Billionaire investor Ray Dalio is urging traders to keep a close eye on the yield curve amid current economic uncertainty. He believes the Federal Reserve’s actions, particularly regarding interest rate cuts, could have significant consequences. The Yield Curve: A Key Indicator Dalio explains that if the Fed cuts interest rates too aggressively, it could create…
A former bank executive is facing a lifetime ban from the banking industry after allegedly stealing millions from his clients. Millions Missing William Shane Garrow, a former senior vice president at a BOK Financial subsidiary in Tulsa, Oklahoma, is accused of stealing approximately $3,437,536 from customer accounts between March 2021 and March 2024. The Office…
Bitcoin’s currently in a holding pattern, showing little clear direction. It’s trading sideways, with low volume and neutral indicators leaving traders unsure what’s next. Low Volume, Neutral Indicators Bitcoin’s price is slightly below its short-term moving averages, indicating a lack of strong bullish or bearish momentum. Volume is significantly lower than average, suggesting a lack…
XRP’s price has been dipping lately, dropping about 1.26% over the past week. After hitting a high of $2.58 on May 15th, it’s now around $2.06. But one analyst thinks a big price swing is on the horizon. A Bullish Prediction? Crypto analyst CasiTrade (@CasiTrade on X) believes XRP is at a crucial point. They…
South Korea is getting ready to make a big move in the crypto world. They’re aiming to launch Bitcoin and other cryptocurrency exchange-traded funds (ETFs) by the end of 2025. ETFs Coming Soon? The Financial Services Commission (FSC) has laid out a plan to the government, detailing new rules and systems for these crypto ETFs….
A crypto analyst, Dima James Potts, is predicting a huge price jump for Dogecoin – all the way to $10! While that seems crazy considering its current price, he’s basing his prediction on a fascinating pattern he’s spotted. Bitcoin’s Role in Dogecoin’s Potential Surge Potts’ prediction hinges on Bitcoin hitting a new all-time high (ATH)….
A Texas teacher, Russell Leahy, is out $32,000 after falling victim to a sophisticated scam. He says the thieves, posing as JPMorgan Chase employees, convinced him to move his life savings for “security reasons.” How the Scam Worked Leahy received a call warning of suspicious activity on his account. The scammers backed up their claims…
A massive data breach at Sysco, a major food distributor, will result in a $2.3 million payout to over 71,000 affected individuals. A court has preliminarily approved the settlement. Who Gets Paid? The settlement covers US residents who received notification from Sysco about the May 2023 cybersecurity incident. What Happened? The breach exposed sensitive personal…
A Texas man is suing two major banks after $20,000 was stolen from his account using artificial intelligence. A Sophisticated Scam Gary Cunningham claims that PlainsCapital Bank and Pathward N.A. failed to prevent the fraudulent transfer. Hackers gained access to his email and used AI to mimic his voice, convincing his accountant to send the…
Crypto trader Michaël van de Poppe is predicting big things for Bitcoin (BTC). He believes BTC is showing signs of a bullish trend. Bitcoin’s Potential Surge Van de Poppe, who boasts a massive following on X (formerly Twitter), suggests that if Bitcoin can break through the $108,900 resistance level, it could skyrocket past $112,000 and…
