Crypto
Bitcoin has become a symbol of extreme volatility and profitability in recent years. Its value often resembles a wild roller coaster ride, soaring one day and plummeting just as quickly the next. In the long term, however, bitcoin remains one of the most profitable investments, used by many investors as a key tool to secure their wealth in the d...
At the beginning of the second week of August, stock markets experienced significant declines, causing concern among investors. Stock values were in considerable negative territory and analysts were quick to compare the situation with the last financial crisis. However, on Friday 9 August, the situation changed: the S&P 500 index had already...
US politicians are now overreaching on the issue of bitcoin in strategic reserves. Bitcoin mining reached new records, ether ETFs had their first week and USDT issuer reports record profits. We bring you another weekly roundup in cryptocurrencies. At the Bitcoin 2024 conference in Nashville, Donald Trump gave a long-awaited speech that lived ...
VanEck predicts that the price of Ethereum will reach $22,000 by 2030. This is a result of the changing influence of ETH and the expected revenue for token holders. An ETF for Ethereum has been approved, which will allow investors to hold ETH through qualified custodians. VanEck sees Ethereum as a potential disruptor to traditional financial ...
In 2021, El Salvador became the first country in the world to adopt bitcoin as an official currency. The move brought the Central American country not only profits and international attention, but also criticism. However, the main expected benefits are still missing - investors are still shunning El Salvador and locals continue to rely on the US...
In recent days, we have witnessed turbulence in the cryptocurrency market, especially when it comes to Bitcoin. Its value has been plummeting to the $62,000 level, a significant drop of more than 10 percent in a single week. This fall is in response to the recent decline in US stock indices, which have fallen by units of percent. This developmen...
Cryptocurrencies are often seen as store of value, especially Bitcoin, which is designed as an asset with growth potential. Yet there is a risk of financial loss. The growing interest in cryptocurrencies, particularly Bitcoin, is partly due to the authorization of bitcoin spot ETFs in the US. This event has far-reaching implications for the cryp...
Bitcoin experienced another decline earlier this week, but from a technical standpoint, a sideways consolidation is still underway and will likely last for a few more days. The consolidation is not a negative thing; on the contrary, it is setting the market up for a continuation of the current trend and creating a market equilibrium, which may l...
The administrator of the fallen crypto exchange has decided to sell two-thirds of its stake in the promising startup Anthropic for $884 million, allowing it to pay off former clients. The story of the bankrupt FTX exchange, which began in October 2019, will come to a head with a captivating ending. The villain, founder Sam Bankman-Fried, is behi...
