Arthur Hayes, a former crypto bigwig, thinks Bitcoin could skyrocket to a million bucks. He’s not just throwing out a random number. He’s got a theory based on how he thinks the US economy is headed. The US: A New Kind of Capitalism? Hayes thinks the US is moving away from traditional capitalism. He compares…
A former bigwig at Celsius Network, a crypto company that went belly up, won’t be dodging his legal troubles anytime soon. A federal judge just said no to his attempt to get some of the charges against him dropped. The Judge Says No Alex Mashinsky, the ex-CEO of Celsius, tried to convince the judge that…
Thai police have been cracking down on illegal cryptocurrency mining operations that were stealing huge amounts of electricity. Raids and Arrests Over the weekend, police raided several buildings in Surat Thani province, arresting two men, Nathapong and Arthit, who were running a large-scale mining operation. They found over 100 mining machines, computers, and modified power…
A Ukrainian tourist was robbed of $250,000 worth of USDT in a terrifying incident in Thailand. The robbery, which happened in November 2023, involved two armed men who forced the victim to transfer the crypto to their wallet. How it Happened The victim, a 23-year-old Ukrainian named Viacheslav Leibov, was invited to a friend’s hotel…
Ethereum is planning a massive upgrade to its core technology, aiming to completely redesign its consensus layer by 2030. This ambitious project, dubbed “Beam Chain,” promises to bring significant improvements to the network’s security, scalability, and decentralization. What’s the Deal with Beam Chain? The current consensus layer, known as the Beacon Chain, has been around…
Ethereum has been on a tear lately, climbing above $3,400 and making everyone excited about a potential push towards a new all-time high. But is this rally sustainable, or are we headed for a painful correction? Positive Sentiment, But Is It Overheating? The recent price surge has been fueled by positive sentiment in the futures…
Crypto analyst PlanB is predicting a big jump in Bitcoin’s price. He says Bitcoin is entering the “vertical” part of the S-curve, a model used to track the growth of crypto projects. What Does the S-Curve Mean for Bitcoin? PlanB believes Bitcoin is about to experience a steep rise in price. He compares this to…
The big investment firm Andreessen Horowitz (a16z) is feeling optimistic about the future of crypto in the US. They believe the recent election results are good news for the industry. Republicans Win Big, Crypto Gets a Boost With Republicans taking control of both the House and Senate, a16z sees a path towards more crypto-friendly regulations….
An Ethereum (ETH) investor who hadn’t touched their coins for almost three years recently woke up to a massive fortune. From Pennies to Millions The investor, whose identity remains unknown, had bought 6,292 ETH back in 2014 during an ICO. This purchase cost them a mere $1,951. Fast forward to this weekend, and the same…
A popular crypto analyst, known as Bluntz, is making some bold predictions about the future of Bitcoin, Ethereum, and Solana. He believes these cryptocurrencies are poised for significant gains in the coming months. Bitcoin to Reach $150,000? Bluntz, who has a track record of accurate crypto calls, is predicting Bitcoin will hit a bull market…
