Senator Cynthia Lummis is pushing a pretty radical idea: using some of the US government’s gold reserves to buy Bitcoin. She believes this could boost the dollar and help reduce the national debt. The Plan: Bitcoin as a National Reserve Lummis, a known Bitcoin supporter (she even owns some!), wants the US Federal Reserve to…
Bitcoin’s been on a tear lately, almost hitting $100,000! This is a huge psychological barrier, and breaking it could send the crypto market soaring. But is it all hype, or is there real demand driving this price surge? Is This a Bubble? Probably Not. According to CryptoQuant CEO Ki Young Ju, it’s too early to…
Bitcoin recently hit a new all-time high, but experts are predicting a possible correction. Let’s break down what’s happening. A Recent High, Then a Slight Dip Bitcoin soared to a record high of $99,655 on November 22nd, a 7.99% jump in just one week! However, it’s since pulled back slightly, trading around $98,200. This small…
Bitcoin’s often called “digital gold,” seen as a reliable store of value, similar to gold. Both are used to hedge against economic woes and inflation. Usually, their prices move together, limiting diversification benefits for investors. But lately, that’s changed. Bitcoin and Gold: A Looser Relationship Recently, Bitcoin and gold prices have been diverging. An analyst,…
A crypto analyst is predicting big things for Cardano (ADA). They say that recent activity suggests a continued price surge is likely. Whale Activity Drives ADA Up According to analyst Ali Martinez, large investors (whales) and institutional players are snapping up ADA, betting on further price increases. He points to over $22 billion in large…
Pennsylvania police are warning residents about a sophisticated grandparent scam after an 86-year-old man lost $9,500. The Scam The victim, Joseph Burke, received calls from someone claiming to be his grandson. The caller urgently requested $19,000 to cover expenses from a supposed traffic accident. Mr. Burke withdrew $9,500 and was only stopped from withdrawing more…
Warren Buffett’s Berkshire Hathaway has made some significant portfolio adjustments. The company recently offloaded a chunk of its Apple and Bank of America stock. Selling Off Stocks Berkshire Hathaway sold off 100 million Apple shares and 243.8 million Bank of America shares. Even after these sales, Berkshire still holds a massive amount of both stocks:…
An altcoin focused on asset tokenization has seen a massive price jump after announcing a major partnership. Sologenic’s Big Jump The Sologenic (SOLO) platform’s native token, SOLO, exploded in value, climbing over 110% in just 24 hours. The price shot up from $0.29 to over $0.80 before settling slightly lower. This surge followed the announcement…
Coinbase, a major cryptocurrency exchange, is making a big splash in the NBA by partnering with the Los Angeles Clippers! This exciting deal shows how the worlds of crypto and professional sports are becoming increasingly intertwined. A New Home, a New Sponsor Starting this 2024-2025 NBA season, you’ll see Coinbase’s logo all over the Clippers’…
Bitcoin’s recent price surge has everyone talking. It’s hit new all-time highs for four days straight, recently peaking at almost $100,000! But is this the top? One analyst says, “Absolutely not!” The Satoshimeter: A Bullish Outlook Stockmoney Lizards, a crypto analyst, uses a tool called the Satoshimeter to track Bitcoin’s market cycles. This tool uses…
