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Bank of America’s latest buy and hold stock picks include Nvidia, Palantir, and Robinhood, highlighting their strong growth potential through year-end 2025 despite elevated market valuations. These selections emphasize AI innovation, expanding customer bases, and operational execution in key sectors. Nvidia leads as the top AI chip provider with robust demand and over 40% earnings […]
Ethereum’s recent 14% rally from $2,623 has hit resistance at $3,063, showing whale accumulation by large holders while smaller cohorts sell. Breaking this level could target $3,400, supported by intact weekly uptrends and ETF inflows. Ethereum rallied 14% since November 21 low at $2,623, facing key resistance at $3,063. Whale holders (10k-100k ETH) have accumulated […]
Bitcoin’s price has fallen 28% from its October all-time high of $126,000, now trading around $91,000, marking its worst monthly drop since June 2022. Key factors include massive ETF outflows, declining stablecoin issuance, and sales by long-term holders, amid anticipation for the December 9 FOMC meeting. ETF Outflows Surge: Over $3.5 billion exited Bitcoin ETFs […]
Hyderabad cybercrime police arrested two suspects in a crypto investment scam that defrauded a resident of Rs. 12.3 lakh. The fraudsters posed as investment advisors under fake firms like Flames Alliance, using manipulated platforms to lure victims with promises of high returns. Arrests in Navi Mumbai: Two men from Vash, Navi Mumbai, identified as Ravi […]
North Korea has been accused of using banned Nvidia GPUs, such as the GeForce RTX 2700, to advance its AI research and bolster cyber activities, including cryptocurrency theft. This development raises concerns about enhanced efficiency in illicit digital asset operations despite international export restrictions. North Korea’s AI focus spans nearly 30 years, emphasizing pattern recognition […]
Donald Trump has signaled his preferred candidate for the next Federal Reserve chair, with economist Kevin Hassett emerging as a leading option amid ongoing interviews. This selection could influence interest rate policies, potentially leading to deeper cuts that benefit cryptocurrency markets by easing monetary conditions and stimulating investment flows. Trump’s urgency to replace Jerome Powell […]
Bitcoin faces an identity crisis as exchange-traded funds (ETFs) surge in popularity, leading to declining self-custody rates among holders. This shift challenges Bitcoin’s core principles of personal sovereignty and financial privacy, with institutional adoption prioritizing convenience over direct control. Self-custody as a fundamental right: SEC Commissioner Hester Peirce emphasizes that controlling one’s own assets is […]
BlackRock’s Bitcoin ETFs have become the firm’s most profitable business line, surpassing traditional products and generating record fees from institutional demand. With over $70 billion in assets for the iShares Bitcoin Trust (IBIT), they now hold more than 3% of Bitcoin’s total supply, marking a historic shift in asset management. BlackRock Bitcoin ETFs lead profitability: […]
Indian police in Cyberabad have dismantled a sophisticated fraud ring that impersonated Australians using trained accents to scam victims worldwide, routing stolen funds through digital assets. The operation, uncovered in a recent raid, involved fake tech support calls leading to unauthorized bank transfers and cryptocurrency laundering, with arrests of nine suspects but two kingpins at […]