In Turkey, many people buy Bitcoin to, let’s be honest here, escape President Recep Tayyip Erdoğan’s rather experimental trend of setting interest rates to control inflation. Erdogan often disagrees with central bankers and economy ministers and therefore has his own way of doing things. This has led to sky-high inflation and an impoverishment of the local population, who have therefore been […]
The clock is ticking and the rats are leaving the sinking ship. In New York this week, Ryan Salame, the former co-CEO of the FTX branch in the Bahamas (where Sam Bankman-Fried was arrested), pleaded guilty. He thus becomes the fourth person from the former FTX board of directors to plead guilty. The pressure on […]
Bitcoin is very boring again and seems to be waiting for some news on interest rates to change direction. In the United States the crypto crowd is counting down towards the FTX process which will start in a few weeks and in the meantime the New York Times calculated who the real winners were from […]
Things are not going well for Sam Bankman-Fried, the former billionaire and founder of FTX, the third largest crypto site in the world until last year. Sam is in jail in Brooklyn, has no access to vegan food or medication for ADHD, only gets access to a laptop for a few hours a day and […]
Come to think of it, I write very few stories about Tether, although it is the third largest cryptocurrency if you look at it in terms of market capitalization. That is of course because Tether is a stablecoin that does not or hardly ever moves even a cent. Traders use Tether to have a place […]
Mid-August, Bitcoin rose to a record high in Argentina after the first round of presidential elections (in which parties mainly present their candidates) resulted in a surprise victory for right-wing populist and Bitcoin fan Javier Milei. Three weeks later, the largest digital currency continues to trade around the same level as it becomes clear that […]
Things are not going well for Worldcoin, the newest project of Sam Altman, CEO of OpenAI (the company that developed ChatGPT). Sam thought everyone would be lining up to have their eyeballs scanned in order to access a digital wallet containing worldcoin. However, just as we predicted from the beginning, people are not quite ready […]
Things are not going well for Worldcoin, the newest project of Sam Altman, CEO of OpenAI (the company that developed ChatGPT). Sam thought everyone would be lining up to have their eyeballs scanned in order to access a digital wallet containing worldcoin. However, just as we predicted from the beginning, people are not quite ready […]
The euphoria after Grayscale’s positive lawsuit against the SEC last week was flushed on Friday after it emerged that September, traditionally a very bad month for Bitcoin, exchanges and crypto, had begun. Investors are nervously awaiting this month, which will show whether the Federal Reserve is finally done with its rate hikes or whether inflation […]
Bitcoin Cash rose the fastest after the judge’s ruling in the case between Grayscale and the SEC this week. In fact, Bitcoin Cash has secured a good 70% in the past three months. Bitcoin itself (i.e. the original) fell about 5% over the same period, from $28k to about $25.7k at the time of writing. Why […]
