After ‘Roaring Kitty’ suddenly returned to his Twitter (now X) account earlier this week, the stock price of GameStop rose spectacularly (at first). In the wake of this ultimate ‘meme stock’, several memecoins followed suit, with big leaps forward for Dogecoin and Pepe on the same day. Memestocks and memecoins are suddenly making headlines again, […]
A softer than expected inflation reading delivered the best day in two months for Bitcoin. The largest digital currency rose to $65,000 in just a few hours. At the time of writing, Bitcoin is trading for $66,000. 🇺🇸 US inflation falls to 3.4%. Stars are aligned. #Bitcoin is going to the moon 🚀 pic.twitter.com/aDeOP0CRN3 — […]
Coinbase, still the largest crypto platform in the United States, saw a lot of bad PR online when their platform crashed on Tuesday (for four hours) and afterward several users reported that they could not access their funds. Several American influencers compared the situation to what happened at FTX back in 2022. After years of […]
A rather green Monday for the crypto market. Toncoin’s climb was expected and also predicted (by the launch of NOT later this week), but it was especially positive to see that even Bitcoin seems to be looking up again. Peter Brandt, the well-known analyst, got into a fight with some fans of XRP on social […]
The weekly chart of Dogecoin, still the largest memecoin, currently shows the buildup of same bullish sign that we saw earlier in 2021, just before the jump to 75 dollar cents, namely a ‘golden cross’. The 50-week moving average will normally move higher than the 200-week moving average somewhere next week. Is ‘Dogecoin to a […]
Bitcoin is caught in a fairly wide trading range ever since reaching a new record ($74,000) in mid-March. The limits of that trading range are about 25 percent below that top ($57,000) and the $70,000 level (which we haven’t reached for several weeks). What’s next? I believe there are three options. Boredom A continuation of […]
Bitcoin has been struggling to find its way up again in the last few days. Although the recent low of $57,000 still seems like a very strong support line, Bitcoin just can’t seem to break the $65,000 mark, which it needs for a rise to $70,000. At the time of writing the Bitcoin price is […]
As Bitcoin struggles with the symbolic $60k mark again, Donald Trump praises crypto companies in the United States. As Trump desperately needs the youth vote, this is not really a surprising. However, it is true that Trump has been pro-crypto for several years now, while Biden’s team appears to be against it. At the time […]
From time to time, it looks like a new scam pops up every month. Just a few weeks ago, John Oliver did a long and extensive overview of the now very popular ‘pig-butchering’ scams (where money is mainly paid out in crypto) in his ‘last week tonight’ program. By now, the newest hype is the […]
Michael Saylor, founder of the investment firm MicroStrategy, continues to instruct his firm to do one thing and one thing only: buy Bitcoins. In their latest quarterly report, the company explained that by now it owns $14 billion worth of Bitcoins, or about 214,400 Bitcoins. That is more than the United States or China possess. […]
