Bitcoin followed stock markets down yesterday as investors fear a slowdown. US stock markets fell and this morning Asian markets followed suit. At the time of writing, Bitcoin is trading for $56,000. Bad news for both Pavel Durov (CEO of Telegram and Toncoin) and former President Donald Trump. After Trump announced a new crypto project […]
If the investment trend of these past few months continues, Bitcoin ETF investors will be the largest group of Bitcoin owners as from next year, outnumbering even Satoshi Nakamoto (who still owns the first million Bitcoins). The well-known Bloomberg analyst Eric Balchunas calculated this remarkable feat a few weeks ago. Since most of those Bitcoin ETF […]
August was a terrible month for Ethereum, still the second largest digital currency. With a loss of around 20% in the past four weeks, Ether Hodlers are probably happy that September has finally started. This weekend a trader pointed out that Ether founder Vitalik Buterin sold some $10 million of his own digital currency in […]
Although there was a lot of action in crypto markets this summer (remember the Bitcoin rally in the week after the failed assassination attempt on former US President Trump in July and the arrest of Telegram (and Toncoin) CEO Pavel Durov in August), most crypto investors are happy that September is back with a vengeance […]
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. 🚨 […]
