There seems to have been a decoupling between tech stocks and crypto in recent weeks. Analysts argue that this means that Bitcoin has bottomed out while technology could go a lot lower. We look at the correlation between tech and crypto as Apple, Tesla and many other tech stocks continue to go lower. Correlation In […]
In 2010, Billy Markus and Jackson Palmer saw a picture of a Shiba Inu dog on a Japanese blog and decided to use the image for their newest cryptocurrency, called Dogecoin. The blog was created by Atsuko Satō, a teacher at a Japanese kindergarten who keeps posting new photos of her pets online. On the […]
Every year the American business magazine Forbes publishes a list of the richest people in the world. While we already know that Elon Musk will no longer be number one next year (After all, Bernard Arnault of LVMH did not pay 44 billion for Twitter and will more than likely take over that place), for crypto sites […]
The FTX scandal is far from over of course. The American media can’t stop talking about it since so many celebrities promoted Sam Bankman-Fried’s crypto platform and because he has by now been betrayed by his former girlfriend Caroline Ellison, CEO of Alameda and colleague Gary Wang, co-founder of FTX. Hollywood also seems to be […]
It’s the end of the year and newscasts everywhere are showing a 2022 overview. At the same time, there is also some forecasting to be done for 2023. While people are eagerly awaiting the FTX lawsuit in the US, expect further adoption for Bitcoin and Ethereum as CBDCs seem to be on the rise. Bitcoin […]
Even though the European Parliament is still recovering from the ‘Brangelina of Brussels’ scandal (also known as Qatargate) and realizes that its popularity has dropped, it also hopes to levy new taxes from the various European member states. One of them concerns crypto, as the Italian European Commissioner for Economic Affairs, Paolo Gentiloni, explained a few weeks […]
Even though Tesla CEO Elon Musk announced that he will be stepping down as head of Twitter once someone “crazy enough” to do the job is found, the social media platform continues to innovate and increase its presence almost daily as to number of users. One of the latest innovations is the support for live […]
Just like for most stock markets, 2022 was a real annus horribilis for the crypto exchanges and the prizes of most coins. The Latin term usually denotes a year marked by many disasters and denotes a difference from years gone by. Where the first quarter of 2022 still felt like ‘fair to good’, it went […]
Tesla boss Elon Musk asked his 120 million followers on Twitter earlier this week whether he should stay on as CEO of the social media platform as criticism of his methods as boss mounts. Dogecoin, which bet on crypto integration into Twitter, plummeted after it emerged that a majority of Twitter users thought he should […]
The full indictment against Sam Bankman-Fried, the founder of the now bankrupt crypto platform FTX, reads like a thriller. Now that it has become known how SBF (Sam Bankman-Fried) and Caroline Ellison, the CEO of sister company Alameda, cheated, we are ttruly amazed. Some highlights below. Exception In August 2019, the suit alleges, Bankman-Fried instructed […]
