Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning that the U.S. economy is currently in a depression. He points to the subpar economic growth, with a 3.4% increase in GDP for Q4 2023 and a 1.6% rise in Q1 2024 as clear indicators. Kiyosaki asserts that a soft landing for the […] Source CryptoX Portal
Slowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim’s wallet. The con artists coax victims into changing their Ethereum RPC URL to one they control, making it appear as though USDT funds were deposited, only […] Source CryptoX Portal
In a notable development, the U.S. Department of Justice (DOJ) has countered a motion to dismiss the criminal charges against Roman Semenov, a developer of the cryptocurrency mixing service Tornado Cash, highlighting the alleged strength of its case in a recent court submission. Prosecutors Assert Strong Evidence Is Coming in Tornado Cash Laundering Case The […] Source CryptoX Portal
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors are shifting their focus from established giants like Ethereum and Bonk to promising newcomers like InQubeta (QUBE) for potentially huge gains. Established cryptocurrencies became popular for a reason: previous growth. Consequently, the implication is that they have limited upside potential compared to new altcoins. As a result, in their quest for gains, investors have been looking beyond Ethereum (ETH) and Bonk (BONK) to InQubeta (QUBE), a newly launched…
In a decisive move, Zksnacks announced on Saturday that it will block all U.S. residents and citizens from accessing its bitcoin mixer, Wasabi Wallet. This policy change comes as U.S. authorities intensify their crackdown on unregulated crypto activities, spotlighting the recent indictment of Samourai Wallet founders. Wasabi Wallet Withdraws from U.S. Market to Avoid Regulatory […] Source CryptoX Portal
The bullish predictions for the XRP price are back, even with the bulls struggling to push the crypto on a price surge. EGRAG, a cryptocurrency expert, has made one of these positive forecasts, which is that there will be a price spike of tremendous magnitude. According to the analyst’s recent post on social media, XRP could reach the $4 price level over the long term. Crypto Analyst Predicts 700% Bullish XRP Price Action XRP has experienced a small decline in value over the past few days as the entire crypto…
Asset management firm Franklin Templeton has launched its Ethereum exchange-traded fund (ETF), dubbed the “Franklin Ethereum TR Ethereum ETF,” with the ticker code EZET. The spot Ethereum ETF has been listed on the Depository Trust and Clearing Corporation website, a significant platform for securities transactions in the United States. The listing on the DTCC’s “Create/Redeem” column indicates that the ETF is now available for creation and redemption, signaling a significant step in its operational rollout. Franklin Templeton’s Ethereum spot ETF is now listed on DTCC | Source: DTCC The listing…
Phoenix Wallet, a Bitcoin (BTC) wallet designed for Lightning payments, has announced that it will stop serving U.S. residents on May 3. ACINQ, the company behind Phoenix Wallet, plans to remove the app from U.S. app stores, meaning users in the U.S. will no longer be able to access it from the said date. On May 3rd, 2024, @PhoenixWallet will be removed from US app stores. Users from the US should empty their wallet:– Settings > Close channels (Android)– Settings > Drain wallet (iOS) We highly recommend *not force-closing* channels,…
Crypto expert Peter Brandt has boldly claimed that the Bitcoin top for this market cycle may already be in. He made this conclusion based on his “exponential decay” thesis, which he noted may actually be good for the Bitcoin ecosystem. Why Bitcoin’s Price Has Topped Brandt explained that historical data suggests that Bitcoin’s price has topped. He further alluded to an “exponential decay,” which he noted could be used to describe Bitcoin. Brandt’s exponential decay thesis is based on the fact that Bitcoin’s percentage gain has significantly reduced in every…
According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices of application-specific integrated circuit (ASIC) bitcoin mining rigs, highlighting […] Original