Eric Trump, VP of the Trump Organization, claims major US banks are unfairly targeting businesses, pushing him towards cryptocurrency. He argues this “cancel culture” highlights the need for alternative financial systems. De-banking Claims Trump alleges that several banks, notably Capital One and JPMorgan Chase, closed his accounts. He describes the experience as aggressive and disruptive,…
Kadena, a blockchain tech company, just launched Chainweb EVM – a big upgrade to its network. This upgrade adds 20 new chains compatible with Ethereum’s Virtual Machine (EVM). Saying Goodbye to Layer 2 Bottlenecks Chainweb EVM is presented as a decentralized alternative to Ethereum’s Layer 2 solutions. Kadena claims it offers near-zero transaction fees, massive…
Crypto analysts are weighing in on Bitcoin’s recent price movements and what the future might hold. The overall sentiment is cautious, with predictions of potential further drops. A Potential Crash Below $83,500? Analyst Pejman issued a warning: If Bitcoin falls below $83,500, a significant price crash could be on the horizon. This follows a period…
Trump’s surprise tariff announcement sent shockwaves through the global economy, and Bitcoin wasn’t immune. The Tariff Bombshell President Trump announced massive reciprocal tariffs on goods from 185 countries. This wasn’t just a small tweak; experts called it one of the largest tariff packages in US history. The news caused immediate chaos. Futures markets plummeted –…
Bitcoin’s price recently bounced back towards $87,000, getting investors excited. But the rally stalled, and the price dipped to around $85,000. So, where’s the next big support level? Identifying Bitcoin’s Key Support Zone After some market wobbles, Bitcoin is showing signs of recovery. BorisVest, a crypto expert and trader, pinpointed a crucial support zone that…
Jack Dorsey, the CEO of Block (and former Twitter boss), recently shared some concerns about Bitcoin’s future. He worries that Bitcoin’s growing popularity with big financial institutions might threaten its original, open spirit. The Institutional Influx: A Double-Edged Sword? Dorsey acknowledges that big players like BlackRock getting involved is probably unavoidable. He’s hopeful that these…
Rumors are swirling that Elon Musk is leaving his government role, potentially impacting Dogecoin and the meme coin market. Let’s break it down. Musk’s Exit? According to some sources, Elon Musk’s time in the Trump administration’s Department of Government Efficiency (D.O.G.E.) is coming to an end. However, both Musk and the White House press secretary…
Crypto markets are a bit wobbly right now, partly due to some uncertainty about global trade. But there’s something else shaking things up: Bitcoin’s dominance. Bitcoin’s Rising Power One analyst, Rekt Capital, thinks Bitcoin’s dominance (its share of the total crypto market value) is about to surge, maybe even hitting 64%! That’s a historically significant…
Ethereum (ETH) is having a tough time. It’s been struggling to break above $2,100, and actually dropped 6% last week. Experts are saying it’s in a crucial period, and we might see more sideways movement before a big price change. Ethereum’s 2023 Performance: A Rough Year So Far Ethereum ended its worst first quarter since…
President Trump’s sweeping new tariffs are sending shockwaves through global markets, causing a significant drop in cryptocurrency values. Crypto Market Takes a Hit The crypto market has seen a massive $518 million liquidation in the last day, according to CoinGlass. Bitcoin, for example, took a dive, falling from a high of $87,790 to $82,223. This…
