The month of May started dramatically for Bitcoin, Ether and all other major cryptocurrencies. Just after nine o’clock yesterday morning, around the time the Asian markets close, a real sell-off began, with Bitcoin dipping below the psychologically important $60,000 mark for the first time in two months. Analysts think there is support in the zone […]
The launch of a first Asian Bitcoin ETF in Hong Kong was not really a great success after the first trading day. That fact probably set off alarm bells for many investors because Bitcoin fell to a level of $60,000 yesterday already and continues to drop today. Still a nice profit compared to the start […]
Because Bitcoin’s price is quoted in US dollars, it is mainly the strength of that currency that is currently impeding Bitcoin to climb to a higher level. Even more important is the fact that American inflation appears to be rising again which means an imminent interest rate cut seems further away than ever. Both the […]
Research agency Coinshares recently published its latest Digital Asset Manager report. This showed that the investment behavior of fund managers on Wall Street has changed significantly since the beginning of this year when it comes to crypto. Furthermore, a recent overview of where shorts and longs on Bitcoin are positioned also shows a change of […]
The low rate of the Japanese yen means that young Japanese people are increasingly investing large amounts in Bitcoin, whose price is quoted in dollars. For example, Bitcoin climbed 42% higher this year for Americans, and no less than 60% higher for Japanese. After the ‘kimchi premium’ from 2015 and 2016, we now see the […]
The biggest name to enter the world of crypto this year is undoubtedly BlackRock. The largest investment fund in the world officially started selling a crypto-related product on January 10 with the launch of their iBit fund, allowing the ‘boomer generation’ to purchase Bitcoin without opening a crypto portfolio. All they had to do was […]
The iconic ‘buy bitcoin’ message, written on an average yellow A4 notepad, which a visitor to the US Congress held up while Janet Yellen was being questioned, has been auctioned for $1 million. At a time when Bitcoin is going through a difficult few weeks, partly due to the consequences of the ‘halving-slump’ and the […]
Hong Kong is preparing to follow in the footsteps of the US stock exchanges with the introduction of a Bitcoin ETF. Meanwhile, investors from mainland China are driving the gold price to a record thanks to mass buying. At the time of writing, the largest digital coin is trading for $64,200. Gold and geopolitics Asian and […]
Earlier this year, comedian Larry David, star of the very popular series ‘Curb your enthusiasm’, spoke for the very first time about that famous 2022 FTX super bowl commercial (for which he was paid millions of dollars). Larry finally commented because it was believed that the celebrities who once promoted FTX would never be charged […]
Railgun is a relatively small privacy coin that has been in the news quite often in recent days. First there were the links with North Korea, then the FBI complained about the coins’ usage as a crypto mixer and a few days ago even Vitalik Buterin seemed ready to invest. What’s going on? Monero and […]
