Gaurav Nair of Jaltech: Analysing the Crypto Crash – why this could be an excellent buying opportunity
The Crypto Crash, which has seen prices drop sharply in the past week, has shaken the confidence of many enthusiasts.
The Crypto Crash, which has seen prices drop sharply in the past week, has shaken the confidence of many enthusiasts.
The crypto universe used to be dominated by Bitcoin enthusiasts, but it has swelled as investors sought higher returns amid negative real interest rates.
Veteran cryptocurrency investors have been here before. Bitcoin has dropped 55% over the past 6 months and Ethereum is down 57% over the same period.
Dow Theory is an equity investment thesis introduced over a century ago by Charles H Dow, co-founder of the Wall Street Journal.
A poison pill and $44bn are not enough to stand in the way of Elon Musk’s quest to take social media giant Twitter private.
The argument for holding cryptos is as true today as it was just over a decade ago at the birth of Bitcoin: it has been unrivalled in its deflationary power.
Fabio Panetta has labelled the $1.8tn crypto sector a “Ponzi scheme” and has called for a regulatory clampdown to avoid a “lawless frenzy of risk-taking”.
Cathie Wood’s flagship ARK Fund has continued to attract hundreds of millions of dollars in fresh money from its retail investor support base.
Jack Dorsey’s first tweet was converted to a NFT last year and sold for $2.9 million. Now, it may be resold for less than $14,000.
The death toll in the floods in KZN, South Africa’s second-most populous province, makes it one of the worst natural disasters in the country’s history.