In 2023 and 2024, the crypto world watched with amusement as Craig Wright, an Australian business executive, attempted to prove in a London high court that he was none other than Satoshi Nakamoto, the illustrious inventor of Bitcoin. Hollywood is already making a film about it, with the working title ‘Bitcoin’. Over in the altcoin […]
Bitcoin reacted very positively to the news from Iran (the Strait of Hormuz is reopening) and surged higher. At the time of writing, Bitcoin is already trading at $76,000. The next hurdle appears to be $80,000. Meanwhile, the United Kingdom is grappling with its own crypto scandal. Elections According to all opinion polls of the […]
‘Bitcoin Whales’ are investors who own 10,000 or more Bitcoins, and have usually purchased those ten years or more ago. Back around 2016, you could still buy Bitcoins for $100 to $500 apiece, a price we can only dream of now. They are therefore important players in the crypto market that we monitor closely, as […]
About a month ago, I compiled an overview of the winners and losers of this new geopolitical conflict. Bitcoin featured very prominently among the list of winners back then, proving once again that the largest cryptocurrency usually weathers geopolitical developments quite easily. A month later, that is still the case. We also have a surprising […]
Bitcoin, which briefly dipped below $60,000 at the end of February, is up 20% since then and appears to have (probably) started a new bull run. Much depends on the negotiations between Iran and the United States, but be sure not to miss the upswing. I expect a small stop if $80,000 is breached in […]
The crypto market (just like global stock exchanges, for that matter) needs direction and signals from the White House that the war between the US and Iran is over. As that confirmation is lacking, larger investors eager to make a quick profit are clearly capitalizing on the need for volatility of smaller investors int eh […]
Donald Trump’s family has apparently made enough money from the crypto hype surrounding him, because the best-known Trump-related cryptocurrencies, Trump’s own memecoin and World Liberty Financial, are in free fall since the beginning of April. The rising volume and downward trend suggest that insiders are now exiting. WLFI Commentators in the United States claim that […]
Today is April 12th already, and the monthly return for Bitcoin is green with a gain of around 5%. If we can maintain this, it will be a second consecutive month, and Bitcoin will be well on its way to closing out ‘crypto winter’ and (normally speaking) preparing for a new long bull run. However, rising […]
While everyone probably expected some memecoins to emerge as the biggest weekly gainers following the fragile Iranian peace agreement, it turns out that privacy coins were the major winners once again. ZCash added no fewer than 60 percent in a single week and seems well on its way to match its record from last year. […]
Digital currencies are making global headlines again now that the regime in Tehran is accepting payment in crypto (or Chinese Yuan) for passage through the Strait of Hormuz. Payments are being made in either Bitcoin or USDT. It is unclear which crypto platform is processing the payments though. Iran demands $1 per barrel of oil […]
