Bitcoin climbed to $121,000 on Thursday and is currently trading at$120,400. This is largely because investors are adamant that we’ll see another October (or Uptober) bounce, with the largest cryptocurrency likely improving its ATH. Quarter October is historically the best month for Bitcoin, as the cryptocurrency has increased in value in that month for 10 […]
A remarkable admission from Pavel Durov, CEO of Telegram, one of the world’s largest social media platforms. Since Telegram is still not profitable at the moment (although investors estimate it to be worth several billion), Pavel owes his luxurious lifestyle to a very early investment in Bitcoin. He is also convinced that the largest digital […]
All eyes of the crypto world should be on London’s Southwark District Court at this moment. There is a trial ongoing against Ms. Zhimin Qian, a Chinese woman who committed fraud between 2014 and 2017, defrauding thousands of victims of their money. When police raided her villa in 2018, they also found access to several […]
Since the beginning of the year, European crypto investors have been introduced to “perpetual contracts” trading, a system for investing in the crypto market with leverage ranging from 10x to as much as 100x. Previously, these investment options were exclusive to experienced Wall Street investors, but thanks to the widespread use of apps that allow trading […]
Moldova goes to the polls today. Their future is at stake in these parliamentary elections, and for once that’s no exaggeration. The choice is between pro-Europe or pro-Russia. Research by Elliptic’s journalists revealed that the Kremlin is using some $8 billion in stablecoins to influence various elections in Eastern Europe, although it’s unclear how much of that money […]
We probably won a bit too early this week when we counted down to Uptober and became completely euphoric. The largest digital currency apparently thought otherwise, returning around 7 percent in the past few days. Euphoria about the beginning of October has turned into anxiety about the end of September. At the time of writing, […]
According to analysts at Deutsche Bank, it’s quite possible that by 2030, several major central banks (think in Europe and the United States) will hold not only gold but also Bitcoin in their reserves. While that seems far-fetched at the moment, they believe things are moving in the right direction. This year, gold has risen […]
Just as we’re seeing more and more social media posts about the upcoming Netflix series on FTX, Sam Bankman-Fried’s dormant X-account is waking up. A simple “good morning” tweet sent the price of FTT, the cryptocurrency of the bankrupt FTX crypto platform, soaring by 30% yesterday. Altruists Coming soon to Netflix is ‘The Altruists’, a […]
Bitcoin seems poised to close out September without any major problems within a week or so and can than begin its classic “uptober” phase (October is historically the best month for the largest digital currency, hence its name). If the average price increase continues, we could end next month with a new ATH. Meanwhile, the […]
There’s a well-known meme that shows that when Bitcoin falls by 2%, altcoins (and memecoins) usually plummet much more. You see it popping up once in a while. I’ve linked it here on Instagram, couldn’t find it anywhere else. This was also the case on Monday. The largest digital currency fell by 2%, while most altcoins […]
