MicroStrategy, a business intelligence company, has recently increased its Bitcoin holdings, resulting in a significant unrealized profit. The company’s bet on Bitcoin has paid off, with its unrealized profit now exceeding $3 billion. Recent Bitcoin Price Surge Drives Massive Unrealized Profit MicroStrategy, founded by Bitcoin advocate Michael Saylor, now holds over $9 billion worth of…
A JPMorgan Chase customer, Avalon Grimes, lost her life savings when she fell victim to a phone scam. The scammer used a technique called spoofing to mimic Chase’s actual phone number and convinced Grimes to transfer her money to another account. Apple’s Response Apple has responded to the incident by removing a group of apps…
A small-cap altcoin, COTI, has seen a significant surge in value, rising over 40% in the past 24 hours. This surge is attributed to the project’s recent upgrade to a privacy-centric Ethereum layer-2 (L2) blockchain. Privacy-Centric Upgrade The development team behind COTI, a decentralized payments platform, announced the successful upgrade of the project to become…
Florida is holding a staggering $2.7 billion in unclaimed assets on behalf of its residents. The state defines “unclaimed property” as a financial asset that is unknown or lost, or has been left inactive, unclaimed, or abandoned by its owner. The most common types of unclaimed property are dormant bank accounts, unclaimed insurance proceeds, stocks,…
Large Ethereum Outflows Ethereum (ETH) experienced a significant outflow from centralized exchanges this week, potentially easing selling pressure on the market. IntoTheBlock, a crypto analytics firm, reported that Ethereum’s netflows, which measure the movement of ETH in and out of exchanges, showed a net outflow of over $1 billion. Lucas Outumuro, IntoTheBlock’s head of research,…
Polkadot (DOT) Michaël van de Poppe, a popular crypto analyst, believes that Polkadot (DOT) is poised for a significant rally. DOT is currently trading at $7.21, up 1.97% in the last 24 hours. If DOT can break through its immediate resistance at $9.40, van de Poppe predicts that it could surge more than 135% to…
A popular crypto analyst, Rekt Capital, predicts that Bitcoin (BTC) is entering a pre-halving rally phase and may follow a historical pattern over the next two months. Key Points: Bitcoin may experience a temporary rise above $46,000 but stay below it on the monthly chart. The halving event, occurring every four years, reduces miners’ rewards…
A popular crypto analyst, known as Altcoin Sherpa, is bullish on a newly launched altcoin, Dymension (DYM), and believes it has the potential to climb even higher. Dymension: A Modular Blockchain with Upside Potential Altcoin Sherpa sees significant upside potential in Dymension (DYM), a modular blockchain token. Modular blockchains are designed to be more scalable…
A renowned cryptocurrency analyst, known as Bluntz, believes that Bitcoin (BTC) is poised for a substantial rally, potentially reaching levels not seen since December 2021. Bluntz, with a significant following on social media, suggests that Bitcoin is undergoing a wave-three surge, based on the Elliott Wave theory. This theory attempts to predict price action by…
Introduction Cryptocurrency analyst and game designer Chad Steingraber has analyzed the potential effects of an XRP Exchange Traded Fund (ETF) on the value of XRP. He provided a detailed breakdown of how an XRP ETF approval could lead to a significant price increase for the cryptocurrency. XRP ETF and Price Increase Steingraber revisited a series…
