Big banks are in a fierce competition to attract new customers, and they’re using some serious cash incentives to do it. JPMorgan Chase Leads the Way with $900 Bonus JPMorgan Chase is offering the biggest bonus right now, giving new customers a whopping $900 if they open both a checking and a savings account and…
Bitcoin had a rough start to October, a month that’s usually good for the cryptocurrency. Geopolitical tensions in the Middle East are partly to blame. But some people still think Bitcoin will recover later this month. A Rocky Start October is historically Bitcoin’s best month, with an average gain of 21.2%. But this year, things…
Nvidia, the tech giant known for its graphics cards, is facing a major legal battle. The US government is backing a class-action lawsuit against the company, claiming they misled investors about their reliance on cryptocurrency mining revenue. Government Steps In to Support Investors The Department of Justice and the Securities and Exchange Commission (SEC) have…
Mark Cuban, the billionaire investor and crypto enthusiast, is not happy with the SEC’s approach to regulating the crypto industry. He believes the SEC’s crackdown is pushing companies overseas and ultimately harming the industry. “Regulation by Litigation” is a Disaster Cuban argues that the SEC’s “regulation by litigation” approach is causing more harm than good….
Dogecoin took a tumble recently, joining the rest of the crypto market in a downward spiral after Bitcoin dipped below $60,000. This was fueled by rising tensions in the Middle East, with the threat of war looming. While many investors panicked, some saw this as a golden opportunity. Whales Go Shopping Big-time Dogecoin investors, known…
Wall Street’s biggest banks are predicting a golden future for gold. JPMorgan Chase, Bank of America, and five other financial giants are all bullish on the precious metal, expecting it to reach record highs by 2025. Why the Gold Rush? The experts believe several factors will fuel gold’s climb: Interest Rate Cuts: The Federal Reserve…
Crypto giant Grayscale is adding another asset to its portfolio with a new trust focused on the decentralized finance (DeFi) protocol Aave. This trust will invest solely in Aave’s native token, AAVE, and operates similar to Grayscale’s other single-asset trusts. Aave: Revolutionizing Finance? Aave, launched in 2017, aims to create a decentralized platform for lenders…
Crypto asset manager Bitwise is on a roll, filing for its second crypto ETF this week. This time, they’re aiming for a unique product called the Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC). What’s BITC? BITC is a smart move, aiming to capture the upside of Bitcoin while hedging against its wild price…
Binance, the world’s largest cryptocurrency exchange, saw its market share plummet in September, reaching its lowest point in four years. Binance’s Sinking Ship According to blockchain tracker CCData, Binance’s share of the derivatives market dropped to 40.7% in September. This is the lowest it’s been since September 2020. The exchange’s overall market share, including both…
Despite the recent dip in crypto prices, Solana is still a force to be reckoned with. While everyone’s focused on the price, the numbers tell a different story. Solana is dominating other blockchains in some key areas. A Meme Coin Factory Solana has become a breeding ground for meme coins. The platform’s low fees and…
