“Cryptocurrencies thrive in an environment of zero interest rates and the supply of new cheap money. In such an environment, investors do not find a return on safe assets, such as bonds, they turn to higher-risk assets, from stocks to cryptocurrencies, ”says Pavel Ryska, an analyst at J&T Banka. Some investors are already betting that … Read more
“Newer cryptocurrencies are clearly ‘better’ in all respects, technically and user-friendly,” says cryptocurrency expert Jan Lamser of Fintech’s Red Eggs company, noting that the power of bitcoin remains extreme. “In the long run, the relative strength of bitcoin to the remaining cryptocurrencies is likely to decline, the current hashrate (simply the computational power of the … Read more
“With the growing legitimacy of cryptoactive assets, we are facing a certain shift in the investor paradigm. Bitcoin has long remained the preferred choice for institutional investors in particular, thanks to its developed investment infrastructure. However, over time, potential buyers are beginning to look at individual cryptocurrencies from the point of view of their real … Read more
“It must be acknowledged that global stock markets are now very expensive as a whole. Their valuations are currently hovering around the levels from the top of the stock market in 2000, which also represents historical highs, ”emphasizes Consequ investment strategist Michal Stupavský. Stock exchanges are thus more sensitive to any new potentially negative news, … Read more
“We are witnessing a certain decline in interest in the crypto. Until April, virtual coin exchange rates were on a strong growth trajectory. Some investors realized massive losses, others realized that realizing a dizzying profit on cryptocurrencies is not as easy as it seemed in previous months, “says Cyrrus economist Tomáš Pfeiler. It is said … Read more
Businessman Jan Mička proposed insolvency for his next, eighth company. The company C2H Support, which according to the insolvency register owes approximately 94 million crowns, fell into an unmanageable debt trap. The situation is so serious financially that the debtor proposes a direct bankruptcy because he considers the reorganization to be impracticable. – C2H Support … Read more
The importance of still the most popular virtual coin is also close to its historical low, with bitcoin having the lowest market share three years ago. At that time, it represented an exact third of the market. “The expansion of the range of accepted cryptocurrencies leads to a decrease in the share of original cryptocurrencies,” … Read more
The market was primarily shaken by US President Joe Biden’s plan to raise capital gains taxes, but massive losses were exacerbated by the way cryptocurrency investors often trade. Namely, with borrowed money. “Trading platforms normally lend dollars against a cryptocurrency deposit. Loan values have reached historically high levels, so investors will have to close these … Read more
“The sale price is lower than the value of the cost of removing the assets in question from the consolidation of the CEZ Group,” says CEZ spokeswoman Alice Horakova, adding that it is therefore necessary to create a provision. The CEZ’s financial report for the first nine months then states: “A provision will be recognized … Read more
Czech and Slovak wealthy people were not disturbed by the advent of the coronary crisis, and generally adhered to their original investment plans. Since the last massive market declines in 2008, with a bit of exaggeration, millionaires have grown up in investment, did not panic and entered the crisis better prepared. About a quarter of … Read more