The US government’s debt just hit a new record high, adding a whopping $204 billion in just 24 hours on the first day of the new fiscal year. Debt on the Rise The national debt jumped from $35.46 trillion on September 30th to $35.67 trillion on October 1st. This huge increase is a sign that…
A crypto analyst is predicting a big week for the Solana-based memecoin, Bonk (BONK). Bonk’s Bullish Run Bluntz, a popular crypto trader on X (formerly Twitter), believes that Bonk is in the middle of a five-wave rally, based on the Elliott Wave theory. He predicts that Bonk could reach as high as $0.000033, a significant…
Bank of America is experiencing a major outage, leaving customers unable to access their accounts online or through their mobile apps. Many users are reporting that their account balances are showing as $0.00. The Problem: The outage began around noon EST and has affected tens of thousands of Bank of America customers. While the exact…
Dogecoin has been making headlines lately, with a lot of buzz around new investors jumping on board. A Big Jump in New Users The number of new Dogecoin addresses – basically, new accounts – has exploded. In just one week, there was a whopping 72% increase! This suggests a lot of new people are buying…
The idea of the US government holding a large amount of Bitcoin is gaining traction across the political spectrum. Senator Cynthia Lummis, a known crypto advocate, has proposed legislation to use federal funds to buy one million Bitcoin, making the US the world’s largest holder of the cryptocurrency. Not just Republicans: While the Republican party…
Edward Snowden, the famous whistleblower, recently criticized Solana at the TOKEN2049 conference in Singapore. He argued that Solana’s centralized design makes it vulnerable to scams and government control. Snowden’s Concerns Snowden compared Solana to Bitcoin, saying that Bitcoin’s design is more resistant to attacks because it’s decentralized. He claimed that Solana, on the other hand,…
Bitcoin has been on a bit of a rollercoaster ride lately, dropping 10% last week. But it’s holding strong above a key support level, which could mean good things for the price. Whales Are Buying Big Analysts are watching closely to see if Bitcoin can bounce back. One thing that’s got everyone excited is that…
Vitalik Buterin, the mastermind behind Ethereum, has thrown his support behind Polymarket, a decentralized betting platform that’s been under fire for its war-related markets. Betting on Conflict Polymarket allows users to bet on the outcomes of real-world events, including geopolitical conflicts. This has sparked criticism, with some arguing that it trivializes serious situations. “It feels…
A popular crypto trader, known as The Flow Horse, has identified six altcoins that are currently leading the pack. He believes these coins are the fastest movers in the digital asset market right now. The Top Six Altcoins The Flow Horse, who is known for his accurate altcoin predictions, highlighted six coins in his Telegram…
A popular Bitcoin analyst is saying that the cryptocurrency is no longer looking bearish, thanks to some positive indicators. Key Indicators Point to a Shift The analyst, known as Checkmate, pointed to several key indicators that are flashing green: Active-Value-to-Investor-Value (AVIV) Ratio: This ratio, which measures the difference between the active capitalization and the realized…
