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Bitcoin took a bit of a dive recently, dropping almost 5% in just two days. This happened right after some serious international tension flared up. The price briefly dipped below $100,000 before recovering slightly. But according to one analyst, Bitcoin needs to stay above a certain price to avoid a much bigger drop. Holding the…
Bitcoin’s price has been climbing lately, even making new highs, despite some market turmoil. This is surprising, given what usually happens. The Usual Story: Bitcoin and Macroeconomics Historically, Bitcoin’s price has been closely tied to a few key economic indicators: US Dollar Index (DXY): This measures the US dollar’s strength against other currencies. US Treasury…
Bitcoin’s price has been a rollercoaster lately. Let’s break down what’s happening and what experts predict. A Week of Ups and Downs Last week, Bitcoin dipped to a one-week low. It’s trying to bounce back above $104,000-$105,000, but some analysts think it might fall further. A big drop to $102,000 was partly due to news…
Bitcoin’s been hanging around $105,000 for a week, Ethereum’s trying to stay above $2,500, and XRP’s holding steady above $2.10. While some analysts are still bullish, others are sounding the alarm. A Bearish Prediction Crypto analyst Warren Muppet recently issued a pretty gloomy forecast, predicting a significant market correction. His prediction, shared on X (formerly…
The ongoing legal fight between Ripple and the SEC is taking another turn, this time focusing on a $125 million escrow fund. While things have calmed down a bit recently, both sides are back in court trying to change the terms of the original agreement. A Long and Winding Road This whole thing started in…
India’s tax authorities are getting serious about crypto. They’re sending out thousands of notices to taxpayers who haven’t properly reported their crypto income. This is part of a larger effort to catch people hiding profits and potentially laundering money through cryptocurrencies. Crypto Traders Under the Microscope The Central Board of Direct Taxes (CBDT) is checking…
An analyst known as Plan D on X (formerly Twitter) is predicting a huge price jump for Bitcoin, all the way to $167,000! This prediction is based on two bullish chart patterns. Two Bullish Patterns Pointing Up Plan D’s analysis focuses on two key chart patterns: a falling wedge and a bullish pennant. Both are…
The US Treasury recently made headlines by spending a whopping $20 billion in two weeks to buy back its own bonds. This massive buyback, the largest in history, involved repurchasing securities maturing between May and July. Is This Secret Money Printing? The move sparked online chatter about “stealth quantitative easing” (QE). Some believe the Treasury…
Several large banks have recently reported data breaches affecting customer information. Here’s a summary of the incidents: JPMorgan Chase Data Breaches JPMorgan Chase reported at least four data breaches in Massachusetts affecting several customers. Two incidents involved employee misconduct, leading to fraudulent transactions on customers’ credit and debit cards. The bank closed the affected accounts,…
A massive surge in cyberattacks targeting Android users has been reported. Security firm Kaspersky revealed that over 12 million attempts to steal banking details and personal information were detected in just the first three months of 2025. A Huge Jump in Attacks This represents a significant increase from the 8.8 million attacks seen in the…
