A few days after we highlighted it as well, global media such as Reuters, the New York Times and Business Insider now also have to admit that the ‘Trump trade’ is back. This is part of the reason why Bitcoin touched $69,000 yesterday. The ATH record is within reach again. The Trump trade refers to are investments in goods, companies or […]
Elon Musk, still the richest man in the world, has instructed Tesla to transfer their remaining Bitcoins (now worth around $700 million), to another crypto wallet. Commentators therefore fear that Musk is planning a sale. A move that could affect the Bitcoin price given the importance of Musk himself as well as the size of […]
After a judge ruled earlier this week that online betting on the outcome of the American presidential election is legal, Bitcoin jumped to its highest price in three months. Commentators claim that the growing likelihood of Trump being re-elected as president is bound to give crypto a big boost. Kalshi Betting in the United States […]
MrBeast, aka James Stephen “Jimmy” Donaldson, hasn’t exactly had a fantastic 2024. First there were the multiple complaints and lawsuits over his ‘Beast Games’ and now he is accused online of several crypto pump and dump schemes that have earned him some 10 million dollars. Is there truth behind the story or is it yet […]
Bitcoin jumped up on Monday, briefly touching $66,000 in a sign that has investors hopeful that ‘uptober’ could finally kick off. Beijing’s claim that further stimulus will be forthcoming for the Chinese economy is of course what investors are really waiting for in order for stocks and crypto markets to surge. JUST IN: $66,000 #Bitcoin […]
Shares of MicroStrategy, Michael Saylor’s investment firm, rose to a 25-year high last week as investors responded enthusiastically to their plans to become a Bitcoin bank in the future. Compared to the beginning of the year, the stock of Saylor’s company (which now owns more than 1% of all Bitcoins) increased in value by more […]
For the media, there’s nothing more sensational to cover than a couple of celebrities going to jail. Tom Hanks and Bruce Willis already knew this when they played opposites in ‘Bonfire of the Vanities’. The audience enjoys nothing more than a so-called ‘fall from grace’. Just as the Netherlands has its own celebrity couple in […]
The correlation between the price of Bitcoin and the state of the US economy became very clear in the past 48 hours. After the US inflation rate turned out a bit higher than expected, the price of the largest digital currency suddenly fell 3.6% to $59,000. Bitcoin quickly recovered and the support around $60,000 remained […]
Just as Bitcoin seems to be having a hard time breaking out of the trading range between $55,000 and $65,000 in ‘uptober’, a real use case for crypto has emerged in South America in recent months. Due to skyrocketing inflation in some countries, more and more Argentinians, Brazilians, Colombians and Venezuelans are buying stablecoins to […]
American rap star Cardi B launched a new memecoin this week. The crypto coin has the name of her biggest hit to date (WAP, which stands for, well, just look it up), It immediately went up by thousands of percent and then fell like a stone again, of course. Her name is $WAP 🐾💦CA:Bz7vVzQhm2KMW1XgcrDruYega1MiwrAs1DQysrx4tFkp pic.twitter.com/BDvJqeqh0u […]
