Pulaski Savings Bank in Illinois has been shut down by US regulators, marking the first bank failure of 2025. This unexpected closure has prompted action from the Federal Deposit Insurance Corporation (FDIC). FDIC Takes Over The FDIC stepped in as receiver and quickly moved all deposit accounts and most assets to Millennium Bank. This swift…
Binance, a major cryptocurrency exchange, has launched a new cryptocurrency called Animecoin (ANIME). This “culture coin” aims to give anime fans a piece of the industry. Airdrop and Listing The exchange airdropped ANIME tokens to eligible users who held BNB, Binance’s native token. This was part of Binance’s HODLer Airdrop program, which rewards long-term BNB…
A new report reveals that the Securities and Exchange Commission (SEC), under Gary Gensler’s leadership, significantly reduced its crypto enforcement actions in 2024. Fewer Cases, Bigger Fines The number of crypto-related enforcement actions dropped by 30% in 2024, down to 33 cases from the previous year’s high. While fewer cases were filed, the total penalties…
Dogecoin’s price has been a hot topic lately, with analysts offering various predictions. One recent analysis uses some pretty technical stuff to forecast both potential dips and rises. Let’s break it down. The Big Picture: Elliott Waves, Fibonacci, and Liquidity Zones This analysis looks at Dogecoin’s price action from its 2022 low to its recent…
Morgan Stanley’s new CEO, Ted Pick, has signaled the bank’s interest in exploring the cryptocurrency market. This move reflects a growing acceptance of digital assets within traditional finance. Regulatory Cooperation is Key Pick stressed the importance of working closely with US regulators on any crypto initiatives. He emphasized a careful, legally compliant approach, highlighting the…
Binance’s founder, Changpeng Zhao (CZ), is setting up a family office to manage his massive fortune. This isn’t just any family office; it’s a big deal. From Binance to YZi Labs: A New Chapter After navigating some serious legal trouble (including a brief jail stint!), CZ is rebranding Binance’s old venture capital arm into YZi…
Ethereum’s price hasn’t been setting records lately, unlike some other cryptos. But there’s still a lot of hope for ETH, and people are buying it up. Investors are Accumulating Ethereum Over the past couple of weeks, investors have been buying a lot of ETH. Crypto analyst Kyle Doops noticed this surge in activity, with both…
A popular crypto trader, known as Bluntz, is predicting a downturn for AI-related altcoins in February. Bluntz, who boasts over 300,000 followers on X, uses the Elliott Wave theory to analyze market trends. He believes the recent bull run for many AI cryptocurrencies is ending. Elliott Wave Theory and the Coming Correction Bluntz explains that…
Indian cryptocurrency exchange WazirX is one step closer to repaying users after a massive hack last year. The Singapore High Court has approved a plan to let WazirX’s parent company, Zettai, meet with users to discuss debt recovery. The Hack and its Aftermath Last July, North Korean hackers stole over $230 million from WazirX, forcing…
A popular crypto analyst, known as Credible Crypto, is changing their tune on Ethereum (ETH) versus Bitcoin (BTC). After two years of bearish predictions, they’re now predicting a significant ETH price increase relative to BTC. ETH/BTC Price Prediction Credible Crypto, with a large following on X (formerly Twitter), believes ETH could surge by at least…
