The Business & Technology Network
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The majority of crypto owners in the US support Donald Trump over Kamala Harris despite the former president being behind in a new national poll. According to a recent poll conducted by Fairleigh Dickinson University (FDU), US crypto owners are embracing Trump as their candidate for the upcoming presidential election as he holds a double-digit lead against Harris amongst them. “Voters who say...
A growing number of US banks are accused of routinely misleading customers in a push to pocket billions of dollars. JPMorgan Chase is now facing a proposed class action lawsuit for allegedly shifting customers’ idle cash into accounts with extremely low interest rates without proper disclosure. The bank joins Wells Fargo, Bank of America and others accused of using cash sweep programs to quietly...
A widely followed economist believes that the outcome of this November’s US presidential election could have significant ramifications for the crypto market. In a new interview on the Unchained Podcast YouTube channel, economist Alex Krüger says that altcoins will likely fare better if former US president and Republican nominee Donald Trump prevails. However, if the Democratic nominee and...
Investors are pouring capital into US and global bond funds in anticipation of rate cuts from the Federal Reserve. In the week ending August 28th, a total of $17.69 billion in global bond funds was purchased, with $9.58 billion allocated to US bond funds, reports Reuters, citing LSEG data. The numbers represent a six week high and come as investors bet that Federal Reserve Chair Jerome Powell...
Cryptocurrency analyst and trader Jason Pizzino is offering his opinion on the likely trajectory of altcoins over the coming months. Pizzino tells his 332,000 YouTube subscribers that he is expecting an “altcoin bounce” in this year’s fourth quarter during or after the November 5th US presidential election. Pizzino says the percentage of Tether (USDT) stablecoin’s market cap relative to other...
Largely followed crypto analyst Altcoin Sherpa believes that one red-hot memecoin has more room to run to the upside despite astronomical gains so far this year. The pseudonymous trader tells his 221,900 followers on the social media platform X that Solana (SOL)-based meme token Popcat (POPCAT) could remain in an uptrend after bouncing off a key level at around $0.64. “POPCAT still looks pretty...
Long-time crypto bull Anthony Pompliano is offering his forecast on Bitcoin (BTC) as the flagship crypto asset trades in a range. In a CNBC interview, Pompliano says Bitcoin has been trading sideways over the past couple of months due to reduced activity over the summer. “Well, I think it’s just sideways summer, you know. People kind of saw this huge run-up after the Bitcoin ETF (exchange-traded...
HodlX Guest Post  Submit Your Post   The digital era is marked by limitless online communication, but at the same time, it raises concerns about our freedom and digital rights. After Pavel Durov – the founder of the messaging app Telegram – was arrested in France, the issue is escalating and coming to a pivotal moment. The case of Pavel Durov – a turning point Legal claims related to Telegram’s...
Certain on-chain metrics suggest that blockchain scaling solution Polygon (MATIC) could be on the verge of a price reversal, according to the crypto analytics firm Santiment. Santiment notes MATIC recently witnessed a spike in active addresses and dormant coin movement. “Polygon has been among the many networks declining since crypto’s retrace began back in March. However, a notable spike in on-...
New data unveils that BlackRock’s iShares Bitcoin (BTC) Trust (IBIT) has suffered outflows for just the second time since being launched in January. According to new information from London-based investment management firm Farside Investors, BlackRock – a firm with over $10 trillion in assets under its management – saw its BTC exchange-traded fund (ETF) weather its second day of outflows ever...