JPMorgan Chase is cracking down on customers who allegedly used a sneaky trick to withdraw thousands of dollars from ATMs. The bank is suing people who took advantage of a viral check fraud scheme that happened over the summer. How the Scheme Worked The scheme involved depositing a fake check into an ATM. The money…
Last week, institutional investors poured nearly a billion dollars into crypto products, according to CoinShares, a digital asset manager. Big Money, Big Month CoinShares’ latest report shows that institutional crypto investment products saw a massive surge in inflows, totaling $901 million. This makes it the fourth-largest month for inflows on record, with this month’s inflows…
Coinbase, the popular crypto exchange, has officially partnered with the NBA’s Golden State Warriors and their home arena, Chase Center. What does this mean? Coinbase gets major exposure: Their brand will be seen during broadcasts and throughout Chase Center. Fans get perks: Season-long access to exclusive blockchain experiences, limited edition merch, and special benefits for…
Bitcoin, the king of cryptocurrencies, is shaking things up in the financial world. Designed to be a decentralized, peer-to-peer payment system, Bitcoin operates outside the control of traditional institutions like central banks. This has led to a lot of buzz, with some praising Bitcoin for empowering individuals and helping those without access to traditional banking….
There’s been a lot of talk about whether ETFs are suppressing Bitcoin prices. Some people think they’re selling Bitcoin they don’t actually own, which is a big concern. But is this actually happening? The “Paper Bitcoin” Myth The idea of “paper Bitcoin” isn’t new. In the past, some exchanges have sold Bitcoin to customers without…
Cardano founder, Charles Hoskinson, has outlined a bold vision for the future of the blockchain ecosystem: running a nation-state by 2030. He envisions a large-scale entity, potentially serving tens of millions of people. A Bold Vision for the Future Hoskinson believes that Cardano has the potential to revolutionize how we live and interact with technology….
Hong Kong’s stock exchange is making a bold move by introducing the first EU-regulated crypto index in Asia. This means investors can now trade Bitcoin and Ethereum alongside traditional stocks and bonds. Hong Kong Embraces Crypto The new index, called the HKEX Virtual Asset Index Series, will launch on November 15th. It will track the…
Solana has been on a roll lately. It’s been climbing the ranks and is now one of the top five blockchains. The price of SOL, its native token, has doubled in the last 10 months, and the network is becoming a hotbed for meme coins. Solana’s Growth Story Solana is the third largest smart contracts…
Coinbase Premium Drops, Signaling Potential Price Dip A key indicator for Bitcoin’s short-term price movement has just turned bearish. The Coinbase Premium, which measures the price difference between Bitcoin on Coinbase and other exchanges, has plummeted to its lowest level in two years. What Does This Mean? The Coinbase Premium is often seen as a…
A popular crypto analyst is sounding the alarm about Bitcoin, saying a big crash could be coming, even if the price breaks through a key resistance level. Don’t Get Too Excited The analyst, known as DonAlt, says that if Bitcoin breaks through $70,000 and then quickly falls back down, it would be a major red…
