A massive wealth management firm, overseeing a staggering $48 billion in assets, predicts a significant jump for the S&P 500. They believe the index will reach record highs by year’s end. AI, Disinflation, and a Global Bull Market According to Mary Ann Bartels, the firm’s chief investment strategist, several factors are aligning to fuel this…
A crypto analyst, known as TechDev, is predicting a massive surge in altcoin prices. He’s been tracking a specific market indicator for years and believes it’s about to explode. A Five-Year-in-the-Making Signal TechDev shared his analysis on X (formerly Twitter), pointing to a chart called “TOTAL3.” This chart tracks the total market cap of all…
A massive data breach at the Centers for Medicare & Medicaid Services (CMS) has exposed the personal information of over 100,000 Americans. What Happened? Hackers created fake Medicare.gov accounts using information likely obtained from outside sources. This information included names, birth dates, Medicare numbers, and addresses. Once inside the accounts, they accessed even more sensitive…
Bitcoin recently hit a high above $120,000, prompting a massive sell-off by the very people who mine it. This is causing some concern about the future of the rally. Miners Dumping Bitcoin On July 15th, miners sent a whopping 16,000 Bitcoin to exchanges – the highest single-day amount since April. This huge outflow suggests miners…
Bitcoin recently hit a new high of $122,838, but it’s now trading around $118,000. Despite this slight dip, the overall market sentiment is still very positive. Greed is Good (But Not Too Good) The Fear & Greed Index shows Bitcoin’s greed level at 68, indicating bullish sentiment. While this is in “greed” territory, it’s not…
Indian cryptocurrency exchange, CoinDCX, recently experienced a major security breach, resulting in the loss of $44 million. This follows a similar, even larger, attack on WazirX last year. What Happened? According to CoinDCX CEO Sumit Gupta, hackers breached one of their internal operational accounts. Importantly, Gupta stressed that user funds are safe and unaffected. The…
Big companies are piling into Bitcoin! Over just five days (July 14-19), a whopping $810 million worth of Bitcoin was added to corporate treasuries. The Big Spenders This wasn’t just a few small purchases. Several major players made significant moves: Michael Saylor’s Strategy: Snapped up a massive 4,225 BTC. Metaplanet: Added 797 BTC. Sequans (France):…
Bitcoin hit a record high, exceeding $123,000 for the first time ever! This sent the internet into a frenzy, with Bitcoin dominating crypto-related social media posts. Social Media Mania and Market Moves Social media chatter about Bitcoin went through the roof as the price peaked. According to data analysis, a whopping 43% of all crypto…
The GENIUS Act, recently signed into law, aims to regulate stablecoins and boost the US dollar’s role in the digital economy. But not everyone’s happy about it. Marjorie Taylor Greene’s Strong Opposition Rep. Marjorie Taylor Greene, a vocal critic, believes the GENIUS Act is a sneaky way to introduce a Central Bank Digital Currency (CBDC)…
Ray Dalio’s Bridgewater Associates, a giant in the hedge fund world, has made some significant portfolio changes. They’re betting big on gold and the Chinese tech giant Alibaba, while scaling back their investment in the US stock market. Cutting Back on Stocks, Buying Gold Bridgewater reduced its holdings in the SPDR S&P 500 ETF, a…
