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Ethereum’s price has taken a hit, dropping by about 25% since its peak in March. While the overall market slump and Bitcoin’s price drop are likely contributing factors, some believe a specific project might be responsible for Ethereum’s woes. Golem: A Project With a Big Past and a Questionable Present Golem, an Ethereum-based project that…
Crypto analytics firm Santiment is saying that some big-name altcoins could be poised for a short-term rally after a recent dip. What’s the Deal with MVRV? Santiment uses a metric called Market Value to Realized Value (MVRV) to figure out if a coin is undervalued. Think of it like a sale: a lower MVRV means…
A former bank manager in Louisiana is facing serious charges after admitting to stealing over $250,000 from customers to fund his own lifestyle. From Bank Manager to Criminal Eric Jason Schouest, 53, was a manager at a Regions Bank branch in Plaquemine, Louisiana. He used his position of trust to access customer accounts, move money…
The US national debt is skyrocketing. In just six months, the debt jumped by a whopping $876 billion, reaching a staggering $34.866 trillion. Debt Concerns: A Former CIA Director Speaks Out Former CIA Director Mike Pompeo is sounding the alarm, warning that the nation’s growing debt is a serious threat to national security. He points…
The House of Representatives could vote this week to overturn President Biden’s veto of a bill that would scrap a controversial rule from the Securities and Exchange Commission (SEC). This rule, known as Staff Accounting Bulletin (SAB) 121, says that companies holding digital assets for their customers should list them as liabilities on their financial…
Shiba Inu (SHIB) is making a comeback! After a rough week, the popular meme coin has surged by double digits in the past 24 hours, fueled by a positive overall crypto market. Whale Activity Sparks Hope Large investors, known as “whales,” are behind this recent surge. Their transaction activity has skyrocketed by 229% since July…
Crypto is on the minds of US voters as the 2024 presidential election draws closer, according to a new survey by crypto asset management firm Grayscale. Voters Are More Interested in Crypto Than Ever The survey, conducted in April and May, found that nearly a third of voters are more open to learning about or…
CryptoQuant CEO Ki Young Ju is predicting that the current Bitcoin (BTC) bull market will continue until early 2025. While he acknowledges that Bitcoin could dip to around $47,000, he’s still bullish on the overall trend. $112,000 Price Target Ju believes the bull market will peak at around $112,000, based on his analysis of the…
Long-dormant Bitcoin wallets have sprung back to life, moving millions of dollars in BTC after more than 10 years. First Whale Awakens One early Bitcoin investor, who had been holding onto their coins for 10.6 years, suddenly moved 1,004 BTC worth $56.92 million. This whale initially moved the BTC to an unknown wallet before transferring…
A seasoned Bitcoin trader is urging caution, warning that the cryptocurrency could be headed for another major crash similar to the one that happened in November 2018. A Repeat of 2018? Back in 2018, Bitcoin fell below $6,000 after a long period of trading in a narrow range. While many investors jumped in to buy…
