While AI stocks have siphoned a significant amount of money away from the crypto market this year, the two worlds (AI and crypto) cannot do without each other. It is quite logical that AI assistants will soon increasingly use crypto to process payments, given that traditional financial fiat systems are not set up for this, […]
Besides the geopolitical tensions between Iran and the United States, rising interest rates (in both the United States and Europe), and increasing inflation due to energy prices, there is another data point pointing to a possible stock market crash (which would, of course, also cause a crypto crash). Technically speaking, Microsoft’s weekly chart looks very […]
The US markets were closed yesterday for Juneteenth, while the biggest geopolitical news also came from that direction (US Vice President JD Vance did not travel to Switzerland negotiate with Iran). Bitcoin and the European and Asian markets are therefore awaiting direction from the Americans on Monday. In the meantime, investors must hope that Bitcoin […]
While the largest digital currency had been on an impressive bounce during the past week, this came to an abrupt end on Wednesday evening at the first Federal Reserve meeting chaired by its new chairman, Kevin Warsh. He hinted that the majority of the US central bank is considering a new interest rate hike. That […]
Apart from the stock of electronic car manufacturer Rivian (which has since crashed), few stocks rose as fast and are as volatile as SpaceX has been during the first week of trading. After a launch at a price of $150, SpaceX already surpassed Amazon’s market value yesterday and was trading above $200. As various American […]
After the strong pullback of late May and early June (which dropped the price of Bitcoin from $75,000 to $59,000), Bitcoin has recorded a fairly decisive bounce. After four days of positivity, Bitcoin briefly touched $67,000 on Tuesday. The altcoins are following suit, and the growth of Hyperliquid is (yet again) particularly striking. Hype It […]
The recent Bitcoin crash was triggered by the sale of about 32 Bitcoins by Strategy, still the largest Bitcoin holder among companies. However, during a crypto conference this weekend, Michael Saylor claimed that he meant investors should not sell their Bitcoin, not that his company should not do so. The internet reacted quickly. Crash The […]
Memecoins are having a tough year, so pump.fun, the online website where you can create and launch your own memecoins, is taking a different approach altogether. They are offering wealthier users (mostly Americans and Europeans) the chance to perform demeaning tasks for users looking to earn a little extra money (mostly in India and Africa) […]
The hype surrounding the SpaceX IPO may die down next week, after which Wall Street trading funds will have to decide in which pot to park their money: SpaceX, which is trading at 92 times annual turnover, or Bitcoin, which is trading at a two-year low. Crypto fans are certainly hoping they choose the latter. […]
Just as Bitcoin and most altcoins are going through a bear market, the economic growth of stablecoins is becoming unstoppable. Earlier this week, Tether, the largest of all stablecoins, briefly overtook Ether for second place on CoinMarketCap. Second place Ether had long been touted as the ultimate successor to Bitcoin, but last year, like most […]
