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Feed Items

Banking titan JPMorgan Chase reportedly believes that fresh record highs are in sight for the S...
A new survey of central banks suggests growing skepticism about the future of the US dollar and its role in the global economy. Analysts from the Official Monetary and Financial Institutions Forum (OMFIF) – an independent think tank organization concerned with central banking, economic policy and public investment – say there is a global shift away from the dollar and into other currencies,...
A closely followed crypto analyst is predicting a historic rally for altcoin markets based on an unprecedented technical setup. The pseudonymous analyst known as TechDev shares a chart with his 532,000 followers on the social media platform X showing the price action of TOTAL2 – which tracks the total market cap of crypto assets excluding Bitcoin (BTC) and stablecoins – with a Bollinger Band...
The Federal Deposit Insurance Corporation (FDIC) has issued a warning about the rise of fraudsters pretending to be bank employees to run their scams on Americans. In a new announcement, the FDIC details an epidemic of “bank impersonation scams and fake bank” cons that the agency says caused $12.5 billion in losses to consumers in 2024 alone. The FTC found that “bank impersonation” scams were...
US banking titan Goldman Sachs is reportedly highlighting its bullishness on one under-the-radar artificial intelligence (AI) stock that’s up over 68% since March. Goldman has put Taiwan Semiconductor Manufacturing Company Limited (TWSC:2330) on its “Conviction Buy” list after already being on its buy list, Insider Monkey reports. TSMC is Taiwan’s largest company, and shares of TSMC are often...
Macro expert Luke Gromen believes the US government’s goal to raise the stablecoin market cap to fund its fiscal deficits will propel Bitcoin (BTC) to astronomical price levels. Earlier this month, U.S. Treasury Secretary Scott Bessent said estimates suggest that the stablecoin market cap could grow to $3.7 trillion by 2030. According to Bessent, stablecoins will drive demand for US Treasuries,...
The analytics platform Glassnode says that Bitcoin’s (BTC) uptrend remains solid as long as one crucial support area holds. Glassnode says the data visualization tool Cost Basis Distribution (CBD) heatmap shows Bitcoin has strong support at the “structurally important” zone between the $93,000 – $100,000 range. CBD is an on-chain metric used to show price areas where investors bought their coins...
A former bank executive has just pleaded guilty to stealing hundreds of thousands of dollars from her employer. Amy Jo Reid stole $411,923 when she was working as a senior vice president and the director of purchasing for an unnamed bank in Green Bay, Wisconsin, according to court documents obtained by Fox11. Reid committed the fraud scheme using bank-sponsored credit cards, known as “purchase...
Scammers posing as Wells Fargo’s fraud representatives reportedly stole one woman’s life savings from her bank account. Roberta Thompson, a school bus driver in Katy, Texas, says her troubles began when she received a text from someone she believed was with the Wells Fargo fraud department, reports Fox26 Houston. The text alerted her to what appeared to be a fraudulent transaction. After the...
Victims of a data breach that placed personally identifying information of hundreds of thousands of people at risk are set to get paid in a new settlement. According to the settlement administrator’s portal, the Chicago-based global insurance broker Hub International will pay $4.65 million to settle a class action lawsuit that accused it of enabling a “massive and preventable data breach” between...