Is this what we’d call a relief rally? Bitcoin fell to just below $60,000 earlier this week before rebounding very strongly since Friday morning. At the time of writing, Bitcoin is once again trading for $70,000. Trump rally Bitcoin’s fall is making headlines worldwide. The Financial Times, CNBC, and CNN are calling it the end of the so-called Trump […]
Bitcoin fell again yesterday, this time by around 10% in a single day after the US Treasury Secretary Scott Bessent said there would be no bailout for Bitcoin or Bitcoin-related companies. The incident was broadcast live on American television and immediately caused Bitcoin to fall. Bessent was clearly pointing the finger at Strategy, the company […]
Bitcoin briefly dipped below $70,000 on various trading platforms this week, marking the first time this has happened since November 2024. What would happen to the broader stock market and crypto-related stocks if Bitcoin’s price dips further? Michael Burry, the investor who made a billion dollars betting against the US housing market in 2008, shared […]
Bitcoin briefly dipped below $70,000 on various trading platforms this week, marking the first time this has happened since November 2024. What would happen to the broader stock market and crypto-related stocks if Bitcoin’s price dips further? Michael Burry, the investor who made a billion dollars betting against the US housing market in 2008, shared […]
Ever since the US Senate passed the so-called “Genius Act” last year, the growth in usage of stablecoins (issued by Circle and Tether) has been unstoppable. Wall Street banks are fearful of this phenomenon. They’ve responded by filing lawsuits. The Financial Times calls it the “stablecoin war” and is already wondering who will emerge victorious. Bank account […]
Typically, the smaller altcoins that fall faster than Bitcoin, but since the beginning of this year, it’s mainly been Ether which is dropping quite fast. Meanwhile, gold and silver continue to fall (are these buying opportunities now?), and the Wall Street Journal reports that the United Arab Emirates now owns around 49% of all shares […]
The first month of 2026 felt very different from 2025. Last year, crypto investors were looking forward to what lay ahead. Trump’s election victory at the end of 2024 had given Bitcoin its first break through the mythical $100,000 barrier per coin, and much seemed to lay ahead. But Trump’s many promises failed to materialize, […]
After a rather severe correction for silver (the precious metal fell by around 30% in two days, and futures suggest more pain is to come on Monday) and the appointment of Kevin Warsh as the new Fed chairman, Bitcoin fell further on Saturday, closing January in the red. In the past week alone, Bitcoin fell […]
The largest digital currency fell to $81,000 on Friday in a flash crash after it was revealed that ETFs were in a net selling position this week. While Wall Street easily lifted Bitcoin’s price to $100,000 after it received approval for the launch of Bitcoin ETFs in early 2025, those same ETFs (the largest are […]
After the Federal Reserve announced Wednesday night that long-term interest rates would remain unchanged in the short term, Bitcoin reacted with a further fall, the US dollar with further weakening (also because of the threat of yet another government shutdown), and gold with yet another new record high. Microsoft’s poor results last night only exacerbated […]
