It is clear that Donald Trump is the preferred choice of crypto fans out of the two US presidential candidates,. After the failed assassination attempt on him in July, the Bitcoin price rose by about $10,000 in a few days simply because analysts believe that his policies are more crypto-friendly. In recent months, Trump has […]
Striking to see this summer that many celebrity crypto fans got into trouble with global authorities. The most famous event in recent weeks was undoubtedly the arrest of Telegram (and Toncoin) CEO Pavel Durov in France. But the stress that this logically entails for Tesla CEO (and world’s biggest Dogecoin fan) Elon Musk is also […]
One of the best known (and infamous) investment banks in the world, Goldman Sachs, declared just a few years ago that they “weren’t really into crypto.” Their opinion has since changed as it now appears they already invested more than $400 million in Bitcoin ETFs this year. Varoufakis Recently, both The Guardian and the New […]
If Bitcoin’s anonymous creator, Satoshi Nakamoto, ever emerges from hiding and were to convert his Bitcoin stash into fiat, he would immediately become one of the richest people on the planet (although that conversion would send the price plummeting). With his 1.1 million Bitcoins, Satoshi is still the largest Bitcoin Hodler in the world. However, […]
Now that the dust from last week’s stock market storm has settled, analysts are wondering what exactly happened. An investigation by several media behemoths found that the main culprit appears to have been the so-called ‘Yen Carry trade’, in which investors borrowed money in Japanese Yen (with an interest rate close to 0) and then […]
Due to last Monday’s ultra-fast Bitcoin crash (which was caused by a sell-off in Asian stock markets), the largest digital coin posted its first ‘death cross’ of 2024 yesterday. A death cross is a technical pattern that usually indicates bearish momentum. It occurs when the 50-day moving average dips below the 200-day moving average. 🚨 […]
There have been 2 cases of scams involving so-called Trump meme coins this week alone, and as the US presidential election heats up, you can be sure that those won’t be the last. In both cases, Trump fans were urged to purchase these usually very cheap crypto coins. Once a large number had been purchased […]
A week once again seems like an eternity as Bitcoin’s volatility from 2020 and 2021 is back this summer. The ‘Black Monday’ crash seems to have been fully recovered as the largest digital coin climbed more than 20% in just a few days. Negativity gave way to hope as it becomes clear that whales only […]
Strong US jobs data as well as buyer’s appetite out of Asia pushed Bitcoin sharply higher again in the past 24 hours. At the time of writing, the largest digital coin is trading for $61,300. You could think that due to the so-called ‘Black Monday’ crash of the stock exchanges in Tokyo and Seoul, young Japanese […]
Bitcoin stabilized mostly thanks to comments from Shinichi Uchida, director of the Japanese Central Bank. He said his institution would do everything it can to restore calm to the Japanese stock market. Those comments were welcomed by Asian investors, which also returned to crypto markets. Stock markets and crypto are now waiting for similar comments […]
