A former high-ranking Federal Reserve official is facing a long prison sentence for using confidential information to make a fortune in the stock market. Guilty Plea and Charges Robert Brian Thompson, a senior manager at the Federal Reserve Bank of Richmond, pleaded guilty to insider trading and making false statements. The Department of Justice (DOJ)…
A prominent crypto analyst, known as Pentoshi, is predicting a significant price increase for Ethereum (ETH). Pentoshi, who correctly predicted the end of the 2022 crypto bull market, shared his bullish outlook with his large social media following. Ethereum’s Rise Against Bitcoin and the Dollar Pentoshi believes ETH will rally against both Bitcoin (BTC) and…
A popular crypto analyst, known as Bluntz, has shared his bullish predictions for several cryptocurrencies. With a large following on X (formerly Twitter), Bluntz’s opinions carry significant weight in the crypto community. Pepe (PEPE) Breakout Imminent? Bluntz believes the meme coin Pepe (PEPE) is poised for a significant price increase. After a recent correction of…
Craig Wright’s long-running legal battle to prove he’s Satoshi Nakamoto, the mysterious creator of Bitcoin, is finally over. A UK appeals court has completely dismissed his appeal, definitively ending his claim. The Case Against Wright Earlier this year, a UK High Court ruled against Wright in a lawsuit brought by the Crypto Open Patent Alliance…
Tron’s Sharpe ratio is spiking, and history suggests this could be bad news for TRX’s price. What is the Sharpe Ratio? The Sharpe ratio measures how much extra return you get for taking on extra risk. A higher ratio sounds good, but in Tron’s case, a very high ratio might mean things are getting too…
Russia is getting serious about regulating crypto! Their upper house of parliament just approved a new law that will tax Bitcoin and other crypto mining operations. Crypto Mining Taxes: The Details Get ready, crypto miners in Russia: you’ll be paying taxes on your earnings. The new law sets a tax rate between 13% and 15%…
A crypto investigator, ZachXBT, has accused a former professional Fortnite player, known as Serpent, of being involved in a massive memecoin scam. The alleged scam involved stealing a whopping $3.5 million. From Fortnite Pro to Crypto Crook? ZachXBT’s investigation linked Serpent to nine different crypto hacks. The evidence points to Serpent’s wallets receiving funds stolen…
An 81-year-old heir to the Hermès fortune, Nicolas Puech, claims a mind-boggling $13 billion has vanished. He says his six million Hermès shares have disappeared without a trace. Accusations of a Massive Fraud Puech accuses his former financial advisor, Eric Freymond, of orchestrating a massive, decades-long fraud. He’s filed lawsuits in Geneva, but so far,…
Analyst Kevin Svenson is predicting a Bitcoin price surge to $100,000, outlining two possible scenarios. He shared his outlook with his large YouTube following. Two Paths to $100,000 Bitcoin Svenson’s bullish prediction hinges on Bitcoin’s ability to hold above a key support level. He sees two main scenarios: Scenario 1: Smooth Sailing If Bitcoin stays…
Cryptocurrency theft is down overall, but November still saw hackers and scammers make off with a hefty $71 million. While that’s significantly less than the $343 million stolen in November 2023, it’s a reminder that the risks remain. Binance’s BNB Chain Hit Hardest The BNB Chain, Binance’s blockchain, was the biggest target, suffering 14 attacks…
