Cryptocurrency has become increasingly popular over the past few years since many people now invest in the digital currency as a means of making money. However, the rise of cryptocurrency has also increased fraudulent activities which include the “pump and dump” scheme. In this blog, we will explore Crypto Pump and Dump Schemes and offer advice on how you can avoid getting caught up in them.
If you follow Bitcoin’s price you might have noticed that more or less every four years its price shoots up before correcting back down. This is due to a supply shock. In this article we explain what that is and what causes the Bitcoin supply shock.
The next big Ethereum update is almost upon us, and it could have a big impact on the price of ETH. Recently Ethereum has successfully transitioned to Proof of Stake (PoS), but the merge did not initially allow validators to withdraw their staked ETH. However, the upcoming Shanghai upgrade, previously known as EIP 4895, will finally allow for these withdrawals, and it is tentatively scheduled to take place in March 2023.
Fidelity has claimed many times that Bitcoin could be worth $100 million by the year 2035. We do the business case of that claim by looking at Bitcoin Supply Vs Demand and try and understand where that projection comes from and how does Fidelity gets to what seem a very high price target.
Bitcoin’s yearly low prices have been grabbing headlines in the past few weeks. Prices have dipped below $16000, which has caused a lot of concern among Bitcoin investors. However, it’s important to remember that Bitcoin has seen such drops before and looking at the yearly lows instead of the All Time Highs (ATH) can help stay level-headed and better see the macro trend.
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