FTX, the collapsed crypto exchange, is finally starting to pay back its creditors – a whopping $16 billion! This has the crypto world buzzing, but opinions are divided. Is this a genuine turning point, or just more hot air? The Big Payback: What’s Happening? The plan is to start paying back creditors, with a focus…
South Korea’s stock exchange is thinking about letting people invest in cryptocurrencies through exchange-traded funds (ETFs) in 2025. This is part of a bigger plan to boost the country’s struggling stock market. Why the Change of Heart? The Korea Exchange (KRX) says the South Korean market has been pretty weak lately, partly due to global…
Billionaire investor Stanley Druckenmiller recently made some major moves with his investment firm, Duquesne Family Office. He offloaded over $2.5 billion in stocks, including completely selling off his firm’s Nvidia and Palantir holdings. New Investments and Top Holdings So, where did all that money go? A significant portion is now invested in Teva Pharmaceutical, with…
Economist Henrik Zeberg predicts a massive price jump for the Solana-based memecoin, dogwifhat (WIF). He believes WIF could surge to $19, representing a staggering 840% increase from its current price. WIF’s Potential Breakout Zeberg shared his bullish outlook on X (formerly Twitter), citing several technical indicators that mirror Bitcoin’s price action before a significant rally…
A cryptocurrency designed to fund scientific research, BIO Protocol (BIO), has seen a huge price jump after being listed on Binance, the world’s largest cryptocurrency exchange. Binance Listing Sends BIO Protocol Skyrocketing Binance announced that BIO would be added to several of its services, including Simple Earn, Buy Crypto, and Binance Futures. Almost immediately after…
The US Treasury Department has confirmed a significant cybersecurity breach, blaming state-sponsored hackers from China. The Attack According to Assistant Secretary for Management Aditi Hardikar, the breach stemmed from a compromised third-party software provider, BeyondTrust. Chinese hackers gained access to a key that allowed them remote access to Treasury employees’ workstations. This allowed them to…
Dogecoin is making headlines, with several analysts predicting a significant price increase. Let’s dive into the reasons behind this bullish sentiment. Technical Analysis Suggests a Breakout Crypto analyst KrissPax spotted a bullish pattern—Dogecoin broke out of a two-week descending wedge. This, they believe, signals a potential double-digit price surge. After a slight pullback, a rally…
Bitcoin’s price has been on a rollercoaster lately. Let’s break down what’s happening. Whales Are Selling, But It’s Not a Panic Bitcoin started the year strong, exceeding $92,000 and gaining over 6%. This was good news for investors, but the price is still stuck below the $100,000 mark. So, who’s selling? According to Ki Young…
The crypto world is buzzing! A new administration is taking office, and it seems to be much friendlier to digital currencies than its predecessor. This could be a huge turning point for the industry. A Pro-Crypto Administration? The incoming administration has appointed several key figures who are seen as supportive of crypto. This includes potential…
Binance, the world’s biggest cryptocurrency exchange, has become the first crypto exchange to get a broker-dealer license in Brazil. This is a big deal for both Binance and the Brazilian crypto market. A Landmark Achievement The Brazilian government’s approval is a significant step forward for crypto adoption in the country. Binance successfully obtained the license…
