Tech stocks sold off in the US this week after Tesla, the electric vehicle maker, posted very poor first-quarter results. Bitcoin followed that tech sell-off as usual and moved lower smoothly as well – the largest digital coin even went below its 20-day moving average. The last time this happened was mid-March. Seven analists Tesla […]
Earlier this week, Binance CEO Changpeng Zhao spoke about the future Bitcoin halving of April 2024 and wondered whether we could calculate what the price would be at that point. One of his followers asked AI program ChatGPT the same questions, and the program answered in a very bullish manner. It calculated a price of […]
I can honestly enjoy listening to Vitalik Buterin give an interview, even though I am part of a very select group it seems. The founder of Ethereum is known for thinking long and hard about every reply and giving very long, technical answers to what sometimes seem like easy questions. His interview with Lex Fridman […]
When the first Silvergate bank went bankrupt in early March (some six weeks ago) everyone pointed an accusing finger to the world of crypto. Silvergate was very closely associated with the cryptosphere, especially Sam Bankman-Fried’s large FTX platform. A few days later, the first problems also started to appear at Signature bank and Silicon Valley […]
K33 Research is an analyst team from Norway that specializes in predictions for Bitcoin and other digital currencies. Given Bitcoin’s strength since the start of this year (Bitcoin went up some 70% in the first quarter of 2023) it’s no surprise that they’re very upbeat in their forecast for the biggest digital currency, but their […]
Elon Musk, the CEO of Tesla, SpaceX and now Twitter, is still a big fan of Dogecoin, as he revealed in his interview with the BBC last week. When asked who would take over Twitter (Musk had already stated that he would like a new CEO for Twitter by 2024) he replied that his Shiba […]
We’ve had quite a week again. Binance no longer found a banker in the US, Bitcoin broke through $30k smoothly, Ethereum got a technical upgrade that put it above $2,000, AI adjusted its year-end price forecast for Bitcoin and FTX suddenly recovered 7 billion dollars in customer funds. Meanwhile, all the lights are green for […]
The team of lawyers representing Sam Bankman-Fried, the founder and former CEO and also the crypto platform FTX itself has some good news for all those who lost money last year when this major American crypto player collapsed. The team at law firm Sullivan & Cromwell claims they recovered some $7 billion in assets. A […]
Last year, the most important technological upgrade in cryptoland was one done by the Ethereum blockchain, when it the transitioned from proof of work to proof of stake. The event was called “the merge” and introduced the global media to the technical aspects of crypto in August and September 2022. The transition, which drastically reduced […]
If there is one company that has gone all out on Bitcoin in recent years, it’s MicroStrategy, the organization around Michael Saylor. He became famous in the Dotcom crisis when he first won and then lost billions (Microstrategy’s stock went from $3,300 to $4, losing 99.99% of its value) and Fortune proclaimed him the “biggest […]
