A crypto analyst named Ben Armstrong, also known as “Bitboy Crypto,” has stirred up a hornet’s nest by claiming that Cardano (ADA) and Polkadot (DOT) are “dead to institutions.” This bold statement has sparked a fierce backlash from the crypto community, with many users defending their favorite coins. Bitboy Crypto Calls Out Cardano and Polkadot…
Solana (SOL) recently took a dip, but it bounced back after failing to break below the important $118 support level. This shows that people are still interested in buying SOL at this price, preventing it from falling further and stabilizing the situation. Solana’s Price Action: A Closer Look The $118 level has been a strong…
A notorious hacker has breached a major US bank, stealing sensitive customer data from multiple financial firms. Evolve Bank & Trust Hacked Evolve Bank & Trust, a Tennessee-based lender, has confirmed that its system was compromised by the Russian ransomware gang LockBit. The hack reportedly exposed personal banking information of most of the bank’s customers,…
Cryptocurrency analyst Credible Crypto predicts a bullish future for Bitcoin (BTC) despite its recent dip below $60,000. Bullish Outlook Intact According to Credible, Bitcoin’s long-term uptrend remains strong. While the current correction may continue, it will pave the way for a significant rally. Potential Upside Credible estimates that BTC could rally nearly 80% to $100,000…
Imminent Crash Robert Kiyosaki, author of the best-selling “Rich Dad Poor Dad,” predicts a catastrophic crash for Bitcoin (BTC) and other assets. According to him, this will be the “biggest crash in history.” Bull Market to Follow Despite the impending crash, Kiyosaki believes it will be followed by a prolonged bull market. He advises investors…
Matt Hougan, Chief Investment Officer of Bitwise Asset Management, predicts a significant surge in Ethereum (ETH) value. Spot Ethereum ETFs: A $15 Billion Opportunity Hougan anticipates that spot Ethereum exchange-traded funds (ETFs) could attract up to $15 billion within 18 months of their approval, which is expected soon. Bullish Tailwinds Hougan identifies two additional factors…
The crypto market has been on a rollercoaster ride lately, with Bitcoin (BTC) taking a hit. On July 4th, BTC dropped below $60,000, and continued to slide down to $54,000. Government Bitcoin Sales: Impact Overestimated Ki Young Ju, CEO of CryptoQuant, believes that the impact of government sales of seized BTC has been exaggerated. He…
The world of cryptocurrency is split on the value of meme coins, digital tokens inspired by internet jokes and pop culture. The Hype Train for Meme Coins Meme coins have soared in popularity, with tokens like Pepe and Dogwifhat seeing huge value increases thanks to online communities and celebrity endorsements. Some analysts see potential, but…
Binance’s Illegal Operations in Nigeria A Nigerian Central Bank (CBN) official has accused Binance of operating illegally in the country. The accusations come as part of an ongoing lawsuit against the cryptocurrency exchange. Binance is accused of violating Nigerian laws by: Offering deposit and withdrawal services, which are restricted to banks and financial institutions. Allowing…
US Lagging Behind Stuart Alderoty, Ripple’s Chief Legal Officer, has criticized the United States for its lack of clear crypto regulations. He emphasized the importance of “good” regulations at a recent forum in Switzerland. Alderoty believes the US has failed to meet this standard compared to other countries. This sentiment is shared by many in…
