Sam Bankman-Fried (SBF), the disgraced FTX founder, is on the move again. He’s been transferred from a New York City jail to a transfer facility in Oklahoma City. From Brooklyn to Oklahoma SBF was previously held at the Metropolitan Detention Center in Brooklyn. The Bureau of Prisons now lists him as being at FTC Oklahoma…
DeVere Group CEO Nigel Green believes the rise of stablecoins will significantly increase demand for Bitcoin (BTC) and Ethereum (ETH). In a recent YouTube video, he explained his reasoning to his large subscriber base. How Stablecoins Could Help the US Economy (and Crypto) Green argues that stablecoins—cryptocurrencies pegged to the value of a fiat currency…
Bitcoin’s price has been pretty steady above $84,000 this week, even though it hasn’t seen huge gains recently. It’s only up 0.2% in the past week, and actually dipped 3.2% yesterday. But what’s really happening? What the Exchanges Are Saying A CryptoQuant analyst, Ibrahimcosar, has been looking at something really interesting: how much Bitcoin is…
South Carolina just dropped its lawsuit against Coinbase, making it the second state to back down after a shift in the US government’s approach to crypto. Coinbase’s Chief Legal Officer (CLO) is calling it a huge win for crypto investors. South Carolina’s Retreat Coinbase’s CLO, Paul Grewal, announced that South Carolina dismissed its case. This…
Will Bitcoin soar or plummet? A new analysis suggests we might find clues by looking at inflation data. Inflation and Bitcoin: A Curious Correlation Truflation, a real-time inflation index, has noticed an interesting pattern. Whenever their inflation index dips sharply and then levels off or starts rising again, Bitcoin’s price tends to jump soon after….
Bitcoin is having a rough time, trading below key support levels as the bears are gaining momentum. After a brief, hopeful rise, selling is back, pushing Bitcoin’s price down and raising concerns about a bigger correction. Why the Drop? This shift in sentiment comes from a shaky overall financial market. Global economic instability and political…
Ethereum recently dipped below $2,000 again, after a brief recovery. While short-term sentiment is cautious, a crypto analyst’s observation offers a potentially bullish outlook. The 300-Week Moving Average: A Key Level A well-known crypto analyst, CryptoBullet, highlighted that Ethereum has touched its 300-week moving average for only the second time ever. The first time was…
Warren Buffett’s savvy investment strategy is paying off big time. This year, while the overall market is struggling, Berkshire Hathaway, Buffett’s company, is up nearly 16%. A $78 Billion Gamble The secret? Over the past six years, Buffett has invested a staggering $77.8 billion in buying back Berkshire Hathaway shares. This massive self-investment has proven…
The Nation Token (NATO), a new cryptocurrency built on the Base blockchain, has officially launched. This follows a huge airdrop that distributed 740 billion NATO tokens—74% of the total supply—to one million Base wallet users. A Record-Breaking Airdrop This airdrop is one of the biggest ever seen in the crypto world. Each lucky recipient received…
Crypto trader Ali Martinez is warning about Solana (SOL), currently trading significantly below its all-time high. He’s seeing bearish signs. Solana’s Bearish Signal Martinez, who boasts a large following on X (formerly Twitter), points to the Tom DeMark (TD) Sequential indicator. This indicator previously accurately predicted a Solana price surge. Now, it’s signaling a potential…
