Crypto prices are experiencing a rocky Monday due to poor U.S. macroeconomic data and rampant profit-taking. Bitcoin (BTC) has dropped 1.8% in …
Profit
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Finance
JPMorgan Chase, Bank of America, Citigroup and Wells Fargo Consolidate Power Over Banking Industry Amid Record Profit Share: Report
by shayaanby shayaanAmerica’s biggest banks are about to lock in their largest share of the banking industry’s profits in nearly ten years after an …
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Ethereum (ETH) is once again in the news, but this time it’s good news for buyers. Recent data shows that over 90% …
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Analysis
Over 90% of Ethereum Holders Are Now in Profit, Says Analytics Firm IntoTheBlock – Here’s What That Means
by shayaanby shayaanNew data from market analytics firm IntoTheBlock reveals that over 90% of Ethereum (ETH) holders are now in the green. In a …
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Analysis
Ancient Bitcoin Wallet Comes Alive After Lying Low for Over 13 Years, Moves $3,670,000 in BTC at 646,618% Profit
by shayaanby shayaanAn ancient Bitcoin (BTC) wallet suddenly sprung to life this week after 13 years of dormancy, according to the crypto tracker Lookonchain. …
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Smart Contracts
Trading Bot Uses $200M Flash Loan To Conduct Deals, Ends Up With Paltry $3 Profit
by shayaanby shayaanAn automated trading bot recently performed a complex series of transactions on the Ethereum ETH/USD blockchain. According to The Block, the transactions involved …
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Analysis
Donald Trump Wins U.S. Election, Polymarket Bettor Scores Massive $11M Profit
by shayaanby shayaanRepublican candidate Donald Trump has won the U.S. presidential election, securing a sweeping victory over Democratic candidate Kamala Harris. Trump amassed at …
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Markets
Qubetics and 2024’s Best Crypto to Buy for Profit: What Experts Are Watching
by shayaanby shayaanAs Bitcoin faces a significant market pullback with over $200 million in long positions liquidated and a potential dip to $66,000, cryptocurrency …
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Mining
Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan
by shayaanby shayaanDaily mining revenue and gross profit fell in October for the fourth month in a row, the report said. The bank noted …
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Adoption
Trump Election Bet Surges as Whale Invests $7.22M in ‘Yes’ Shares with $256K Profit
by shayaanby shayaanRecently, one of the largest investors in $USDC appeared in the news after placing a large bet on ‘Yes’ shares. It is …