Two weeks after Iran started demanding crypto payments for passage through the Strait of Hormuz, we now have the first reports of crypto scammers operating in those waters as well. Unsurprisingly, oil tanker captains do not yet really know how to distinguish a real Iranian crypto account from a fake one. Yuan As part of […]
The Fear and Greed index, also known as the crypto world’s panic meter, is showing a positive level for the first time this year. With a value of 56 yesterday afternoon, investors are looking ahead again and counting on a further rise of the Bitcoin price. Support At the time of writing, Bitcoin is trading […]
Although the value of Sam Altman’s cryptocurrency World (formerly Worldcoin) continues to decline and has already lost 65% in the past year, the company continues to expand its services. Altman remains very bullish on Worldcoin and has now closed deals with Zoom, DocuSign, Tinder, Okta, and Shopify. Orb Worldcoin, the digital currency of Tools for […]
Although It is unclear who exactly controls the Strait of Hormuz at the moment, what is clear is that the Iranian government demands 2 million dollars per vessel passing through the strait whenever they are in control. Some shipping companies are willing to pay that amount after waiting for six weeks for their cargo to […]
In 2023 and 2024, the crypto world watched with amusement as Craig Wright, an Australian business executive, attempted to prove in a London high court that he was none other than Satoshi Nakamoto, the illustrious inventor of Bitcoin. Hollywood is already making a film about it, with the working title ‘Bitcoin’. Over in the altcoin […]
Bitcoin reacted very positively to the news from Iran (the Strait of Hormuz is reopening) and surged higher. At the time of writing, Bitcoin is already trading at $76,000. The next hurdle appears to be $80,000. Meanwhile, the United Kingdom is grappling with its own crypto scandal. Elections According to all opinion polls of the […]
‘Bitcoin Whales’ are investors who own 10,000 or more Bitcoins, and have usually purchased those ten years or more ago. Back around 2016, you could still buy Bitcoins for $100 to $500 apiece, a price we can only dream of now. They are therefore important players in the crypto market that we monitor closely, as […]
About a month ago, I compiled an overview of the winners and losers of this new geopolitical conflict. Bitcoin featured very prominently among the list of winners back then, proving once again that the largest cryptocurrency usually weathers geopolitical developments quite easily. A month later, that is still the case. We also have a surprising […]
Bitcoin, which briefly dipped below $60,000 at the end of February, is up 20% since then and appears to have (probably) started a new bull run. Much depends on the negotiations between Iran and the United States, but be sure not to miss the upswing. I expect a small stop if $80,000 is breached in […]
The crypto market (just like global stock exchanges, for that matter) needs direction and signals from the White House that the war between the US and Iran is over. As that confirmation is lacking, larger investors eager to make a quick profit are clearly capitalizing on the need for volatility of smaller investors int eh […]
