A Cooling Trend in Crypto: Is the “Crypto Summer” Over? The Current Climate in the Cryptocurrency World Temperatures have cooled somewhat in the “crypto summer” we’ve been experiencing. However, don’t bet on a full-blown change of seasons. The past few months have seen a slowdown in the rapid price increases and frenzied trading that characterized…
Shiba Inu’s Struggle Continues Downward Spiral Oh, Shiba Inu, what’s going on with you? The popular cryptocurrency just can’t seem to catch a break as its value continues to plummet. At around $0.00001575, SHIB is struggling to stay afloat in a sea of red. The downtrend is evident, with lower highs being formed and no…
Japanese Game Developer gumi Inc. to Invest $6.6 Million in Bitcoin The Future of Cryptocurrency in the Gaming Industry Japanese game developer and publisher gumi Inc. has made a bold move by announcing its plan to invest one billion Japanese yen (approximately $6.6 million) in Bitcoin. This decision has caused quite a stir in both…
Let’s Talk Silver: A Quirky Take on Price Drops Silver Lining or Cloudy Future? So, did you hear the latest scoop on silver prices? According to FXStreet data, our beloved shiny metal took a bit of a dip on Wednesday. Silver, also known as XAG/USD in trader lingo, is now trading at $31.77 per troy…
Recent Breakout in Gold Prices and its Implications Overview Recently, there has been a significant breakout in gold prices, with the precious metal reaching an intra-day high of 2942. This surge can be attributed to a combination of factors, including trade friction and central banks increasing their gold purchases. China, for example, has been steadily…
Welcome to my quirky blog! Almar Latour Says Reliable Information is the Currency of Good Media So, I recently stumbled upon a quote from Almar Latour, the CEO of Dow Jones, and it really got me thinking. He said that reliable information is the currency of good media. And you know what? I couldn’t agree…
Fed Chair Powell’s Testimony Sparks Crypto Selloff: A Closer Look The Initial Reaction When Federal Reserve Chair Jerome Powell’s testimony hit the news, the crypto market experienced a sudden selloff. Investors were quick to react to Powell’s comments on inflation and interest rates, causing a temporary dip in the prices of popular digital assets like…
Litecoin’s 20% Price Surge: What You Need to Know Background Litecoin, one of the top cryptocurrencies in the market, has recently experienced a significant price surge of 20%, reaching $132 per coin. This surge comes at a time when the probability of a 90% ETF approval for Litecoin is high, along with strong technical indicators…
