According to recent statistics on Saturday, July 6, 2024, bitcoin’s market capitalization is nearing the $ 1 trillion mark. If bitcoin’s value drops by $ 110 billion, it will hit a low not seen since late February 2024. Bitcoin Market Cap Teeters on $ 1 Trillion Mark Bitcoin (BTC) has experienced a …
Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months
NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May
Although non-fungible token (NFT) markets showed improved performance over the past week, June’s sales figures were significantly worse compared to May. Over the last 30 days, NFT sales have decreased by 46.31%. June’s NFT Market Faces Steep Decline June proved to be challenging for digital collectible sales, experiencing a 46.31% drop compared to May, which […]
Bank of America Forecasts Gold Reaching $3,000 in the Next 18 Months
Earlier this week, Bank of America analysts revealed that gold might reach $ 3,000 in the next 18 months, pushed by central bank demand and a Federal Reserve dovish turn. “Achieving this would require non-commercial demand to pick up from current levels, which in turn needs a Fed rate cut to happen,” Bank of …
Ex-Banker Sentenced to 41 Months in US Prison for Crypto Fraud Scheme
Rashawn Russell, a former investment banker, was sentenced on Thursday to 41 months in prison for a cryptocurrency fraud scheme that caused $ 1.5 million in investor losses. From November 2020 to August 2022, Russell deceived multiple victims by promising high returns from cryptocurrency investments, only to misappropriate their funds for personal use, gambling, …