Argentina’s President Javier Milei, known for his pro-Bitcoin stance, is facing impeachment calls following a controversial cryptocurrency debacle. The fallout centers around a new token, Libra, which he promoted, leading to significant financial losses for investors. The Libra Launch and its Rapid Collapse Milei enthusiastically promoted Libra on social media, claiming it would boost the…
A new investigation reveals a shocking connection between the now-defunct Argentinian memecoin, Libra, and Melania Trump’s NFT project, Melania. Both appear to be linked to the same team, who allegedly engaged in some seriously shady practices. The Libra Crash and Burn Libra, a cryptocurrency supposedly designed to boost Argentina’s economy, enjoyed a brief moment of…
A Washington think tank, the Atlantic Council, suggests that stablecoins might actually help the US dollar maintain its global dominance. Stablecoins: A Small but Growing Force While the $227 billion stablecoin market is small compared to the overall US capital markets ($6.22 trillion) and the entire crypto market ($3.39 trillion), it’s growing fast. If this…
Libra’s Controversial Launch Hayden Davis, a co-founder of the short-lived memecoin Libra, admitted that wallets connected to the project engaged in “sniping” – using bots to buy the coin before its public launch. This tactic, common in crypto trading, aims to capitalize on the price increase expected when other investors jump in. Davis’s Justification Davis…
Bitwise CEO Hunter Horsley is incredibly bullish on Bitcoin’s future, predicting a massive breakthrough in 2025. He shared seven reasons for his optimism on X (formerly Twitter): Seven Reasons for Bitcoin’s 2025 Boom Horsley expects a surge in Bitcoin investment from various sources: More Bitcoin ETFs: Increased investment through exchange-traded funds. Corporate Buying Spree: Companies…
A small Hong Kong company, HK Asia Holdings, made headlines recently. They bought just one Bitcoin, and their stock price exploded! A Single Bitcoin, a Massive Stock Jump On February 13th, HK Asia Holdings announced their symbolic Bitcoin purchase. Between February 13th and 17th, their stock price skyrocketed by a whopping 93%! It hit 5.50…
Bitcoin’s been unusually calm lately, trading between $91,000 and $109,000 since November 2024. This low volatility could mean a big price swing is coming – either up or down. With some positive market sentiment (thanks partly to friendlier crypto regulations), a Bitcoin surge seems likely, and when Bitcoin moves, other cryptos often follow. Here are…
Cardano is getting a serious speed upgrade thanks to a new innovation called Ouroboros Leios. This could make it one of the fastest cryptocurrencies around. How Ouroboros Leios Works The brains behind this are Input Output Global (IOG). They’ve added two new types of blocks to Cardano’s existing system: Input Blocks: These handle transactions super-fast,…
A popular crypto analyst is sharing their predictions for several cryptocurrencies, including XRP, Avalanche (AVAX), Dogecoin (DOGE), and Pepe (PEPE). XRP: Breakout Potential? The analyst believes XRP is forming a “cup and handle” pattern, a bullish signal suggesting a price increase is imminent. They predict a potential breakout if XRP surpasses $2.80, potentially leading to…
JPMorgan Chase employees are pushing back against CEO Jamie Dimon’s new policy requiring a full five-day return to the office. They argue that the mandate is a step backward and harms employees, customers, and the company’s reputation. A Petition Gains Traction A petition on CoWorker.org, which has already garnered nearly 1600 signatures out of a…
