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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…
Bitcoin recently hit a new all-time high of $111,970, only to dip slightly afterward. But don’t worry, at least one analyst thinks the climb isn’t over yet. The Advanced NVT Metric: A Bullish Signal? A key indicator called the Advanced Network Value to Transactions (NVT) suggests Bitcoin’s price could keep rising. NVT compares Bitcoin’s market…
Bitcoin’s been on a tear lately, hitting new all-time highs and making everyone feel good. But a closer look reveals some potential trouble brewing. Futures Up, Spot Down: A Warning Sign? Recent data from Binance shows a strange pattern: trading volume in Bitcoin futures is up, while spot market volume (actual Bitcoin buying and selling)…
Ethereum’s been doing better lately, but it keeps hitting a wall around $2,700. Let’s look at why. The $2,700 (and $2,800) Hurdle Blockchain analytics firm Glassnode recently shed light on this price resistance. They say the next big hurdle for Ethereum (ETH) isn’t actually $2,700, but closer to $2,800. This is based on something called…
Pakistan is making a bold move to boost its economy by using its extra electricity to power Bitcoin mining and artificial intelligence (AI) centers. The government has allocated a whopping 2,000 megawatts of surplus power to this initiative. Powering Up the Future Pakistan’s power grid often generates more electricity than it needs. This surplus energy…
