Macro guru Luke Gromen thinks Bitcoin and gold are the top picks for investors betting on how artificial intelligence (AI) will shake up the economy. He shared his views in a recent YouTube video. AI’s Potential Economic Fallout Gromen predicts AI will cause a banking crisis. As AI takes over jobs previously done by humans,…
Bitcoin exchange-traded funds (ETFs) had a wild week. After a huge seven-day inflow of $4.7 billion, things took a downturn. A Dip and a Comeback Monday saw nearly $460 million pulled out of these funds. But the tide quickly turned! Back in the Black: A $318 Million Surge By Friday, the situation had completely reversed….
Big banks are diving headfirst into crypto, and that’s great news for meme coins! This could be the start of another huge bull run. Here are five ERC-20 meme coins worth keeping an eye on: Top Meme Coin Contenders $BEST: This coin’s name is its mission statement. It raised nearly $9 million in its presale,…
Bitcoin’s price has been stuck in a rut lately, bouncing around between $101,000 and $106,000. But one analyst, @cryptododo7 on X (formerly Twitter), thinks a big drop might be exactly what Bitcoin needs to start its next bull run. The Trump Factor and Market Manipulation? The analyst suggests that previous price swings were influenced by…
Bitcoin’s recent price dip below $100,000 has some investors worried. It’s been bouncing around between its all-time high and $97,750 for a while now, leaving the market feeling a bit uncertain. Bulls vs. Bears: A Divided Market The optimists (bulls) think this is just a temporary setback before Bitcoin rockets to $110,000 and beyond. The…
Solana’s stablecoin supply has seen a massive jump recently, thanks to the launch of a Donald Trump memecoin. A Huge Spike in Stablecoins According to crypto research firm CCData, Solana’s stablecoin supply rocketed by a whopping 73.6% since the launch of the “TRUMP” memecoin on January 18th. This surge is linked to a massive influx…
Glassnode, a big name in crypto analytics, thinks Bitcoin (BTC) can still climb higher. They’re looking at a metric called “Realized Cap,” which basically tracks the average price each Bitcoin was last bought or sold at. This helps show how many holders are making money or losing money. Realized Cap and Bitcoin’s Potential Glassnode says…
MicroStrategy, the business intelligence company, is raising a whopping $563.4 million through a new stock offering. The plan? A big chunk of that cash is earmarked for buying even more Bitcoin. Funding Bitcoin Purchases The company is selling preferred stock at $80 per share. Besides buying more Bitcoin, the funds will also cover general expenses…
A New York bank is being sued after scammers stole $15.5 million from a water and fire utility company’s account. The lawsuit claims the bank was incredibly negligent. How the Heist Happened Garden City Park Water and Fire says a scammer, pretending to be a company employee, emailed First National Bank of Long Island (now…
Bitcoin’s price has been a rollercoaster lately! This week alone, it zoomed from around $97,000 to over $106,000 before settling near $102,000. It’s anyone’s guess what will happen next – a big jump past previous highs, or a dip back down? The Long-Term Winner Despite the short-term craziness, the big picture is clear: Bitcoin has…
