Footballer Cristiano Ronaldo has been sued in the United States for an amount exceeding $1 billion. The indictment comes just days after US authorities handed out a billion-dollar fine to Binance, the global crypto platform, and is linked to that judgment. The plaintiffs claim they were convinced by Ronaldo and Binance to purchase NFTs a […]
Bitcoin, the largest digital currency, is having a very good year in 2023. Thanks to increased institutional interest from many companies on Wall Street, it seems like we are counting down to an approval for a Bitcoin ETF. Business websites such as Bloomberg and Nasdaq assumed this summer that we had a 75% chance of […]
Bitcoin once gain flirted with the $38,000 level the past night. Big winners on the American stock markets were therefore not only the Bitcoin-miners but also Coinbase, which gained some 250% this year already. Sam Bankman-Fried, the founder of the defunct FTX, was convicted at the beginning of this month. A week ago it was […]
A somewhat strange story in the Wall Street Journal last week went viral. Fallen crypto mogul Sam Bankman-Fried (the former CEO of FTX) no longer has access to FTT, the digital currency he could create as much of as he wanted, nor a bank account worth billions of dollars. From now on, SBF must pay […]
Just three more days and the month of November is over. This also means that as from now on we can start counting down to the end of the year. What offers a good return on investment for these last weeks of the year? Bitcoin has already had a very first 11 months in 2023, […]
Just as Bitcoin briefly traded above $38,000 for the first time this year, ECB boss Christine Lagarde held a question-and-answer session in Frankfurt, the financial center of continental Europe, for about 200 economic students. During this so-called ‘town hall’, she finally admitted the reason why she is not a fan of crypto. One of her […]
Crypto fans fell to the floor after the sudden turn of Jim Cramer, the popular host of the CNBC program ‘Mad Money’. Over the past two years, Jim has made a great number of bearish predictions about Bitcoin. All of those predictions turned out disastrous, leading the internet to invent the counter-indicator-Jim. This time however […]
While most mainstream media like CNN and The Guardian are still reeling from the billion-dollar fine for Binance, crypto research firm Coinshares quickly calculated this week that a Bitcoin ETF approval would push the price to $141,000, at least if it were Blackrock’s. This is because they believe that the largest hedge fund in the […]
The billion-dollar fine for Binance (and the stepping down of CEO Changpeng Zhao) continues to reverberate on the crypto market. One of the most notable winners so far appears to be FTT, the coin of the bankrupt crypto platform FTX. In England, a remarkable legal case is underway before the high court. It is claimed […]
Crypto appears to be taking a short break as Bitcoin trades near its all-time high. Traders are awaiting word from the Federal Reserve to decide whether to go risk-on (good for Bitcoin and tech stocks) or risk-off for the last few weeks of the year. The Binance settlement also had to be priced into the […]
