Billionaire investor Paul Tudor Jones is sounding the alarm about the potential societal fallout from artificial intelligence (AI). He believes AI’s impact could be far more disruptive than most people realize. AI’s Job-Killing Potential Jones points to a warning from Anthropic CEO Dario Amodei, who predicts AI could wipe out roughly half of all entry-level…
BlackRock’s Bitcoin ETF, IBIT, is making serious bank. Despite only being around for a year and a half, it’s already a top earner for the company. Close to the Top Bloomberg analyst Eric Balchunas tweeted that IBIT is currently the third highest revenue-generating ETF for BlackRock out of a whopping 1,197 funds. It’s only about…
A 41-year-old Nigerian national, Ehis Lawrence Akhimie, has admitted to running a massive international inheritance scam that targeted vulnerable Americans. The scheme defrauded over 400 victims out of more than $6 million. How the Scam Worked Akhimie and his accomplices sent letters to their victims, falsely claiming to represent a Spanish bank. These letters informed…
Drake’s latest track, “What Did I Miss?”, isn’t just about love woes; it’s also a surprisingly catchy commentary on the volatile world of Bitcoin. He raps about his relationship ups and downs mirroring Bitcoin’s price swings, highlighting how crypto is moving beyond finance blogs and into mainstream culture. Bitcoin’s Growing Popularity (But Is It Really?)…
Bitcoin’s price had a nice jump at the start of July, but then slowed down after some good US jobs numbers came out. Surprisingly, this wasn’t the boost for Bitcoin that people expected. However, some interesting things are happening behind the scenes. Retail Investors Jump Back In According to on-chain data analysis, smaller investors (retail…
Bitcoin is hanging around $108,000, and things seem positive after a bumpy July start. But a closer look reveals some potential trouble. Crucial Support Levels Two price points are super important for Bitcoin right now: $106,738 and $98,566. These are key support levels, meaning if Bitcoin falls below them, a bigger drop could happen. These…
Bitcoin recently hit $110,150, sparking a lot of debate online. While it dipped slightly afterward, the overall trend is upward. So, is this the start of something big, or just a temporary high? Is Bitcoin Undervalued at $110,000? Some analysts, like Altcoin Daily, believe Bitcoin is still undervalued at $110,000 and predict even higher prices…
A huge chunk of Bitcoin, mined way back in 2011, recently changed hands – about $8.8 billion worth! This got everyone in the crypto world talking. Why the fuss over old Bitcoin? Let’s dive in. Why Old Bitcoin Still Matters A crypto analyst, Darkfost, explained the significance of this massive transfer. Essentially, these weren’t just…
The US Secret Service has quietly amassed a huge pile of cryptocurrency – nearly $400 million worth! Over the past decade, their Global Investigative Operations Center (GIOC) has been tracking down digital criminals and seizing their ill-gotten gains. Building a Crypto Fortune The GIOC’s success is a testament to good old-fashioned detective work combined with…
Bitcoin’s price is hanging around $108,000, pretty steady between $100,000 and $110,000. It’s a bit of a waiting game right now. Key Price Levels to Watch Crypto analyst Daan Crypto (on X) pointed out some crucial price levels based on liquidity. Data from Coinglass shows a big liquidation of leveraged Bitcoin positions around $108,000 on…
