Venture capital firms are pouring hundreds of millions of dollars into Toncoin (TON), a layer-1 blockchain. The TON Foundation, the project’s team, announced that the investment totals over $400 million. Who’s Investing? Some big names in the VC world are involved, including Sequoia Capital, Ribbit Capital, Benchmark, Kingsway Capital, Vy Capital, Draper Associates, Libertus Capital,…
Americans are stashing massive amounts of cash in bank accounts that aren’t protected by the FDIC, a new report reveals. Big Banks, Big Risk Customers at JPMorgan Chase, Wells Fargo, and Bank of America alone hold a staggering $2.62 trillion in uninsured deposits. That’s money exceeding the FDIC’s $250,000 insurance limit per depositor, per insured…
A popular crypto analyst, Guy Turner of Coin Bureau, predicts a huge surge in new crypto investors. He believes this will be triggered by a wave of initial public offerings (IPOs) from major crypto companies. Big Names Going Public? Turner highlights several companies potentially poised for IPOs, including Kraken (a major US crypto exchange), Circle…
Bitcoin’s price has been stuck in a rut lately, struggling to break back into six-figure territory. After dipping below $82,000, it tried to reach $87,000 but hit a wall. Let’s look at why $87,000 is such a key price point. Millions of Bitcoin Holders in the Red Crypto analyst Maartunn highlighted the importance of the…
The US government has dropped sanctions against Tornado Cash, a cryptocurrency mixer accused of helping North Korean hackers launder millions. This follows a court decision that said the Treasury Department overstepped its authority. The Case Against Tornado Cash Tornado Cash was on a US sanctions list since 2022, accused of processing over $455 million in…
Michael Saylor, a big Bitcoin fan, thinks the European Union should buy some Bitcoin. Why? Because the Euro recently took a bit of a dive. The Euro’s Tumble The Euro has been weakening against the US dollar. This happened after the Federal Reserve hinted at possibly lowering interest rates in the future. The Euro dropped…
Bitcoin is showing strong signs of a bullish reversal, exciting the crypto community. Let’s dive into what’s happening. Bitcoin’s RSI Breakout: A Bullish Signal? The Relative Strength Index (RSI), a key technical indicator, has broken out of a long-term downtrend for Bitcoin. This suggests a potential major price increase, possibly pushing Bitcoin past $90,000 and…
Bitcoin (BTC) is currently hovering around $80,000, but some analysts believe a major price surge is on the horizon. This prediction is based on several factors, including a key macroeconomic indicator and technical analysis. The M2 Money Supply: A Key Indicator? One prominent indicator is the M2 money supply – the total amount of money…
Ethereum Faces a Potential Plunge One crypto analyst is predicting a rough patch for Ethereum. They believe the price could fall by 13%, dropping to around $1,700. This prediction is based on the current price action and chart patterns. Right now, Ethereum is near a major resistance level of $2,200. If it can’t break through…
A large US bank, Western Alliance Bank, with $81 billion in assets, recently revealed a significant data breach affecting nearly 22,000 customers. The Breach Details The bank discovered in late January 2025 that an unauthorized person accessed their systems between October 12th and 24th, 2024. This access was through a vulnerability in a third-party file…
