A renowned crypto strategist, Rekt Capital, predicts a potential surge in the altcoin markets in the coming weeks. He believes the recent strong performance of Ethereum-based altcoins, such as Solana (SOL) and Chainlink (LINK), could trigger a broader altcoin hype cycle similar to what was witnessed in Q4 of 2023. Solana and Chainlink Leading the…
Introduction In the previous articles, we explored the disconnect between paid-for work and paid-for time. We also learned that to get paid, you need to provide valuable work for others. When someone consumes the benefit of your work, the exchange happens value for value – work for sats. But what if the benefit is not…
Bitcoin is revolutionizing the way we think about money. It offers a peer-to-peer network for transferring funds without relying on financial institutions. However, when it comes to trading, we still need to go through trusted third parties, which can be a security risk. The Problem with Centralized Exchanges Centralized exchanges are inherently insecure because they…
Anthony Scaramucci’s Predictions At a recent conference at Duke University, SkyBridge Capital founder Anthony Scaramucci expressed his belief that Coinbase will emerge victorious in its legal battle with the U.S. Securities and Exchange Commission (SEC). Scaramucci emphasized the significance of this case, stating that it will serve as a crucial precedent for the regulation of…
SEC Charges Brian Sewell for Defrauding Students The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Brian Sewell and his company Rockwell Capital Management for allegedly defrauding investors of over $1 million. Bitcoin Academy’s Rockwell Fund Between early 2018 and mid-2019, Sewell promoted his online crypto course, the Bitcoin Academy, to hundreds…
Two elderly women in California are suing JPMorgan Chase for allegedly enabling a massive theft of over $2.2 million of their combined life savings. Victims of “Pig Butchering” Scam The plaintiffs, 76-year-old Diane Artemis Yaffe and 80-year-old Alice Lin, were victims of a “pig butchering” scam, in which con artists posing as employees from the…
The US Energy Information Administration (EIA) is launching a new survey to examine cryptocurrency mining operations in the country. The EIA, a statistical and analytical agency within the US Department of Energy, aims to monitor the electricity consumption of US companies involved in digital asset mining. The agency will also seek public input on the…
Unprecedented Bullish Setup Ikigai Asset Management’s chief investment officer, Travis Kling, believes that a unique confluence of factors will propel Bitcoin (BTC) and Ethereum (ETH) to new all-time highs (ATHs). Bitcoin’s Path to ATHs According to Kling, several factors are contributing to Bitcoin’s rally: The recent launch of spot Bitcoin ETFs, which provide safe access…
Analyst’s Predictions Renowned analyst PlanB has shared his insights on Bitcoin’s (BTC) trajectory, forecasting a rally to new all-time highs. In a video update, he addressed the likelihood of BTC dropping below $31,000, emphasizing that it’s improbable based on Bitcoin’s 200-week moving average. Bitcoin’s Floor Price PlanB explained that historically, when Bitcoin diverges from its…
Venture capitalist and crypto investor Chris Burniske says that a downward correction is the most likely scenario for digital assets in the next market phase. Market Conditions After a relatively long uptrend, crypto markets are probably due for a correction. Burniske says on social media that the macro situation is in a precarious spot. Positive…
