Bitcoin Poised for Record Monthly Gains in November as Price Surges by $21,000
The digital asset market is currently experiencing extreme volatility and signs of capitulation. Global market capitalization has fluctuated between $2.41 trillion and $2.49 trillion following a sharp sell-off that erased more than $500 billion in value over a short period. Market sentiment deteriorated rapidly during the decline. The Fear & Greed Index dropped to levels…
Crypto corporations have become the dominant force in federal election spending, spending over $119 million to influence the U.S. election outcome. According to a report by the non-profit organization Public Citizen, nearly half of all corporate money contributed to this year’s United States elections came from crypto backers, totaling $248 million. This makes the crypto…
Bitcoin (BTC) has entered another bear market, leaving many new investors reeling from sudden losses. After hitting an all-time high of $109,071 in January 2025, Bitcoin has since tumbled to around $80,000, a decline of nearly 25%. For many newcomers, this Bitcoin bear market has been their first real test in crypto investing, and those…
Enjoyed this article? Share it with your friends! The Australian Transaction Reports and Analysis Centre (AUSTRAC) has outlined a new strategy to tackle financial crime by naming cryptocurrency platforms among its highest priorities. The agency said it will direct more attention toward businesses where the risk of harm is greatest, especially those that enable fast,…
After losing more than 4% in the last week of the year, Gold (XAU/USD) gathered bullish momentum as trading conditions normalized. Although XAU/USD entered a consolidation phase following the rally seen earlier in the week, it managed to register weekly gains. December inflation data from the US and geopolitical developments could drive gold’s action in…
Federal prosecutors have filed charges against Adam Iza, also known as Ahmed Faiq or The Godfather, accusing him of orchestrating a scheme of fraud and bribery. Iza, the founder of the crypto trading platform Zort, allegedly evaded taxes, funneling millions of dollars through shell companies and using the funds to finance his lavish lifestyle. His purchases reportedly included high-end cars,…