When the first Silvergate bank went bankrupt in early March (some six weeks ago) everyone pointed an accusing finger to the world of crypto. Silvergate was very closely associated with the cryptosphere, especially Sam Bankman-Fried’s large FTX platform. A few days later, the first problems also started to appear at Signature bank and Silicon Valley […]
K33 Research is an analyst team from Norway that specializes in predictions for Bitcoin and other digital currencies. Given Bitcoin’s strength since the start of this year (Bitcoin went up some 70% in the first quarter of 2023) it’s no surprise that they’re very upbeat in their forecast for the biggest digital currency, but their […]
Elon Musk, the CEO of Tesla, SpaceX and now Twitter, is still a big fan of Dogecoin, as he revealed in his interview with the BBC last week. When asked who would take over Twitter (Musk had already stated that he would like a new CEO for Twitter by 2024) he replied that his Shiba […]
We’ve had quite a week again. Binance no longer found a banker in the US, Bitcoin broke through $30k smoothly, Ethereum got a technical upgrade that put it above $2,000, AI adjusted its year-end price forecast for Bitcoin and FTX suddenly recovered 7 billion dollars in customer funds. Meanwhile, all the lights are green for […]
The team of lawyers representing Sam Bankman-Fried, the founder and former CEO and also the crypto platform FTX itself has some good news for all those who lost money last year when this major American crypto player collapsed. The team at law firm Sullivan & Cromwell claims they recovered some $7 billion in assets. A […]
Last year, the most important technological upgrade in cryptoland was one done by the Ethereum blockchain, when it the transitioned from proof of work to proof of stake. The event was called “the merge” and introduced the global media to the technical aspects of crypto in August and September 2022. The transition, which drastically reduced […]
If there is one company that has gone all out on Bitcoin in recent years, it’s MicroStrategy, the organization around Michael Saylor. He became famous in the Dotcom crisis when he first won and then lost billions (Microstrategy’s stock went from $3,300 to $4, losing 99.99% of its value) and Fortune proclaimed him the “biggest […]
Americans are increasingly searching the internet for updated information about Bitcoin. The search term has now become so popular that it is consistently number one as the most searched term in most major states. In the last 30 days, only one person topped Bitcoin as the most searched term on two days only and that […]
Bitcoin broke above $30k during the night and so Edward Moya, the analyst we featured on Saturday, was right all along. He predicted that Bitcoin would break above $30k given that the Friday jobs report from the US would prove positive for stock markets. Meanwhile a wild theory states that Steve Jobs, the former CEO of […]
Crypto companies are finding it increasingly difficult to find bankers willing to do business with them in both the UK and the US. The latest victim is the world’s largest crypto company Binance, which used to bank with Signature and Silvergate. As both these banks collapsed during the March banking crisis, Binance needed to find […]
