Ray Dalio, the founder of Bridgewater Associates, a big-time investment firm, says the US is going to keep racking up debt, no matter who wins the upcoming election. Debt is a Big Problem, But No One’s Talking About It Dalio says the US is already drowning in debt, and it’s only going to get worse….
A New York man who scammed investors in a crypto and forex scheme has been ordered to pay a hefty price for his crimes. William Koo Ichioka, who pleaded guilty to fraud charges last year, will have to cough up $36 million to his victims. The Scheme: 10% Returns and Luxury Spending Ichioka’s scheme, which…
Big Bank, Big Trouble TD Bank, a major financial institution with over $370 billion in assets, is facing a hefty fine for allegedly messing up its credit reporting practices. The Consumer Financial Protection Bureau (CFPB) says TD Bank repeatedly shared inaccurate and negative information about its customers with credit reporting agencies, potentially harming their ability…
Bitcoin has been on a tear lately, climbing back up after a rough couple of weeks in September. The Fed’s decision to cut interest rates gave crypto a boost, and Bitcoin surged past $63,000. A Warning From an Analyst One analyst, Ali Martinez, who uses a technical tool called the TD Sequential, predicted this rally….
Dogecoin is making headlines again, with some analysts predicting a possible surge in price. The reason for this optimism? A recent shift in a key indicator called the Relative Strength Index (RSI). What’s The RSI Saying? The RSI is a technical tool used to measure how quickly a cryptocurrency’s price is changing. A recent change…
Who’s Better for Crypto? Cardano founder Charles Hoskinson thinks former President Donald Trump is the better choice for the crypto industry. He says Trump has shown more support for crypto than Vice President Kamala Harris. Hoskinson’s Take on Trump’s Crypto Support Hoskinson was a big fan of Trump’s actions at the TOKEN2049 conference in Singapore….
Bitcoin has been on a roll lately, gaining over 4% last week and even crossing the $60,000 mark. But is this just a temporary bump, or is Bitcoin finally entering a bullish trend? MVRV Ratio: The Key Indicator One analyst, Ali Martinez, believes the Market Value to Realized Value (MVRV) ratio holds the key to…
Bitcoin has been on a tear lately, making investors sit up and take notice. But while the price is climbing, something interesting is happening: Bitcoin’s volatility is surprisingly low. This is unusual, as big Bitcoin rallies usually come with wild price swings. Is Bitcoin Ready to Explode? Analysts are scratching their heads, wondering if this…
Bitcoin’s early days are coming back to life! Five old Bitcoin wallets, untouched since 2009, have suddenly woken up and moved a whopping 250 Bitcoin. That’s over $15 million in today’s money! Early Bird Gets the Bitcoin These wallets were connected to early Bitcoin miners, who received 50 Bitcoin each as a reward for verifying…
Cryptocurrency expert Benjamin Cowen believes that Ethereum’s price against Bitcoin (ETH/BTC) might be close to its lowest point. He’s basing this prediction on past price trends. Looking at the Past Cowen has noticed that the current price action of ETH/BTC resembles the price movements seen in 2016 and 2019. In both those years, Ethereum’s price…
