The world’s richest man, Elon Musk, will once be able to boast of his crypto knowledge. Thanks to an adjustment of the accounting practices for companies in the United States, he was able to report during Tesla’s latest quarterly results that the Bitcoins his company had already purchased in 2021 generated a profit of some […]
The United States plan to create a ‘strategic Bitcoin reserve’ (which is at the moment only being ‘investigated’ by the Trump administration) is increasingly finding fans in Europe. The latest European country to consider purchasing Bitcoin in large amounts is the Czech Republic. The chairman of the Central Bank in Prague admitted this in an interview […]
If there was one certainty in recent years, it was that you could count on Jim Cramer, the host of the Mad Money show on CNBC, to tell you when to sell or buy your Bitcoins. Whether he would be right depended on which year we were in. Bull In 2020 and 2021, Jim Cramer […]
DeepSeek is the new buzzword of the past few days. American investors call it a ‘Sputnik moment’ and partly because of those two mentions, both crypto and tech shares crashed very hard yesterday. What is going on and what can we expect in the coming days? DeepSeek This Chinese app has been one of the […]
Bitcoin and the global stock markets crashed this morning after it became known over the weekend how cheap DeepSeek, a Chinese AI model that can compete with ChatGPT, can operate. On top of that, it seems you don’t necessarily need Nvidia chips to do so. The rumor that China has already sold its Bitcoin reserves […]
Dread Pirate Roberts, the pseudonym of Ross Ulbrcht on Silk Road, originated from ‘The Princess Bride’ movie. The fact that the world’s first ‘crypto criminal’ chose a character from a Disney film as his moniker is remarkable. What’s even more remarkable is that at the time of his arrest, Ulbricht was in possession of 144,000 […]
The Bank of Japan decided yesterday to raise interest rates again (from 0.25% to 0.50%). That seems counterintuitive (especially if you know that Donald Trump asked central bankers to do the opposite during his speech at the World Economic Forum this week), but Japanese interest rates are historically low. The problem is that the last […]
Larry Fink, CEO of BlackRock, participated in a panel discussion during the World Economic Forum in Davos. Topic of discussion was the possible deflation of the dollar and other fiat currencies. During his argument, Larry explained that this possibility was the very reason that convinced him in 2023 that Bitcoin was worth an investment (BlackRock […]
Renewed hope in the crypto world after US President Donald Trump signed a decree ordering the release of Silk Road founder Ross Ulbricht. The appointment of Hester Pierce, nicknamed “crypto mom” by crypto fans, to lead the SEC task force to investigate regulations for digital currencies was also cause for celebration. Still no news about […]
The first day of Donald Trump’s presidency is over and crypto fans are a bit surprised that none of those first day Executive Orders were about the creation of a strategic Bitcoin reserve. According to Arthur Hayes, Trump simply won’t do that. Luckily he did release Ross Ulbricht, founder of the legendary Silk Road site. Absolutely […]
