By now, the US presidential elections are dominating almost all aspects of the news, including crypto. This week, Elon Musk had to deny that he has spoken to Donald Trump about crypto, after news leaked that Musk might be part of a future Trump cabinet. On the broader altcoin market, the rise of Notcoin, the […]
After former US President Donald Trump announced earlier this week that he planned to release Silk Road founder Ross Ulbricht if elected, current President Joe Biden is also turning pro-crypto. A lot of this probably has to do with the popularity of digital currencies among American youngsters whose vote both men desperately need come November. […]
As the American stock markets reopened after the long ‘Memorial Day’ weekend, the technology stocks focused Nasdaq reached a new record. This was mainly due to good news for AI-related stocks such as Nvidia, a company that has already seen its shares rise by more than 130% this year. Meme stock Gamestop also made the […]
Bitcoin briefly rose above $70,000 on both Monday and Tuesday/ Many analysts were convinced that we would soon see a new record. However, various factors in the market pushed the best-known digital currency down since yesterday afternoon. First came the news that long-term Bitcoin HODLers would finally be getting repaid through the Mt Gox platform. […]
We can no longer ignore it: Pepe, the memecoin featuring the image of a frog which is seen as a symbol of the MAGA (make America great again) movement, has been on the rise in recent months. It recently entered the top 20 of CoinMarketCap and is clearly eying the major memecoins Shiba Inu and […]
The former customers of FTX, the famous crypto platform went bankrupt in 2022, are apparently getting their money back in full with some interest added on top. One of the reasons for this good news is an early AI investment by Sam Bankman-Fried that ultimately proved very profitable. In fact, Sam was such a good […]
You would think that given last Monday’s 20% jump, Ether would be among the best-scoring altcoin of the past seven days. However, as is often the case in 2024, it is the memecoins that take the top spot. As always, we will leave open whether investing in meme coins is smart, but it is clear […]
Bitcoin has had a very eventful first five months of 2024. After a Bitcoin ETF was approved in early January, we first saw a sell-the-news move down, and then we quickly moved higher in February and March. In mid-March we hit a new record ($74,000), after which April turned out to be fairly directionless. The […]
There are reports of a possible new golden cross being posted on the graph next week (on the 12-hour chart) for Bitcoin, there is some surprisingly lower US inflation (we didn’t see that coming) and then there’s a new record for the Dow Jones. All this ensures that optimism has returned both for crypto and […]
Chinese investors have been looking for a way to protect their assets against devaluation for years now. Apparently some criminals in Chengu had understood this and opened an illegal crypto bank that already had 2 billion in stablecoins in its possession. Police closed down the operation this week. Over in the altcoin market it was […]
