Bitcoin’s price is getting close to its all-time high, and some analysts think a big price increase is coming soon. Bitcoin: One Candle Away From New Highs? One analyst, CrypFlow, noticed Bitcoin’s resilience and strong chart patterns. After bouncing back from support, Bitcoin successfully reclaimed a key level around $104,400. However, it hit resistance around…
Congress is grilling Zelle and some major banks over massive losses from payment scams. Senators Elizabeth Warren and Richard Blumenthal, along with Representative Maxine Waters, are demanding answers. Millions Lost to Scams The lawmakers are particularly focused on JPMorgan Chase, Bank of America, and Wells Fargo, which handle the lion’s share of Zelle transactions. They’re…
General Motors (GM) is shelling out $150 million to settle a class-action lawsuit over faulty engines. The settlement covers customers in California, Idaho, and North Carolina. Who’s Getting Paid? The lawsuit targets certain 2011-2014 models with LC9 engines, including popular vehicles like the Chevrolet Silverado, Tahoe, Suburban, Avalanche, and GMC Sierra and Yukon models. Owners…
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’s price has been pretty steady around $108,000 – $110,000 for most of June and early July. While things still look generally positive, some recent data suggests we should be cautious. Investor Sentiment Soars According to crypto analytics firm Alphractal, Bitcoin investor sentiment is currently “very bullish.” They use something called the Alpha Crypto Sentiment…
Bitcoin (BTC) is trying to hold onto a key support level after a bit of a dip on Friday. Analysts think the week could end strong for Bitcoin, even with some expected weekend price swings. Bitcoin’s Breakout: Sooner or Later? Bitcoin has been bouncing around the $105,000 to $110,000 range for the past few days….
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…
