When it comes to investing, there are only a few clear winners for the first four months of 2024. Chipmaker Nvidia (up 90% year-to-date) and social media platform Meta (up 92% year-to-date) are the clear winners of the most famous names on the tech exchange Nasdaq. Tesla stock has also, if you count from 1 […]
Bitcoin grew again and it seems possible that the biggest digital coin will break through the $30k level this weekend after a very positive week for the crypto market, partly due to the new problems in the US banking sector. Meanwhile, the only Belgian crypto platform, called Bit4You, closed after the collapse of their service […]
On Thursday, the price of the largest digital currency, Bitcoin, climbed steadily after it emerged that the US banking crisis was not yet over. The problems at First Republic bank caused Bitcoin to move higher, just like gold. However, the price of that same Bitcoin fell 7% in a span of just one hour on […]
A week ago, we warned the cryptotips readers that another US banking crisis could be in the making. Back then we talked about the problems at banking giant Charles Schwab. This week it seems we might have been right, but now it’s First Republic Bank. You may remember, that’s the mid-sized bank which many of the larger […]
Profit-taking this week leads both the Bitcoin and Ethereum prices below psychological thresholds. Bitcoin dipped below the $30,000 mark and seems to be struggling to get over that cliff again. Ethereum looked very good after the Shanghai upgrade but is now fighting to recover the $2,000 mark. A very striking fact in the profit-taking to […]
If even the British start being bullish on Bitcoin, it seems to us that now everyone is ready to shout ‘to the moon’. Yesterday, Standard Chartered analysts wrote in a note to their international clients that they too now see an opportunity for Bitcoin to hit $100,000 by the end of this year. It is […]
American crypto platforms and islands in the Caribbean look like a match made in heaven. After FTX went bankrupt last year, it was all hands on deck for the government of the Bahamas to quickly extradite Sam Bankman-Fried, the CEO of a major employer for the islands. And now the largest US crypto company, Coinbase, is thinking […]
As the month of May approaches, and with it the next meeting of the US Federal Reserve (on May 3, it will announce what it will do about rate hikes), investor nervousness is growing. Because the English inflation turned out to be very high this week, and also due to some disappointing results on the […]
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 […]
