A trader who accurately called the 2022 crypto collapse thinks the market is poised to witness bursts to the upside. Pseudonymous analyst Capo tells his 864,100 followers on the social media platform X that he’s bullish on Bitcoin and altcoins now that BTC has reclaimed the $60,000 psychological price level. “BTC is pumping, especially after …
Monthly archives: July 2024
Interest Payments on US National Debt Will Shatter $1,140,000,000,000 This Year – Eating 76% of All Income Taxes Collected: Report
The vast majority of Americans’ income taxes are now being swallowed up just to pay interest on the country’s national debt, new numbers show. Economist E.J. Antoni reports that based on the Fed’s June numbers, interest on the national debt is the equivalent of 76% of all personal income taxes collected by the government. “Interest …
Bitcoin, Ethereum, Solana and Crypto Markets Look Ready To ‘Send’ As Stars Align, According to Investor Chris Burniske
Crypto investor Chris Burniske says that Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and the crypto market in general look ready to make a run. The former head of crypto at ARK Invest tells his 292,200 followers on the social media platform X that several catalysts are now lining up, hinting that digital asset markets are …
BitMEX Founder Arthur Hayes Warns Pro-Crypto Voters Will Lose All Leverage After 2024 Election
Crypto veteran Arthur Hayes is warning that American voters focused on crypto-friendly policy will likely be ignored once the 2024 election is over. In a new essay, Hayes says if pro-crypto voters want regulatory clarity in the US, they should push for regulation before the November election with the current administration. Hayes says all crypto …
Former Finance VP Pleads Guilty to Embezzling $4 Million From Crypto Firm
Dylan Meissner, 31, of Westport, has pleaded guilty to fraud in Hartford federal court, the U.S. Department of Justice (DOJ) announced. Meissner, a former Vice President of Finance at a cryptocurrency research firm, admitted to stealing over $4 million from his employer. Starting in January 2022, Meissner secured a $170,000 loan in ethereum from his …
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Nigeria’s Self-Proclaimed Crypto Billionaire Released From Police Custody
The recently detained Nigerian self-proclaimed cryptocurrency billionaire, Linus Williams, has been released on bail. According to a controversial Instagram celebrity, Verydarkman, the crypto billionaire begged for release but is expected to answer for his alleged crimes soon. Self-Proclaimed Billionaire Begged to Be Released Nigeria’s self-proclaimed cryptocurrency billionaire, Linus Williams, recently arrested on charges of fraud …
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Blue Skies Up Ahead for Bitcoin, According to Trader Who Caught 2022 BTC Bottom – Here’s His Outlook
A top analyst who nailed the 2022 Bitcoin bottom believes that BTC bears have already surrendered their last line of defense. Pseudonymous analyst DonAlt tells his 571,800 followers on the social media platform X that blue skies are up ahead for BTC, meaning there’s no resistance left to stop Bitcoin from soaring to greater heights. …
AI and Metaverse Combo Could Create More Interactive, Personal Virtual Worlds, Says Tech Veteran
According to Paul Thomas, a seasoned technologist and founder at Somnia, artificial intelligence (AI), like the metaverse before it, is currently experiencing hype. This hype cycle will continue to be in vogue before eventually waning. Thomas argues that combining the metaverse with AI can potentially “make virtual environments interactive and personal.” AI Hype Cycle Expected …
Nigeria Acts to Defend Naira After Currency Hits New Record Low
The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The central bank stated that eligible BDCs can sell the dollars to end-users at a margin of no more than 1.5% above the purchase exchange rate. The Nigerian apex bank disclosed that it …
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Messari CEO Selkis Resigns After Controversial Political Posts
Ryan Selkis, founder of Messari, has stepped down as CEO, following controversial social media posts. He will transition to Senior Advisor, while Eric Turner takes over as interim CEO. “This week was the first week in 6.5 years that my politics and rhetoric put the team in harm’s way,” he stressed. Ryan Selkis Resigns as …
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Veteran Trader Peter Brandt Identifies Bitcoin’s Down Channel Pattern
Veteran trader Peter Brandt has emphasized that the current bitcoin price pattern “appears as a down channel.” Brandt’s recent analysis also indicates a potentially significant long-term upside for bitcoin, contrasting with gold advocate Peter Schiff’s bearish stance on the cryptocurrency. Peter Brandt Highlights Key Bitcoin Patterns and Bullish BTC/Gold Ratio Outlook Veteran trader Peter Brandt, …
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US Treasury Secretary Issues $34,000,000,000,000 Alert, Warns Countries Seeking Transactions That ‘Don’t Involve the Dollar’
US Treasury Secretary Janet Yellen says America’s foreign policy is pushing countries to find alternatives to the US dollar. In new testimony before the House Financial Services Committee, Yellen says America’s increasing use of sanctions to freeze assets of sovereign nations drives countries away from the world’s reserve currency. “In the realm of sanctions, we …
Is $200 Within Reach For Solana Price? Here’s Why This Blockchain Firm Thinks So
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing …
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Bitcoin Option Traders Are Betting On A Price Breakout Ahead Of US Elections: QCP Capital
The price of Bitcoin has been on a tear over the past seven days, returning between the $61,000 and $67,000 zone where it spent most of the second quarter. This positive run of form comes despite the FUD (fear, uncertainty, and doubt) due to speculations about Mt. Gox’s customer repayment. Interestingly, recent trading data have …
Here’s What To Know On Grayscale Bitcoin & Ethereum ETF Spinoffs – Details
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms …
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