A popular crypto analyst, known as Bluntz, is predicting big gains for Pepecoin (PEPE), a rival to Dogecoin and Shiba Inu. Bluntz, who boasts a large following on X (formerly Twitter), believes Pepe is poised for a significant price jump. Pepecoin’s Bullish Run Using the Elliott Wave theory, Bluntz argues that Pepe has completed a…
Bitcoin’s recent price surge was incredible – a 38% jump in less than ten days! But after hitting record highs, things have calmed down a bit. Let’s look at what’s happening. Miners Are Selling Data shows that Bitcoin miners, including one from way back in 2010, have been selling off a significant chunk of their…
Big names in crypto are pushing for the US government to buy a massive amount of Bitcoin. They believe it could be a game-changer for the national debt. A Bitcoin Reserve: The Saylor & Lummis Plan Michael Saylor, CEO of MicroStrategy (a company that’s heavily invested in Bitcoin), and Senator Cynthia Lummis are leading the…
Algorithmic trading (algo trading) is revolutionizing financial markets, offering speed and efficiency unmatched by human traders. But this cutting-edge technology brings significant compliance challenges for institutional investors. AI and machine learning are driving this efficiency, but regulators are struggling to keep pace. While the allure of speed, precision, and cost savings is strong, institutions need…
Six US banks have announced a potential security breach affecting their debit cards, leading to mandatory replacements for many customers. The breach originated from a third-party merchant’s payment processing system. The Banks Involved and Their Responses The affected banks include Mainstreet Bank, Savers Bank, The Village Bank, Watertown Savings Bank, Webster Five Cents Savings Bank,…
Binance, the world’s biggest crypto exchange, is adding a new token to its Launchpool. This Launchpool project, number 61, is for USUAL, the native token of a decentralized stablecoin issuer. What is USUAL? USUAL is different from other stablecoin companies like Tether and Circle. It aims to share its profits with users, unlike those other…
Bitcoin’s price took a bit of a tumble, and trading volume dropped significantly – about 27%! What does this mean for Bitcoin’s future? Let’s dive in. A Big Price and Volume Drop According to CoinMarketCap, Bitcoin’s daily trading volume plummeted to $85.89 billion, a massive 26.46% decrease. At the same time, the price dipped below…
Dogecoin recently soared to $0.426, its highest point since its 2021 boom. But, as often happens after a big price jump, it’s now seeing a bit of a pullback. A Bullish Triangle? Or Not? A crypto analyst, Kevin, noticed something interesting on the Dogecoin chart: a symmetrical triangle pattern. This pattern, formed by consolidating price…
Donald Trump’s recent proposal to create a Strategic Bitcoin Reserve (SBR) for the US has sparked a lot of debate. He announced this plan at the Bitcoin 2024 conference, suggesting it would boost the US’s position in the digital economy and strengthen its financial standing. But is it even legal? The Legal Angle: Can the…
A major player in the 2016 Bitfinex hack, Ilya Lichtenstein, is heading to prison. He was sentenced to five years for his role in laundering a staggering $10.5 billion worth of Bitcoin. The Great Bitcoin Heist and Laundering Scheme Lichtenstein used some seriously advanced hacking skills to break into Bitfinex. He managed to steal almost…
