Bitcoin has been stuck in a holding pattern recently, hovering around the $60,000 mark. While some folks are excited about a big rally in the near future, things might not be as rosy as they seem. Miners Selling Off Recent data shows that Bitcoin miners have been dumping a lot of their BTC, selling off…
Ethereum co-founder Vitalik Buterin has made headlines again, this time for donating a large sum of ETH to help the developers of Tornado Cash fight legal battles. This act of support comes shortly after Buterin sold off a bunch of memecoins he held. Buterin’s Memecoin Sale and Donation Buterin sold off a bunch of memecoins,…
Macroeconomic analyst Raoul Pal is urging investors to ignore the doomsayers and embrace the current market opportunity. Pal, founder of Real Vision and Global Macro Investor, believes that fears of recession and inflation are overblown. He argues that governments are strategically injecting liquidity into the economy, a move that historically has boosted assets like stocks…
A huge pot of money is sitting unused, waiting to help California families pay for college. The state’s CalKIDS program has allocated hundreds of millions of dollars in college savings accounts, but most of it remains unclaimed. Who’s Eligible? All Californians born after July 1, 2022 are eligible for at least $175. Low-income public school…
MultiversX (EGLD), formerly known as Elrond, is still the king of crypto gaming development, according to the crypto analytics firm Santiment. They say that MultiversX has had a whopping 264.9 “notable” GitHub events in the past month, which is a lot! What does this mean? Basically, it shows that the developers behind MultiversX are super…
A major banking giant is facing a hefty fine for defrauding the Treasury market. The US Department of Justice (DOJ) says TD Bank’s brokerage arm, TD Securities, has agreed to pay a $15.5 million penalty to settle criminal charges. Spoofing Scheme Exposed The DOJ alleges that a TD Securities trader, Jeyakumar Nadarajah, placed fake orders…
Bitcoin had a rough start to October, dipping below $60,000. This was likely due to tensions in the Middle East. However, the coin has bounced back, trading above $62,000. Liquidations: A Sign of Hope? Analysts are pointing to a recent wave of liquidations in the Bitcoin futures market as a positive sign. Liquidations happen when…
Bitcoin started October with a bit of a slump, dropping over 7% in the first few days. While it bounced back a bit on Friday, investors are still feeling a bit uneasy. Fear in the Air The Bitcoin Fear and Greed Index is currently sitting at 37, which means a lot of people are hesitant…
Bitcoin’s big players are acting differently this time around. They’re not cashing out as much as they usually do during bull markets, which has some people wondering what’s going on. Whales Are Holding Back on Profits According to CryptoQuant founder Ki Young Ju, Bitcoin whales are taking much smaller profits than they have in previous…
David Carmona, the mastermind behind a cryptocurrency Ponzi scheme called IcomTech, is going to jail for 10 years. How the Scam Worked Carmona and his crew started IcomTech in 2018, pretending it was a legit crypto mining and trading company. They promised investors big returns on their investments, saying they could double their money in…
