One bright spot in the rather bad crypto year of 2022 was the arrest of the famous Bitfinex hacker couple, Ilya Lichtenstein and Heather Rhiannon Morgan. The young couple from New York, who managed to steal some $4 billion in Bitcoin from the Bitfinex platform back in 2016, had quite the strange lifestyle it turned […]
Bitcoin appears to struggle to surpass the $30,000 price level. What can we expect from the month of August that is coming up and what already happened in 2023 so far. A short overview and analysis before we look forward to the next five months of the year. January and February After 2022 had meant […]
On October 2 of this year, the largest crypto trial in the US will start, namely the one against Sam Bankman-Fried and the implosion of his trading platform FTX. Celebrities like Tom Brady and Gisele Bundchen will be called to testify and many former customers wonder if they will ever see their money back. Politicians […]
Just as Bitcoin struggles to hang on to the $30k price level and has been going downhill in recent days, XRP on the other hand continues to rise ever since Judge Analisa Torres’ ruled last week in its favor. Analysts foresee increasingly higher price targets for the coin from Ripple Labs, while larger investors are […]
Kasper Vandeloock is a trader who already has quite a long history in investing and crypto, even though he is only 23 years old. He lost about 90% of his capital last year when FTX collapsed, but is now back to trading. With an investment fund of some $450,000 to back his trades, he restarts […]
Just now as the Chinese economy seems to be slacking, just now as many Chinese are converting their money into crypto in Hong Kong, just as crypto seems to be making a comeback in Asia, Hong Kong is plagued by highly innovative crypto scams. Not too surprising of course, but very unfortunate. The latest story involved […]
You may not have noticed it (unless you’re vacationing in New York or Miami), but the US dollar is losing ground against the Euro and other major currencies this year. Gold is also losing ground as a safe investment. Both see their market share as a safe haven investment slowly diminishing, and are losing ground […]
New York Judge Analisa Torres’ ruling this week in the SEC’s case against Ripple Labs (the company behind the popular cryptocurrency XRP) was good news for XRP. But it was actually even better news for Coinbase, the largest US crypto platform that was recently sued by the SEC for similar offences. Coinbase stock, which is […]
Ripple Labs’ digital coin XRP momentarily soared past BNB (Binance Coin) to fourth place on CoinMarketCap on Friday after a judge ruled that the lawsuit between the SEC and Ripple Labs was a win… for both of turned them. XRP rose by more than 50% in the past two days. Cardano, Solana and Matic, the three main […]
Bitcoin has been trapped in a trading band for almost a month now. The US government is the last ‘paper hands’ investor to think we are heading for a short run down in August and thus decided to quickly sell $300 million worth of Bitcoins. With this move, another piece of the Silk Road pie […]
