XRP broke through the $2 level this weekend and has been the undisputed winner in recent weeks ever since the announced departure of Gary Gensler, the head of the SEC who filed a lawsuit against Ripple Labs. In the past month alone, XRP won well over 300%. Although the growth of Bitcoin and the overall […]
Thanks to their fabulous marketing machine called Justin Sun, cryptocurrency Tron is one of the rising stars of 2024. With steady growth, Tron has firmly taken its place in the top 15 of CoinMarketCap. Thanks to a financial injection of 30 million dollars into the Trump family’s new crypto platform, CEO Justin Sun is (probably) […]
Bitcoin continues to find it impossible to break through the mythical $100k barrier apparently. Within the top twenty of CoinMarketCap, it is noticeable that the ‘American’ coins XRP, ADA and Stellar (after a small correction on Monday which mainly affected the latter two) are closing out another fantastic week. The rise of XRP in the last month […]
In each of the three largest economies in the world, there is now a stock-quoted company that has a very simple business plan: buy as much Bitcoin as possible. In the United States it is Michael Saylor’s MicroStrategy, in Japan it is MetaPlanet and in China they now have cloud-computing company SOS Ltd (which is […]
Although Toncoin, the official cryptocurrency of the social media channel Telegram, has increased by about 20% in the last seven days (the cryptosphere profited from a ‘bounce’ yesterday just as Bitcoin found strong support at the $93,000 level), it still seems to me that this one is the big loser of this crypto bull run. […]
Ever since this weekend, Bitcoin has been trending lower (and dragging the rest of the major crypto coins down with it). Yesterday I briefly saw $91k in the afternoon and at the time of writing the largest digital currency is trading around $93,300. Analysis Is this the start of the dreaded ‘Blow-Off top’ or are […]
This past weekend, some crypto commentators didn’t seem to understand why XRP (published by Ripple Labs), XLM (developed by Jed McCaleb) and ADA (founded by Charles Hoskinson) were the major winners in the CoinMarketCap top 20 over the past few days. However, you don’t have to look far to find the reason for this. Speculation […]
When my wife and I took an Uber this weekend for a restaurant visit with a befriended South American couple, the driver started talking about Bitcoin during the ride. My usual reaction was one of: that’s quite nice, until I thought back to the famous ‘Wall Street Cheat Sheet’ and I pondered on how far […]
Last Friday, Bitcoin was within an inch of reaching a price of $100,000. Because many traders had set automatic sell orders at that mythological price limit, there is a bounce back once that level is almost reached. Back in April and May of this year, Bitcoin tried to break through the $70,000 level several times, […]
A new day comes with a new record for Bitcoin this week. At the time of writing Bitcoin has another new ATH, this time it’s $99,000. Unfortunately, rug pulls are nothing new for the world of crypto. An influencer creates a cryptocurrency, promotes it on social media and then sells most of the coins when the […]
