Apparently a prison in Brooklyn isn’t as luxurious as his parents’ California mansion. Sam Bankman-Fried, the former founder and CEO of major crypto site FTX, was transferred to a federal prison two weeks ago after breaking the terms of his house arrest. He is now suing the prison regime through his lawyer. The American media […]
Amidst all the economic doom and gloom over high interest rates, high inflation and panic on the crypto and stock exchanges, there is also a new mystery to be noted. Virtually unheard of, a single crypto wallet climbed to become the third largest holder of Bitcoins in just a few months, with assets currently valued […]
This week’s economic calendar (we are still in August) looks very busy and American all of a sudden. It comes just after we closed out the worst week for crypto since the fall of FTX last year. The question that is therefore on everyone’s lips is the following: is volatility back for crypto markets (and […]
After a lousy week for both exchanges and Bitcoin, it was time for contemplation and rest this weekend. As the largest digital coin moved between $25 and $27k, I took a look around to see if I could find the culprit for this renewed volatility in stocks and crypto. Many analysts point to the ticking […]
Elon Musk, normally one of crypto’s biggest cheerleaders, was blamed for a Bitcoin crash this week after it was revealed that SpaceX, one of his companies, had written off $373 million from its accounts through the sale of Bitcoin. However, no one knows whether Musk made a profit or a loss on that trade, as […]
Judging by yesterday’s newspaper headlines, it sounded like the world was collapsing for Bitcoin. That’s weird because the largest digital coin is actually trading at the same level as when Blackrock announced they were going to apply for a Bitcoin ETF, in other words on June 15th of this year (or some two months ago). There […]
The expectation that the Federal Reserve will have to keep interest rates in the United States high for an extended period of time has put pressure on the stock markets this week. As Bitcoin continues to move in tandem with tech markets this year, the price of the largest digital coin dropped below $27,000. Other major […]
Just when you think August is getting boring, this happens. Although crypto prices and the stock markets are in summer mode, some well-known analysts are taking a contrary position. Dave the Wave’, the well-known crypto analyst who has some 140k followers on X (formerly Twitter), foresees a serious drop of the Bitcoin price. Legendary investor […]
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According to documents released for one of the many legal charges against him, former president of the United States Donald Trump has already collected almost half a million dollars in crypto. Interestingly, it is not Bitcoin but Ether. He probably earned this through the sale of his NFT collection last year. His wife Melania Trump […]
