Nine of the world’s biggest banks are paying a hefty $46 million to settle a lawsuit accusing them of manipulating a massive $465.9 trillion market. Banks Accused of Conspiring to Keep Market Antiquated The lawsuit, filed by investors eight years ago, claims that the banks conspired to keep the interest rate swap market inefficient and…
Can USDT Dominance Predict Bitcoin’s Peak? Crypto analysts are always looking for ways to predict the future of Bitcoin. One analyst, Thomas, believes that USDT dominance could be a key indicator for Bitcoin’s local tops. USDT Dominance: A Six-Year Pattern Thomas claims that USDT dominance has accurately predicted Bitcoin’s local tops for the past six…
The FTX saga keeps getting more shocking. It’s not just Sam Bankman-Fried (SBF) who’s in trouble. New evidence suggests his whole family was involved in a massive political donation scheme. A Family of Alleged Criminals Emails obtained by the Wall Street Journal show SBF’s father, Joe Bankman, a Stanford law professor, was a key player…
A crypto analyst named Ben Armstrong, also known as “Bitboy Crypto,” has stirred up a hornet’s nest by claiming that Cardano (ADA) and Polkadot (DOT) are “dead to institutions.” This bold statement has sparked a fierce backlash from the crypto community, with many users defending their favorite coins. Bitboy Crypto Calls Out Cardano and Polkadot…
Solana (SOL) recently took a dip, but it bounced back after failing to break below the important $118 support level. This shows that people are still interested in buying SOL at this price, preventing it from falling further and stabilizing the situation. Solana’s Price Action: A Closer Look The $118 level has been a strong…
A notorious hacker has breached a major US bank, stealing sensitive customer data from multiple financial firms. Evolve Bank & Trust Hacked Evolve Bank & Trust, a Tennessee-based lender, has confirmed that its system was compromised by the Russian ransomware gang LockBit. The hack reportedly exposed personal banking information of most of the bank’s customers,…
Cryptocurrency analyst Credible Crypto predicts a bullish future for Bitcoin (BTC) despite its recent dip below $60,000. Bullish Outlook Intact According to Credible, Bitcoin’s long-term uptrend remains strong. While the current correction may continue, it will pave the way for a significant rally. Potential Upside Credible estimates that BTC could rally nearly 80% to $100,000…
Imminent Crash Robert Kiyosaki, author of the best-selling “Rich Dad Poor Dad,” predicts a catastrophic crash for Bitcoin (BTC) and other assets. According to him, this will be the “biggest crash in history.” Bull Market to Follow Despite the impending crash, Kiyosaki believes it will be followed by a prolonged bull market. He advises investors…
Matt Hougan, Chief Investment Officer of Bitwise Asset Management, predicts a significant surge in Ethereum (ETH) value. Spot Ethereum ETFs: A $15 Billion Opportunity Hougan anticipates that spot Ethereum exchange-traded funds (ETFs) could attract up to $15 billion within 18 months of their approval, which is expected soon. Bullish Tailwinds Hougan identifies two additional factors…
The crypto market has been on a rollercoaster ride lately, with Bitcoin (BTC) taking a hit. On July 4th, BTC dropped below $60,000, and continued to slide down to $54,000. Government Bitcoin Sales: Impact Overestimated Ki Young Ju, CEO of CryptoQuant, believes that the impact of government sales of seized BTC has been exaggerated. He…
