A major South Korean cryptocurrency platform, Delio, has filed for bankruptcy. This leaves roughly 2,800 investors unable to access their crypto, totaling a staggering $1.75 billion. The Court’s Decision The Seoul Rehabilitation Court officially declared Delio bankrupt. The court cited Delio’s inability to allow withdrawals since mid-2024 as the primary reason. This means thousands of…
A new report reveals a worrying trend: the US government is spending more on interest payments for its massive debt than on national defense. This is raising serious concerns about national security. Interest Payments Outpace Defense Spending The Bipartisan Policy Center (BPC), a Washington-based think tank, warns that the US’s $36 trillion national debt is…
A popular crypto analyst, Altcoin Sherpa, is predicting a bullish future for Dogecoin (DOGE) and other cryptocurrencies. With a large following on X (formerly Twitter), Sherpa shared his insights on the current market trends. Dogecoin’s Potential Sherpa believes Dogecoin is poised for another significant price increase. He points to a bullish pattern on the four-hour…
A crypto analyst who correctly predicted the 2022 crypto market crash is sounding the alarm again. They believe Bitcoin (BTC) could be nearing a peak and is due for a significant correction. Reasons for Concern The analyst, known only as “Capo,” cites several reasons for their bearish outlook: Overly Bullish Sentiment: The market is currently…
A popular crypto analyst, known as Credible Crypto, is predicting big things for XRP. They believe this altcoin is about to hit a new all-time high much faster than most people expect. XRP’s Recent Performance and Future Predictions XRP’s price has more than doubled in the last two weeks, currently trading around $1.41. Credible Crypto,…
The crypto industry is hoping for a big change with the incoming Trump administration. The Blockchain Association, a group that promotes crypto, has sent a plan to Trump and Congress outlining how to make the US a crypto leader again. Making Crypto Great Again: The Association’s Key Proposals The Association’s CEO, Kristin Smith, believes a…
Dogecoin’s price has been pretty steady since mid-November, but a special chart pattern is causing excitement. Analysts are calling it a “high tight flag,” and it’s suggesting a big price jump could be on the way. A Rare Bullish Pattern A trader known as Tardigrade, who’s known for their technical analysis, spotted this high tight…
Bitcoin is getting closer to the coveted $100,000 mark, and its mining power is exploding! Let’s break down what’s happening. What is Hashrate? The “hashrate” measures the total computing power used by Bitcoin miners. Think of it as the collective muscle of all the computers working to secure the Bitcoin network. It’s measured in terahashes…
The UK is finally getting serious about regulating cryptocurrencies. The Labour government plans to unveil a comprehensive set of rules early in 2025, with a big focus on stablecoins and crypto staking. Stablecoins and Crypto Staking in the Spotlight The government’s economic secretary, Tulip Siddiq, confirmed the upcoming regulations at a recent conference. She highlighted…
Aptos, a Layer-1 blockchain, is integrating Stripe’s payment services and adding USDC stablecoin support. This move aims to make Aptos more user-friendly and accessible. Stripe Onboard for Payments Stripe’s payment system will act as a bridge, allowing users to easily move traditional money (fiat) onto the Aptos network. This is a big step for Aptos,…
