Bitcoin is about to make a big move, according to economist Henrik Zeberg. He predicts the cryptocurrency will climb above $78,000 this week, fueled by the recent election results. “I’m seeing a huge move coming,” Zeberg said in a recent interview. “Bitcoin is going to do really well. We could see it hit $78,000 by…
The world’s most popular stablecoin, Tether’s USDT, might be seeing a surge in use in countries facing US sanctions. Tether’s USDT Usage Spikes in Sanctioned Nations? Data from Chainalysis, a market intelligence platform, shows a pattern of increased USDT usage during the morning and early afternoon hours in cities like Moscow, Tehran, Kigali, and Istanbul….
Banking giant UBS is making waves in the world of crypto with the launch of its first tokenized investment fund on Ethereum. This move marks a significant step forward for the company’s blockchain strategy. uMINT: A New Era of Tokenized Investing The fund, called the UBS USD Money Market Investment Fund Token (uMINT), will be…
Bitcoin (BTC) took a dive below $69,000 on Sunday, causing a major shakeup in the market. This sudden drop resulted in over $200 million in liquidations, where traders lost their investments due to the price decline. A Big Dip, Big Losses Over the past few days, Bitcoin has been on a rollercoaster ride. After a…
The wife of a co-founder of the bankrupt crypto hedge fund, Three Arrows Capital (3AC), has sold a luxurious mansion in Singapore for a whopping $38.5 million. This sale comes despite a court order freezing the couple’s assets after 3AC went under. The Sale and the Mansion Tao Yaqiong, the wife of 3AC co-founder Zhu…
The US election is just around the corner, and everyone’s talking about crypto! Both candidates have made it clear they’re interested in the future of digital assets, and this has got investors and analysts watching Bitcoin closely. Bitcoin’s Election Day History: A Bullish Trend? Interestingly, Bitcoin has a history of performing well after US elections….
The creator of the fraudulent NFT collection “Mutant Ape Planet” is off the hook for a prison sentence, but he’s not walking away scot-free. Aurelien Michel will have to pay over $1 million as punishment for pulling a rug on investors. The Rug Pull In early 2023, Michel was accused of scamming investors out of…
A mysterious investor, known only as “Theo,” is betting big on Donald Trump winning the 2024 US election. Theo, a French national, has reportedly put over $30 million on Trump’s victory on the crypto betting platform Polymarket. He claims his motivation is purely financial, aiming to make a whopping $80 million if his bets pay…
Big banks and government watchdogs are warning about a sneaky new fraud technique called “quishing” that’s bypassing traditional security measures. What is Quishing? Quishing, or QR code phishing, is a clever way for criminals to trick you into scanning a malicious QR code. This could lead you to a fake website or force you to…
China’s economy is struggling, and the government is reportedly planning a massive spending spree to get things back on track. A Big Boost for the Economy China is considering a stimulus package worth a whopping $1.4 trillion, which could be approved as early as next week. This money will come from issuing new government bonds,…
