The biggest crypto hack in history, that of the Bybit platform last month, turns out to be a simple ‘CEO hack’. Although we all thought that Ben Zhou, CEO of Bybit, had acted quite well in those first hours after the hack and had everything neatly under control, it now appears, according to research by […]
Nayib Bukele, the president of El Salvador, got an agreement to receive his much needed loan from the IMF. When asked by the same IMF if the country can now please stop buying Bitcoin, he answered negatively though. IMF The International Monetary Fund, aka Washington DC’s international bailout bank that keeps countries from going bankrupt, […]
President Donald Trump sent the price of several cryptocurrencies (momentarily) soaring on Sunday when he wrote on social media that he had a plan for a “strategic crypto reserve.” By now, the market is down again (also due to geopolitical circumstances such as tariff threats and the situation in Ukraine), and surprisingly, there is a […]
Bitcoin seemed poised to slide to a low of $75,000 (or even lower) this weekend until Donald Trump made a long-awaited announcement on Sunday about a “strategic crypto reserve” for the United States, giving the entire crypto market a temporary boost (although it is once again dropping at the moment). This is not the first […]
The selling wave that accelerated especially in the last week of February left Bitcoin showing a big loss in the second month of the year. With a drop of 17%, february 2025 means it is Bitcoin’s worst performance in that month since 2014. The last time Bitcoin ended February with a loss was 2020, when […]
Bitcoin managed to avoid the fall to $70,000 (this was the level at which Whales were expected to re-enter and swoop in) thanks to a bounce on Saturday, but investors are fearful of the market reaction on Monday after analysts labeled the Trump-Zelensky row as possibly catastrophic for stock markets. Meanwhile, crypto billionaire Justin Sun […]
A new memecoin scandal and once again Dave Portnoy is playing a role in it, although he’s not accused of being the culprit this time. That role is for Hayden Davis, an American influencer and cult figure who appears to have been involved in various shady dealings in the past already. Hayden bragged just before […]
Investors started 2025 in a hopeful mood, convinced that new ATH prices would be reached very soon. However, since the start of Donald Trump’s new administration, stock markets have dropped and Bitcoin is officially undergoing a correction. What’s going on? ATH After Donald Trump’s election victory on November 5, crypto investors quickly sent Bitcoin higher. […]
In the world of tech stocks, a drop of 10% is usually seen as a correction, for Bitcoin a drop of 20% is used as the benchmark. Ever since Donald Trump’s first day in office, when Bitcoin was trading at around $105,000, the largest of the cryptocurrencies has already fallen by around 20%, meaning we […]
Let’s be honest here, before November 2024 and Donald Trump’s victory in the US presidential election, any report of Bitcoin trading ‘below’ $90,000 wouldn’t even be possible, hence a drop in price below that level again was always in the books. The question is simply how deep we go and whether this is natural or […]
