Although it was mainly a positive week for crypto, there was also some bad news, especially on Halloween and the first day of November. Bitcoin fell to $69,000 on Thursday because of crypto profit-taking, but climbed back above $70,000 on Friday. At the time of writing, Bitcoin is trading for $69,600. MicroStrategy wants to buy $42 […]
Exaclty one week after we announced it, the time has indeed come. Bitcoin’s daily chart shows a new ‘golden cross’ thanks to the rise above $72,000 earlier this week. This means that the months of November and December could possibly become a lot of fun for crypto investors. ETF As we said on October 24: […]
Uptober 2024 (eventually) did what it promised and steered Bitcoin near the all-time high again. It is quite possible that at the time of writing, the price for one Bitcoin has already broken the fabled All Time High of $74,000 on one or another trading platform. In any case, it doesn’t seem like it will […]
Just as Bitcoin soars above $70,000 for the first time since June of this year, the crypto market is ready for a new boost and a possible jump to a new record. Uptober is well underway, with a gain of more than 14% for the largest digital coin this month already. The quarterly results of […]
Bitcoin soared in the beginning of the week to hit $71k again as the cryptosphere finds a positive note again now that we’re counting down to the US election on 5 November. Investors believe that no matter who wins, Bitcoin will touch a new record soon. Metaplanet, a Japanese company which we covered in July of […]
Software giant Microsoft has never been a big fan of Bitcoin, but their shareholders apparently think otherwise. In December, Microsoft’s shareholders will decide during the annual meeting whether the company will add Bitcoin to the balance sheet, just like Tesla and Microstrategy have done in the past. US authorities have launched an investigation into the […]
The Chinese economy isn’t humming like it used to. After Beijing decided to close its borders for longer than other major economies during Covid, China fell behind the United States and several countries in Europe in terms of growth, exports and development. Even though their growth is greater in percentage terms, they ran into problems […]
The polymarket platform (which is not accessible in the United States and several countries of the European Union) is just about the trendiest URL of the moment. You can place bets on just about anything and pay in crypto (via the Polygon blockchain). The New York Times, Fortune, the New Yorker and CNBC have all discussed it in […]
A somewhat strange theory claims that Bitcoin has not set a new record in the last seven months because gold is setting new records all the time. As strange as that sounds, there is some logic to it. Hear me out. Tandem Gold and Bitcoin moved virtually in tandem before the year 2020. When the […]
Every Wall Street investment fund director is likely to read an article about Bitcoin’s latest golden cross in their printed copy of the Wall Street Journal or the Financial Times next week. Even the New York Times could write about it. Analysts expect Bitcoin to post a new golden cross on its daily chart sometime […]
