A popular crypto analyst, Bluntz, believes that a Bitcoin token called PUPS has the potential to rise even higher after a recent surge. PUPS Token Skyrockets PUPS, an Ordinals token, has seen a meteoric rise in the past month, climbing over 4,600% from its March low. Bluntz noted that PUPS is following a similar pattern…
As the 2024 Bitcoin halving approaches, the crypto world is abuzz with excitement and speculation. Social media is filled with discussions about the event, indicating potential market volatility. Social Media Surge Fuels Speculation Analysts believe that the surge in social media chatter often coincides with market shifts. Some predict a price rally, while others are…
The Bitcoin market has been a bit sluggish lately, making some wonder if the bull run is over. But there’s one metric that could give us a clue. Mean Dollar Invested Age This metric tracks how long Bitcoin has been sitting in the same wallets. When it’s going up, it means investors are holding onto…
On April 12, the crypto market experienced a sudden drop in prices, leading to massive liquidations. Massive Liquidations Amidst Price Decline Bitcoin fell by 4.49% in the last day, hitting a low of $66,052. This triggered a domino effect, with Ethereum and Solana also seeing significant losses. As a result, over 277,000 traders lost their…
A crypto analyst has made some bold predictions for Dogecoin’s price on April 20, known as DOGE Day. Price Target: $0.26 Analyst Myles G believes Dogecoin will hit a minimum of $0.26 on April 20 by 4:20 pm EST. This prediction is based on price models and the hype surrounding DOGE Day. Factors Driving the…
Sudden Market Downturn On April 12, the crypto market took a hit, with Bitcoin falling below $67,000 for the first time in over a week. This caused nearly $900 million in liquidations in the past 24 hours. Behind the Decline According to Santiment, an on-chain analytics firm, the drop was driven by: CPI and Inflation…
Recent Court Ruling Weakens SEC’s Case A recent decision by the Second Circuit Court of Appeals could significantly weaken the SEC’s case against Ripple Labs. The court ruled that the SEC cannot seek disgorgement (the return of improperly obtained funds) unless investors can prove they suffered actual financial losses. This ruling could provide a lifeline…
Case Dismissed Due to Lack of Evidence Australian prosecutors have dropped the lawsuit filed by billionaire Andrew Forrest against Meta (formerly Facebook) over the use of his image in crypto scam ads. The decision comes as a setback for Forrest, who accused Meta of failing to prevent the fraudulent ads. Forrest’s Allegations In February 2022,…
JPMorgan Chase CEO Jamie Dimon has expressed concerns about several “significant uncertain forces” that could impact the global economy. Inflation and Conflicts Dimon highlighted persistent inflation and ongoing violent conflicts as major worries. He noted that geopolitical tensions and the ongoing war in Ukraine could further strain the economy. Quantitative Tightening Dimon also expressed uncertainty…
Customers Seek $5 Million in Damages A billion-dollar bank in the US is facing a class-action lawsuit for allegedly charging customers excessive overdraft fees. Overdraft Fee Practices Customers LaNita Criswell and LaSheena Neal claim that Frost Bank imposed $35 overdraft fees on transactions that did not exceed account balances. They allege that this practice violates…
