Monthly archives: May 2023

Venezuelan President Nicolas Maduro says a significant decline in the global use of the US dollar is now inevitable. In his latest weekly update, Maduro points to US sanctions as the core reason that nations are exploring ways to reduce their reliance on the world’s reserve currency. Maduro says African nations are setting the tone. …

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The crypto trader who masterfully rode the 2023 rally in the digital asset markets says he has his eye on two interesting large-cap altcoins. In a new strategy session, pseudonymous trader DonAlt tells his 50,700 YouTube subscribers that one of the altcoins that caught his attention is LDO, the native token of liquid staking service …

Continue reading “Trader Who Caught 2023 Crypto Rally Names Two ‘Interesting’ Altcoins, Updates Forecast on Ethereum (ETH)”

The parent company behind the crypto wallet MetaMask has debunked “inaccurate” rumors that it is collecting tax on crypto transactions. News Join us on social networks ConsenSys, the company behind the crypto wallet MetaMask, has hosed down rumors that it collects taxes from cryptocurrency users.  The company informed its 270,000 Twitter followers on May 22 …

Continue reading “Is MetaMask withholding customers’ crypto for taxes? No, it’s not”

A Nevada man is facing time behind bars for his alleged role in the multi-million-dollar CoinDeal investment scheme. According to a new press release, the U.S. Department of Justice (DOJ) is charging 57-year-old Bryan Lee for his alleged participation in defrauding 10,000 investors out of $45 million and misappropriating their funds. The DOJ says that …

Continue reading “Nevada Man Faces Decades in Prison After Feds Charge Him in Alleged $45,000,000 Crypto Scheme”

Embattled Terra (LUNA) founder Do Kwon is reportedly having his bail conditions appealed by Montenegrin prosecutors. According to a new document released by Montenegrin authorities, an appeal has been filed by the State Prosecutor’s Office against the decision to let Kwon and his associate Han Chang-joon pay 400,000 euros ($435,000) to be let out on …

Continue reading “Terra (LUNA) Creator Do Kwon’s Bail Conditions Appealed by Prosecutors: Report”

Bitcoin price could be gearing up for a decisive move, which could set the stage for XRP, LTC, RNDR and CFX. Price Analysis Join us on social networks Inexperienced traders usually chase prices higher during the end of the bull phase as they fear missing out on the rally. However, institutional investors tend to wait …

Continue reading “These four altcoins could be ready for an up-move if Bitcoin rallies above $27,500”

Treasury Secretary Janet Yellen says that the banking industry will likely consolidate further into bigger giants as the industry continues to weather hard times. This week, Yellen met with over two dozen CEOs and executives convened by the Bank Policy Institute (BPI) to discuss the current state of the economy and President Biden’s economic agenda. …

Continue reading “Janet Yellen Says More Bank Mergers Likely Amid Industry Turmoil in Meeting With Over Two Dozen Execs: Report”

U.S. President Joe Biden expressed opposition to a debt ceiling deal that would allegedly benefit crypto traders. News Join us on social networks United States President Joe Biden expressed opposition to a debt ceiling agreement with Republican leaders that would allegedly benefit crypto traders. Attending the Group of Seven (G7) Summit, Biden reportedly classified Republicans’ …

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Given the uncertainty in the macroeconomic environment, Bitcoin price bulls have no reason to bet against a six-week descending wedge pattern. Market Analysis Join us on social networks A bearish market structure has been pressuring cryptocurrencies’ prices for the past six weeks, driving the total market capitalization to its lowest level in two months at …

Continue reading “Bitcoin, Ethereum bears are back in control — Two derivative metrics suggest”