After a rather severe correction for silver (the precious metal fell by around 30% in two days, and futures suggest more pain is to come on Monday) and the appointment of Kevin Warsh as the new Fed chairman, Bitcoin fell further on Saturday, closing January in the red. In the past week alone, Bitcoin fell […]
The largest digital currency fell to $81,000 on Friday in a flash crash after it was revealed that ETFs were in a net selling position this week. While Wall Street easily lifted Bitcoin’s price to $100,000 after it received approval for the launch of Bitcoin ETFs in early 2025, those same ETFs (the largest are […]
After the Federal Reserve announced Wednesday night that long-term interest rates would remain unchanged in the short term, Bitcoin reacted with a further fall, the US dollar with further weakening (also because of the threat of yet another government shutdown), and gold with yet another new record high. Microsoft’s poor results last night only exacerbated […]
We already discussed it a month ago, and now larger business websites have jumped on the bandwagon as well. Tether, arguably the world’s largest stablecoin, is buying so much gold that it could easily compete with a medium-sized country in terms of reserves. James Bond Bloomberg reiterated that gold purchases by the Chinese government (which […]
The convergence of new and old financial worlds became crystal clear yesterday with the sharp rise in the value of the cryptocurrency Hyperliquid, or Hype. This was mainly because more and more investors are no longer buying silver futures on traditional investment platforms, but are rather buying them on crypto platforms, which are much easier […]
One man’s death is another man’s gain, as the saying goes. While crypto enthusiasts might have laughed at the stagnating gold price back in 2020, 2021, 2023, and 2024, things have changed in the past year. Silver is also doing very well. $5,000 Gold traded above $5,000 for the first time on Monday, Meanwhile Bitcoin […]
GameStop, the retail chain that became known for a massive short squeeze, bought hundreds of millions of Bitcoins last year when the price hovered around $107,000. Last week, the company moved all its cryptocurrencies to a single wallet on the Coinbase platform. Is it preparing for a sale, and what signal does this send to […]
The focus of the financial markets seems to have shifted from Bitcoin to gold in recent months. Simply put, the FOMO mentality that has long fueled crypto has now migrated to the precious metals sector (even platinum and aluminum are attracting increasing numbers of investors lately). This is evident in the fact that money is […]
Peter Brandt, the veteran chart reader with over thirty years of experience, delivered the final blow to crypto fans this week. According to him, we can expect a correction of around 30% from now on, meaning we’ll soon be looking at a price of $58,000 for Bitcoin. A second analysis wasn’t immediately available, so we […]
Just as the storm surrounding Greenland has subsided, a new economic problem is looming on the horizon. Long-term interest rates in Japan are rising, which is quite remarkable, as the last time this happened, Bitcoin’s price fell by 30% in a single week (in August 2024). Will it be a problem again? Yen Carry After […]
