Stay informed with our cryptocurrency news about everything that is going on in the crypto market. The CryptoTips team keeps you informed on a daily basis about the latest events, price analysis and interesting facts about the crypto market.
The Dutch tax authorities yesterday arrested one of the founders of the ZKasino platform, an online crypto website that went dark just two weeks after its founding following a suspected “exit scam”. The unnamed 26-year-old man who was arrested is suspected of fraud, embezzlement and money laundering of some 11 million euros. So happy they […]
Ever since a New York judge’s ruling, the company behind Tether, the largest stablecoin in the crypto industry, has been forced to publish a quarterly report every three months. As the stablecoin is the third largest cryptocurrency, US market regulators want to be assured that crypto investors can park their money in USDT with confidence. […]
The month of May started dramatically for Bitcoin, Ether and all other major cryptocurrencies. Just after nine o’clock yesterday morning, around the time the Asian markets close, a real sell-off began, with Bitcoin dipping below the psychologically important $60,000 mark for the first time in two months. Analysts think there is support in the zone […]
The launch of a first Asian Bitcoin ETF in Hong Kong was not really a great success after the first trading day. That fact probably set off alarm bells for many investors because Bitcoin fell to a level of $60,000 yesterday already and continues to drop today. Still a nice profit compared to the start […]
Because Bitcoin’s price is quoted in US dollars, it is mainly the strength of that currency that is currently impeding Bitcoin to climb to a higher level. Even more important is the fact that American inflation appears to be rising again which means an imminent interest rate cut seems further away than ever. Both the […]
Research agency Coinshares recently published its latest Digital Asset Manager report. This showed that the investment behavior of fund managers on Wall Street has changed significantly since the beginning of this year when it comes to crypto. Furthermore, a recent overview of where shorts and longs on Bitcoin are positioned also shows a change of […]
The low rate of the Japanese yen means that young Japanese people are increasingly investing large amounts in Bitcoin, whose price is quoted in dollars. For example, Bitcoin climbed 42% higher this year for Americans, and no less than 60% higher for Japanese. After the ‘kimchi premium’ from 2015 and 2016, we now see the […]
The biggest name to enter the world of crypto this year is undoubtedly BlackRock. The largest investment fund in the world officially started selling a crypto-related product on January 10 with the launch of their iBit fund, allowing the ‘boomer generation’ to purchase Bitcoin without opening a crypto portfolio. All they had to do was […]
The iconic ‘buy bitcoin’ message, written on an average yellow A4 notepad, which a visitor to the US Congress held up while Janet Yellen was being questioned, has been auctioned for $1 million. At a time when Bitcoin is going through a difficult few weeks, partly due to the consequences of the ‘halving-slump’ and the […]
Hong Kong is preparing to follow in the footsteps of the US stock exchanges with the introduction of a Bitcoin ETF. Meanwhile, investors from mainland China are driving the gold price to a record thanks to mass buying. At the time of writing, the largest digital coin is trading for $64,200. Gold and geopolitics Asian and […]
