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The End of an Era? Billionaire investor Jeffrey Gundlach, nicknamed the “Bond King,” believes the long-running trend of the US market outperforming others is finally over. He claims this shift is driven by a significant change in foreign investment patterns. Capital Flight from the US? For nearly two decades, foreign investors poured trillions of dollars…
Spokane, Washington, has become the first city in the state to ban cryptocurrency kiosks. This move comes in response to a massive surge in crypto-related scams, resulting in a staggering $141,756,936 in losses statewide. Why the Ban? The city council unanimously approved the ban, citing a significant increase in scams using these kiosks. Victims often…
A 25-year-old Bronx man, Oliver Tejada, is going to prison for five years after pulling off a sophisticated bank robbery scheme. The Heist Tejada and his crew targeted elderly people and others, stealing their bank information. They then called the banks, pretending to be the victims, to get more details. Next, they used fake IDs…
Bitcoin’s price has been bouncing around lately. While it saw a small jump after some international news, it’s still stuck in a bit of a rut, struggling to break past $110,000. But what’s next? Analyzing Bitcoin’s Price with the Mayer Multiple One analyst, On-Chain College, is looking at the Mayer Multiple to predict Bitcoin’s future…
Chainlink (LINK) has been struggling lately, dropping over 33% since its peak in May. Why? A mix of things: Middle East tensions, a worried economy (thanks to rising interest rates and the Federal Reserve), and generally shaky investor confidence in crypto. The price is looking for a solid floor right now. A Huge Transfer to…
Texas has officially joined the growing number of states adding Bitcoin to their investment portfolios. This move diversifies the state’s finances and positions Texas as a leader in exploring cryptocurrency as a treasury asset. How Texas Will Manage its Bitcoin The new law, SB 21, creates a Bitcoin reserve that operates independently from the state…
Bitcoin’s price has been pretty stagnant lately. While it briefly hit $108,000 earlier this week, it’s mostly hung out between $103,000 and $106,000. It’s stayed above $100,000 since early May, but hasn’t really gained much momentum. Let’s dive into why that might be. Technical Indicators Point to a Potential Drop Analyst Burak Kesmeci predicts Bitcoin…
Bitcoin’s recent price dip below $103,000 highlights the market’s volatility. While it’s still up over 600% since November 2022’s crash, the question remains: what’s driving the price, and what are the risks? Crypto analyst Miles Deutscher offers some insights into a key factor: Bitcoin treasury companies. What are Bitcoin Treasury Companies? These are companies holding…
A Connecticut man, Veer Chetal, is cooperating with the feds after pleading guilty to his part in a massive Bitcoin heist. He’s one of three men accused of stealing $243 million worth of Bitcoin (4,100 BTC) from a victim in Washington, D.C. last August. The Scam Authorities say the trio used a sophisticated social engineering…
Nassim Taleb, the author of “The Black Swan,” claims the US dollar is no longer the world’s top reserve currency. He believes gold has taken its place. The Dollar’s Downfall? Taleb, in a recent Bloomberg interview, argued that the dollar’s reliability as a safe haven is crumbling. He pointed to people’s preference for stock market…
