Bitcoin ETFs are booming! The total amount of Bitcoin held by these funds has just crossed a massive milestone: 900,000 BTC! That’s over 4% of the total Bitcoin supply, and it’s a huge sign that investors are really starting to believe in Bitcoin. A Big Milestone for Bitcoin ETFs This huge amount of Bitcoin is…
This week is shaping up to be a major one for the crypto world, with several key events that could significantly impact Bitcoin, Ethereum, and other cryptocurrencies. Trump’s Bitcoin Speech? The Bitcoin 2024 conference in Nashville is attracting a lot of attention this year, especially because former President Donald Trump is scheduled to give a…
Trading bot altcoin Banana Gun (BANANA) is on fire after Binance, the world’s biggest crypto exchange, announced it would be listing the token. Binance says BANANA, which operates across multiple blockchains like Solana, Ethereum, and layer-2 protocols, is a bit riskier than other coins on its platform. They’ve slapped a “seed tag” on it, meaning…
Bitcoin is looking like a good deal right now, according to analysts at ARK Invest. They say that several key indicators are pointing to a healthy market for Bitcoin, even after a recent price drop. Deep Value for Short-Term Holders One indicator, the “sell-side risk ratio” for short-term holders, is currently in a “deep value”…
Citigroup, a major US bank, is facing a hefty $135.6 million fine from regulators for failing to fix long-standing issues with its risk management, compliance, data handling, and internal controls. Citigroup’s Repeated Failures This isn’t the first time Citigroup has been in hot water for these issues. Back in 2020, regulators flagged deficiencies and the…
Bitcoin’s price took a tumble on Sunday after President Biden announced he’s bowing out of the 2024 presidential race. The news sent BTC plummeting from $67,453 to $65,884 in a matter of seconds. It eventually recovered slightly, settling around $66,893. This latest price swing comes after a recent rally fueled by former President Trump’s support…
Bitcoin is making headlines, and one expert thinks it could become a national asset. Andrew Kang, a well-known crypto expert, believes that some governments are considering adding Bitcoin to their treasury reserves. While this is still just speculation, it’s a big deal because it could have a huge impact on the crypto world. Bitcoin’s Potential…
Recently, some big players in the crypto world moved a lot of Dogecoin (DOGE) and Shiba Inu (SHIB) tokens. Let’s break down what happened. Millions of DOGE and SHIB Moved A crypto tracker called Whale Alert noticed a huge transfer of 800 million DOGE and 2.7 trillion SHIB tokens from the popular crypto exchange Robinhood…
Senator Richard Blumenthal is accusing major banks of turning a blind eye to fraud on the popular payment network Zelle. He claims that banks like JPMorgan Chase, Wells Fargo, and Bank of America are putting profits over customer protection. Zelle Fraud is Costing Customers Millions Blumenthal, who chairs the Senate Subcommittee on Investigations, says that…
A well-known crypto analyst, known as Capo, is predicting a big rally for Bitcoin and altcoins. He believes the market has bottomed out and is ready to surge. Bitcoin to Soar? Capo, who correctly predicted the 2022 crypto crash, is bullish on Bitcoin. He thinks Bitcoin will break through $73,200 after it surpasses the $65,000…
