After the Canadian Central Bank, Christine Lagarde’s ECB also decided this week to lower interest rates (from 4.50% to 4.25%). Even though Ms. Lagarde remained very vague about any future rate cuts, this was good news for Bitcoin. After all, these first two central banks put pressure on Jerome Powell at the Federal Reserve to […]
Beijing treats crypto scammers very harshly as a student found out this week. Especially now that more and more Chinese investors are trying to protect the value of their investments against devaluation, prison sentences are handed out to any apprehended scammer. A Chinese student was given a prison sentence of 4.5 years this week for […]
There are three altcoins that are making major strides in the top 10 of CoinMarketCap this year: Solana, Binance Coin and Toncoin. That last one, the official digital currency of the social media platform Telegram, reached a new All Time High yesterday. Analysts think it could rise to $10 before the end of the year. […]
Bitcoin has been trading above $70k for two days now. Will we finally see a new record at the end of this week? The meme stock frenzy (and the rise in GameStop) following the social media post of ‘Roaring Kitty’ (Keith Gill) made the print editions of almost all global business newspapers on Tuesday. Gill […]
The very well-known analyst Keith Gill, aka Roaring Kitty, is once again going ‘all-in’, and this could not only have consequences for the share price of GameStop, but also for various meme stocks and memecoins, which usually move higher in tandem with the well-known ‘short squeeze’ stock GameStop. The crypto market turned green on Monday […]
Assume for a moment that you bought some 43 Bitcoins back in 2013 (when the price was $3,000 per Bitcoin) and you transferred those digital coins to a crypto wallet on a USB. Afterwards you used a program called Roboform to generate an 11-character password and then you wrote it down somewhere. However, you lose […]
Jasmy Coin, known by cryptofans as the ‘Bitcoin of Japan’, is having a great week. This little cryptocoin is in fact having a great 2024. The latest pump was mainly due to rumors linking it to a possible collaboration with the government of Japan and an integration into iPhone. The first cryptocurrency which would officially […]
By now, the US presidential elections are dominating almost all aspects of the news, including crypto. This week, Elon Musk had to deny that he has spoken to Donald Trump about crypto, after news leaked that Musk might be part of a future Trump cabinet. On the broader altcoin market, the rise of Notcoin, the […]
After former US President Donald Trump announced earlier this week that he planned to release Silk Road founder Ross Ulbricht if elected, current President Joe Biden is also turning pro-crypto. A lot of this probably has to do with the popularity of digital currencies among American youngsters whose vote both men desperately need come November. […]
As the American stock markets reopened after the long ‘Memorial Day’ weekend, the technology stocks focused Nasdaq reached a new record. This was mainly due to good news for AI-related stocks such as Nvidia, a company that has already seen its shares rise by more than 130% this year. Meme stock Gamestop also made the […]
