Bitcoin is doing great, currently trading above $108,000 and aiming for a new all-time high near $112,000. The market looks very bullish! Short-Term Holders and Profit Taking Data from CryptoQuant shows that short-term Bitcoin holders (those holding for 1-3 months) are currently sitting on a 27% unrealized profit. Historically, when this profit reaches 40%, these…
John Woeltz, once known as the “Crypto King of Kentucky,” has fallen from grace. His story is a dramatic tale of wealth, kidnapping, torture, and a potential 25-year prison sentence. Kidnapping and Torture for Bitcoin Woeltz, reportedly worth $100 million, allegedly kidnapped and tortured an Italian Bitcoin investor in New York City. The horrifying ordeal…
The world of crypto gaming is exploding, with some games thriving while others struggle. Let’s look at some promising new cryptos emerging from this exciting space. Crypto Gaming’s Rollercoaster The battle royale game Off the Grid is making waves. It’s moving to its own GUNZ blockchain and its NFT marketplace is already seeing big sales…
Trump hosted a dinner for top holders of his memecoin, “TRUMP,” sparking a major ethics controversy in Washington D.C. While some politicians are calling for investigations, others, like House Speaker Mike Johnson, remain strangely silent. Democrats Demand Investigation Thirty-five House Democrats formally requested a Justice Department investigation into the May 22nd dinner. Their concern? Many…
Tom Lee, head of research at Fundstrat, believes the stock market is experiencing a powerful rally, despite widespread skepticism. He calls it the “most hated” rally, because many investors remain convinced the market is headed for a fall. A Powerful, Unexpected Rally The S&P 500 has climbed 17% from recent lows, nearing an all-time high….
A top crypto analyst on Bybit, known as Bluntz, is predicting big gains for Ethereum (ETH) and a memecoin called SPX6900. Ethereum’s Bullish Outlook Bluntz, who boasts a massive following on X (formerly Twitter), believes Ethereum is on a five-wave rally, based on Elliott Wave theory. This theory suggests a five-wave surge before a correction….
A massive data breach has exposed the personal and financial information of over 210,000 Americans. The breach involved Harbin Clinic, a Georgia-based healthcare provider, and its third-party debt collection service, Nationwide Recovery Services (NRS). What Happened? In July 2024, NRS experienced a network outage due to unauthorized access to its systems. Hackers gained access between…
Shreveport police are on the hunt for Tashiuntay Miles, who’s accused of a serious bank fraud scheme. Miles allegedly deposited a total of $185,000 in fraudulent checks into her own account before disappearing. The Alleged Crime Detectives say Miles is facing two counts of bank fraud. One incident involved a fraudulent check for $70,000, and…
Bitcoin’s price has been on a rollercoaster lately. Trump’s surprise 50% tariff on EU imports sent shockwaves through the market, and Bitcoin wasn’t immune. The Initial Drop The announcement caused Bitcoin to plummet from its all-time high near $111,800 to around $107,500 in a matter of hours. While it briefly recovered towards $109,000, the battle…
Bitcoin’s price has cooled off a bit after a strong run, leaving it just shy of its all-time high. While the recent price action might seem typical for a weekend in the crypto world, some interesting things are happening behind the scenes. Short-Term Holders Are Distributing Data suggests that short-term Bitcoin holders (STHs) – those…
