Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, died of a heart attack while under house arrest in Brazil. A technical analyst predicts a significant surge in Bitcoin’s price, suggesting it could reach $ 300,000 during the upcoming aggressive phase of the bull cycle. The FBI is cautioning the public against …
Dimon Doubles Down on Bitcoin Dislike, SBF to Aid Legal Action Against Celebrities, and More — Week in Review
JPMorgan Chase CEO Jamie Dimon has reiterated his critical stance on bitcoin, labeling it a fraud and dismissing its potential as a legitimate currency. Former FTX CEO Sam Bankman-Fried has agreed to a settlement that involves cooperating with legal actions against celebrities linked to FTX’s collapse. U.S. analysts are evaluating the impact of the proposed […]
Massive BTC Market Turbulence, Analyst Predicts $650K BTC Price, and More — Week in Review
Last weekend witnessed a significant decline in Bitcoin prices that continued throughout the week, resulting in a $ 4,500 drop and erasing $ 167 million in BTC long positions within just an hour. Despite this turbulence, onchain analyst Willy Woo forecasts a potential rise in Bitcoin’s price to $ 650,000. Robert Kiyosaki, …
Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation
Over the past seven days, the stablecoin sector has expanded by $ 2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $ 160 billion. A significant portion of this growth, exceeding $ 2 billion, is attributed to the increase in USDT’s market capitalization, which reached $ 109.38 …
Amid a Week of Severe Crypto Lows, TON and ONDO Record Gains Despite Broad Market Declines
The past week has not been favorable for the majority of cryptocurrency assets, with only four specific digital currencies recording gains. This week, ONDO appreciated by 13.2%, TON increased by 11.3%, PENDLE grew by 6%, and LEO saw a slight uptick of 0.5%. Market Update: A Tough Week for Crypto With Few Standouts The landscape […]