There were seismic price increases on both the stock market and the crypto markets earlier this week. Oracle’s latest results ensured that founder Larry Ellison became the richest man in the world as his company’s share price rose 35%. This also had repercussions for the crypto market. Worldcoin, the digital currency created by Sam Altman […]
France is being introduced to its third prime minister in a year and investors believe this one won’t be able to turn the tide either. Poland’s airspace was violated by Russian drones and US job figures are constantly being revised downwards. The stock markets are patiently waiting for any sign of good news, although Bitcoin […]
On the list of countries that mine a large number of Bitcoins, the United States remains clearly at the top. Texas is the state where most companies have established themselves. Third on the list is Kazakhstan, where many Chinese mining companies relocated after Beijing implemented a ban on crypto mining in 2021. That year, Kazakhstan’s […]
Apparently, every market seems to have its own risk analysis method. For global stock markets, this is the VIX, or “volatility index.” If the VIX suddenly rises very high, it means investors consider the risk of a crash greater than the likelihood of a new bull run. For crypto, this is called the “fear and […]
It’s “red September,” and the doomsday scenarios are coming in fast. Yesterday, I read a article claiming that Whales are preparing with buy orders around $82,000 and $94,000 because a freakout crash can’t be ruled out in these macroeconomic conditions. Let’s take a closer look and see if that’s possible. In other words, is the […]
Backpack Exchange has officially launched its European subsidiary, Backpack EU. The platform now offers users in Europe access to regulated perpetual futures, fully compliant with the European Union’s MiFID-II framework. Backpack EU, operating from Cyprus and registered as Trek Labs Europe, becomes one of the first fully regulated exchanges in Europe to offer crypto derivatives. […]
The Russian government’s warnings to its citizens about their internet usage are growing ever louder, and internet blackouts are becoming more frequent. As messages on WhatsApp and Telegram, the most popular apps in Russia, cannot be monitored by the government, the Kremlin has now introduced a new app of its own (called Max). As a […]
Some truly dramatic job numbers from the United States caused the stock market to fall yesterday afternoon, followed by Bitcoin. The largest digital currency was initially supported by the falling dollar, but in the end fell alongside with it. These negative mood was caused by a much weaker-than-expected jobs report for the United States in […]
XRP is showing its volatile nature once again. Despite a slow decline in recent weeks, the price remains steady around a key local support zone. Traders are watching closely as the coin prepares for a potential new move. XRP is currently trading at $2.85, with a 24-hour volume of $5.01 billion. The price is up […]
The Trump family’s newest crypto project, World Liberty Financial, launched earlier this week on CoinMarketCap and is already trading close to the top 30 after just one day. While not as spectacular as the Trump memecoin in January, it does demonstrate once again that the US President is a true crypto fan. Official Trump On […]
