock markets crashed this morning after it became known over the weekend how cheap DeepSeek, a Chinese AI model that can compete with ChatGPT, can operate. On top of that, it seems you don’t necessarily need Nvidia chips to do so. The rumor that China has already sold its Bitcoin reserves […]
Dread Pirate Roberts, the pseudonym of Ross Ulbrcht on Silk Road, originated from ‘The Princess Bride’ movie. The fact that the world’s first ‘crypto criminal’ chose a character from a Disney film as his moniker is remarkable. What’s even more remarkable is that at the time of his arrest, Ulbricht was in possession of 144,000 […]
The Bank of Japan decided yesterday to raise interest rates again (from 0.25% to 0.50%). That seems counterintuitive (especially if you know that Donald Trump asked central bankers to do the opposite during his speech at the World Economic Forum this week), but Japanese interest rates are historically low. The problem is that the last […]
