Bitcoin took a tumble below $100,000, leaving many wondering what’s next. One analyst, “Astronomer” on X, offers some insights and potential buying strategies. What Happens After a Bitcoin Crash? Astronomer notes that while Bitcoin’s price fell below expectations, a further drop might be on the cards before a rebound. This could create another chance to…
The Bank for International Settlements (BIS) – basically, the central bank of central banks – is sounding the alarm about stablecoins. They’re saying stablecoins aren’t as stable or reliable as they seem and pose some serious risks. The Problems with Stablecoins The BIS has several concerns: Monetary Sovereignty: Stablecoins could weaken a country’s control over…
Mastercard and Chainlink teamed up to let over 3 billion Mastercard users buy crypto directly. This is a huge deal! How it Works This new partnership lets you buy cryptocurrency using your Mastercard credit or debit card directly on decentralized exchanges (DEXs) like Uniswap. No more messing around with centralized exchanges or complicated processes. The…
The US Secret Service just made a huge splash in the fight against cryptocurrency crime. In what’s being called the biggest crypto seizure in their history, they recovered over $225 million in stolen funds. How it Went Down This wasn’t a lone wolf operation. The Secret Service teamed up with cryptocurrency companies, including Coinbase and…
Tether, the company behind the USDT stablecoin, is aiming to become the world’s largest Bitcoin miner by 2025. Their CEO, Paolo Ardoino, recently revealed this ambitious goal. Diversification and Network Security This move is part of Tether’s broader strategy to diversify its investments. They’re already involved in areas like AI, data centers, and telecommunications. But…
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….
