Bill Gates is not a fan of cryptocurrencies or NFTs. Speaking to TechCrunch on climate change on Tuesday, the billionaire Microsoft co-founder described the phenomenon as “100% based on the theory of the biggest fool”, referring to the idea that these overpriced assets would go up in price when they exist. several investors willing to […]
Tag: Cryptocurrencies
Get ready for a two-year ‘winter’ in cryptocurrencies
By Jeff Kauflin Cryptocurrencies are famous for their extreme price fluctuations. In their short history they have spent many “hot summers” followed by a cold, long winter. The most recent “heavy winter” began in early 2018 and lasted about two and a half years. In the last three months – and as US inflation has […]
New 18-month low ‘touched’ Bitcoin
LAST UPDATE: 11.57 Bitcoin fell to a new 18-month low on Wednesday, dragging smaller cryptocurrencies with it, causing a sharp drop in the cryptocurrency market caused by the freezing of Celsius cryptocurrency exchange customers’ withdrawals. According to Reuters, the world’s largest cryptocurrency fell as much as 7.8% to $ 20,289, its lowest level since December […]
Forex Today: Euro jumps on ECB news, dollar awaits Fed rate decision
This is what you need to know to trade today Wednesday June 15: The news that the European Central Bank (ECB) will hold an ad hoc meeting of the Governing Council to discuss current market conditionsspecifically the drop in bonds, has caused a rally in the common currency at the start of the European session […]
What (bad) does the ‘massacre’ in cryptocurrencies mean for the shares?
Massive sell-offs in the cryptocurrency market on Monday, as many major exchanges either stopped trading or announced layoffs, and while Bitcoin was falling to its lowest level in 18 months. What is to be born? Analysts warn that the ongoing “massacre” in crypto will put intense pressure on the financial markets. Bitcoin slipped 17% on […]
Bitcoin fell just under $ 21,000 as cryptocurrency sell-off continues
Bitcoin fell slightly below $ 21,000 on Tuesday before recovering slightly, widening yesterday’s losses as cryptocurrency sell-offs continued. The world’s largest cryptocurrency has fallen 11,235 in the last 24 hours to $ 22,922.5, according to investing.com. At the same time, Ethereum is down 10.81% and is moving at $ 1,228.98. “Everything is on fire right […]
Bitcoin: Raises part of losses beyond $ 22,000 as cryptocurrency sell-off continues
LAST UPDATE: 20.30 Bitcoin fell as much as 11% below $ 21,000 on Tuesday, to offset some of the subsequent losses amid continuing cryptocurrency sell-offs. The world’s largest cryptocurrency has fallen 3.17% in the last 24 hours to $ 22,403, according to the Coin Desk. At the same time, Ethereum is down 1.26% and is […]
Losses for Bitcoin and Ether in the wake of US inflation data
Bitcoin and Ether fell today amid a wider decline in cryptocurrencies in the wake of data showing that US inflation has reached a new 40-year high, according to Bloomberg. Ether fell as much as 5% to $ 1,445.56 (currently moving up to $ 1,456), the lowest level since March 2021, while Bitcoin fell to $ […]
Cryptocurrencies: ApeCoin owners vote against abandoning Ethereum blockchain
The owners of ApeCoin have decided to keep the digital currency, which is considered a “key” factor for exclusive products and deals in the “meta-universe” space in the Ethereum blockchain, despite the high transaction fees on the network. About 54% voted against leaving the Ethereum network, according to Snapshot, according to Bloomberg. Holders of about […]
Forex Today – Asian Session: Calm Before the ECB Storm
What to watch for on Thursday, June 9: Trading was choppy across the currency board, with most of the major pairs holding at known levels, except for the USD/JPY pair, which rose to a fresh 20-year high of 134.47. The imbalance between the US Federal Reserve and the Bank of Japan boosted the pair, as […]
