Inflation Soaring Higher Than Reported, Warns Former Treasury Secretary

Former Treasury Secretary Larry Summers has raised concerns about the accuracy of the official inflation rate, suggesting it may be significantly underestimating the true pain Americans are facing. Pre-1983 Inflation Measure Reveals Spike Using an older method of measuring inflation that included personal interest rates and housing financing costs, Summers and co-authors found that inflation…

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Bitcoin Primed for a Surge to $160,000, Analyst Says

Crypto analyst TechDev is predicting a rapid rise in Bitcoin’s value, potentially reaching $160,000. Technical Indicators Point to Bullish Trend TechDev analyzed Bitcoin’s relative strength index (RSI) and Fibonacci extension levels on the monthly timeframe. According to his observations, every time Bitcoin’s RSI crossed above the 65 level, the price surged to the 1.618 Fibonacci…

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Binance Investigates Insider Trading in BOME Token

Background On March 14th, a Solana meme coin called Book of Meme (BOME) was introduced. Within three days, its value skyrocketed, and it was listed on Binance. Insider Trading Allegations Before the listing, a large crypto holder (a “whale”) bought 314 million BOME tokens for $2.3 million. After the listing, the token’s value soared, making…

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Bitcoin’s Future: Bullish Predictions

Crypto expert Willy Woo has analyzed Bitcoin’s potential and outlined three scenarios for its future value: Hyperbitcoinization: Bitcoin becomes the dominant currency, reaching a value of $4.8 million per coin. Matching the US Dollar: Bitcoin’s value reaches $1 million per coin, equaling the size of the US dollar. Surpassing Gold: Bitcoin becomes more valuable than…

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Bitcoin’s Bullish Run: Surge to $80,000 and Beyond

Binance CEO’s Prediction Binance CEO Richard Teng believes Bitcoin’s rally will continue, driven by institutional investment in Bitcoin exchange-traded funds (ETFs). He predicts Bitcoin will surpass $80,000 due to reduced supply and sustained demand. Digital Asset Inflows Soar CoinShares reports a record weekly inflow of $2.9 billion into digital asset investment products, surpassing the previous…

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