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Crypto analyst Willy Woo is predicting a potential extended correction for Bitcoin (BTC). He believes the cryptocurrency has until Monday to avoid a bearish signal on its weekly chart. Bearish Divergence Looms Woo, who boasts a large following on X (formerly Twitter), explained that a bearish divergence is likely if Bitcoin doesn’t rally. This happens…
A Nevada man is heading to prison for a massive bank fraud scheme. Kyle Eugene Duncan-Carle, 41, was sentenced to six years in prison for stealing millions from the US government and several companies. Stealing Checks and Identities Between January and September 2023, Duncan-Carle pulled off a sophisticated scam. He stole US Treasury checks already…
JPMorgan Chase CEO Jamie Dimon recently voiced serious concerns about the US dollar’s future as the world’s primary reserve currency. He believes the US could lose this crucial status unless significant changes are made. Internal Issues Threaten US Global Standing Dimon highlighted severe internal mismanagement within the US government, citing issues at the state and…
A crypto analyst on X (formerly Twitter), known as PlanD, thinks Bitcoin is still on track for big gains, even after a recent price drop. They predict Bitcoin could reach $340,000, but only if a key support level holds. Bitcoin’s Bullish Future Depends on Support PlanD’s prediction is based on a “cup and handle” chart…
Bitcoin’s price has taken a bit of a dip recently, causing some debate among analysts. While it hit a high of over $111,000 in May, it’s now trading below $105,000. Is this the start of a bear market, or just a temporary setback? A Bullish Correction? Crypto analyst MasterAnanda believes the current downturn is just…
Bitcoin took a bit of a tumble over the weekend, dropping to around $103,000. While it’s recovered slightly, it’s still below its recent all-time high of $111,814. But don’t panic! Some analysts think this dip could actually be good news. Massive Liquidations: A Market Reset? A huge chunk of Bitcoin long positions – $202 million…
Bitcoin exchange-traded funds (ETFs) in the US saw a significant shift last week, ending a six-week winning streak. Let’s break down what happened. A Week of Outflows Recently, investment in US Bitcoin ETFs slowed down, mirroring a general cooling-off in the crypto market. Global trade issues might be making investors a bit more cautious. The…
Senator JD Vance’s recent endorsement of Bitcoin has sent shockwaves through the crypto world. This isn’t just some random politician; Vance is a rising star, and his support signals a major shift in how Bitcoin is perceived. Vance’s Bitcoin Backing: A Game Changer? Vance’s prediction that Bitcoin ownership in the US could double to 100…
Bitcoin recently dipped below its all-time high of $112,000, dropping over 7%. This drop has brought it to a crucial support level, and what happens next is key. Geopolitical Uncertainty Global tensions, particularly between the US and China, are making things shaky in the markets. Trade disputes are adding to the volatility, making investors cautious…
Cryptocurrency prices took a hit on Friday, but Cronos (CRO) went against the grain. This surge follows a big move by asset manager Canary Capital. Canary Capital’s CRO ETF Push Canary Capital filed paperwork with the U.S. Securities and Exchange Commission (SEC) to launch a CRO exchange-traded fund (ETF). This ETF would give investors a…
