In the world of economics, few events send ripples through global markets like the announcement of new tariffs. On April 2nd, 2023, President Donald Trump proclaimed “Liberation Day,” an ironic title for what turned out to be the beginning of a troubling trade war. The immediate aftermath reflected chaos—global stock markets plummeted as investors scrambled
Crypto
For those immersed in the cryptocurrency realm, it’s easy to get swept up in the bullish enthusiasm that often follows significant political events, such as the recent US elections. Many die-hard optimists have claimed we are in a prime bull market. Yet, a closer analysis reveals a more sobering scenario, especially when focusing on Ethereum
The crypto market is currently caught in a whirlwind of uncertainty, mainly due to the ripple effects emerging from President Donald Trump’s newly implemented global tariffs. Investors instinctively gravitated towards the safety of traditional assets like gold and silver, as exemplified by gold’s astonishing peak at $3,168. However, this immediate mass exodus from riskier assets
Amidst the booming world of cryptocurrency and Web3, TreasureNFT stood out by boldly promising investors eye-popping monthly returns of 30% through supposedly groundbreaking AI-based non-fungible token (NFT) trading. On the surface, this seemed like a golden opportunity; who wouldn’t want to cash in on such lucrative prospects? However, what many investors soon discovered was that
Modern cybercrime often operates under a cloak of sophistication, with malicious actors displaying cunning and technical prowess. Yet, the bizarre narrative surrounding the recent zkLend hack offers a strikingly ironic twist. On one hand, we see a criminal adept enough to exploit a blockchain protocol for $9.57 million; on the other, we witness this same
The recent fallout involving Amber Bella, the former Chief Marketing Officer of Blade of God X (BoGX), paints a grim picture of mismanagement, ethical breaches, and the ultimate failure of leadership in the burgeoning blockchain gaming sector. Bella’s series of tweets not only exposed her personal grievances but also acted as a cautionary tale for
The turbulent journey of FTX epitomizes the chaotic nature of the cryptocurrency landscape. Once a leader in the industry, FTX has become a cautionary tale for investors and stakeholders alike. The recent announcement that FTX plans to pay its major creditors starting in 2025 with $11.4 billion in assets could evoke mixed emotions. On one
Bitcoin’s recent performance has raised eyebrows among investors and traders alike. After a momentary surge above the 100-day moving average, the cryptocurrency faced a sharp rejection, indicating that the bullish momentum is all but absent. This false breakout signals not only a frailty in market sentiment but also a growing concern for the future trajectory
Ethereum (ETH) has rapidly devolved from a beacon of innovation within the cryptocurrency world to what some are calling a “financial zombie.” The rhetoric surrounding ETH’s viability as an investment has grown increasingly critical, with prominent voices like Quinn Thompson labeling it “completely dead.” At the crux of this disillusionment is a stark decline in
In the world of cryptocurrency, resilience is a prized trait, but HyperLiquid’s recent risk management struggle has unveiled a shocking vulnerability that even the most astute traders must grapple with. The significant incident surrounding the Hyperliquidity Provider (HLP) vault and its JELLY perpetual contracts exhibits the perilous nature of trading in volatile markets. This incident
