Crypto Bulletin – Week 267
The strong start to the year has continued for bitcoin and the overall cryptocurrency market over the past seven days. At its peak a few days ago at $23,350, bitcoin was up nearly 50% from its 2022 low. Bitcoin has managed to establish itself as one of the most enticing investments globally, outperforming other major asset classes.Read more >
Crypto Bulletin – Week 266
It was the price action in the markets that caught the eye over the past week. Unlike the many times this has been the case in 2022 however, it is fortunately for the right reasons! The cryptocurrency market has had a promising start to the year by reaching a market capitalization of $1 trillion for the first time since November of the previous year.Read more >
Crypto Bulletin – Week 265
Finally some encouraging signs in the crypto market. Bitcoin managed to break through its tough resistance at $17,000, with the price furthermore closing above the 30- and 50-day moving average for five consecutive days. The price had not completed a day above the latter since November 7th. As the aftermath of the many bankruptcies of major players in the crypto industry fades, the chances of having truly hit the bottom of the bear cycle look good.Read more >
Crypto Bulletin – Week 263
Sam Bankman-Fried, the former CEO of the FTX exchange who was extradited to the U.S., has finally been released on a $250 million bail. The man was allowed to await trial with his parents in a deal described by prosecutors as the “highest pre-trial bail ever”.Read more >
Crypto Bulletin – Week 261
After two gloomy weeks in terms of both news and market action, the one that just ended for the Rivemont Crypto Fund was, on the contrary, full of twists and turns. In addition to the breaking of an important resistance for the bitcoin price in the vein of lower than estimated CPI data in the US, it is still the shockwave of the FTX exchange bankruptcy that is causing the ink to flow.Read more >
Crypto Bulletin – Week 260
t’s been a particularly quiet week in the cryptocurrency world, both on the news and market side. Quiet, but nevertheless strange. Indeed, after the collapse of FTX, its former CEO Sam Bankman-Fried is practically on a media tour at the moment, confusing his flattest apologies with explanations that are, to say the least, wacky about the reasons for the company’s collapse.Read more >
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