JPMorgan Chase, Bank of America, and Wells Fargo are getting grilled by the Senate over their handling of fraud on the popular payment app Zelle. The banks are facing scrutiny after customers reported over $456 million in fraudulent Zelle transactions in 2022. The banks allegedly refused to reimburse $115 million of those claims, leaving customers…
A popular crypto analyst is warning investors about potential price crashes for both Chainlink (LINK) and Bitcoin (BTC). Chainlink Could Dive 45% The analyst, Ali Martinez, says that Chainlink, a popular decentralized oracle provider, could see a massive price drop if it falls below a key support level of $12.70. He believes that LINK could…
Bitcoin is still on track for a big climb, even after a recent dip, according to crypto analysts at Glassnode. The experts, who go by the name “Negentropic,” believe that Bitcoin could hit a peak of $110,000 during this bull market, which is almost double its current price. They say that the recent dip is…
Nine of the world’s biggest banks are paying a hefty $46 million to settle a lawsuit accusing them of manipulating a massive $465.9 trillion market. Banks Accused of Conspiring to Keep Market Antiquated The lawsuit, filed by investors eight years ago, claims that the banks conspired to keep the interest rate swap market inefficient and…
Can USDT Dominance Predict Bitcoin’s Peak? Crypto analysts are always looking for ways to predict the future of Bitcoin. One analyst, Thomas, believes that USDT dominance could be a key indicator for Bitcoin’s local tops. USDT Dominance: A Six-Year Pattern Thomas claims that USDT dominance has accurately predicted Bitcoin’s local tops for the past six…
The FTX saga keeps getting more shocking. It’s not just Sam Bankman-Fried (SBF) who’s in trouble. New evidence suggests his whole family was involved in a massive political donation scheme. A Family of Alleged Criminals Emails obtained by the Wall Street Journal show SBF’s father, Joe Bankman, a Stanford law professor, was a key player…
A crypto analyst named Ben Armstrong, also known as “Bitboy Crypto,” has stirred up a hornet’s nest by claiming that Cardano (ADA) and Polkadot (DOT) are “dead to institutions.” This bold statement has sparked a fierce backlash from the crypto community, with many users defending their favorite coins. Bitboy Crypto Calls Out Cardano and Polkadot…
Solana (SOL) recently took a dip, but it bounced back after failing to break below the important $118 support level. This shows that people are still interested in buying SOL at this price, preventing it from falling further and stabilizing the situation. Solana’s Price Action: A Closer Look The $118 level has been a strong…
A notorious hacker has breached a major US bank, stealing sensitive customer data from multiple financial firms. Evolve Bank & Trust Hacked Evolve Bank & Trust, a Tennessee-based lender, has confirmed that its system was compromised by the Russian ransomware gang LockBit. The hack reportedly exposed personal banking information of most of the bank’s customers,…
Cryptocurrency analyst Credible Crypto predicts a bullish future for Bitcoin (BTC) despite its recent dip below $60,000. Bullish Outlook Intact According to Credible, Bitcoin’s long-term uptrend remains strong. While the current correction may continue, it will pave the way for a significant rally. Potential Upside Credible estimates that BTC could rally nearly 80% to $100,000…
