Bitcoin on 19 of August dropped by 6% from $25,000, bringing the price down to $22,000, and reaching the lowest price since 13 May. The dust has settled a bit, and the price seems to have stabilized at around $21,000, but crypto analyst “il Capo Of Crypto” says the downward trend may be far from […]
Before the selloff of this morning Dogecoin, the original memecoin, was having a great month. Although it is far off it’s All-Time-High reached last year of some 70 cents (about a week before Elon Musk presented Saturday Night Live), it does seem to have set a bottom as of late and is trying to reach […]
Back in June, looked like the world was collapsing on Ether and all the other crypto coins. Vitalik Buterin’s coin was pushing to a 2-year low of $880. Since then, it has seen six consecutive weeks of gains, mostly because of rumors surrounding the merge, the infamous date when Ethereum will switch from proof-of-work to […]
Do you have to HODL all your life in order to gain a significant sum? Apparently not as a so-called Genesis Whale (a holder of a large amount of coins who bought at the ICO, the initial coin offering) held on to his Ethereum for less than 8 years and now sold his stash for […]
The power of many small investors grouped together was shown in the beginning of 2021 when a Reddit forum called WallStreetBets outsmarted a New York hedge fund (causing losses of around $7 billion a month) and made the GameStop stock shoot up hundreds of percentage points, causing a small revolution. Now, as victims of the bankrupt […]
A week ago, Wall Street analysts were dumbfounded. For some reason, Bed, Bath & Beyond stock was up some 45% in just a few days. There was no announcement from the company, no warning from banks, no changed buy recommendation. Until someone took a look at the forum of WallStreetBets, the group of small investors […]
Bitcoin rose for a third straight week and is close to breaking the $25k barrier. It comes after a week in which BlackRock, the largest asset management firm in the world, announced both a partnership with Coinbase and the launch of a spot bitcoin private trust (which will be offered to private institutional clients). The […]
In the past few weeks, Ethereum (up 15% this week) seems to be on a roll. With the date of the Merge now set at 15 September, investors are snapping up Vitalik Buterin’s coin whenever they see a slight drop in price. Whereas we pointed out about a month ago that Ethereum needed to hang on to the […]
Normally crypto winter is said to last between six to eighteen months. However, as US inflation has passed it’s peak (at least according to Elon Musk), several major US media outlets now believe that Bitcoin and Ethereum’s wintery moments are over and things will go up again. An overview. Bottom is in Time magazine believes that the […]
Coinbase’s IPO in April of last year marked a first peak for the 2021 crypto market. Things have clearly been going downhill since then. From greater than anticipated competition from other platforms (think Binance) to scandals surrounding top executives selling stock options, the San Francisco company saw it’s share price plummet. This Tuesday after announcing […]
