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A Canadian crypto exchange founder is in hot water after being accused of using customer funds for online gambling. David Smillie, the founder of ezBtc, allegedly gambled away over $9.5 million in customer money on betting sites like FortuneJack and CloudBet. Millions Disappear into Betting Accounts The British Columbia Securities Commission (BCSC) found strong evidence…
The city of Columbus, Ohio has been targeted by a major cyberattack, leaving city servers disrupted and potentially compromising sensitive data. City Servers Down, Data Potentially Compromised The attack, believed to be orchestrated by the ransomware group Rhysida, has caused significant damage to the city’s IT infrastructure. While officials were able to prevent encryption of…
A popular crypto analyst is sounding the alarm about Bitcoin’s future. Altcoin Sherpa, who has over 200,000 followers on social media, says Bitcoin’s recent price dip below $60,000 could be a sign of bigger trouble to come. Bitcoin’s Fate Hinges on $58,000 According to Sherpa, Bitcoin’s next move will determine its fate. If it can…
Veteran crypto analyst Peter Brandt has spotted a peculiar pattern in Bitcoin’s price chart – an inverted triangle. He’s using his classic charting skills to figure out what this means for Bitcoin’s future. What’s the Triangle All About? Brandt noticed this triangle pattern in Bitcoin’s price chart from May 2023 to November 2024. Triangles in…
Bitcoin’s Future is Bright Bitcoin is currently trading around $58,000 – $60,500, and it’s hard to say where it will peak. But one analyst, Lark Davis, thinks it could hit a whopping $190,000! Rainbow Pattern Points to Big Gains Davis, known for his insights into the crypto market, spotted a “Rainbow Pattern” on Bitcoin’s chart….
Cardano (ADA), a popular cryptocurrency, has seen its user base stagnate over the past year. This means that the number of people holding ADA hasn’t increased significantly. Why is Cardano’s Adoption Stalling? According to IntoTheBlock, an analytics firm, Cardano’s growth in user base slowed down during the 2022 bear market and has completely flatlined since…
Shiba Inu (SHIB) is making headlines again, thanks to a huge increase in activity from big-money investors, known as “whales.” This could mean a big price jump for the meme coin is on the horizon. Whale Watching: A 240% Surge in Large Transactions Data from IntoTheBlock shows a massive spike in large transactions involving Shiba…
Bitcoin’s recent price action has been a rollercoaster, but there’s a glimmer of hope on the horizon. Long-term holders (LTHs) and big investors are starting to buy Bitcoin again, a trend that could signal a bullish future for the cryptocurrency. The Bullish Signs After a period of selling off their Bitcoin, LTHs are now accumulating…
Ethereum (ETH) is making headlines, with analysts predicting a massive surge in price. One analyst, Javon Marks, believes ETH could skyrocket by 75%, reaching a whopping $4,723. Why the Hype? Marks points to a “bull divergence” on the charts, which suggests a strong upward trend. He believes this could propel ETH to $4,723 and beyond….
A top financial expert is warning investors that holding US Treasury bonds could be a risky move. Luke Gromen, a veteran macro investor, believes the value of the US dollar will eventually crash, making those bonds worth much less. The Problem with US Manufacturing Gromen argues that the US’s lack of domestic manufacturing is a…
