Ethereum has been a bit of a disappointment this year. While everyone expected it to soar alongside Bitcoin, it’s been stuck in the mud, failing to even reach $4,000. And it looks like things might get worse before they get better. Summertime Blues for Ethereum Historically, the third quarter (July, August, September) has been a…
Several major US banks are facing lawsuits for allegedly ripping off customers with sneaky tactics. The Big Bank Scam The accusations center around a practice called “cash sweep programs.” These programs quietly move customers’ idle money into accounts with almost no interest, allowing the banks to rake in huge profits. JPMorgan in the Hot Seat…
A well-known economist thinks the upcoming US presidential election could have a big impact on the crypto market. Trump or Harris? Different Crypto Winners? Alex Krüger believes that altcoins, like Solana, could do well if Donald Trump wins. But if Kamala Harris takes the presidency, he thinks Bitcoin will be the top performer. Krüger says,…
Investors are betting big on the Federal Reserve cutting interest rates soon, and they’re putting their money where their mouth is. Last week, a whopping $17.69 billion was poured into global bond funds, with a huge chunk of that, $9.58 billion, going into US bond funds. This is the highest amount in six weeks. US…
Crypto analyst Jason Pizzino is predicting a surge in altcoin prices in the fourth quarter of this year. He believes this “altcoin bounce” could happen after the US presidential election on November 5th. Tether Dominance: A Key Indicator Pizzino points to the declining market share of Tether (USDT), a stablecoin pegged to the US dollar….
Ethereum’s price has been bouncing around lately, stuck between $2,500 and $2,750. It even dipped as low as $2,400 last week. While things haven’t been great for ETH lately, one analyst thinks it’s still on the right track. The Realized Price Argument An analyst on the CryptoQuant platform, known as Crypto Sunmoon, argues that Ethereum…
The crypto market is currently in a slump, with altcoins struggling to gain traction. Lido DAO (LDO) is no exception, experiencing an 18% drop in price over the past week. This decline has shaken investor confidence, but there’s a glimmer of hope. Lido DAO Shows Signs of Growth Despite the overall market downturn, Lido DAO…
Render (RENDER) has taken a big hit recently, dropping 29% from its peak. But there’s a glimmer of hope: it’s holding strong above a crucial support level. This could mean big things for Render in the coming weeks. Why Render Could Be About to Surge While the broader crypto market is struggling, Render is showing…
August saw the lowest monthly crypto losses of the year, but the overall picture isn’t so rosy. A Quiet August for Hackers Crypto losses in August were a measly $15.1 million, a huge drop from the previous month and even last year. The majority of the losses came from just five hacks, with no reported…
The arrest of Pavel Durov, founder of the messaging app Telegram, in France has sparked a debate about the future of internet regulation and the responsibilities of tech companies. A Case with Global Implications Durov’s arrest stems from an investigation into alleged criminal activity on Telegram, including child pornography, drug trafficking, and money laundering. French…
