Bitcoin is on the rise, and one investor is betting big on its future. Hugh Hendry, a well-known investor, believes Bitcoin could easily surge by 240% and reach a price of $200,000. He’s basing this prediction on Bitcoin’s current market structure, its growing market cap, and the potential for new investors to jump in. But…
Ethereum’s Rough Patch Ethereum, the star of decentralized finance (DeFi), is facing some tough times. Its price has been steadily dropping, making investors nervous. Even though Ethereum 2.0 is supposed to be a big upgrade, the overall market slump is overshadowing it. Investors Seek Alternatives With Ethereum’s future uncertain, many investors are looking for alternatives….
The crypto world is always buzzing with new opportunities, and savvy investors are always looking for the next big thing. RNDR: A Solid Performer Render (RNDR) has become a popular choice for those working with visual effects and motion graphics. It allows users to rent out their unused GPU power, creating a win-win situation for…
Aave is Making Waves in DeFi Aave, a big player in the decentralized finance (DeFi) world, is teaming up with MakerDAO to launch a new project called Sky Aave Force. This project aims to bridge the gap between DeFi and traditional finance (TradFi), making DeFi more accessible to everyone. Aave believes this could be a…
The crypto world is always changing, and investors are constantly looking for new opportunities. Ethereum, once the king of decentralized finance, is facing some challenges lately, and a lot of investors are looking for other places to put their money. A New Contender: Mpeppe One new token that’s catching the eye of Ethereum investors is…
Ethereum, the second biggest cryptocurrency, has been having a rough time lately. Its price has been going up and down, and analysts are trying to figure out if people are buying it up or selling it off. Exchange Reserves: A Warning Sign? One analyst, Shayan, looked at the amount of Ethereum held in exchange wallets….
A popular crypto analyst, known as Altcoin Sherpa, is feeling optimistic about the future of crypto. He’s predicting a major rally, which he calls a “full send,” sometime in December or early next year. Bullish on Crypto, But Cautious on Ethereum and Solana While he’s bullish on the overall market, Sherpa is a bit more…
The Securities and Exchange Commission (SEC) is throwing a wrench into FTX’s plan to repay its creditors with stablecoins. While the SEC acknowledges the plan might not be illegal, they’re still warning that they could challenge any transactions involving crypto. SEC’s Overreach? This move has sparked criticism, with some arguing that the SEC is overstepping…
Big Trouble for a Big Bank TD Bank, a major player in the US banking scene, is facing a hefty fine for its role in a massive money laundering scheme. Regulators are investigating the bank for allegedly allowing Chinese gangs to launder $650 million in drug money between 2016 and 2021. The Bank is Preparing…
Mark Yusko, a big name in the hedge fund world, thinks Wall Street is messing with Bitcoin’s price. He believes that Bitcoin ETFs, which let people invest in Bitcoin through the stock market, are giving Wall Street more control over the price. Wall Street’s Shorting Strategy Yusko says he doesn’t see a ton of people…
