Credit card debt is at an all-time high, and major banks are feeling the pain. JPMorgan Chase, Wells Fargo, Bank of America, and Citigroup are all reporting major losses from bad loans. These four giants lost a combined $6.9 billion in the third quarter of this year, mostly due to people defaulting on their credit…
Get ready for some serious memecoin magic! A lucky crypto trader has turned a small investment into a massive fortune in just a few days. From Peanuts to Millions According to on-chain data tracker Lookonchain, a savvy investor, who calls himself “stupidmoney.sol,” bought $727 worth of Goatseus Maximus (GOAT) on a Solana blockchain. Five days…
Big investors, known as “whales” in the crypto world, have been buying up Ethereum (ETH) in a big way over the past month. Whales are bullish on ETH According to crypto analytics firm IntoTheBlock, these whales, who own more than 0.1% of the total Ethereum supply, have added over 1.7 million ETH to their holdings…
A popular crypto analyst is bullish on an AI-powered altcoin, while suggesting a wait-and-see approach for Solana and recommending some meme coins for long-term investors. Fetch.ai: A Good Buy and Hold The analyst, known as Altcoin Sherpa, is particularly excited about Fetch.ai (FET), which is part of the Artificial Superintelligence Alliance. He believes the technical…
A Big Bet on Trump Someone using the name “Fredi” has been placing huge bets on former President Donald Trump winning the next election on the crypto platform Polymarket. These bets have pushed Trump’s odds way up, from basically even with Vice President Kamala Harris to a whopping 60.7%. Is Polymarket Being Manipulated? A crypto…
For years, investors have debated the best way to protect their money during tough times. While bonds have always been a popular choice, especially for conservative investors, Bitcoin has become increasingly attractive to younger generations and tech enthusiasts. Bank of America Favors Gold Despite economic uncertainty and rising inflation, Bank of America analysts believe gold…
A DeFi expert is predicting massive price increases for several cryptocurrencies, including XRP, Shiba Inu, and a new project called ETFSwap. This expert believes these coins could make you a millionaire if you invest now. ETFSwap: A 20,700% Return? ETFSwap (ETFS) is a new platform that aims to bring traditional financial products like ETFs to…
A crypto analyst is making waves on social media, suggesting that Dogecoin’s price might mirror XRP’s performance during the last bull market. This could mean bad news for Dogecoin holders. A Tale of Two Cryptos The analyst, Tony “The Bull” Severino, noticed a striking similarity between the price charts of XRP and Dogecoin. Both cryptos…
Synthetix, a protocol that helps other DeFi projects get their hands on some liquid assets, is the busiest bee in the DeFi hive right now. Lots of Code, Lots of Hope According to crypto data experts Santiment, Synthetix has been churning out code like crazy over the past month. They’ve had more than 260 notable…
Crypto analyst Benjamin Cowen thinks Ethereum (ETH) might be nearing its lowest point against Bitcoin (BTC) in the coming months. ETH/BTC: A Bottom in Sight? Cowen, who has a big following on social media, believes the ETH/BTC pair will likely hit bottom before the end of the year. He doesn’t think it will drop much…
