A former Wharton School graduate is at the center of a massive bank fraud case involving JPMorgan Chase. The bank was allegedly tricked into buying a worthless company for a whopping $175 million. The $175 Million Scam In 2021, JPMorgan Chase purchased “Frank,” a financial aid app founded by Charlie Javice. Javice, only 24 at…
David Sacks, recently appointed as a Trump administration advisor on AI and crypto, offloaded a massive amount of his cryptocurrency holdings before starting his new role. This move was made to avoid any potential conflicts of interest. A Big Sell-Off According to a White House memo, Sacks and his firm, Craft Ventures, sold off over…
Chainlink, the popular blockchain oracle service, recently unlocked a massive 19 million LINK tokens—worth a cool $262 million. Millions of LINK Tokens on the Move According to blockchain analysts, these tokens were moved from two Ethereum addresses to new wallets. The majority – about $205 million worth – went straight to Binance, the world’s largest…
Crypto analyst Madden predicts a Bitcoin price surge, potentially exceeding $100,000. Let’s dive into his analysis. A Bullish Reversal? Madden’s TradingView post points to a possible Bitcoin price rally above $100,000. He identifies potential price targets at $91,700, $102,700, and even a new all-time high at $109,356. This prediction is based on some interesting chart…
The crypto market’s been a bit sluggish lately. Bitcoin and other major coins have dipped, leaving many wondering if we’ve hit the top. But a closer look at stablecoins paints a different picture – the bull run might still have some gas left in the tank. Stablecoin Supply: A Bullish Indicator? Data shows a fascinating…
Pavel Durov, the big cheese behind Telegram, got permission to leave France for a bit. He’s been battling a lawsuit there, so this is a pretty big deal. A Quick Recap of the Situation Last August, French authorities arrested Durov at an airport near Paris. They weren’t happy with how Telegram handles illegal stuff on…
MoonPay, a major player in crypto finance, keeps expanding its empire. Their latest move? Buying Iron.xyz, a stablecoin platform. This shows MoonPay isn’t just playing the game – they’re rewriting the rules. MoonPay’s Stablecoin Strategy Stablecoins are a big deal in crypto. They act as a bridge between regular money and the crypto world, making…
Bitcoin ended last week on a high note, but it’s been pretty sluggish lately. It hasn’t really moved much this weekend, or even since Friday. Key Price Levels to Watch A crypto analytics firm, MoreCryptoOnline, has pointed out some important price points for Bitcoin. They shared this analysis recently on X (formerly Twitter). The $86,700…
Ethereum (ETH) is having a rough time. It’s currently trading below $2,000, and after a long period of selling, it’s struggling to gain any momentum. A Tough Market for ETH The overall crypto market is bearish, and ETH has lost a huge chunk of its value (over 57%). This makes a recovery even harder. It’s…
Ethereum (ETH) has been on a bit of a rollercoaster lately. While it’s up over 5% in the last 24 hours, it’s still down 11% for the week. But there’s some good news. A Key Support Level? Data analysts at Glassnode have spotted a potential price floor for ETH: $1,886. They’re using something called “Cost…
