A $1 billion Bitcoin just moved, sending shockwaves of excitement through the world of cryptocurrency. This movement lit up the rumor mill and raised questions about the origin of the money and aims of the transfer. More than 80,000 Bitcoin, valued at around $9 billion, were transferred from wallets that...
Meanwhile, the region’s awakening to crypto is about to face its biggest test. Never mind the meme coins with their delusions of grandeur and instant wealth. The recent $9 billion Bitcoin transfer associated with the notorious MyBitcoin hack is an all-too-clear reminder that the Wild West days of crypto aren’t...
Now that the digital dust has settled, the aftertaste left in the mouth of many Southeast Asian investors is a sour one. PEPE, the latest frog-faced meme coin that was going to make everyone rich has cratered, reversing course by a solid 6%. While the Relative Strength Index (RSI) hovers...
The often contentious world of cryptocurrency discourse is divided on the issue. Just a few weeks ago, The Economist published a prophetic call for Bitcoin’s valuation to crash. Their analysis indicates that Bitcoin is highly overvalued. This statement has sparked a contentious argument between cryptocurrency proponents and traditional economic experts....
In addition to its environmental challenges, cryptocurrency is known for its extreme market volatility. Meme coins, propelled by these passionate online communities, can experience even greater and more pronounced swings in value. Last week, PEPE—the latest mega-popular meme coin—was in a confirmed bearish trend. This dip follows an overall correction...
Henrik Zeberg calls it a bubble. He sees a Dot-com repeat. And he casually tosses off terms like “expanding diagonal” and “bearish RSI divergence”. To be frank, I think he’s missing the boat on all of this. The real crypto revolution is happening today and right now in Southeast Asia....
Alright, let's talk about PEPE. Down 6% to basically nothing. That's concerning, even in crypto. We’re witnessing the MACD histogram starting to paint a bearish picture, indicating more selling pressure ahead. Now wait a minute here, the Stochastic indicators are screaming oversold, and we’re bouncing off that lower Bollinger Band...
Henrik Zeberg has made the case recently that Bitcoin is a bubble—arguably the 21st-century tulip mania. His proposals are already generating the crypto-enthusiasm and doomsaying buzz you’d expect. Let’s unpack this a bit. Zeberg makes some good points, but misses many important nuances that would help differentiate panic selling from...
Cathie Wood, CEO of Ark Invest is famous for her predictions, or should I say pre-cactions. Among Ms. Wood’s longer-term calls, her much-discussed prediction that Bitcoin will hit $2.4 million by 2030 certainly stands out. This roadmap vision has turned heads and caused a bit of a frenzy among investors...
Cathie Wood believes Bitcoin will reach $2.4 million? That’s the headline grabbing everyone's attention. But before we get caught up in the hype, let's be real: what does this actually mean for Southeast Asia? Smirking at us all as we all abruptly start quenching ourselves with coconut water from the...