Bitcoin’s price has been on a rollercoaster lately! One minute it was hitting six figures, the next it was “flash crashing” down to under $90,000. Let’s break down what happened and what it means. The Flash Crash Explained A “flash crash” is when an asset’s price suddenly plummets, only to recover almost immediately. This happened…
Peter Schiff, a well-known Bitcoin critic and economist, believes government intervention in the cryptocurrency market could seriously damage the US dollar. He argues that this isn’t because Bitcoin will replace the dollar, but because government actions could create a massive economic bubble. The Inflationary Threat Schiff’s main concern is that if the US government buys…
Bitcoin’s price recently dropped below $100,000. This dip seems linked to some long-term holders finally selling their coins. Long-Term Holders on the Move Data shows that Bitcoin held for 10+ years has seen significant movement recently. Analysts tracked the total amount of these “ancient” coins moved in the last month. The chart showed a massive…
A Russian man linked to the collapse of the WEX cryptocurrency exchange has been arrested in Poland. This arrest is part of a larger, international investigation into a massive crypto fraud. The Arrest in Warsaw Polish authorities, specifically the elite “Shadow Hunters” unit, arrested 37-year-old Dmitry Vasiliev (referred to as “Dmitry V.” by Polish media…
Ethereum recently hit $4,000, exciting some investors. But is the celebration premature? Let’s dive in. Profit-Taking and the $4,000 Hurdle After a long struggle, Ethereum finally broke through the $4,000 barrier on December 6th. While this is positive, some market signals suggest we might see a correction. Sell Signals Flashing A crypto analyst, ShayanBTC, points…
Crypto’s wild ride has been fueled in part by “degens”—high-risk investors chasing quick profits. While they’ve boosted crypto’s popularity, they’ve also created a breeding ground for scams. The Degen Phenomenon: A Double-Edged Sword “Degens,” short for “degenerates,” are crypto investors who prioritize high-reward opportunities over safety. They’ve driven the explosive growth of memecoins and speculative…
A retired therapist lost her life savings in a sophisticated scam, despite warnings from major banks. The Scam Judith Boivin, 79, fell victim to a scam where fraudsters convinced her she was secretly working with the FBI to take down a Mexican drug cartel. They manipulated her into believing she needed to withdraw her entire…
A lucky crypto trader has made a mind-blowing profit on Pepecoin (PEPE), a meme coin similar to Dogecoin and Shiba Inu. According to blockchain tracker Lookonchain, this investor turned a measly $70.40 into a whopping $7.06 million in just 20 months. A $70 Investment, A Multi-Million Dollar Payday This early adopter bought a massive amount…
A cat-themed meme coin, MOG Coin (MOG), built on the Ethereum blockchain, is experiencing a massive price surge after being listed on Coinbase, a major US cryptocurrency exchange. Coinbase Adds MOG Coin Coinbase announced the addition of MOG, which launched in July 2023, to its platform. Users can now buy, sell, and trade MOG through…
Bitcoin recently hit a massive milestone: $100,000! While many are super bullish, one analyst is sounding the alarm. A “Dangerous Zone”? A TradingView analyst calls $100,000 a “dangerous zone,” predicting a big price drop. Their technical analysis suggests Bitcoin could plummet to around $72,000. Why $100,000 is a Big Deal Bitcoin tried four times to…
