TD Bank, a major player in the US banking world, just got hit with a massive $3 billion fine. This is the biggest penalty ever handed out under the Bank Secrecy Act (BSA), and it’s all because of their dealings with crypto. Crypto Trouble: A Case of Missed Red Flags The US Department of Justice…
The crypto industry in the US might see more support under a Kamala Harris presidency than the current Joe Biden administration. Comparing Policy Stances A recent analysis compared the crypto policies of the Biden, Harris, and Trump administrations. While a Trump victory would likely be the most favorable for crypto, a Harris win could still…
Bitcoin’s apparent demand is on the rise again, signaling a potential shift in market sentiment. What is Apparent Demand? Apparent demand is a measure of how much Bitcoin is being bought and sold. It’s calculated by looking at the difference between the amount of Bitcoin being mined (produced) and the amount of Bitcoin being held…
Ethereum has been making headlines lately, and not just for its price. A key indicator, called Open Interest, is showing some interesting signs. Open Interest: A Signal of Volatility? Open Interest tracks the total number of open positions on all Ethereum derivatives platforms. Think of it like a gauge for how much people are betting…
What is Play-to-Earn? Play-to-Earn (P2E) games are like regular video games, but with a twist: you can earn real money! These games use blockchain technology, the same tech behind Bitcoin, to let you own in-game items and rewards. How Does It Work? Play the game: Complete tasks and missions. Earn rewards: Get cryptocurrency or special…
A crypto analyst is warning that popular meme coins Pepe (PEPE) and dogwifhat (WIF) are about to take a nosedive. PEPE: Time to Sell? Credible Crypto, a well-known analyst with over 400,000 followers on X (formerly Twitter), believes PEPE’s recent rally is coming to an end. He’s predicting a big drop, with PEPE falling below…
Bitcoin infrastructure company Blockstream just secured a massive $210 million investment, putting them in a prime position to capitalize on the next big Bitcoin boom. Big Plans for the Big Bucks This funding round, led by venture capital firm Fulgur Ventures, will be used to: Supercharge layer-2 development: This refers to technologies that help Bitcoin…
A popular crypto analyst, known as Altcoin Sherpa, is predicting a Bitcoin (BTC) rally. He believes that BTC has more room to grow, even after its recent surge. Bitcoin’s Next Move Sherpa is optimistic about Bitcoin’s future, saying it could reach $70,000. He points to the recent support level at $60,000 as a positive sign….
Tether, the company behind the popular stablecoin USDT, is looking to get into the business of lending money to commodity trading companies. They see a lot of potential in this area, especially since many smaller companies struggle to get the funding they need. Why Tether? Tether’s lending proposition is attractive because it’s not subject to…
Dogecoin, the popular meme coin, reached an $80 billion market cap during the 2021 bull run, marking a new all-time high (ATH) back then. However, hitting that market cap again this time wouldn’t mean a new ATH. Here’s why: Inflationary Nature of Dogecoin Dogecoin has an unlimited supply, meaning more coins are constantly being created….
