A Missouri banker has been caught stealing millions of dollars from customers’ accounts over a 15-year period. A Long Con Megan Lea Dougherty, 36, admitted to defrauding over a dozen customers of Exchange Bank of Missouri. She started her scheme in 2009 and continued until 2023, quietly transferring small amounts of money from customer accounts…
Economist Alex Krüger thinks Bitcoin and crypto are in a “supercycle,” but not the kind that was just a joke a few years ago. He says Wall Street has changed the game for digital assets, making them more stable and attracting a lot of investment. Wall Street is Bullish on Bitcoin Krüger believes that Wall…
Senator Elizabeth Warren is raising the alarm about a potential new way foreign governments could spy on the US: crypto mining facilities. Spying on Military Operations Warren believes that countries like China, Russia, and Iran could be using these facilities to gather intelligence on US military operations. She’s concerned that the powerful equipment used for…
Even though the launch of Spot Ethereum ETFs hasn’t boosted Ethereum’s price as expected, some big investors (whales) are still buying up Ethereum. Whales Are Active Data shows that the amount of Ethereum moved by whales recently reached a monthly high. On July 24th, whales moved a whopping 3.5 million ETH in a single day,…
The US national debt just crossed a staggering $35 trillion, prompting a warning from financial giant JPMorgan Chase. Debt is a Growing Problem The US government is now in a massive amount of debt, with the total exceeding $34.99 trillion as of July 25th. That’s a huge jump from $32.59 trillion just a year ago….
Grayscale, a big player in the crypto world, just sent a huge chunk of Ethereum (ETH) to Coinbase Prime. This is the second time in a few days they’ve done this, totaling over $700 million worth of ETH. Why is Grayscale selling? It’s not entirely clear, but it could be related to the recent launch…
A “Big Short” investor, who famously predicted the 2007 housing market crash, is now bullish on Bitcoin. He believes the US dollar is losing value, and Bitcoin is a good way to protect your money. Dollar Debasement is Driving Bitcoin Investment Vincent Daniel, co-founder of Seawolf Capital, says he’s holding onto Bitcoin because he thinks…
Anthony Scaramucci, founder of Skybridge Capital, believes that clear regulations could be the key to unlocking the next crypto bull market. Washington Lobbying for Crypto Scaramucci, along with other industry leaders like Mark Cuban and Michael Novogratz, recently met with officials in Washington D.C. to discuss the potential dangers of the current hard-line approach to…
Donald Trump is back in the game, and he’s making some big promises about crypto. At the Bitcoin Conference in Nashville, he laid out his plans to make the US a crypto powerhouse. Gensler Out, Crypto In Trump’s first order of business? He’s going to fire Gary Gensler, the current head of the SEC, on…
With the US elections looming, Democrats are feeling the heat from Republicans who are increasingly embracing cryptocurrency. To counter this, a group of Democratic lawmakers and candidates are pushing the Democratic National Committee (DNC) to change its stance on crypto. Democrats See Crypto as a Growing Force In a letter to DNC Chairman Jamie Harrison,…
