Macroeconomic analyst Raoul Pal is urging investors to ignore the doomsayers and embrace the current market opportunity. Pal, founder of Real Vision and Global Macro Investor, believes that fears of recession and inflation are overblown. He argues that governments are strategically injecting liquidity into the economy, a move that historically has boosted assets like stocks…
A huge pot of money is sitting unused, waiting to help California families pay for college. The state’s CalKIDS program has allocated hundreds of millions of dollars in college savings accounts, but most of it remains unclaimed. Who’s Eligible? All Californians born after July 1, 2022 are eligible for at least $175. Low-income public school…
MultiversX (EGLD), formerly known as Elrond, is still the king of crypto gaming development, according to the crypto analytics firm Santiment. They say that MultiversX has had a whopping 264.9 “notable” GitHub events in the past month, which is a lot! What does this mean? Basically, it shows that the developers behind MultiversX are super…
A major banking giant is facing a hefty fine for defrauding the Treasury market. The US Department of Justice (DOJ) says TD Bank’s brokerage arm, TD Securities, has agreed to pay a $15.5 million penalty to settle criminal charges. Spoofing Scheme Exposed The DOJ alleges that a TD Securities trader, Jeyakumar Nadarajah, placed fake orders…
David Carmona, the mastermind behind a cryptocurrency Ponzi scheme called IcomTech, is going to jail for 10 years. How the Scam Worked Carmona and his crew started IcomTech in 2018, pretending it was a legit crypto mining and trading company. They promised investors big returns on their investments, saying they could double their money in…
Shiba Inu (SHIB) has been on a roll lately, gaining over 5% in the past day and leaving Dogecoin (DOGE) in the dust. Why Shiba Inu Is Winning Whale Power: Big investors, known as whales, are buying up SHIB like crazy. They’ve been piling on for the past week, and the number of SHIB they’re…
The founders of Tornado Cash, a cryptocurrency mixing service, are facing serious accusations of helping criminals launder money. The US Department of Justice (DOJ) claims they helped launder over $1 billion, including money stolen by notorious hackers like the Lazarus Group from North Korea. The DOJ’s Case Against Tornado Cash The DOJ argues that Tornado…
Good News for Bitcoin Bitcoin took a tumble last week, dropping below $60,000. But things are looking up! The crypto market has bounced back in the last day, fueled by positive news from the US economy. Jobs Report: A Positive Sign The US Bureau of Labor Statistics released its latest jobs report, showing a surprising…
A woman in Atlanta is out $17,900 after falling victim to a scam involving both JPMorgan Chase and Wells Fargo. The Scam Marina Camplone received a call from someone claiming to be a Chase fraud representative. The scammer used the same phone number printed on the back of her debit card, making the call seem…
The US national debt just hit a new record, climbing over $800 billion in just three months. That’s a lot of money! Debt Spiral Threatens Americans Fidelity Investments, a giant financial firm, is sounding the alarm. They say this massive debt is a serious threat to our economy and our future. They’re worried that the…
