Two California brothers-in-law are facing serious prison time for allegedly stealing a massive amount of money from elderly victims. A federal indictment accuses Ayman Alaaraj and Ahmad Nassar of a sophisticated bank fraud scheme. How the Scheme Worked The indictment claims that in May 2023, Nassar, sometimes with Alaaraj’s help, targeted the bank accounts of…
The Department of Justice (DOJ) is going after over $225 million in cryptocurrency allegedly stolen in a massive confidence scam. This isn’t a criminal case against individuals yet; instead, the DOJ filed a civil forfeiture complaint. This means they’re trying to seize the crypto itself, arguing it was obtained illegally or used in criminal activity….
Bitcoin’s price has dipped below $111,000, leading analysts at Glassnode to declare a market “cooling phase.” This downturn is marked by a significant shift in market sentiment. Retail Investors Retreat Glassnode reports weakening retail participation and a decrease in aggressive buying. A key indicator, the Spot Cumulative Volume Delta (CVD), has turned bearish, signaling less…
Crypto analyst Michaël van de Poppe believes Bitcoin (BTC) is poised for a significant price increase. He’s eyeing a key resistance level as the trigger for the next bull run. $106,000: The Magic Number? Van de Poppe, who boasts a large following on X (formerly Twitter), says a successful break above $106,000 would be a…
Ethereum co-founder, Joseph Lubin, believes Ether (ETH) is massively undervalued. He thinks it’s poised to become far more valuable than the entire global economy. Lubin’s Bold Prediction Lubin recently shared his bullish outlook on X (formerly Twitter). He agreed with a research paper comparing ETH to “digital oil,” but argued it didn’t go far enough….
Bitcoin’s been taking a bit of a beating lately, falling sharply below $103,000. Experts are predicting this downward trend might continue, leading to a significant price drop. Bitcoin’s Price: A Bearish Outlook Crypto expert Captain Faibik sees a bearish breakdown coming. His analysis points to a few key indicators: Bearish Divergence: Bitcoin’s price is making…
A Mexican billionaire is doubling down on his Bitcoin investment, even after a recent price drop. This shows continued strong confidence in Bitcoin among high-net-worth individuals. Pliego’s Bitcoin Strategy Ricardo Salinas Pliego, Mexico’s third-richest man, has significantly increased his Bitcoin holdings. He already owned around 70% of his portfolio in Bitcoin, and recently added a…
Bitcoin and Ethereum are currently consolidating, with altcoins like Solana and Dogecoin showing little upward movement. However, one analyst believes a massive altcoin rally is on the horizon. A Cyclical Pattern The analyst, known as Prometheus on X (formerly Twitter), points to a chart showing the total altcoin market capitalization relative to Bitcoin’s ($TOTAL3ESBTC). This…
May Mayhem in the Market Institutional investors pulled a massive $50.78 billion out of the stock market in May. That’s way up from April’s $30.93 billion and higher than the average monthly sell-off of $42.73 billion over the past year. The main reasons? Concerns about trade wars and Moody’s downgrade of the US credit rating….
Bubblemaps, a big name in crypto analytics, has just hooked up with TON, the blockchain powering Telegram’s apps. This means users can now get real-time, visual insights into TON’s activity. Visualizing TON’s Growth TON is exploding in popularity, with hundreds of thousands of daily users and millions of transactions. But until now, understanding all that…
