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Decentralized Cloud Computing Altcoin Skyrockets in Price After Completion of Successful Mainnet Upgrade
A decentralized cloud computing altcoin has surged by 44% since it completed a mainnet upgrade on May 2nd. Akash Network (AKT) is trading at $5.76 at time of writing, up from around $4.00 prior to rolling out its “Mainnet 11” version earlier t
Read MoreTop Crypto Assets Defying Bearish Market Outlook
Crypto assets are trading in the red zone for the second consecutive day with some coins posting double-digit losses. At press time, the market capitalization is down 0.5% in the last 24 hours with a massive 41% decline in trading volumes. The fall in m
Read MoreUS Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000
JP Morgan and Wells Fargo, two of the largest banks in the United States, have announced their investments into Spot Bitcoin ETFs, unveiling their exposure to BTC, the world’s largest cryptocurrency. This significant development comes amidst the persist
Read MoreBitcoin Miner Marathon Digital Misses Revenue Expectations Due to Production Setbacks
Marathon Digital, a Bitcoin mining company, fell short of revenue expectations set by Wall Street analysts in the first quarter 2024 report. The firm cited adverse weather conditions and equipment malfunctions as contributing factors to the lower-than-exp
Read MoreRobert Kiyosaki Advises Preparing for Depression — ‘For Years I Could See This Crisis Coming’
Rich Dad Poor Dad author Robert Kiyosaki has advised preparing for an economic depression. He emphasized the importance of being ready for the worst, cautioning against the complacency prevalent among many who prefer to “live in Disneyland.” H
Read MoreUS Treasury Accused of Spying on Americans’ Bank Transactions in Secret Surveillance Program As Secretary Yellen Confirms ‘Communications Took Place’
US Treasury Secretary Janet Yellen is responding to accusations that the US government and more than a dozen financial institutions have teamed up to spy on Americans’ private bank transactions. The House Judiciary Committee recently published a mem
Read MoreDogecoin and Shiba Inu Await Breakout for Over 100% Rally
The volatility recorded in the broader crypto ecosystem impacted memecoins remarkably with the spotlight on Dogecoin (DOGE) and Shiba Inu (SHIB). With the bearish outlook, Shiba Inu slumped by 10.65% in the trailing 7-day period, dropping as low as $0.000
Read MoreCardano Ready For 15x Move, Crypto Analyst Reveals The Major Drivers
Cardano (ADA) looks primed to make that move to the upside, with crypto analyst Javon Marks revealing what could make the crypto token see a 15x increase in its price. Marks’ analysis comes amidst recent price predictions, which paint a bullish outlook
Read MoreVeteran Trader Peter Brandt Warns of SEC’s Full-Scale Assault on Crypto Staking — ‘It’s Going to Be a Bloodbath’
Veteran trader Peter Brandt has predicted a severe regulatory crackdown on cryptocurrency staking by U.S. regulators, including the Securities and Exchange Commission (SEC). “It’s going to be a bloodbath,” he warned, cautioning that h
Read MoreRenowned Economist Reveals “The Date the Bull in Bitcoin Will End” and “The Peak Level BTC Will See”
Famous economist Timothy Peterson made some interesting predictions about the future price of Bitcoin in a recent statement. Known for his illuminating analyzes of cryptocurrency markets, Peterson based his predictions on Bitcoin's historical price b
Read MoreFTX And Alameda Ramp Up Liquidations; Almost $100 Million In Assets Sold In Just One Month
Managers of the collapsed crypto exchange FTX and its sister trading firm Alameda have undertaken substantial liquidations, selling off assets totaling over $100 million in just one month. This move follows FTX’s proposal for a compensation plan ai
Read MoreA Tribute To Jim Simons: The Legend Who Solved The Market
Jim Simons’s flagship medallion fund generated a return of 66% returns continuously from the past 30 years.He died recently at the age of 86 In the world of Quant finance, certain names stand out like shining beacons of success whose story has b
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