The US Treasury is stepping in to help the bond market, which has been struggling lately. They’re buying up to $50 billion worth of US bonds from now until the end of October. Why is the Treasury doing this? The bond market is huge, worth over $25 trillion. Lately, there’s been less interest from buyers,…
Indian crypto exchange WazirX is doing something pretty drastic after being hacked for a whopping $230 million in July. They’re rolling back all trades made since the hack and restoring everyone’s account balances to what they were before the attack. Rolling Back the Clock WazirX says they made this decision after listening to their users….
A recent online meeting between crypto leaders and Democratic Party officials turned into a heated debate, highlighting the ongoing tension between the two groups. A Tense Atmosphere The meeting, hosted by California Congressman Ro Khanna, was intended to bridge the gap between the crypto industry and the Democratic Party, especially in the lead-up to the…
Dogecoin (DOGE) is showing some serious strength lately, with its price steadily climbing. Experts are predicting that it could even reach $0.1144 soon. Why the Bullish Sentiment? Several factors are contributing to this positive outlook for DOGE: Technical Indicators: The 4-hour chart shows DOGE breaking through the 100-day Simple Moving Average (SMA) and heading towards…
A crypto analyst thinks Dogecoin (DOGE) could go way up in price, maybe even hit $1! Here’s why: Dogecoin’s Bullish Path The analyst, known as “Cryptorphic,” says Dogecoin has been steadily building up for a while. It recently broke out of a long-term price range, which is a good sign. He also points to some…
Winklevoss Calls Out Harris’ Crypto Promises Tyler Winklevoss, co-founder of Gemini, is calling out Vice President Kamala Harris for claiming to be “resetting” the Biden administration’s stance on crypto. He believes that the administration is actually doubling down on its anti-crypto policies. Operation Choke Point 2.0 Is Alive and Well Winklevoss says that the government’s…
JPMorgan Chase, Bank of America, and Wells Fargo are facing a federal investigation over their handling of scams and fraud on the popular instant payment platform Zelle. The Consumer Financial Protection Bureau (CFPB) is looking into how these banks deal with disputed transactions on the network. The investigation comes after complaints that the banks aren’t…
A popular crypto analyst is warning Bitcoin (BTC) could be in for a big fall if it drops below a key support level. Bitcoin at a Tipping Point Jason Pizzino, who has over 300,000 YouTube followers, says Bitcoin’s bull market could be over if it falls below $44,600. He calls this the “flipping point” between…
A new survey has revealed a major disconnect between what younger generations expect to inherit and what older generations actually plan to leave behind. Millennials: Expecting More Than They’ll Get The survey found that 32% of Millennials expect to receive an inheritance, but only 22% of Gen X and Boomers plan on leaving one. For…
Crypto investor Chris Burniske is predicting a big boom in the crypto market, but warns of some bumps along the way. A Bullish Outlook Burniske, a partner at Placeholder, a digital asset venture firm, believes the crypto market is primed for a massive bull run. He cites a recent market correction and an expected increase…
