Bitcoin recently shot up past $94,000, exciting many crypto investors. But it hasn’t really broken through the $95,000 barrier. This is puzzling, especially since many predicted a fifth wave that would easily push Bitcoin over $100,000. The Elusive 5th Wave Looking at the weekly Bitcoin chart through the lens of Elliott Wave Theory, we see…
A crypto exchange, Loopscale, got hit with a major hack, losing $5.8 million. But here’s the twist: the hackers agreed to give most of it back. The Deal After a successful negotiation, Loopscale struck a deal with the hackers. The hackers will keep 10% of the stolen crypto ($580,000) as a “bounty,” and return the…
Trump’s pro-crypto policies are causing a surge in crypto investment. This new wave of support is making investors wonder which cryptos are the best buys right now. Big Companies are Jumping In The trend started with companies like MicroStrategy, which now holds over 538,000 Bitcoins, worth over $50 billion! This massive investment has attracted other…
Bitcoin is making a huge comeback, and for good reason. More and more companies are using Bitcoin as a reserve asset, creating their own Bitcoin treasuries. This trend, called “hyperbitcoinization,” could pump trillions into Bitcoin. The Bitcoin Treasury Boom Companies are jumping on the Bitcoin bandwagon, forming treasuries specifically to hold BTC. This is a…
A popular crypto analyst, Altcoin Sherpa, is predicting big things for the Solana-based memecoin, Bonk (BONK). Bonk’s Bullish Outlook After a stellar April with over 60% gains, Sherpa believes Bonk still has room to run. He points to a breakout from an accumulation zone on the three-day chart, suggesting a potential price surge to $0.0000262….
Paradigm, a major venture capital firm, is investing nearly $50 million in Nous Research, a Solana-based AI startup. This investment values Nous Research at a billion dollars. Decentralized AI Training Nous Research is taking a unique approach to AI. Instead of using massive, centralized data centers for training its language models, they plan to use…
Nike is being sued by investors who claim the company pulled the rug out from under them after shutting down its NFT business. Investors Claim “Rug Pull” The lawsuit, filed by a group of investors led by Australian resident Jagdeep Cheema, alleges that Nike’s abrupt closure of its RTFKT Studios NFT project caused significant losses….
The International Monetary Fund (IMF) is warning of a significant slowdown in the global economy. This downturn is mainly due to the uncertainty caused by trade tariffs. A Shaky Global Economy The IMF’s new World Economic Outlook Report states that the global economy has recently stabilized after a rough patch. However, new risks are emerging,…
Shiba Inu (SHIB) has been relatively quiet lately, but some analysts believe a big price jump is coming. One analyst on X (formerly Twitter) predicts a massive 17x increase. A Technical Analysis Suggests Big Gains The analyst’s chart shows SHIB is in a “symmetrical triangle” pattern. This pattern often leads to significant price movements once…
A crypto analyst, Burak Kesmeci, predicts Bitcoin (BTC) could reach $124,000 based on a model using the Golden Ratio. This follows a recent price surge, suggesting further growth is possible. The Golden Ratio and Bitcoin’s Price Kesmeci’s prediction uses a “Golden Ratio Multiplier” model. This model combines moving averages and Fibonacci ratios to gauge whether…
