As Bitcoin and the major altcoins had a fantastic second half of 2024 without any major pullbacks (and it has actually been about 12 months since we saw a correction), it is not too surprising that yesterday we saw a selloff in crypto markets. The reason for this sudden drop appears to be a rumor […]
Normally the larger altcoins (the top 20 on CoinMarketCap, except for the stablecoins of course) copy Bitcoin’s movement. When the largest digital coin falls, they fall a little faster. When Bitcoin rises, some major altcoins move higher just a little faster. This week (and most of the past few weeks) it was noticeable that XRP […]
Because of the arrival of ‘Boomer’ investors (who were introduced to crypto via BlackRock, Vanguard and other Bitcoin ETF providers) into crypto markets last year, the dynamics have shifted. Firstly, it has been a while since we saw any major pullback in crypto markets and secondly, the negativity of 2022 seems to be a thing […]
Perhaps you know Newport from the 2011 Jay-Z parody song which proved that the British can also rap, but there is also a garbage dump there which since 2013 contains a PC hard drive with some 690 million euros in Bitcoins on it. James Howell, the original owner of the hard drive, has been trying […]
Bitcoin, just like the global stock markets, is in a bit of a January slump, falling from $108,000 in mid-December to $91,500 yesterday. At the time of writing, Bitcoin is trading for about $93,700. The question that logically follows is, should you buy that Bitcoin dip or not? The answer is, as always, twofold. #Bitcoin – […]
As predicted earlier this week, the strong US economy caused Bitcoin’s price to fall again. That sounds very strange in itself, but it makes sense. As the United States is still improving economically, the Federal Reserve now has less of a reason to lower interest rates quickly (bad news for Bitcoin, which is still seen […]
Most crypto analysts started 2025 very bullish and are hoping for a strong signal from the new Trump administration. The ‘newer’ crypto industry, which includes major companies such as Coinbase and Microstrategy, is seen, together with AI companies, as Silicon Valley’s main fanbase for the new Republican government. The only thing left for the new […]
Bitcoin traded above $100,000 again yesterday as it jumped at the opening of the American stock market, mostly thanks to positive sentiment among investors who had returned from holiday and a rumor that the ‘Trump tariffs’ might not be as high as feared. Crypto-related stocks such as Coinbase and MicroStrategy also rose sharply. Although most […]
The United States’ plan to create a ‘strategic Bitcoin reserve’ is gaining traction in Europe as well. Last week Christian Lindner, the chairman of the German Liberal Party and the former finance minister, suggested a similar idea for Germany (which is organizing elections in February). By now, similar initiatives have also been launched in Poland and Switzerland. […]
Last summer, Marc Andreessen, the well-known billionaire and tech entrepreneur from Silicon Valley, wanted to find out how well AI understood culture and trends. He gave $50,000 in Bitcoin to ‘Truth Terminal’, an AI that developed itself by speaking to other AIs in so-called ‘infinite backrooms’ (this refers to computer screens showing infinite conversations between […]
