Cryptomarkets are know for their volatiliy and the latest development is the best illustration for what it means in practice. On January 22, Bitcoin fell to $34,500 before rebounding slightly to weekend’s $36,300. The optimism has been short-lived, however, as the leading cryptocurrency has now dropped to $33,707. Why are cryptomarkets falling? As with every…
Crypto market update Bitcoin tried its hand at decisively reclaiming $44,000 but failed and sits just below it as of now. Most altcoins produced also significant gains and thus it seems that the crypto market cap bottomed at just over $1.850 trillion on Monday. However, it has increased by more than $200 billion since then…
Welcome to our weekly brief. Here you will find an overview of main events and news from last week and expected events for week 02. Fundamentals and expected events: week 02 Crypto markets: The crypto market had lost around $230 billion in the first week of 2022, falling from $2.25 trillion on December 31, 2021,…
Crypto market update Crypto market tumbleded and most digital currencies experienced a flash crash, including Bitcoin, Ethereum and others. The slide was driven by fear-induced market selling due to notes from the U.S. Federal Reserve’s December meeting, which indicated that the central bank could hike interest rates as soon as this March. Another blow came…
Crypto market update Market leaders Bitcoin and Ethereum are still trading somewhat sideways. Ethereum has outperformed Bitcoin as to recovery rate since the drop from Jan. 1, and is trading above $3,800 now. Bitcoin, meanwhile, has only recovered less than 1% over that same time and is trading at above $46,600 at press time. It…
Welcome to our weekly brief. Here you will find an overview of main events and news from last week and expected events for week 01. Fundamentals and expected events: week 01 Crypto markets: Continued money printing by central banks, which has helped kick-start long-unprecedented inflation, has also boosted new class of assets – cryptocurrencies –…
Welcome to our weekly brief. Here you will find an overview of main events and news from last week and expected events for week 51. Fundamentals and expected events: week 51 Crypto markets: The latest fears prompted by the new COVID-19 variant pushed all global market as well as crypto markets down again. BTC dropped during…
Here you will find our daily update, which will provide you with all the main information and events on the crypto markets for the previous day. Crypto market update After a sudden massive crash to $56,000, Bitcoin has bounced off and reclaimed back the level of $60,000. Most altcoins have marked fresh gains as well,…
Here you will find our daily update, which will provide you with all the main information and events on the crypto markets for the previous day. Crypto market update After retracing from last week’s all-time high at $67,000, Bitcoin lost more than $7,000 in days and dumped below $60,000 several times. BTC reached above $63,500 but…
Welcome to our weekly brief. Here you will find an overview of main events and news from last week and expected events for week 42. Fundamentals and expected events: week 42 Crypto markets: The SEC (U.S. Securities and Exchange Commission) has authorized the launch of the first Bitcoin ETF in the United States by ProShare,…
What is everything bubble? The bullish trend seen over the last 10 years roughly corresponds to the growth that caused the bubble to burst 20 years ago. So there is a chance that we are in what is known as a bubble of everything. But every bubble has to burst at some point. Is there…
Welcome to our weekly brief. Here you will find what is going on on the markets and what are expected events in week 23. It should help you with jumping back on track. Fundamentals and expected events: week 23 Crypto markets: Cryptomarkets are not able to break out of the bear trend. Bitcoin received another…