A crypto analyst is predicting big things for Mantle (MNT), a layer-2 scaling solution. They believe MNT’s current price action resembles Chainlink’s (LINK) pre-explosion phase in 2019-2020, when LINK surged by a staggering 3,797%. Mantle’s Potential The analyst, known as Inmortal, shared their bullish outlook on X (formerly Twitter), pointing out similarities between MNT’s chart…
The UN Office on Drugs and Crime (UNODC) has issued a serious warning: organized crime is increasingly using cryptocurrency and blockchain to boost their massive, multi-billion dollar operations. Southeast Asia: A Criminal Crypto Hub A new UNODC report highlights how gangs in Southeast Asia are building their own financial systems. They’re creating things like unlicensed…
A Bulgarian man, Tzoni Raykov, lost $1,500 worth of cryptocurrency due to what he claims were unclear instructions from Revolut, the financial technology company. Revolut, however, refuses to reimburse him. The Lost Crypto Raykov was trying to transfer USDC, a stablecoin, from an external crypto wallet to his Revolut account. He first successfully transferred a…
Trump Media and Technology Group (TMTG) is teaming up with Crypto.com to launch a new line of exchange-traded funds (ETFs). A Focus on Digital Assets and “Made in America” These ETFs will focus on digital assets and securities, with a special emphasis on American companies. This marks TMTG’s first step into the financial services world….
Bitcoin hit a record high of over $109,000 earlier this year. But did that mark the peak of the market? Several technical indicators suggest it might have. The MVRV Z-Score Points Downward Analyst Tony Severino’s analysis combines the Market Value to Realized Value (MVRV) Z-Score and the Relative Strength Index (RSI) to paint a bearish…
Oregon’s Attorney General (AG) is suing Coinbase, claiming the exchange sold 31 cryptocurrencies as unregistered securities, violating Oregon state law. This comes after the SEC dropped its own case against Coinbase, a move many in the crypto industry considered unfair. A Wider Net Than the SEC The Oregon AG’s lawsuit names a whopping 31 cryptocurrencies,…
Gold hit a record high of over $3,400 an ounce! This surge is fueled by investor anxiety about the economy, a weakening US dollar, and rising tensions, particularly in US-China trade relations. Gold’s Meteoric Rise The jump to $3,430 reflects growing concerns about inflation and global economic stability. Gold, a traditional safe haven asset, could…
Chainlink (LINK) has shown a month of consistent coin withdrawals from exchanges, which could be great news for the price. Money Moving Out of Exchanges IntoTheBlock, a market analysis company, noticed a trend: a lot of LINK is leaving centralized exchanges. “Exchange Netflow” tracks how much LINK is moving into and out of exchange wallets….
Bitcoin’s price is climbing again, recently surpassing $89,000. This upward movement has analysts looking beyond traditional chart analysis to understand what might happen next. On-Chain Data: A New Lens on Bitcoin’s Price Instead of just focusing on support and resistance lines, some are using on-chain data to predict price movements. This data looks at the…
Paydify, a new payment platform, is making it simple for businesses worldwide to accept cryptocurrency payments. Launched recently, Paydify aims to solve the current challenges of accepting crypto, such as complex integrations and volatile pricing. How Paydify Works Paydify acts as a universal gateway, allowing businesses to accept crypto from any wallet or blockchain network….
