Bitcoin’s price has been stuck between $103,000 and $110,000 for the past month, a bit of a snooze-fest after hitting a record high of $111,931 in late May. But one analyst thinks the party’s far from over. A Bullish Signal Trader Tardigrade, a popular analyst on X (formerly Twitter), sees a strong bullish signal in…
Vietnam just made a huge leap in its approach to cryptocurrency. A new digital technology law, passed in June 2024, officially brings crypto under the country’s legal umbrella for the first time. This isn’t just about crypto, though; it’s a broader push to become a tech powerhouse. Sorting Out Digital Assets The law categorizes digital…
A crypto analyst, known as DonAlt, is predicting a massive Bitcoin crash in the next bear market. He believes that companies holding large amounts of Bitcoin will trigger the downturn. The Big Sell-Off DonAlt, who correctly predicted the 2022 Bitcoin bottom, says companies holding Bitcoin in their treasuries will be the main force behind the…
A 65-year-old Houston man, Hiep Nguyen, lost his entire life savings – $500,000 – to a sophisticated bank fraud scam, forcing him out of retirement. The Scam Nguyen received a call seemingly from the Vietnamese Embassy. The callers convinced him his identity was being used in overseas crimes like money laundering. To clear his name,…
Retail Giants Explore Crypto Walmart, Amazon, and other major corporations are reportedly considering launching their own stablecoins. This move could save them billions in transaction fees, potentially disrupting traditional finance. The idea is to create digital currencies pegged to the US dollar, offering faster and cheaper payments than traditional systems. Expedia and Airlines Join the…
Worrisome Market Signals Jeffrey Gundlach, the prominent investor known as the “Bond King,” is sounding the alarm about the US economy. He’s noticing unusual market behavior that suggests investors are growing increasingly uneasy about the country’s massive fiscal deficits. He points to strange patterns: the dollar falling even as the stock market drops significantly, and…
The crypto world has been buzzing about an “altcoin season”—a period where altcoins (cryptocurrencies other than Bitcoin) outperform Bitcoin—for months. While it hasn’t happened yet, one firm thinks it’s just around the corner. Altcoin Dominance: A Key Indicator Alphractal, a market intelligence firm, predicts altcoins will soon surpass Bitcoin. Their analysis focuses on the “Altcoin…
Circle CEO Jeremy Allaire believes stablecoins are about to explode in popularity, comparing the potential to the iPhone’s game-changing launch in 2007. While some big players are already involved, widespread developer adoption hasn’t happened yet. Big Names Jump In Major retailers like Walmart and Amazon are reportedly exploring their own US dollar-backed stablecoins. This is…
Bitcoin is holding steady, even with all the craziness happening in the world. Let’s dive into what’s going on. Navigating a Stormy Market Mid-2025 has been a wild ride for Bitcoin. We started the year with trade wars and rising interest rates causing a lot of uncertainty in the markets. Then, the conflict between Israel…
Visa and Mastercard recently took a major financial hit, losing a combined $60 billion in market value. This isn’t just a temporary dip; it signals a shift in the payments landscape. Businesses and consumers are increasingly questioning the high fees and limitations of traditional credit card networks. Enter cryptocurrencies, offering innovative, fee-free alternatives. The Rise…
