A Chinese government official has been sentenced to life in prison for selling state secrets to foreign contacts. The official, identified as Wang, was motivated by massive losses incurred from cryptocurrency investments. From Good Citizen to Espionage Wang, described as a well-regarded employee by his colleagues and family, turned to online forums to find a…
Bitcoin is on fire! It’s been breaking records for three days straight, hitting new all-time highs. This surge is fueled by a mix of political and economic events, like Donald Trump’s election win and the Federal Reserve’s recent interest rate cut. Bitcoin Enters Price Discovery Mode This recent surge has pushed Bitcoin into “price discovery”…
The battle between Shiba Inu (SHIB) and Dogecoin (DOGE) is heating up, and everyone’s talking about it. One investment firm, Sistine Research, thinks SHIB might be the winner in the long run. Chart Analysis Points to SHIB Outperforming DOGE Sistine Research took a close look at how SHIB and DOGE have been trading against each…
SEC Commissioner Mark Uyeda is a big fan of President-elect Donald Trump’s plans to make the US a crypto-friendly haven. He’s even being considered as a potential replacement for the current SEC Chair, Gary Gensler, who is expected to be out of a job when Trump takes office in January 2025. A New Era for…
Eagle Bank, a Maryland-based financial institution, is warning its customers about a potential security breach that may have affected their Mastercard debit card information. What Happened? The bank received a notice from Mastercard stating that an unnamed US merchant experienced a security breach between August 15th, 2023, and May 25th, 2024. During this time, unauthorized…
Decentralized finance (DeFi) has officially overtaken gaming as the most popular sector in the decentralized app (DApp) world. According to DappRadar, DeFi now accounts for over a third of all DApp activity, with gaming falling to second place. DeFi’s Rise to the Top This shift is due to a surge in DeFi activity in October,…
Crypto expert Raoul Pal believes that the crypto market is entering a new phase of risk-taking, and that Ethereum will outperform Bitcoin in the coming months. But he thinks one altcoin, Sui (SUI), could be even bigger than both Ethereum and Solana. Sui: A New Challenger Pal predicts that Sui, a relatively new layer-1 blockchain,…
A popular crypto analyst, known as Pentoshi, is predicting big things for Solana (SOL), a major competitor to Ethereum. He believes Solana is poised to hit new all-time highs. Solana’s Double Bottom Pattern Pentoshi sees a strong technical pattern on Solana’s chart, known as a double bottom. This pattern suggests that buyers are stepping in…
Bitcoin has been on a wild ride lately, hitting a record high of over $77,000. This isn’t just a short-term spike, though. Some experts believe this rally is a sign of bigger things to come. Bitcoin’s Realized Cap: A Sign of Strong Growth? One key indicator is Bitcoin’s “realized cap.” This basically tracks the total…
Detroit is making waves in the world of cryptocurrency! The city has announced it will become the largest in the US to accept Bitcoin and other digital currencies for tax payments. A New Era of Payments Starting in mid-2025, Detroit residents will be able to pay their taxes using a platform powered by PayPal. This…
