Posts

Showing posts from February, 2025

R. Kiyosaki slams Bitcoin ETF as ‘bankster’s money’

Image
Renowned investor and author Robert Kiyosaki has expressed his distrust of Bitcoin Exchange-Traded Funds (ETFs), branding them as tools of the financial elite. The ‘Rich Dad Poor Dad’ author labeled the Bitcoin (BTC) investment product as “bankster’s money,” stressing that it undermines the cryptocurrency’s independent spirit, according to an X post on March 1. He grouped Bitcoin ETFs with gold and silver ETFs, dismissing them as extensions of the same alleged corrupt financial machine he has long criticized. As previously reported by Finbold, Kiyosaki had vowed not to invest in Bitcoin ETFs, terming them ‘fake. ’  Picks for you 2 cryptocurrencies with a 'weak' RSI status to buy this week 12 hours ago ChatGPT says XRP price ...

Vanar Chain partners up with Worldpay to promote Web3 payment innovation

Vanar Chain, the Layer-1 (L1) blockchain, has announced a new strategic partnership with Worldpay, a payments technology company, as reported to Finbold on Friday, February 28. The partnership is meant to drive innovation in Web3 payment solutions and, according to Vanar Chain CEO Jawad Ashraf, “bring blockchain technology to the forefront of global payments.”  In addition, BCW Group will provide the two parties with technical services for transaction validation as a partner for Web3, artificial intelligence (AI), and cloud infrastructure. Picks for you Bybit launches the AI-DOL SUPERSTAR: Battle for Debut AI accelerator program 1 hour ago 2 cryptocurrencies to reach a $25 billion market cap in March 15 hou...

FBI confirms North Korean 'TraderTraitor' to blame for $1.5 billion Bybit hack

The FBI has released a statement confirming that the Democratic People’s Republic of Korea (North Korea) was responsible for the biggest crypto hack ever that saw $1.5 billion drained from the Bybit exchange earlier this month. The statement, issued via the FBI’s Internet Crime Complaint Center, begins, “The Federal Bureau of Investigation (FBI) is releasing this PSA to advise the Democratic People’s Republic of Korea (North Korea) was responsible for the theft of approximately $1.5 billion USD in virtual assets from cryptocurrency exchange, Bybit, on or about February 21, 2025. “FBI refers to this specific North Korean malicious cyber activity as “TraderTraitor.” According to the statement, TraderTraitor actors have been rapidly converting the stolen assets to bitcoin and “other virtual assets,” via thousands of addresses and multiple blockchains. It adds that it expects these assets to eventually be converted to fi...

Quant Price Prediction: QUANT Surges 15%, But Investors Flock To This $6.8 Million AI Pepe ICO For Its 330% APY

Image
The Quant price surged over 15% in the last 24 hours to trade at $103.39 as of 10:45 p.m. EST as investors go long on the altcoin. With the recent pump, the QNT price was also able to push its weekly performance out of the red zone. As a result, the crypto is up over 9% on the 7-day time frame as well. Quant Price Breaks Out Above A Consolidation Zone 4-hour chart for QUANT/USD (Source: GeckoTerminal) The Quant price broke out above a consolidation zone between $91.59 and $100.40 in the last few hours, GeckoTerminal data shows. This was after the altcoin dropped below this range over the past 48 hours. Should bulls continue to buy into QNT, it might soar to the next major resistance level at $111.36. On the other hand, traders deciding to realize their profits from the recent surge could lead to the Quant price falling back within the consolidation channel. In an extreme bearish case, the crypto’s price might even drop to the support level at $83.86. Technicals Suggest Th...

Pi Network Price Prediction: PI Coin Defies The Crypto Crash With 2% Pump, But Experts Say This $23.4M ICO Might Be The Next Big Crypto

Image
The Pi Network price jumped over 2% in the last 24 hours to trade at $1.56 as of 6:14 a.m. EST. The rise in the PI price comes amid a broader crypto market crash that has seen the digital asset sector’s total capitalization plunge more than 8% over the past 24 hours. Pi Network Price In A Consolidation Channel 1-hour chart for PI/USDT (Source: TradingView ) The Pi Network price has entered into a consolidation channel between $1.4260 and $1.6950 over the past couple of days. This period of sideways trading could be the precursor to a strong move in the short term. Should traders identify PI’s current price as a buy opportunity, the Pi Network price might end up flipping the resistance level at $1.6950 into support. Thereafter, continued pressure from bulls could then lead to a climb to the subsequent resistance level at $1.9090. On the other hand, a bearish move might lead to the Pi Network price falling below the immediate support level at $1.4260. A drop to underne...

VeChain Adopts New Rewards Model: Will VET Hit $0.08?

Image
VeChain (VET) has introduced a new reward system in its ecosystem. The project has upgraded its tokenomics to incentivize user participation. The new model aims to reward early stakers as well. Users can also stake NFTs in the new model. Participants who help secure the network will receive protocol-level NFTs as incentives. Also Read: Nvidia Stock: ‘Golden Opportunity’ for Top Investors Ahead of NVDA Earnings Report VeChain Continues To Glow Red Source: Facts.net The cryptocurrency market continues its downward trajectory. Bitcoin (BTC) has fallen to the $95,000 price level. The global crypto market cap has dipped 3.7% in the last 24 hours to $3.25 trillion. VeChain (VET) has also experienced substantial losses. The asset is red across all time frames. Also Read: AI Predicts Ripple (XRP) Price For March 1st 2025 VeChain’s (VET) price has fallen 5.3% in the daily charts, 10% in the weekly charts, 8.6% in the 1-day charts, and 36.7% over the previous month. The asset has also dippe...

Dolce & Gabbana’s $1M Digital Suit Fractionalized as NFT

Image
The pioneering Dolce & Gabbana digital suit started a transformation of the luxury fashion NFTs through a groundbreaking fractionalization on the Ethereum’s Layer 2 Base network. This game-changing Glass Suit, snagged for $1 million about a year before, opens up some new & fresh possibilities in blockchain fashion investment. It brings digital fashion ownership to all fashion enthusiasts worldwide through Fermion Protocol’s innovative platform. Fermion Protocol: Roadmap 2025 Big things are coming for Fermion! Our founder @JBanon unveils Fermion’s 2025 roadmap, packed with critical milestones such as mainnet launch, partner launches, our TGE, agentic commerce capabilities, and new tokenized markets. Let’s dive in… pic.twitter.com/QXW1X9o9c7 — Fermion Protocol (@FermionProtocol) February 18, 2025 Also Read: A Hidden Fed Decision? Why XRP, XLM, and HBAR Could Be at the Center of It Own a Slice of Dolce & Gabbana: Fractionalized Luxury Fashion and NFTs Source: Fermion The...

Ethereum Price Prediction: ETH Surges 4% After $1.4B ETH Bybit Hack Likely By North Korea’s Lazarus Group, But Traders Buy This ICO For Free Bitcoin

Image
The Ethereum price has soared 4% in the last 24 hours to trade at $2,764 as of 7 p.m. EST on a 47% plunge in trading volume to $16.5 billion. This jump in the ETH price comes as investigators implicate North Korea’s notorious Lazarus Group in the staggering $1.4 billion Bybit hack. Likely Lazarus Group involvement has intensified discussions around crypto security, with many calling for stronger safeguards against such sophisticated threats. Lazarus Group just connected the Bybit hack to the Phemex hack directly on-chain commingling funds from the intial theft address for both incidents. Overlap address: 0x33d057af74779925c4b2e720a820387cb89f8f65 Bybit hack txns on Feb 22, 2025:… pic.twitter.com/dh2oHUBCvW — ZachXBT (@zachxbt) February 22, 2025 The breakthrough in the case was led by on-chain investigator ZachXBT, who provided blockchain evidence linking the attack to the state-sponsored hacking group. His findings earned him a $50,000 ARKM bounty for one of t...

Altcoins Primed for a Massive Pump From Current Level, According to Crypto Analyst – But There’s a Catch

Image
A widely followed cryptocurrency analyst and trader is leaning bullish on the altcoin market but with a caveat. The analyst pseudonymously known as Capo tells his 929,300 followers on the social media platform X that altcoins could go up by double-digit percentage points from the current level. “Expecting altcoins to pump 10%-20% from here. However, I believe this bounce is a bull trap because a big drop is likely to follow.” Source: Capo/X A bull trap is a move designed to lure in retail traders via a fake breakout but instead of continuing to rise, the asset abruptly reverses and moves sharply to the downside. According to the pseudonymous analyst, altcoins could bottom out and start a bull run once the potential downtrend is over. Based on Capo’s chart, it appears that Bitcoin (BTC) could simultaneously fall to a support zone between $79,000 and $86,000 before rallying to more than $112,000. Bitcoin is trading at $97,460 at time of writing. The...

Sky Mavis Launches NFT Trading Contest On The Ronin Network

Sky Mavis, the globally acknowledged technology company renowned for developing the famous Axie Infinity and Ronin blockchain network, has introduced a non-fungible token trading contest. The one-of-a-kind NFT trading contest aims to boost NFT trading sales volume in the Ronin NFT market. In this article, we shall explore the NFT contest in detail. Sky Mavis Launches An NFT Trading Contest In a February 21 blog post, the tech firm Sky Mavis, through its Ronin X account, confirmed that it had launched a non-fungible token trading contest. The NFT trading contest is open to anyone with a Ronin crypto Wallet from February 10, 2025, 8:00 AM EST to March 10, 2025, 8:00 AM EST. The NFT trading contest offers users an exclusive chance to trade their favourite NFTs and earn incredible rewards. The company has set aside $100,000 for this NFT trading contest. ICYMI: You can trade Ronin NFTs & earn rewards! The NFT Trading Contest is open to anyone with a Ronin Wallet from February 10th ...

Bitcoin (BTC) Set to Hit $200K in 2025, Anthony Scaramucci

Image
The world’s largest cryptocurrency, Bitcoin (BTC), has been on a rollercoaster lately. The asset has witnessed several highs and lows throughout the past year. Over the last 12 months, BTC has surged by nearly 100%. Bitcoin went from trading at a low of $49,121.24 to a high of $109,114.88. Even though BTC dropped below $100,000, the asset could witness a massive uptick in the coming months. But Skybridge Capital’s founder, Anthony Scaramucci, restored hope to the BTC market. Also Read: 4 Altcoins Set to Dominate in the Bull Run’s Final Phase—Will You Invest? Here’s Bitcoin Is Set To Hit $200,000 Source: Watcher Guru According to Skybridge Capital CEO, the king coin is expected to reach $200,000 this year, and a possible U.S. reserve for the cryptocurrency is also imminent. He thinks BTC will hit $200,000 in 2025, which would represent “ a 100% return from where we are right now “. Scaramucci stressed in an interview with Saxo Bank that BTC would need to att...

Is It Too Late To Buy APT? Aptos Price Soars 17% And This Might Be The Next Crypto To Explode

Image
The Aptos price soared 17% in the last 24 hours to trade at $6.72 as of 12:38 a.m. EST on trading volume that skyrocketed 129% to $529 million. This rise in the APT price comes as the cryptocurrency market rebounded 1% to a $3.3 trillion market capitalization, according to Coingecko , with top tokens BTC and ETH registering respective 24-hour gains of 2% and over 1%. Aptos Price Shows A Potential Breakout Might Be On The Horizon The APT price has been in a downtrend since its peak in December, forming a descending wedge pattern. The Aptos price recently tested a key support level near $6.53 and showed a strong bounce, indicating potential buying interest at this level. Currently, APT is attempting to break out of the wedge, a move that could signal a trend reversal. A clear resistance level is marked around $14.89, a zone where previous price action faced rejection, according to GeckoTerminal data.  The 50-day Simple Moving Average (SMA) is at $7.71, acting as an immediate...