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Investors are freaking out about the US economy, dumping over $10 billion in US bonds in just three months. This massive selloff marks a huge shift, ending a five-year trend of investors buying up these bonds. What’s Going On? The Financial Times reports this bond exodus is driven by worries about rising inflation and a…
Google is on the hook for a hefty payout to Android users in California. A jury decided Google illegally transferred user data without permission, leading to a $314.6 million judgment. Data Transfer Dispute The lawsuit, filed in 2019, claimed Google used cellular data from idle Android phones to gather information for targeted advertising. The jury…
Bitcoin is hanging around its all-time high of $112,000, but it’s not quite breaking through. Altcoins are also seeing some dips. Last week was pretty volatile, and Bitcoin didn’t quite close above the key resistance level, leaving some doubt about what’s next. But analysts are still hopeful because the price is above major support levels….
Bitcoin’s price took a dip after failing to break through $110,000. It’s currently hovering around $107,000, reflecting some uncertainty in the crypto market. But don’t count Bitcoin out just yet! It’s still close to its all-time high, and one analyst thinks a key support level could trigger a price surge. A Crucial Support Level: $105,000…
Bitcoin’s been on a rollercoaster lately, hovering just below its record high of $112,000. Despite some bearish attempts to push the price below the crucial $105,000 support, it’s holding steady. This resilience is partly thanks to some positive news on the economic front. Macroeconomic Boost and Market Optimism Good news from the US, like the…
June’s crypto markets were surprisingly calm, even with global tensions. But traders are gearing up for a potentially wild July. June’s Unexpected Calm Despite some brief price dips caused by geopolitical events (like the Middle East conflict), Bitcoin and Ethereum’s implied volatility actually decreased in June. Traders seemed to already expect things to calm down,…
A popular crypto analyst, Ali Martinez, has shared his bullish predictions for several major cryptocurrencies. He’s got some exciting targets in mind! Bitcoin’s Next Big Move? Martinez believes Bitcoin (BTC) could hit a new all-time high of $118,000. But there’s a catch: it needs to close a day above $109,000 first. He sees the current…
Ondo Finance, a DeFi platform focused on tokenizing real-world assets, just made a major move towards mainstream adoption. They’ve acquired Oasis Pro, a broker-dealer already approved by the Securities and Exchange Commission (SEC). Bringing Regulated Securities to Blockchain This acquisition is a big deal because it lets Ondo offer regulated tokenized securities on the blockchain….
AT&T is shelling out big bucks to settle a lawsuit stemming from two major data breaches. A judge has approved a $177 million settlement for affected customers. The Breaches The first breach, back in 2019, saw hackers making off with personal info from a whopping 73 million people – both current and former AT&T customers….
Bitcoin is near its all-time high, and investors are holding onto a massive amount of potential profit. According to data analysis firm Glassnode, Bitcoin investors currently have a whopping $1.2 trillion in unrealized profits. HODLing Strong Despite this huge potential payout, most Bitcoin holders aren’t selling. Glassnode says “HODLing” (holding onto Bitcoin) is the dominant…
