After four new days of flat consolidation, Bitcoin seems to be in the process of regaining some volatility. This long lateralization could result in a powerful fall in the coming days. A daily situation that leans towards a decline The daily situation of Bitcoin (BTC) remains difficult to analyze. Indeed, BTC is still in its […]
Over in the US, there are a few economic dates that will matter later this month. Over in Europe, there’s one later this week (ECB meeting on Thursday). While the cryptosphere waits for the impact of these economic numbers to translate into prices for Bitcoin, Ethereum and other currencies, there is one market within crypto […]
In case you haven’t noticed, Ethereum is up about 50% in a week. Ever since it was finding support on the $1,000 price line, it has been on a tear. Now, legendary Wall Street trader Peter Brandt, has claimed he finds the recent upswing questionable. Given that investors tend to follow Peter’s advice, we take […]
Norwegian Espen Uhlen Jørstad lost 1 million dollars when Luna crashed but gained about 10 million afterwards. Meanwhile a conspiracy theory about why YouTube is allowing so many Elon Musk crypto scams on its site is gaining steam. Idiot from Northern Europe Never a dull moment in the cryptosphere. While we were witnessing a possible […]
Earlier this week, the troubled Celsius Network filed for bankruptcy. While creditors can now finally start the long process of hoping to recuperate any of their investments with the firm, although it won’t be much, the bankruptcy spells trouble for Bitcoin miners. Meanwhile the price of Bitcoin seems to have found support around the $20k […]
You may think that with Bitcoin trading in the $19k to $21k for almost a month now, all the news is bad. However there is light at the end of the tunnel. Although both crypto and stock markets remain bearish at this point and are anxiously awaiting what the Fed and the ECB respectively will […]
Earlier this week, the CPI (Consumer Price Index) figures released in the US showed that the countrymen of Uncle Sam are dealing with price rises of around 9.1% year on year. In Europe, annual inflation is expected to be 8.6%, up from 8.1% in May according to a recent flash estimate from Eurostat. For some […]
The tale of Mount Gox is for the cryptosphere what the Old Testament is for Catholics, or something of that sort. The first major Bitcoin exchange of it’s kind was based in the hippest part of Tokyo, Japan, namely Shibuya. Only 4 years old, by the beginning of 2014 it was responsible for the trades […]
While the trajectory upwards to the $1,400 resistance level seemed open for Ethereum last week, the last few trading sessions did not produce the result that many investors were hoping for. Therefore, the threat of a further fall below the $1,000 price line, which functions as a major support, is still very relevant. With the […]
Whoever has a Bloomberg terminal (direct access to Bloomberg) pays a pretty penny for their stock market quotes and related news, and can therefore mostly be seen as a serious investor. With that in mind, you could say that whenever Bloomberg MLIV Pulse survey comes out, you tend to get a reading on the mind […]
