Senator Dick Durbin is proposing a new law to crack down on crypto ATM scams. The move comes as the number of these machines in the US is dropping. A Surge in Crypto ATM Scams The Federal Trade Commission (FTC) reported a staggering $66 million in losses from crypto ATM scams in the first half…
A well-known crypto analyst, Credible, is predicting a significant Bitcoin price drop. He’s shared his forecast with his large following on X (formerly Twitter). Bitcoin’s Potential Plunge Credible believes Bitcoin (BTC) could fall below its recent low of $78,000. This prediction comes after BTC failed to hold the $90,000 level. He sees this potential drop…
CryptoQuant’s CEO, Ki Young Ju, is sticking to his prediction that Bitcoin (BTC) is still in a bull market. He shared this on X (formerly Twitter), citing recent price action and on-chain data as evidence. Coinbase Whales and the Bitcoin Surge Over the weekend, Bitcoin’s price jumped from around $84,000 to nearly $94,000. Ju credits…
Dogecoin and Shiba Inu, two popular meme coins, recently experienced a significant price drop. Let’s explore the reasons behind this downturn. Trade Wars and Economic Uncertainty A major factor contributing to the crash was Donald Trump’s announcement of increased tariffs on Canada and Mexico. This sparked fears of a wider trade war, leading to a…
Bitcoin’s been on a wild ride lately, with prices swinging wildly. Let’s break down what’s been happening. A Week of Extreme Volatility Last week, Bitcoin hit a high of $96,000, only to plummet 18% to $78,000 in a single day. This caused a lot of worry, with many wondering if a bigger correction was coming….
President Trump’s recent announcement about a “crypto strategic reserve” sent crypto prices soaring, briefly. The proposed reserve included Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). But this excitement was short-lived. A Quick Rise, A Faster Fall The initial price jump quickly reversed within 48 hours. Analysts point to Trump’s ongoing tariff policies…
Crypto markets are down again, leaving many wondering what’s going on. A recent whale’s big win adds to the confusion. A Whale’s Big Gamble One crypto whale made a massive $6.8 million profit over the weekend. They placed a leveraged bet on Hyperliquid, a risky move that could have easily resulted in a significant loss….
The recent $1.5 billion theft from Bybit exchange serves as a major wake-up call for the crypto industry. This massive heist, the largest in crypto history, underscores the urgent need for better security practices. The Scale of the Problem The Bybit hack isn’t an isolated incident. Cryptocurrency platforms are facing a surge in cyberattacks. In…
A popular crypto trader, known as Altcoin Sherpa, is predicting price increases for several altcoins, particularly those in the artificial intelligence (AI) sector. He shared his insights with his large following on X (formerly Twitter). AI Altcoin Predictions Sherpa is bullish on KAITO, an AI-powered Web3 platform. He’s targeting a price increase to $2.50, approximately…
Institutional investors pulled a record amount of money out of cryptocurrency investment products last week, according to CoinShares. The outflow totalled a staggering $2.9 billion, marking the third consecutive week of withdrawals and the largest single-week drop ever recorded. Over the past three weeks, a total of $3.8 billion has flowed out. What Caused the…
