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…
Mike Novogratz, CEO of Galaxy Digital, recently sparked a debate about the fate of Bitcoin’s mysterious creator, Satoshi Nakamoto. During a CNBC interview, he made a comment that hinted at Satoshi’s possible death. Bitcoin’s Amazing Journey and Satoshi’s Legacy Novogratz celebrated Bitcoin hitting the $100,000 mark, highlighting its incredible journey from a white paper idea…
XRP’s price has dipped after a recent surge, leaving some investors wondering if it’s time to cash out. But one analyst, TheXRPguy, thinks it’s too early to sell. He’s outlined seven reasons why holding onto your XRP could be very profitable. Reasons to Hold Your XRP Here are TheXRPguy’s top seven reasons to hold onto…
Solana (SOL) has been on fire lately, becoming one of the top-performing cryptocurrencies. This surge has investors buzzing about even higher prices. A Breakout and Bullish Outlook Solana recently broke through a key resistance level, signaling a potential major price upswing. This breakout, following a dip earlier in the week, shows the coin’s strength and…
Bitcoin hit a record high of $103,600, causing a wave of excitement. But the party didn’t last long. The Sudden Drop: What Happened? Within hours, the price plummeted to $92,000. Analyst Axel Adler explained this dramatic fall was due to a massive number of traders using leverage (borrowing money to invest). As Bitcoin passed $100,000,…
The US Treasury Department is cracking down on a money laundering scheme allegedly used by wealthy Russians to dodge sanctions. Five individuals linked to the TGR Group are facing sanctions for their role in helping Russian elites circumvent restrictions imposed after the Ukraine invasion. The Scheme: Using Crypto to Hide Wealth The TGR Group, reportedly…
