Crypto companies are finding it increasingly difficult to find bankers willing to do business with them in both the UK and the US. The latest victim is the world’s largest crypto company Binance, which used to bank with Signature and Silvergate. As both these banks collapsed during the March banking crisis, Binance needed to find […]
Bitcoin has had a fantastic first quarter in 2023 with gains of around 70% and according to AI (artificial intelligence) calculations, it will add another 70% by the end of this year. Historical data As we reported about a month ago, there are now AI programs available online that teach themselves how to trade and […]
Analysts and investors weren’t sure where to look as stock markets remained closed for Good Friday, but thankfully there was Bitcoin to demonstrate the reaction to the US jobs report. At the time of writing, the largest digital coin is trading for $28,000 , essentially unchanged since yesterday, even though the US employment reading was […]
A 25-year-old anonymous trader who regularly posts his trades on Twitter was one of the big winners this week as Dogecoin gained 25% at a certain point thanks to a Twitter logo change. The young man who Tweets under the moniker “Tree of Alpha” managed to make a profit of over $1 million in just […]
Before we move on to bigger lawsuits in the United States in the fall of this year (the one against FTX founder Sam Bankman-Fried and of course also the one against former president Donald Trump), there is one more lawsuit for the crypto world to look forward to. Do Kwon, the former CEO and founder […]
Despite a very strong increase of the price of Dogecoin, the rest of the crypto market was barely able to benefit from Elon Musk’s remarkable move (who replaced the Twitter logo with an image of a Shiba Inu, just like Dogecoin’s logo). In particular, the rumor of a red notice from Interpol for the arrest […]
Elon Musk, the richest man in the world, is being sued for $258 billion for illegally pumping (and then dumping) the price of Dogecoin, the most famous meme cryptocoin. Musk’s legal team has asked the judge to quash the charges against him. Yesterday, Elon changed the Twitter logo to the dog of Doge and sent […]
The banking crisis is now a month old and most Western governments hope it is also over. Except for a few regional American banks and a large German bank (Deutsche Bank), everyone seems to have their affairs in order. However, as predicted, the demise of Silvergate bank and Silicon Valley Bank has made sure American […]
A banking crisis (the first one since the birth of Bitcoin), pressure from the US government where Senator Elizabeth Warren is forming an “anti-crypto army” and lawsuits against both Coinbase and Binance. All these events tried to bring crypto down in the first quarter of this year and yet the biggest digital currency, Bitcoin, ended […]
Wealthy individuals in the United States have been looking for new investments ever since the banking crisis broke out. According to CNN, art, expensive wines and Bitcoin are the clear winners so far. 1% The ultra-rich, or the “one percent” (1%) as they are called in the United States, are clearly changing their investment profile […]
