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Payment giants Visa and Mastercard are facing a potential $255 billion threat from the growing popularity of stablecoins. This is according to recent reports and statements from executives at both companies. Stablecoins: A Threat or Opportunity? Stablecoins, cryptocurrencies pegged to the value of a stable asset like the US dollar, are significantly cheaper than traditional…
Michael Saylor’s company, MicroStrategy (now Strategy), just went on another Bitcoin buying spree! Another Big Bitcoin Buy They added a whopping 4,980 Bitcoin to their collection, spending roughly $531 million. That brings their total Bitcoin holdings to a staggering 597,325 BTC! At current prices, that’s worth over $64 billion – a huge profit considering they’ve…
Bitcoin’s price recently dipped below a crucial resistance level, sparking concerns about a potential market crash. Let’s break down the different perspectives. A Bearish Outlook? Crypto analyst Rekt Capital pointed out that Bitcoin closed below a significant weekly resistance around $108,890. This, he argues, suggests a possible downward trend, potentially forming a “lower high” resistance…
Bitcoin’s price is stuck in a tight range, hovering around $106,000. It’s battling to break past $109,000, a key resistance level. This tug-of-war between buyers and sellers has everyone on edge, waiting to see which side wins. Profit-Taking on the Rise New data shows a significant jump in Bitcoin investors cashing out their profits. In…
The US Department of Justice (DOJ) busted a major North Korean cybercrime operation. This wasn’t your average hacking; it was a sophisticated scheme involving identity theft, cryptocurrency laundering, and international collaboration. Stealing Identities, Stealing Crypto North Korean operatives pretended to be American citizens to land remote IT jobs at over 100 companies, including some big…
Dogecoin (DOGE) has been making headlines, and a recent analysis suggests exciting things are on the horizon. Let’s break down what’s happening. The Power of Three (PO3) Pattern Crypto analyst Trader Tardigrade used a technical analysis method called the Power of Three (PO3) to examine DOGE’s recent price action. The analysis shows DOGE has completed…
Bitcoin’s price is stuck in a holding pattern, hovering around $105,000-$109,000. While it’s still trending upwards overall, it hasn’t been able to break through the key resistance level of $110,000. This lack of decisive movement has investors on edge. Long-Term Holders’ Profits Are Cooling Down A worrying sign is that the unrealized profits of long-term…
Goldman Sachs believes artificial intelligence (AI) is the key to reviving sluggish US manufacturing productivity. The firm argues that advancements in AI and robotics hold significant potential to boost the sector. AI: The Real Manufacturing Savior? According to Goldman Sachs analysts, including Joseph Briggs, a surge in innovation, particularly from AI and robotics, is the…
Boba Network, a Layer-2 blockchain specializing in AI-powered decentralized apps (dApps), just received a major financial injection. Big Money for Boba The Boba Governance Foundation announced securing $70 million in funding from Awaken Foundation and LDA Capital. This cash infusion will fuel Boba Network’s growth, focusing on infrastructure improvements, developer support, and creating more AI-powered…
Limitless.exchange, the biggest prediction market on the Base network, just secured $4 million in a new funding round. This brings their total funding to $7 million. Big Names and Big Plans The round included investment from Arthur Hayes’ family office, Maelstrom, with Hayes joining as an advisor. Other investors include Coinbase Ventures, 1confirmation, and several…
