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Russia to Seize $440 Million from JPMorgan

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Russia is set to seize $440 million from the largest United States bank, JPMorgan . Specifically, a Russia n court ordered the seizure after a lawsuit from lender VTB. The lawsuit was filed in order to recover losses connected to the US-based bank. The court has reportedly ordered the complete seizure of all funds that JPMorgan holds in the country. However, they will not seek the confiscation of securities or property. Moreover, Moscow’s decision took place after the US Senate passed legislation sending seized Russian assets to Ukraine as part of its $95 million security assistance package. JUST IN: Russia to seize $440 million from JPMorgan. — Watcher.Guru (@WatcherGuru) April 24, 2024 Also Read: BRICS: JP Morgan Issues Major US Financial Warning Russian Court to Seize $440 Million From JPMorgan Since the invasion of Ukraine first took place in early 2022, the United States and Russia have been firmly in opposition. The situation led to sanctions b...

From Stocks to Staking Crypto: How to Diversify Your Trading Portfolio for Increased Returns

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Trading can be a great way to make money , but for many, it still seems very daunting. This is because it can also be a way to lose money if you don't take the right approach. New traders make plenty of mistakes, so you need to go in with the right knowledge if you want to maximize your profits. One of the key things that any experienced trader will tell you is that you should diversify your trading portfolio. These days, a lot of traders are adding crypto to their portfolios due to the potential it has. Let's take a look at how this could help you reach your goals.   Understanding Portfolio Diversification Diversification involves spreading your trades across different assets and different asset classes. For example, you could invest in stocks, bonds, crypto, real estate, and more. The overall purpose here is to reduce risk. If a single asset class loses value, your overall portfolio value won't be hit too hard. Benefits of Diversifying Your Trading Portfoli...

Tesla Says None of their $711 Million Bitcoin Was Sold in Q1 2024

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Tesla, one of the leading automotive and clean energy companies owned by Elon Musk , announced today that none of their $711,050,000 Bitcoin (BTC) was sold in the first quarter of 2024. The company did not buy or sell any of its Bitcoin, according to its Q1 update. JUST IN: Tesla $TSLA reveals none of their $711,050,000 worth of #Bitcoin was sold in Q1 2024. — Watcher.Guru (@WatcherGuru) April 23, 2024 Tesla made no mention of Bitcoin buying or selling activity in its latest earnings report. Before the earnings report was announced, it was known that Tesla had 9,720 BTC. It’s the seventh straight quarter of no sales for Tesla’s Bitcoin pile. Fortunately, the value of their Bitcoin has risen substantially in the past quarter, largely due to Spot Bitcoin ETF approval. Furthermore, Tesla’s stash of BTC might climb more in value as the asset rises over the next weeks following the Halving event. The company continues to cling to its substantial Bitcoin investment, e...

Akash Network and BITGTIME surge after Upbit lists tokens

Akash Network and BITGTIME surge after listing on Korea-based Upbit Akash Network (AKT) and Big Time (BIGTIME) are leading the crypt o market in gains today amid news of respective token s listing on the largest exchange in South Korea. Per data from CoinGecko, Akash Network changed hands at highs of $6.74 earlier in the day, up by more than 47% in the past 24 hours. The sharp spike in AKT price saw it rise from lows of $4.01 and volume rose more than 1,750% to $71 million. Meanwhile, Big Time’s price rose more than 26% to above $0.25 on Tuesday, with price up from lows of $0.19. The 24-hour trading volume for BIGTIME was also up 605% to more than $71 million. Akash Network and BIGTIME surge on Upbit listing On Tuesday, Upbit, which is the largest crypt o exchange in South Korea by volume, announced trading support for artificial intelligence related Akash Network and gaming token BIGTIME. The exchange, which commands huge trading volumes in South Ko...

CEO Throws Cold Water On May Ethereum ETF Approval – Impact On Price

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The much-anticipated arrival of spot Ethereum exchange-traded funds (ETFs) in the US seems to be hitting a snag. Industry leaders are voicing growing concerns about the likelihood of securing regulatory approval from the Securities and Exchange Commission (SEC), with a deafening silence from the agency fueling anxieties. Related Reading: Bitcoin Below $70,000: Is $80K Still Possible, Or Is The Rally Over? Jan van Eck, CEO of investment firm VanEck, recently cast a shadow of doubt on the possibility of SEC approval for spot Ether ETFs in May. In a CNBC interview, van Eck expressed his belief that their application would likely be rejected, citing a complete lack of communication from the regulatory body. This sentiment finds an echo in the words of Eric Balchunas, a Senior Bloomberg ETF analyst, who has significantly downgraded his odds of approval to a mere 35%. Balchunas attributes this pessimism to the ongoing “radio silence” between the SEC...

Weekly Cryptocurrency Market Analysis: Altcoins Are In Free Fall After Losing Previous Gains

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Apr 22, 2024 at 20:40 // Price Author Coin Idol Following Bitcoin's fall to new lows, the cryptocurrencies with the lowest performance have been hit the hardest. Prior to the current rally, the cryptocurrencies listed below fell significantly, revisiting previous lows. ORDI The price of ORDI (ORDI) is in a bull market but is trading in a sideways pattern. Price action is dominated by doji candlesticks, causing the altcoin to resume its rangebound movement. Since January 2, 2024, the altcoin has been fluctuating below the $90 overhead resistance. ORDI has...

Interpreting the underlying design mechanisms and limitations of the Runes protocol

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Author: 十四君 Source: https://mp.weixin.qq.com/s/EN8ZdiomQVUQ4WBRZ4GqKA What is Runes? In the past year, the biggest narrative in web3 has been the explosion of the inscription ecosystem, starting with Ordinals, a technology that assigns unique serial numbers to every sat on bitcoin network. Its core founder, Casey, submitted the basic version of the Runes code in September last year, but it has not been officially launched on the mainnet, so during the inscription craze in September, projects like runeAlpha forked the code in advance and independently launched protocols like RunesAlpha. Although there have been allegations of plagiarism, the market cap growth of several hundred million in just a few months also demonstrates the infinite potential of the Runes protocol. So, the official version of Runes protocol, designed by Casey, the founder of the Ordinals protocol, will also be officially announced around April 20, 2024. And it will directly go online on the btc mainnet, so projects ...

US economist explains why Bitcoin is a ‘failure’

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Not long after one of the most important events in the cryptocurrency industry – the Bitcoin (BTC) halving – took place, American economist and gold enthusiast Peter Schiff continued to criticize the flagship decentralized finance (DeFi) asset’s ability to function as a digital currency. As it happens, Schiff said that the “cost to complete a Bitcoin transaction is now $128, and it takes a half hour to process,” later adding that this period had increased to “over an hour,” making the maiden crypto asset unsuitable to act as a digital currency and a “ failure ,” in his X post on April 22. The cost to complete a #Bitcoin transaction is now $128 and it takes a half hour to process. This is another reason why Bitcoin can't function as a digital currency. The cost to actually use Bitcoin as a currency is prohibitively high for almost all transactions. It's a failure . — Peter Schiff (@PeterSchiff) April 22, 2024 Schiff’s Bitcoin vs. gold argument Although...

Solana Price Prediction for Today, April 20 – SOL Technical Analysis

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According to the daily, the Solana price prediction shows that SOL is yet to climb above the 9-day and 21-day moving averages. Solana (SOL) Hits $145: Is it a Buying Opportunity Ahead of Bitcoin Halving? Solana (SOL) has surged by 10%, reclaiming $140 on April 17th, following a drop to as low as $126 on Tuesday. Key market leverage data indicates that optimism among Solana investors is at its lowest point in 5 months. Are these conditions presenting a buying opportunity for new investors, or is there a risk of SOL’s price plummeting below $100 for the first time since January 2024? Solana Price Statistics Data: Solana price now – $142.64 Solana market cap – $63.6 billion Solana circulating supply – 446.8 million Solana total supply – 574.2 million Solana Coinmarketcap ranking – #5 SOL/USD Market Key Levels: Resistance levels: $200, $220, $240 Support levels: $70, $50, $30 SOLUSD – Daily Chart SOL/USD is ranging as the coin strugg...

Dogwifhat Price Prediction: WIF Is The Top Gainer With A 20% Pump As Traders Stock Up On This Solana Rival With Only 9 Days Left

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The Dogwifhat price has surged 20% in the last 24 hours to trade at $2.91 as of 7:30 a.m. EST on a 36% jump in trading volume to $833 million. WIF has also emerged as the top performer among the top 100 cryptos by market capitalization, according to CoinMarketCap.  Dogwifhat Price Forms A Double Bottom Pattern Dogwifhat’s price seems poised for a bull rally as the bulls seek a rebound on the support zone forming a double-bottom pattern which signals a bullish trend reversal. WIFUSDT Analysis . Source: Tradingview.com WIF’s price has dropped from its peak of $4.84 to around $2.32, where it’s maintaining stability. Bulls are showing signs of resilience to turn things around, but the recent downtrend has been quite strong, with bears exerting pressure to push the price down again. WIF is showing signs of recovery, bouncing back from a double bottom pattern. It’s currently trading just above the 50 Simple Moving Average (SMA). If the momentum continues ...