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Central Banks Diversifying Away From the Dollar

A recent survey shows central banks are becoming less reliant on the US dollar. This shift isn’t a sudden ditching of the dollar, but a gradual move towards diversification. Growing Doubts About the Dollar The Official Monetary and Financial Institutions Forum (OMFIF) surveyed 75 central banks worldwide. The results reveal growing concerns about the dollar’s…

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Crypto Analyst Predicts Massive Altcoin Rally

A popular crypto analyst, known as TechDev, is forecasting a huge rally for altcoins (cryptocurrencies other than Bitcoin). He believes the market is primed for a massive upswing unlike anything seen before. Technical Indicators Point to Big Gains TechDev shared a chart showing the total market cap of altcoins (excluding Bitcoin and stablecoins). Using a…

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Krispy Kreme Data Breach: 160,000+ Customers Affected

Krispy Kreme recently announced a major data breach affecting a whopping 161,676 people. This includes current and former employees, and their family members. Hackers gained access to the company’s systems and stole a significant amount of sensitive information. What Information Was Stolen? The stolen data included some seriously sensitive stuff: Names Social Security numbers Dates…

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Robinhood Expands Crypto Futures Offerings

Robinhood is adding new micro futures contracts for Bitcoin (BTC), Solana (SOL), and XRP, starting June 27th. This means traders can bet on the future price of these cryptocurrencies with smaller investments and lower risk. Smaller Bets, Bigger Access The company announced the launch on X (formerly Twitter), highlighting the lower margin requirements and easy-to-use…

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Bitcoin’s Bull Run: Holding On, But Not Without Risk

Bitcoin’s upward trend is still strong, according to crypto analytics firm Glassnode, but there’s a crucial caveat. Strong Support, But a Potential Cliff Glassnode’s Cost Basis Distribution (CBD) heatmap shows significant Bitcoin support between $93,000 and $100,000. This means many investors bought Bitcoin in this price range, and a drop below it could trigger widespread…

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Bank VP Pleads Guilty to Six-Year Fraud Scheme

A former senior vice president at a Green Bay, Wisconsin bank has admitted to a six-year fraud scheme that cost her employer $411,923. Fake Expenses, Real Prison Time Amy Jo Reid, who served as the bank’s director of purchasing, used company credit cards (p-cards) meant for business expenses to pay for personal items. This included…

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Bitcoin’s Q3: A Bullish Outlook?

Is Bitcoin about to explode? A crypto analyst thinks so, pointing to a fascinating historical pattern. Post-Halving History Suggests a Q3 Rally Every four years or so, Bitcoin undergoes a “halving,” cutting the reward for miners in half. Interestingly, the third quarter (Q3) of the year following a halving has historically seen some serious Bitcoin…

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Is Altseason Over Before It Even Began?

Altseason, that exciting time when other cryptocurrencies (altcoins) outperform Bitcoin, might be on hold. Several analysts think Bitcoin’s dominance is about to surge, leaving altcoins in the dust. Bitcoin’s Dominance is Rising One analyst, Rekt Capital, predicts Bitcoin dominance (the percentage of the total crypto market cap that Bitcoin holds) will climb to 74%. They…

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