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Venezuela: The Highest Inflation Rate at 360% According to the International Monetary Fund (IMF), Venezuela is currently experiencing the highest inflation rate in the world at a staggering 360%. The Venezuelan bolivar has been consistently struggling against diminishing purchasing power, making it difficult for the citizens to afford goods and services. Zimbabwe: Triple-Digit Inflation at […]

Chainlink (LINK) Chainlink (LINK) saw significant gains as it rose by as much as 7% in today's session, reaching a high of $11.59. This comes after a previous low of $10.80 and brings the price closer to the recent 18-month high of $11.78 achieved earlier in the week. The relative strength index (RSI) is currently

XRP Continues to Rise, Reaching 4-Day High XRP, formerly known as Ripple, experienced a significant increase in value on Tuesday, marking its fourth consecutive day of gains. This rise in XRP's price coincided with the overall bullish sentiment in the cryptocurrency market. The global crypto market cap has increased by nearly 10% at the time

Sam Bankman-Fried's Decision to Testify Former FTX chief Sam Bankman-Fried, popularly known as SBF, is set to testify in his ongoing trial. This decision was confirmed by his defense lawyer, Mark Cohen. Bankman-Fried's choice to take the witness stand comes after several witnesses have spoken against him in recent weeks. Facing Accusations: Bankman-Fried Asserts His

On Monday, Dogecoin (DOGE) and Polygon (MATIC) experienced significant gains, reflecting the overall positive sentiment in the cryptocurrency market. While global stock indices faced a decline, the global market cap for crypto rose by 2.34% at the time of writing. Dogecoin (DOGE): A Notable Gainer DOGE made impressive gains on Monday, surpassing a crucial resistance

The Importance of Bitcoin in Protecting Against Inflation Mexican billionaire Ricardo Salinas believes that bitcoin can serve as a safeguard against inflation. He argues that people's savings are being eroded without their consent or knowledge due to the devaluation of currency. Salinas emphasizes that the debasement of currency is a tactic employed by fraudsters to

Introduction An onchain analyst, Zachxbt, recently discovered that 4,800 bitcoins that were stolen from the now-defunct darknet marketplace Abraxas have been transferred to a bitcoin mixing service. Abraxas exit scammed in November 2015 after less than a year of operation, and the stolen bitcoins had remained untouched since then. Bitcoin Movement and Consolidation Zachxbt reported

Former General Counsel Shocked by Secret Transfers Can Sun, the former general counsel of FTX, testified in federal court on Thursday, revealing his shock at discovering that FTX founder, Sam Bankman-Fried (SBF), had secretly transferred billions of dollars in customer funds to his hedge fund, Alameda Research. Sun told prosecutors that he resigned from his

Economist Peter Schiff Raises Concerns over Inflation, Recession, and Depression Economist and gold bug Peter Schiff recently took to social media platform X to issue a series of warnings about the U.S. economy and the U.S. dollar. He emphasized that the ongoing financial and economic crisis, which has been long overdue, is now unfolding before

The world of cryptocurrencies experienced a considerable upturn recently, with Bitcoin reaching a three-month high and Ethereum also showing significant progress. The substantial surge in these cryptocurrencies has been attributed to the growing market optimism about the potential approval of several spot bitcoin ETFs by the Securities and Exchange Commission (SEC). Let's take an in-depth