The price of gold is hitting record highs, and it’s all thanks to Russia and China, according to the Bank of France. Russia and China’s Dollar-Dumping Spree These two BRICS nations are leading the charge to move away from the US dollar, and they’re using gold as their weapon of choice. They’re buying up the…
Bitcoin’s recent surge has made investors feel pretty optimistic, but one crypto analytics firm thinks it’s time for a correction. Santiment, a company that tracks crypto market data, says that the hype around Bitcoin has reached “greedy” levels. This often means that the price is about to take a dip. They say that this could…
The U.S. Securities and Exchange Commission (SEC) has reached a settlement with Mango Markets, a Solana-based decentralized exchange (DEX), over alleged violations of securities laws. What Happened? The SEC claims that Mango Markets’ decentralized autonomous organization (DAO) sold MNGO tokens without registering them, which means investors didn’t get the proper protections. The SEC also alleges…
Bitcoin has been on a roll lately, and analysts are getting excited about what’s to come. Bitcoin is Consolidating, But Ready to Breakout One analyst, known as Crypto Rover, thinks Bitcoin could hit a whopping $290,000 in the next bull run. This prediction isn’t out of the blue – many analysts have been predicting a…
Dogecoin has been on a tear lately, and analysts are predicting even bigger gains for the meme coin. Breakout and Bullish Outlook Dogecoin recently broke out of a multi-month downtrend, surging past $0.12. This breakout has excited many crypto analysts and investors, who see it as a sign of things to come. One popular crypto…
It seems like cryptocurrencies and the stock market are getting cozy. According to Coinbase, these two markets are now moving together more than ever, with a correlation of about 50% as of September 2024. This newfound connection is mainly due to the global monetary easing policies being implemented by countries like the US and China….
Dogecoin’s Potential Breakout Dogecoin, the popular meme coin, is catching the attention of crypto veterans like Peter Brandt. Brandt believes DOGE is poised for a significant rally, pointing to a channel breakout on its chart. He predicts that if DOGE breaks through this channel, it could reach its all-time high of $0.7. Brandt also highlights…
A US court has ruled that Roman Storm, co-founder of the cryptocurrency mixing service Tornado Cash, will face a full trial. This comes after the court rejected Storm’s attempt to dismiss charges filed against him by the US Department of Justice. The Charges Against Storm Storm and his fellow developer, Roman Semenov, are accused of…
JPMorgan Chase is facing a federal investigation over how it handles fraud cases. The Consumer Financial Protection Bureau (CFPB) is looking into whether the bank is doing enough to protect customers who have been scammed and to shut down scammer accounts. Zelle in the Spotlight The CFPB is particularly interested in how Chase manages customers…
Bitcoin is on fire! A popular crypto analyst, Michaël van de Poppe, believes Bitcoin could skyrocket to $100,000 by the end of 2024. What’s driving this prediction? Van de Poppe says the Federal Reserve cutting interest rates and a surge in global liquidity are good news for Bitcoin and other cryptocurrencies. He also points to…
