In early March 2024, Bitcoin finally did it — surpassing $70,000 for the first time in history.After months of speculation and a series of institutional inflows into spot Bitcoin ETFs, the world’s leading cryptocurrency entered price-discovery mode once again. The rally was fueled by: Strong ETF demand from both U.S. and European investors, Expectations of Federal Reserve rate cuts later…
From Chaos to Confidence: The Crypto Comeback of 2023 After the turbulent collapse of several crypto institutions in 2022, the year 2023 began under the shadow of skepticism. Many believed the digital asset market was entering a long winter. But instead, 2023 became the year crypto regained credibility — and profitability. “Crypto didn’t just survive 2023,” says Clara Tan, senior…
A Turning Point for the Crypto Industry Between August and October 2023, the crypto world was glued to one of the most significant legal events in its history — the trial of Sam Bankman-Fried, founder of FTX.Once hailed as a visionary, SBF faced multiple charges of fraud, misappropriation of customer funds, and conspiracy, after the exchange’s spectacular collapse in late…
A Political Shift With Global Financial Consequences The summer of 2023 brought one of the most geopolitically significant moments of the decade: the BRICS Summit in Johannesburg, South Africa.The group — originally Brazil, Russia, India, China, and South Africa — announced a historic expansion, inviting new members such as Saudi Arabia, the United Arab Emirates, Egypt, and Argentina. Behind the…
A Wake-Up Call for the Crypto Industry In early May 2023, the cryptocurrency world was shaken when Binance, the world’s largest crypto exchange, temporarily suspended Bitcoin withdrawals twice in one day.The reason? An unprecedented surge in network congestion caused by a record number of pending transactions — over 400,000 unconfirmed blocks — pushing transaction fees to their highest level in…
February 2023 will be remembered as one of the most turbulent months in modern crypto history.The U.S. Securities and Exchange Commission (SEC) launched a series of actions against major crypto exchanges and staking platforms, claiming that several digital assets were unregistered securities. This political move — presented as “investor protection” — immediately triggered a wave of panic in global markets.Within…
From Euphoria to Reality The year 2022 marked one of the toughest periods in the short but eventful history of cryptocurrencies.After the euphoric highs of 2021, when Bitcoin flirted with $70,000 and new altcoins flooded the market, 2022 reminded everyone that speculation without fundamentals can’t last forever. Rising inflation, tightening monetary policy, and declining risk appetite across global markets triggered…
The Rollercoaster Months of 2022: A Test of Nerves for Crypto Investors The late months of 2022 brought renewed volatility to the cryptocurrency market. Bitcoin, which had struggled to stay above the $20,000 mark, faced additional pressure as global central banks intensified their tightening policies. The U.S. Federal Reserve and the European Central Bank both raised interest rates again, sending…
The bitcoin price has reached a new record high, breaking through $68,000, and analysts predict that the world’s best-known cryptocurrency will rise further in the coming weeks. This beats the previous record high set in late October, when bitcoin reached nearly $67,700 before falling back again when investors discovered a new cryptocurrency, shiba inu. Other cryptocurrencies have also risen to…
Coinbase Global Inc. shares surged above the reference price that was set by the Nasdaq. Shares of the San Francisco-based cryptocurrency exchange, which trade under the ticker COIN, opened for trading at $381 apiece, giving the company a valuation of about $99.5 billion. The Nasdaq set a direct listing reference price of $250 per share, or a $65.3 billion valuation on a fully…
Bitcoin (BTCUSD) may have received its biggest backer yet. Electric car maker Tesla, Inc. (TSLA) has invested $1.5 billion in Bitcoin and will soon begin accepting payments for its cars in Bitcoin “subject to applicable laws and initially on a limited basis,” according to its filing with the Securities and Exchange Commission (SEC). The company stated that the purchase was made after a…
