Some truly dramatic job numbers from the United States caused the stock market to fall yesterday afternoon, followed by Bitcoin. The largest digital currency was initially supported by the falling dollar, but in the end fell alongside with it. These negative mood was caused by a much weaker-than-expected jobs report for the United States in […]
XRP is showing its volatile nature once again. Despite a slow decline in recent weeks, the price remains steady around a key local support zone. Traders are watching closely as the coin prepares for a potential new move. XRP is currently trading at $2.85, with a 24-hour volume of $5.01 billion. The price is up […]
The Trump family’s newest crypto project, World Liberty Financial, launched earlier this week on CoinMarketCap and is already trading close to the top 30 after just one day. While not as spectacular as the Trump memecoin in January, it does demonstrate once again that the US President is a true crypto fan. Official Trump On […]
The rise of cryptocurrencies such as Bitcoin and Ethereum has not only changed the financial world but also the real estate sector. More and more investors are exploring the possibility of buying real estate with crypto. This is because digital currencies are becoming increasingly accepted internationally and investors want to diversify their crypto profits into […]
A lot of worrying economic stories appeared in the press yesterday, which is yet one more reason why investor sentiment is deteriorating. At the same time, Bitcoin is holding up quite well and remains around $110,000. Can it maintain that level, or will investors soon be rushing for the crypto exit as well? Bayrou The […]
With precious metals gold and silver hitting new record prices, Peter Schiff (one of the best known fans of precious metals posting on social media) was quick to point out that Bitcoin has entered a correction phase (after setting a new record in mid-August). Bitcoin increasingly appears to be trading in correlation with the Nasdaq, […]
The private jet and luxury yacht market started accepting crypto payments this summer, the Financial Times reported this weekend. While this seems very bullish, there’s a caveat. Just before the 2007-2008 peak (in stock markets), that same Financial Times advertised a fashionable belt for around $8,000 (in its How To Spend It weekend edition), and […]
The US stock market carries all the signs of an impending correction while Bitcoin is trading just shy of a new record. With those two data point as they are,, it seems to me that “red September,” traditionally one of the worst months for crypto (and the stock market) could become quite painful. Peter Brandt […]
Nvidia’s results this week weren’t actually that bad, but due to persistent inflation concerns and growing anxiety about AI’s potential ROI (return on investment), Wall Street traders are convinced that a slowdown (aka a temporary decline) is underway. Nvidia’s share price fell further on Friday. Inflation concerns are the main concern for investors in Europe, […]
Following up to the trend of companies that primarily buy Bitcoin, there’s now Bitmine, a new American company that’s been publicly traded for a few months which actively buys Ether. It’s led by Tom Lee, the man we know from Fundstrat. Several well-known American investors are very enthusiastic about Tom Lee and Bitmine’s plan and […]
