Just like stock markets, cryptocurrencies are also looking at only one thing this week. On Wednesday, the decision of the FOMC (Federal Operan Market Committee) will be announced, and investors will finally know whether the Federal Reserve really intends to pause rate hikes, or whether we will go even higher. Everything, everywhere therefore depends once […]
Is it finally altcoin season (the moment when 75% of all CoinMarketCap top 50 altcoins outperform Bitcoin)? Well, not yet, but it’s getting closer as Bitcoin seems to struggle to break the $30k mark and move up to $35k or even $40k. Let us take a look at which altcoins have had the best summer […]
One bright spot in the rather bad crypto year of 2022 was the arrest of the famous Bitfinex hacker couple, Ilya Lichtenstein and Heather Rhiannon Morgan. The young couple from New York, who managed to steal some $4 billion in Bitcoin from the Bitfinex platform back in 2016, had quite the strange lifestyle it turned […]
Bitcoin appears to struggle to surpass the $30,000 price level. What can we expect from the month of August that is coming up and what already happened in 2023 so far. A short overview and analysis before we look forward to the next five months of the year. January and February After 2022 had meant […]
On October 2 of this year, the largest crypto trial in the US will start, namely the one against Sam Bankman-Fried and the implosion of his trading platform FTX. Celebrities like Tom Brady and Gisele Bundchen will be called to testify and many former customers wonder if they will ever see their money back. Politicians […]
Just as Bitcoin struggles to hang on to the $30k price level and has been going downhill in recent days, XRP on the other hand continues to rise ever since Judge Analisa Torres’ ruled last week in its favor. Analysts foresee increasingly higher price targets for the coin from Ripple Labs, while larger investors are […]
Kasper Vandeloock is a trader who already has quite a long history in investing and crypto, even though he is only 23 years old. He lost about 90% of his capital last year when FTX collapsed, but is now back to trading. With an investment fund of some $450,000 to back his trades, he restarts […]
Just now as the Chinese economy seems to be slacking, just now as many Chinese are converting their money into crypto in Hong Kong, just as crypto seems to be making a comeback in Asia, Hong Kong is plagued by highly innovative crypto scams. Not too surprising of course, but very unfortunate. The latest story involved […]
You may not have noticed it (unless you’re vacationing in New York or Miami), but the US dollar is losing ground against the Euro and other major currencies this year. Gold is also losing ground as a safe investment. Both see their market share as a safe haven investment slowly diminishing, and are losing ground […]
New York Judge Analisa Torres’ ruling this week in the SEC’s case against Ripple Labs (the company behind the popular cryptocurrency XRP) was good news for XRP. But it was actually even better news for Coinbase, the largest US crypto platform that was recently sued by the SEC for similar offences. Coinbase stock, which is […]
