The recent Fed rate cuts have given Bitcoin investors a big boost, with some big players (we’re talking whales here!) buying up over $1.6 billion worth of BTC since the announcement. This has many people thinking that Bitcoin could be on its way to $70,000. Whales are Buying Big Since the Fed cut interest rates…
Bitcoin has been on a wild ride lately, and traders are feeling a bit unsure about what’s next. A Pause After the Surge After a strong recovery last week, Bitcoin’s price has stalled in the past few days. It’s been moving sideways, unable to pick a clear direction. Even though Bitcoin is still up around…
The crypto world is full of choices, from stablecoins to memecoins. While some projects focus on real-world applications and slow growth, memecoins often rely on hype and marketing to attract investors. The Problem With Most Memecoins Many memecoins lack real purpose and often leave their communities disappointed. They might promise big returns but end up…
Harris Makes a Crypto Statement After months of silence on the topic, Vice President Kamala Harris finally acknowledged the crypto industry. During a Wall Street fundraiser, she pledged to invest in America’s future by supporting “innovative technologies like AI and digital assets,” while also promising to create a “safe business environment” for the industry. Crypto…
XRP, the cryptocurrency behind Ripple, is showing a familiar pattern that previously led to a massive price surge. A Pattern From the Past Analysts are looking at something called “Bollinger Bands” to predict XRP’s future. These bands are a technical tool used to gauge market volatility. In the past, when the Bollinger Bands for XRP…
It turns out, half of American retirees aren’t actually retired! A new report shows that many people are forced to go back to work during their supposed golden years because they don’t have enough money to live comfortably. Millions of Seniors Still Working According to CBS, there are 11 million Americans over 65 who are…
A well-known crypto trader is predicting big price increases for two lesser-known cryptocurrencies. Saga: A Layer-1 Project Poised for Growth Bluntz, a popular crypto trader with over 275,000 followers, believes that Saga (SAGA), a layer-1 blockchain project, is about to take off. He sees a strong technical pattern called an inverse head-and-shoulders, which usually signals…
Crypto analyst Benjamin Cowen thinks Ethereum might be nearing its lowest point against Bitcoin. He says that all altcoins, including Ethereum, will eventually hit their bottom price compared to Bitcoin. While Ethereum is currently showing signs of stabilizing, Cowen thinks it could still drop further. Bitcoin Dominance on the Rise Cowen believes that Bitcoin’s dominance,…
Two California men have been arrested by the FBI for allegedly stealing a whopping $250 million worth of Bitcoin from a victim in Washington D.C. A Quarter Billion Bitcoin Heist The U.S. Attorney’s Office for the District of Columbia says Malone Lam and Jeandiel Serrano are facing charges of conspiracy to steal and launder the…
Binance founder Changpeng Zhao (CZ) is about to be released from prison after serving a four-month sentence for violating US financial regulations. The CEO of CryptoQuant, Ki Young Ju, has come out in support of CZ, saying that his contributions to the crypto world outweigh his mistakes. CZ’s Impact on Crypto Young Ju points out…
