Investors are ditching traditional bank accounts for higher-yielding money market funds, causing a big headache for major banks like Wells Fargo, Bank of America, and Citi. The Great Money Market Migration People are tired of their savings accounts earning next to nothing. They’re now pouring their money into money market funds, which are currently offering…
A popular crypto analyst, Michaël van de Poppe, is predicting a major surge for the little-known altcoin, Omni Network (OMNI). OMNI on the Rise Van de Poppe, who has over 700,000 followers on X (formerly Twitter), believes OMNI is poised for a significant breakout. He’s particularly interested in newer coins listed on Binance, and OMNI…
A popular crypto analyst, known as Credible Crypto, is predicting a big jump for an Ethereum-based altcoin called CRV. He thinks it could rise by over 24% to reach $0.37. CRV Could Soar Credible Crypto says several factors point to a breakout for CRV, including its recent price action and technical indicators. He believes the…
A popular crypto analyst, known as Bluntz, is predicting good things for PONKE, a memecoin built on the Solana blockchain. PONKE has seen a massive surge in price this year, rising over 7,200% since January. PONKE’s Bullish Structure Bluntz believes PONKE is poised for further growth. He points to a recent breakout from an ascending…
Rho Markets, a lending platform on the Ethereum layer two network Scroll, recently faced a scary situation involving “gray hat” hackers. The Hack: Oracle Manipulation The hackers exploited a vulnerability in Rho Markets’ oracle system. Oracles are basically like messengers that bring real-world information to smart contracts on the blockchain. The hackers manipulated the oracle,…
Worldcoin, a new cryptocurrency, has been facing serious accusations of manipulation and even being a scam. Manipulation Allegations Crypto sleuth ZachXBT has called Worldcoin the “biggest scam token of the bull run,” echoing concerns raised by crypto analyst DeFi Squared. DeFi Squared claims the Worldcoin team is actively manipulating the price of their token, WLD,…
Crypto exchange WazirX was hit hard on Thursday, losing $235 million to hackers. The exchange is taking immediate action to recover the stolen funds and protect its users. WazirX Fights Back WazirX has filed a police complaint and is working with law enforcement to track down the perpetrators. They’ve also contacted over 500 other crypto…
Retail investors are losing interest in Bitcoin, according to recent data. The amount of money small investors are moving around in Bitcoin has plummeted to its lowest point in three years. This is a bad sign for the price of Bitcoin, as it shows that even though the price has been going up recently, people…
The price of XRP has been on the rise this week, and it’s not just a coincidence. Crypto analytics firm Santiment says the XRP Ledger (XRPL) has seen a huge increase in activity, with more new addresses being created and more addresses interacting with the network than they’ve seen since March. Is It Just Hype?…
Get ready for a huge transfer of wealth, folks! Billions of dollars are about to change hands as older generations pass on their assets. A Big Number: Experts say that over the next 20 years, about $83 trillion will be handed down. That’s a mind-boggling amount of money, roughly equal to the combined economic output…
