Cardano (ADA) has been struggling lately, with its price dropping significantly. This has left many crypto traders feeling gloomy about its future. But one analyst, Ali Martinez, believes this might be a good time to buy. “Buy the Dip” for Cardano? Martinez argues that Cardano’s current “depression phase” could be an opportunity. He suggests that…
Big Trouble for a Big Bank The 10th-largest bank in the US, TD Bank, is facing a whopping $3.1 billion fine after admitting to a major money laundering scheme. This is a historic moment, as TD Bank is the first bank in American history to plead guilty to conspiracy to commit money laundering. What Went…
The world of finance is taking notice of crypto! A recent survey revealed that almost half (47%) of traditional hedge funds are now invested in crypto assets. That’s a big jump from last year (37%) and the year before (29%). What’s driving this shift? Experts say it’s all about regulatory clarity. As governments around the…
Coinbase, the popular US crypto exchange, is adding support for a new AI-focused altcoin called io.net (IO) that runs on the Solana network. IO: A Decentralized GPU Network io.net is a decentralized physical infrastructure network (DePIN) that aims to use idle GPUs (graphics processing units) for machine learning (ML) and AI projects. Basically, they’re trying…
A Repeat Performance? A crypto analyst, TradingShot, noticed that Bitcoin’s price is acting a lot like it did back in October 2023. This could be a good sign for Bitcoin, considering what happened last year after a similar pattern emerged. TradingShot pointed out that Bitcoin’s price is currently bouncing around the 50-day and 200-day moving…
While Bitcoin has been struggling to break out of its $60,000 range, some interesting things are happening behind the scenes. Long-Term Holders Are Loading Up Despite the recent price dips, long-term Bitcoin investors are actually buying more. Over the past week, about $987 million worth of Bitcoin has been withdrawn from cryptocurrency exchanges. This means…
The Chinese government is moving a ton of Ether (ETH) that it seized from a huge crypto scam, and that’s making Ethereum investors nervous. China’s Big Sell-Off? A bunch of ETH that was frozen for years from the PlusToken scam is finally moving again. This scam was huge, worth over $4 billion! The Chinese government…
More and more traditional hedge funds are getting into the crypto game. A recent survey found that almost half of them are now holding some digital assets, up from 37% last year. The Crypto Shift The survey, conducted by the Alternative Investment Management Association (AIMA) and PwC, shows that hedge funds are moving beyond just…
Dogecoin Investors are Looking for the Next Big Thing Dogecoin (DOGE) was a huge hit, but its popularity seems to be fading. Many seasoned crypto investors are losing faith in DOGE and are looking for new opportunities. Enter RCO Finance RCO Finance (RCOF) is a new platform that’s attracting a lot of attention. Experts believe…
The meme coin world is booming, with billions of dollars invested in projects like Dogecoin, Shiba Inu, and Pepe. But behind the hype, there’s a dark side: pump-and-dump schemes and rug pulls, where traders lose millions. The DoJ Takes Action The US Department of Justice (DoJ) recently cracked down on this shady activity, arresting four…
