Algorithmic trading (algo trading) is revolutionizing financial markets, offering speed and efficiency unmatched by human traders. But this cutting-edge technology brings significant compliance challenges for institutional investors. AI and machine learning are driving this efficiency, but regulators are struggling to keep pace. While the allure of speed, precision, and cost savings is strong, institutions need…
Six US banks have announced a potential security breach affecting their debit cards, leading to mandatory replacements for many customers. The breach originated from a third-party merchant’s payment processing system. The Banks Involved and Their Responses The affected banks include Mainstreet Bank, Savers Bank, The Village Bank, Watertown Savings Bank, Webster Five Cents Savings Bank,…
Binance, the world’s biggest crypto exchange, is adding a new token to its Launchpool. This Launchpool project, number 61, is for USUAL, the native token of a decentralized stablecoin issuer. What is USUAL? USUAL is different from other stablecoin companies like Tether and Circle. It aims to share its profits with users, unlike those other…
Dogecoin recently soared to $0.426, its highest point since its 2021 boom. But, as often happens after a big price jump, it’s now seeing a bit of a pullback. A Bullish Triangle? Or Not? A crypto analyst, Kevin, noticed something interesting on the Dogecoin chart: a symmetrical triangle pattern. This pattern, formed by consolidating price…
Donald Trump’s recent proposal to create a Strategic Bitcoin Reserve (SBR) for the US has sparked a lot of debate. He announced this plan at the Bitcoin 2024 conference, suggesting it would boost the US’s position in the digital economy and strengthen its financial standing. But is it even legal? The Legal Angle: Can the…
A major player in the 2016 Bitfinex hack, Ilya Lichtenstein, is heading to prison. He was sentenced to five years for his role in laundering a staggering $10.5 billion worth of Bitcoin. The Great Bitcoin Heist and Laundering Scheme Lichtenstein used some seriously advanced hacking skills to break into Bitfinex. He managed to steal almost…
A popular crypto analyst, Altcoin Sherpa, shared their thoughts on several cryptocurrencies, focusing on the potential for further growth. Goatseus Maximus (GOAT) Still Has Legs Sherpa believes the Solana-based memecoin, Goatseus Maximus (GOAT), has more room to run. Currently trading around $0.90, it’s already seen a massive 20x increase since October 13th. The analyst sees…
A popular crypto analyst, Credible Crypto, is predicting a major price surge for the Curve Finance (CRV) altcoin. They believe CRV could jump by over 150%. Curve Finance’s Bullish Outlook Credible Crypto, who boasts a large following on X (formerly Twitter), points to a bullish divergence in the CRV/BTC pair on the two-week chart. This…
A crypto analyst is predicting big things for Bitcoin (BTC), following its recent surge to near $93,500. This analyst, known as Rekt Capital, believes Bitcoin has entered a “parabolic phase,” meaning a period of rapid price increases. The Parabolic Phase and the Bull Market Peak Rekt Capital, with a large YouTube following, shared their analysis,…
Billionaire Mike Novogratz, CEO of Galaxy Digital, is making some big claims about Bitcoin’s future. He believes that if the US government adopts Bitcoin as a reserve asset, the price could explode to a whopping $500,000. That’s over 400% higher than its current price. A US Bitcoin Reserve? Novogratz’s prediction is based on the possibility…
