Bitcoin recently surged past $100,000, exciting investors. But a closer look at the data reveals a potential problem. A Price Jump, But Low Interest While Bitcoin hit a high of $103,800 (its best since January!), the amount of money invested in Bitcoin derivatives hasn’t followed suit. This is measured by “open interest” (OI), and it’s…
Bitcoin’s price has been on a tear lately, climbing back above $100,000 after hitting a low of $74,000. Could this be the start of a massive price surge? Some analysts think so. Is Bitcoin Following Gold’s Lead? CryptoQuant analyst Ibrahim Cosar thinks Bitcoin might be poised for a parabolic rally, similar to gold’s recent performance….
BlackRock, a major investment firm, recently met with the SEC’s crypto task force to chat about all things crypto. This meeting highlights the growing US interest in the crypto world. Staking and ETFs: A Big Deal A key topic was staking in ETFs (exchange-traded funds). BlackRock wanted the SEC’s take on allowing ETFs that offer…
Major US banks are bracing for potential loan defaults. Facing growing economic uncertainty, they’re setting aside a massive amount of money to cover possible losses. Billions in Provisions According to S&P Global, JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup – the four biggest US banks – are collectively putting aside a staggering $34.87…
Wellgistics Health (WGRX), a pharmaceutical distribution and healthcare infrastructure company, saw its stock price plummet after announcing a new initiative involving XRP cryptocurrency. XRP Integration Tanks Stock Price The company secured a $50 million credit facility to use XRP for real-time payments and as a treasury reserve asset. They’re building a platform to enable instant…
A Phoenix, Arizona man is going to prison for a multi-million dollar romance and money laundering scheme. Romance Scam Turns into Millions in Losses Kingsley Ibhadore, a 37-year-old US resident and Nigerian citizen, conned multiple women into sending him large sums of money through online relationships. Victims sent checks ranging from $30,000 to $200,000, believing…
Saudi Arabia is reportedly delaying its formal entry into the BRICS alliance to avoid upsetting the United States. A Delicate Balancing Act According to sources, despite attending a recent BRICS meeting in Brazil and even appearing on the group’s website as a member, Saudi Arabia is hesitant to fully commit. This is a tricky situation…
Crypto analyst Master Ananda is incredibly bullish on TRUMP coin, predicting a massive price surge to $79 – a new all-time high (ATH). He’s using the Elliott Wave Theory to support his forecast. The Road to $79 According to Ananda, TRUMP coin will hit $79 during “Wave 5” of the Elliott Wave structure. This wave,…
Bitcoin is holding steady around $103,000 after a big jump last week. This pause could be a period of accumulation before the next big move. Most people seem to think the price will keep going up. The $109,000 Target A key level to watch is the all-time high of $109,000. If Bitcoin’s momentum continues, we…
WhiteBIT Group’s recent International Crypto Trading Cup (ICTC) 2025 was a groundbreaking event – the first-ever live-streamed crypto trading competition. We talked to WhiteBIT’s President, Volodymyr Nosov, and CMO, Alex Kozenko, to learn about the event and the company’s vision. WhiteBIT: More Than Just an Exchange Volodymyr Nosov explained that WhiteBIT is part of a…
