America’s biggest banks are having a phenomenal year, grabbing a bigger share of the banking industry’s profits than they have in almost a decade. Profit Powerhouse JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo – the top four – made a combined $88 billion in the first nine months of the year. That’s a…
A cryptocurrency exchange token is bucking the recent market trend, surging almost 30%. Bitget Token’s Big Jump The Bitget Token (BGB) is currently trading at $7.37, a 28% increase in the last 24 hours and over 70% in the past week. This significant rise comes on the heels of an announcement that Bitget plans to…
A whopping $1.7 billion in cryptocurrency vanished in 2024, mostly because hackers stole private keys, according to a new report from cybersecurity firm Hacken. This makes private key theft the biggest threat facing crypto investors. Private Keys: The Weak Link Hacken’s 2024 Web3 Security Report shows that private key theft dwarfed other types of crypto…
South Korea just slapped sanctions on 15 North Koreans accused of using cybercrime to fund their country’s weapons program. The Ministry of Foreign Affairs named the individuals, all allegedly working overseas, primarily in China, Russia, Southeast Asia, and Africa. These individuals reportedly disguise their identities to work for IT companies, stealing information and launching cyberattacks….
Analyst James Van Straten says that the activity of big Bitcoin investors (“whales”) on the Bitfinex exchange is a pretty good predictor of Bitcoin’s price movements. What the Whales Are Doing Van Straten looked at the number of long Bitcoin positions (bets that the price will go up) on Bitfinex over the past few years….
TRON is having a moment. The blockchain network is seeing massive growth, with record-breaking fees and a surge in activity. Let’s dive into the details. Record-High Transaction Fees TRON smashed its previous record in October, raking in over $200 million in transaction fees – the highest monthly revenue ever! November wasn’t too shabby either, with…
Bitcoin’s popularity exploded on X (formerly Twitter) in 2024. Over 140 million tweets mentioned Bitcoin—a 65% year-over-year increase! This shows a huge surge in interest. What Fueled the Bitcoin Buzz? Several big events drove this Bitcoin boom: Spot Bitcoin ETFs Approved: The US Securities and Exchange Commission (SEC) finally approved spot Bitcoin exchange-traded funds (ETFs)…
Ethereum had a bit of a rough 2024. While Bitcoin hit record highs, ETH lagged behind, leaving some investors wondering what’s up. But things might change next year. History shows altcoins often boom after Bitcoin’s halving, and that could be good news for ETH. Ethereum’s Growing Strength One thing going for Ethereum is its loyal…
A popular crypto analyst, Altcoin Sherpa, is predicting a massive surge in altcoin prices in the coming weeks and months. He shared his bullish outlook with his over 230,000 followers on X. Why the Altcoin Optimism? Sherpa’s prediction is based on several factors: Years of Consolidation: Many altcoins, he argues, have been consolidating for a…
Crypto analysts are predicting a potential further downturn in the cryptocurrency market before any significant price increases. Several prominent figures have voiced concerns about the recent market activity. More Downside Ahead? Kaleo, a well-known crypto trader with a large following on X (formerly Twitter), believes Bitcoin and other cryptocurrencies could see lower prices before another…
