Venture capitalist and crypto investor Chris Burniske says that downward chop is the most likely scenario for digital assets in the next market phase. Burniske says on the social media platform X that after a relatively long uptrend, crypto markets are probably due for a correction. “Been a solid run of many months for crypto, …
Monthly archives: February 2024
Rich Dad Poor Dad Author Says He Owns Bitcoin for Protection, Predicts Collapse of Stock and Bond Markets
Best-selling finance author Robert Kiyosaki is issuing a dire warning, saying that a collapse in the stock and bond markets is close at hand. The Rich Dad Poor Dad author tells his 2.5 million followers on the social media platform X that the stock market rally is driven by dollars coming from the US government. …
Wells Fargo Refuses to Reimburse Client After $4,000 Vanishes From Safe Deposit Box – How the Customer Took Matters Into His Own Hands
A customer at Wells Fargo says he was shocked to discover $4,000 in cash had been taken out of his safe deposit box – and the bank refused to reimburse the funds. Jeffrey Temmer says he realized his safe deposit box was empty when tried to grab cash for Christmas shopping, reports Milwaukee-based FOX6 News. …
Solana-Based Altcoin Surges More Than 42% This Week Amid New Listing on Top Crypto Exchange Binance
A Solana (SOL)-based altcoin rallied by more than 42% this week amid news that Binance is adding spot trading support for the digital asset. Pyth Network (PYTH) is an oracle network that aims to provide real-time financial data to smart contracts and decentralized applications (DApps). This week, the project’s native token PYTH soared to a …
Avalanche To Unleash 9.5 Million Tokens, Traders Brace For Impact
Avalanche, the blockchain platform poised for a major event in the month of love, is gearing up for a significant development. As February unfolds, the cryptocurrency market is anticipating the release of nearly $900 million worth of vested tokens from a diverse array of projects. This imminent influx into the market has sparked a wave …
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How To Buy And Trade BRC-20 Tokens On The Bitcoin Network
What are BRC-20 Tokens? BRC-20 tokens are a novel standard on the Bitcoin blockchain, BRC-20 tokens were inspired by Ethereum’s ERC-20. Like Ethereum’s ERC-20 strands for Ethereum Request for Comment, BRC-20 also strands for Bitcoin Request for Comment. BRC-20 tokens allow the creation, minting, trading, and transfer of fungible tokens or assets on the Bitcoin …
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Crypto After Death: How Do You Pass On Your Investments To Your Loved Ones?
Understanding the challenges of crypto after death is vital for anyone investing in digital assets. Without proper preparation, your digital wealth could become inaccessible after your passing. This guide aims to navigate the complexities of managing cryptocurrencies after death. It covers essential steps, from documenting holdings to navigating legal considerations, ensuring your digital legacy is …
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Why This Crypto Report Suggests Solana As A Main Focus For The Next Bull Market
A recent ‘Navigating Narratives’ report by K33 Research provided insights on how to trade altcoins. Interestingly, as part of their analysis, they highlighted Solana (not ETH) as the main focus and elaborated on why this was so. Why Solana Is The Main Focus The report, written by DeFi Analyst David Zimmerman, stated that they were …
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Bitcoin Set For Positive Performance In Q2 2024: Coinbase Analysts
Analysts at cryptocurrency exchange Coinbase are backing Bitcoin and the entire crypto market to put up a significantly positive performance in Q2 2024. This development comes as BTC continues its market recovery, gaining by 3.31% in the last week to trade above $43,000. Downward Pressure On Bitcoin Subsides, Macro Factors To Come Into Play: Analysts …
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Billion-Dollar Bank Pays $65,000,000 Fine, Faces Cease-and-Desist Order After Violating Bank Secrecy Act, Deploying Poor Risk Management
A Los Angeles-based lender known as the ‘bank to the stars’ will pay a $65 million fine for a number of violations, including failure to follow the Bank Secrecy Act. The Office of the Comptroller of the Currency (OCC) says City National Bank engaged in “unsafe or unsound practices” ultimately resulting in lapses in several …
Virtual Reality Metaverse Altcoin Soars Over 24% in a Day As the Crypto Project Teases New Apple Vision Pro App
An under-the-radar virtual reality metaverse altcoin teased an upcoming app release on the new Apple Vision Pro headset and surged by more than 24% in a matter of hours on Friday. Victoria VR (VR) is a blockchain-based virtual reality metaverse powered by the 3D creation tool Unreal Engine. The massively multiplayer online role-playing game (MMORPG) …
Fading Downside Pressures on the Crypto Market Could Foster a Better Trading Environment: Coinbase Analysts
Analysts at top-US-based crypto exchange Coinbase say that fading downside pressures could create healthier market conditions for investors. In a new analysis, Coinbase says that many factors dampening Bitcoin (BTC) and the broader digital assets industry – such as liquidations by bankrupt crypto exchange FTX and the financial troubles of crypto lender Celsius – are …
US Banking Giant Owes Millions of Dollars to Customers After Failing to Protect and Reimburse Victims of Fraud for Years: New York Attorney General
New York is suing one of America’s biggest banks for allegedly implementing weak security measures, deceiving customers about their rights and refusing to reimburse fraud victims as mandated by law. New York Attorney General Letitia James says her office has decided to sue Citibank after the financial giant failed to protect its customers over the …
Total Value Locked in the Decentralized Finance Sector Surges in January to Highest Point Since 2022: DappRadar
Crypto intelligence platform DappRadar says the total value locked (TVL) in the decentralized finance (DeFi) sector surged to a level not seen in over a year. DappRadar notes in a new analysis that total DeFi TVL increased by 7% in January and reached $110 billion, the highest since 2022. TVL refers to the amount of …
Why governments should regulate stablecoins instead of developing CBDCs
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