Deloitte, a big accounting firm, predicts the super-rich will be even richer in the next few years. They say the wealth of families managed by private offices will skyrocket from $5.5 trillion today to a whopping $9.5 trillion by 2030. A Meteoric Rise in Wealth Deloitte says the super-wealthy are seeing their fortunes grow at…
The crypto market might be cooling down, but one new decentralized exchange (DEX) is heating things up. Aerodrome Finance (AERO) is gaining momentum fast, even though the overall DEX market is seeing a slowdown. According to crypto analytics firm IntoTheBlock, the total market value of major DEX tokens is currently at $26.6 billion. This is…
Former President Donald Trump is getting into the crypto game. He’s launching his own decentralized finance (DeFi) project called “World Liberty Financial” on September 16th. What is World Liberty Financial? Trump says his project is designed to help people who feel left out by traditional banks. He wants to use crypto to make finance more…
The Federal Reserve is about to make a big decision: whether to lower interest rates. This could have a huge impact on Bitcoin and other cryptocurrencies. What’s the Big Deal? The Fed controls interest rates to help the economy grow and keep prices stable. When they lower rates, it’s usually good news for risky investments…
Bitcoin has been on a roll lately, defying the gloomy predictions for September. After a shaky start, the price of Bitcoin has been climbing steadily, breaking through the $60,000 mark. But will this upward trend continue? A Potential Roadblock Ahead One crypto expert, Ali Martinez, thinks Bitcoin might hit a wall soon. He’s looking at…
Sam Bankman-Fried, the former CEO of the now-defunct crypto exchange FTX, is trying to get a new trial after being found guilty of fraud and conspiracy last November. He’s currently serving a 25-year prison sentence. A Case of Bias? Bankman-Fried’s lawyers argue that the judge, Lewis Kaplan, was biased against him and didn’t give him…
A UK court just declared Tether’s USDT a property, and it’s causing a stir in the crypto world. Let’s break down what this means and what might happen next. Good News for USDT? This ruling could be a big deal for USDT. It gives it a clearer legal standing, which might attract more investors, both…
A new lawsuit claims that banking giant JPMorgan Chase helped a Ponzi scheme scam investors out of millions of dollars. Bank Accused of Enabling Fraud The lawsuit, filed by investor David Stapleton, alleges that JPMorgan Chase knowingly enabled a fraudulent scheme run by Sanjeev Acharya, the CEO of Silicon Sage Builders. Acharya allegedly raised over…
A popular crypto analyst thinks Bitcoin could skyrocket in value before the current market cycle ends. Michaël van de Poppe, who has over 700,000 followers on social media, believes Bitcoin could jump by as much as 890% from its current price. Bitcoin as a Safe Haven Van de Poppe says investors might choose Bitcoin as…
Customers in Kentucky were left shocked and frustrated after receiving fake $100 bills from an ATM. Movie Money, Not Real Money Several people, including Tiffany Vaugh, withdrew money from an Independence Bank ATM in Providence, Kentucky, only to discover the bills were fake. These bills were marked “for motion picture purposes” and “in props we…
