It’s been a bad week for tech stocks. The so-called ‘magnificent seven’ lost a trillion in stock market value in one day. A trillion. Truly incredible. If you compare it to that, crypto is still doing quite well. Most digital coins in the top 10 of CoinMarketCap also had a bad week, but Bitcoin normally […]
You have probably seen it pop up as an advertisement on Google or some other search engine. Those little DIY (do it yourself) Bitcoin mining devices that the internet tries to sell you because you are a person who sometimes reads articles about crypto and digital currencies. Cookies track what you read, hence you receive […]
Pondering on whether Bitcoin could finally reach $70,000, I wrote last Sunday: ‘If the stock markets really start a selloff, crypto will normally fall along with it. If the stock markets remain stable, Bitcoin can indeed go higher.’ It seems that those stock markets I referred to (and especially those where many technological shares are […]
The ‘temporary top’ mark also known as the Bitcoin ‘laser eyes’, have made an appearance on social media twice in the last five years. Each time it showed the exact moment when Bitcoin had reached a temporary top. Does this passage also mean we have witnessed another temporary top or will it finally be different? […]
BlackRock launched a new video in order to get American boomers to invest in an Ethereum ETF (exchange traded fund). That ETF has been open for investment since yesterday and, as always, focuses on those slightly older customers who put their trust in BlackRock, still the largest investment company in the world (or some other […]
The replacement of Joe Biden by (probably) Kamala Harris for the upcoming US presidential elections of course has consequences for the price of Bitcoin. The largest digital currency had surged to its highest level in a month following US President Joe Biden’s decision to make way in the next presidential election, but consolidated on Monday […]
Joe Biden’s decision to drop out of the presidential race immediately moved Bitcoin after the news broke, sending it down about $1000. Afterwards, the largest digital currency stabilized. It is still unclear who will succeed him as presidential candidate, although he himself expressed his support for Kamala Harris. At the time of writing, Bitcoin is […]
It is, to say the least, quite remarkable that in one week all the recent negativity surrounding Bitcoin has suddenly disappeared. Stock markets have been struggling just as crypto has risen again since the failed assassination attempt on Donald Trump. Bitcoin is only 10% below its ATH. Is this the start of that long-awaited post-halving […]
Bitcoin had a great week after the attack on Donald Trump and the so-called ‘Trump trade’ took effect. Meanwhile financial markets and especially tech stocks suffered. The VIX, the panic barometer of the stock markets, is shooting higher as nervousness is increasing among investors. Crypto doesn’t seem to be affected as prices enter the weekend […]
Tech stocks, and especially large chip makers, are having a very bad week. Two of the best known companies, Nvidia and ASML, have actually already had a very bad month of July. This also has consequences for the crypto world, where AI and data coins such as Render and FET (which stands for Artificial Superintelligence […]
