Crypto analyst Benjamin Cowen is predicting a significant downturn for Bitcoin and altcoins. He’s warning his over one million followers on X (formerly Twitter) that a correction is on the horizon. Bitcoin’s Dip Below $100,000 Cowen believes Bitcoin will break its support at $100,000, potentially falling to the mid-$90,000 range. This prediction is based on…
Mastercard is teaming up with Chainlink to let its over three billion cardholders buy cryptocurrency directly. This partnership aims to bridge the gap between traditional finance and the decentralized finance (DeFi) world. How it Works The process will use several companies to make it happen: Chainlink: Provides the crucial link between traditional payment systems and…
Economist Henrik Zeberg predicts a significant surge in the S&P 500 index in the coming months. He’s calling it a “blow-off top” rally. A Double-Digit Percentage Point Increase? In a recent podcast interview, Zeberg stated his belief that the market is set for a rapid, short-term rally. He pointed to various global markets hitting new…
Anthony Pompliano’s company, ProCap BTC, just made a massive Bitcoin purchase. This follows their recent billion-dollar merger. A $387 Million Bitcoin Bet ProCap BTC (formerly ProCap Financial) announced they bought $387 million worth of Bitcoin. This Bitcoin will be actively managed as part of a new digital asset treasury. Their plan is to raise up…
Bitcoin’s mining power, measured by its hashrate, recently hit a record high but then took a significant plunge. Let’s break down what this means. What is Hashrate? Hashrate is simply the total computing power used by Bitcoin miners. Think of it as the collective effort of all the computers working to secure the Bitcoin network….
South Korea is about to get serious about stablecoins. A new law, the Digital Asset Innovation Act, is in the works and could totally change how people pay for stuff. It’s going to be a big test for banks and credit card companies. High Stakes for Stablecoin Issuers Want to launch a stablecoin in South…
Bitcoin’s price has been on a rollercoaster lately, but it’s showing surprising resilience. Let’s break down what’s happening. A Week of Volatility and Recovery Bitcoin recently dipped to around $98,000 after some global market jitters. However, it quickly bounced back above $105,000. This recovery happened despite some serious profit-taking. Big Money Cashing Out – But…
The Federal Housing Finance Agency (FHFA) is looking into whether your Bitcoin or other crypto could count towards getting a mortgage. This could be a big deal for how banks figure out if you’re a good risk for a loan. Crypto’s Path to Mortgage Eligibility FHFA director William Pulte recently announced on X (formerly Twitter)…
Seattle-based Stably is making it easier for big companies to create their own stablecoins. They’re offering a full suite of services to help with everything from development to advice. Stablecoin Services for Businesses Stably’s “Stablecoin-as-a-Service” (SCaaS) helps businesses create branded stablecoins. They’ll handle the technical side, working with partners like Bridge and Frax, and provide…
Scammers are using Google’s sponsored search results to trick people into giving up personal information. This widespread scam targets users searching for tech support from major companies like Apple, Bank of America, Netflix, and others. How the Scam Works The scam uses fake ads on Google that appear as legitimate tech support results. Clicking these…
