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A trader who nailed the May 2021 Bitcoin collapse believes BTC could see more downward price action before igniting a renewed rally en route to new all-time highs.
Pseudonymous analyst Dave the Wave tells his 146,700 followers on the social media platform X that BTC may revisit the “buy zone” of his logarithmic growth curve (LGC) model before carving a local bottom.
The LGC model aims to predict...
Wells Fargo is facing a new proposed class-action lawsuit, accused of breaking the law by forcing customers to accept responsibility for unauthorized transfers.
The suit, filed by Jennifer Rice and Erik Westervelt in a Pennsylvania federal court, alleges Wells Fargo routinely violates the Electronic Funds Transfer Act by not reimbursing victims for their losses.
In December of 2023, the couple...
Hackers stole more than twice the amount of crypto assets in the first half of 2024 compared to the same period last year, according to blockchain intelligence firm TRM.
In a new report, TRM says that from January to June 24th of this year, cybercriminals siphoned $1.38 billion worth of crypto assets through hacks and network exploits.
In comparison, bad actors stole $657 million worth of...
New data from crypto asset management firm Grayscale reveals that US voters are increasingly focusing on crypto as the 2024 presidential election nears.
In a new blog post, Grayscale says that this election cycle could be partially centered around Bitcoin (BTC) and crypto as voters become increasingly interested in digital asset investments.
To reach its conclusion, the crypto firm conducted a...
Ki Young Ju, the CEO of blockchain analytics platform CryptoQuant, says he’s expecting the current Bitcoin (BTC) bull run to last until the first few months of 2025.
Ju tells his 351,000 followers on the social media platform X that while he sees the potential for more downside for Bitcoin, perhaps near the $47,000 level, he is still anticipating a continuation of the bull market up until early...
Two very early Bitcoin owners have suddenly shifted tens of millions of dollars in BTC after more than 10 years of dormancy.
Data from the whale-watching bot Whale Alert reported the abrupt awakening of an ancient Bitcoin wallet that moved 1,004 BTC worth $56.92 million after being dormant for 10.6 years.
On-chain data shows that the whale initially moved the BTC to an unknown wallet before...
A veteran trader says he’s hesitant to flip bullish on Bitcoin (BTC) just yet considering the possibility of another November 2018-style crash.
In November of 2018, BTC broke down below $6,000 after consolidating in a narrow range for over six months, and while many were eager to buy the dip, Bitcoin didn’t bottom out until it nearly touched $3,000.
Pseudonymous trader DonAlt tells his 568,000...
JPMorgan Chase, Bank of America and Wells Fargo have reportedly agreed to testify at a US Senate hearing over hundreds of millions of dollars in fraud on the payments network Zelle.
Executives involved in the banks’ payment operations are expected to appear on July 23rd, reports Politico, citing sources who were allowed to speak anonymously about the plan.
The hearing will be held by the...
A closely followed crypto analyst is issuing a warning, saying that one popular altcoin could be due for a significant correction.
Crypto trader Ali Martinez tells his 66,600 followers on the social media platform X that decentralized oracle provider Chainlink (LINK) could see a massive dip in price after failing to maintain a key support level.
“LINK faces a potential 45% price correction if it...
The co-founders of crypto market intelligence firm Glassnode say that Bitcoin (BTC) could double up before finding its cycle top.
In a new thread, Glassnode co-founders Jan Happel and Yann Allemann – who go by the handle Negentropic – tell their 63,300 followers on the social media platform X that market sentiment appears to be influenced by “half-way jitters” due to the latest crash.
However,...