TRON, the blockchain network, is going public in the US! This major deal involves a reverse merger with Nasdaq-listed SMR Entertainment, creating a new company called Tron Inc. Following in MicroStrategy’s Footsteps The plan is similar to what MicroStrategy (now Strategy) did with Bitcoin. MicroStrategy successfully used debt to buy Bitcoin, and as Bitcoin’s price…
A popular crypto trader is making some bold predictions about the future of several altcoins. Let’s dive into what he’s saying. Hyperliquid (HYPE) to Hit New Highs? Altcoin Sherpa, a well-known trader with a huge following, is incredibly bullish on Hyperliquid (HYPE), a layer-1 decentralized exchange coin. He believes it’s poised to break its all-time…
Billionaire investor Chamath Palihapitiya is betting big on the US economy. He believes a significant amount of money will flood into the US within the next two months, if two key things happen. Palihapitiya’s Predictions Palihapitiya argues that current economic forecasts are too gloomy. He points to two main factors that he believes will dramatically…
A Scranton, Pennsylvania accountant and adjunct professor, 63-year-old Margo Ann Williams, is heading to prison for her part in a massive email scam. The Scheme Williams was involved in a multi-state business email compromise that netted $800,000 between December 2022 and July 2023. Hackers targeted five victims – a church, two businesses, a non-profit, and…
President Trump’s financial disclosures reveal a significant income source: his family’s cryptocurrency venture. A Crypto Fortune The New York Post reports that Trump earned over $57 million from his involvement in World Liberty Financial (WLFI), a decentralized finance platform. This represents one of his largest income streams in the past year. Family Affair WLFI, launched…
Bitcoin’s price has been stuck in a rut for months, bouncing between $61,000 and $104,000. This reminds some traders of the 2020-2021 period, when Bitcoin traded sideways between $31,000 and $64,000 before a massive crash. A Familiar Pattern? This price range from $61,000 to $104,000 is eerily similar to the “distribution zone” seen before Bitcoin’s…
Bitcoin’s price has been a bit of a rollercoaster lately, mostly due to global political tensions. It’s currently hanging around $105,000-$106,000 after a dip below $103,000. But despite the ups and downs, the market is showing some interesting signs. Bitcoin’s Growth: A Mature Market’s Strength Data analysts at Glassnode have been looking at Bitcoin’s price…
Bitcoin’s price has been pretty flat lately, bouncing around without much upward momentum. It briefly poked above $105,000 a few times but couldn’t hold the gains. This lack of movement comes as the crypto world deals with the ongoing Middle East situation. Investor Sentiment Turns Sour On-chain data paints a picture of weakening bullish sentiment….
Brazil just made crypto investing a bit more expensive. They’ve simplified their crypto tax system, ditching the old tiered system for a flat 17.5% tax on all profits. Goodbye, Tax Breaks Previously, Brazilians could sell up to R$35,000 (around $6,300) worth of crypto each month tax-free. That’s gone now. Everyone pays the same 17.5% tax…
Bitcoin’s price has been stuck between $103,000 and $110,000 for the past month, a bit of a snooze-fest after hitting a record high of $111,931 in late May. But one analyst thinks the party’s far from over. A Bullish Signal Trader Tardigrade, a popular analyst on X (formerly Twitter), sees a strong bullish signal in…
