Cryptocurrencies explode into a bubble
During the last month the market cap of all cryptocurrencies exploded by a factor of three and since the beginning of this year it shot up almost tenfold. This is a digital ten bagger! What is a cryptocurrency or a coin? It is a form of digital “money”. Bitcoin was the first coin and others […]
Bitcoin’s strange dance near its all-time high
Bitcoin is nearing its all-time high again and everyone in the cryptocurrency markets is wondering what is going on here… The daily chart shows the erratic reaction to the SEC decision to disapprove the ETF of the Winklevoss twins. After that, the price came back astonishingly for a few days, but fell again to new […]