Due to last Monday’s ultra-fast Bitcoin crash (which was caused by a sell-off in Asian stock markets), the largest digital coin posted its first ‘death cross’ of 2024 yesterday. A death cross is a technical pattern that usually indicates bearish momentum. It occurs when the 50-day moving average dips below the 200-day moving average. 🚨 […]
There have been 2 cases of scams involving so-called Trump meme coins this week alone, and as the US presidential election heats up, you can be sure that those won’t be the last. In both cases, Trump fans were urged to purchase these usually very cheap crypto coins. Once a large number had been purchased […]
A week once again seems like an eternity as Bitcoin’s volatility from 2020 and 2021 is back this summer. The ‘Black Monday’ crash seems to have been fully recovered as the largest digital coin climbed more than 20% in just a few days. Negativity gave way to hope as it becomes clear that whales only […]
Strong US jobs data as well as buyer’s appetite out of Asia pushed Bitcoin sharply higher again in the past 24 hours. At the time of writing, the largest digital coin is trading for $61,300. You could think that due to the so-called ‘Black Monday’ crash of the stock exchanges in Tokyo and Seoul, young Japanese […]
Bitcoin stabilized mostly thanks to comments from Shinichi Uchida, director of the Japanese Central Bank. He said his institution would do everything it can to restore calm to the Japanese stock market. Those comments were welcomed by Asian investors, which also returned to crypto markets. Stock markets and crypto are now waiting for similar comments […]
There is a lot of fear among crypto and stock investors after Monday’s fall, which was compared in Asia to the famous ‘Black Monday’ crash of 1987. Even the normally very serene Wall Street Journal had that as the title for one of their editorials . Social media was flooded with memes showing how much crypto-investors lost […]
Bitcoin (and especially Ether) crashed on Monday morning at the same time that the Japanese stock market index Nikkei 225 as well as the South Korean stock market index Kospi suffered a heavy blow. For Japanese traders, the stock market crash was so great that comparisons were made with the so-called ‘Black Monday’ of 1987. […]
Bitcoin fell to the $50,000 level on Monday morning as concerns about an impending war and economic difficulties only intensified over the weekend. Some AI chatbots however fear this is just the beginning of a bigger downfall. At the time of writing, Bitcoin is trading for $51,400. Japan’s Nikkei 225 stock market dropped by 12% […]
The big downside of that so-called ‘Bitcoin ETF’ effect, is that when things go badly on Wall Street, it has an immediate effect on the prices of all major digital currencies. The threat of a regional war in the Middle East (Israel against Lebanon and Iran) and a bad US jobs report (and therefore fears […]
If you’re an investor, there are some words that you don’t want to see popping up too much in the press. I think of terms such as fraud, insider information, bubble, inflation and of course the one that causes the most fear: recession. Although analysts are falling over themselves to declare that a stock and […]
