In a recent forecast, ChatGPT predicts that Shiba Inu (SHIB), the popular meme token, could reach $1 per token within the next 5-10 years. This projection has caught the attention of crypto enthusiasts and investors alike. While it may sound extraordinary, a $1 value for SHIB would result in gains of approximately 125,000x for current
Solana’s native token, SOL, has experienced heavy losses in the past few days amid the recent downtrend in the crypto market. However, there seems to be a glimmer of hope as the token’s price moves on the daily chart showed the formation of a green candlestick yesterday after a series of vivid red ones. Over
Binance, one of the world’s largest cryptocurrency exchanges, has reportedly renamed sanctioned Russian banks on its peer-to-peer (P2P) platform in order to allow them to continue their operations. This revelation was brought to light by local media RBC-Crypto, raising questions about Binance’s compliance with global sanctions. Through Binance’s P2P services, users are able to trade
The U.K. Treasury Fraud Strategy, introduced in May, aims to crack down on fraudulent activities in the country. As part of this strategy, U.K. regulators are now seeking to ban cold calls for consumer financial services. The crypto sector is likely to be one of the industries affected by this proposed ban. A consultation paper,
Bitstamp, a global cryptocurrency exchange, has recently made the decision to terminate its Ethereum staking service for users in the United States. The exchange has set a deadline of September 25 for users to earn rewards on their staked assets, after which the tokens will be returned to their accounts. This move comes as a
The U.S. Securities and Exchange Commission (SEC) recently filed charges against John DeSalvo, the mastermind behind Blazar Token, a minor cryptocurrency. DeSalvo managed to raise a significant amount of money from investors before the collapse of the token. This article delves into the details of DeSalvo’s fraudulent scheme, how he targeted specific individuals, and the
The Kenyan government has recently established a committee to investigate the activities of American-based cryptocurrency firm, Worldcoin. This decision comes as the company’s collection of biometric data fails to comply with Kenya’s data privacy laws, raising concerns about security risks and potential health hazards. The committee, consisting of 17 members, has been given a limited
The advancement of technology has revolutionized the way investors engage with financial markets. Among the latest innovations, AI-driven platforms have garnered significant attention. One such platform making waves in the industry is yPredict. With a recent funding of $3.56 million, yPredict aims to deliver an array of trading features enhanced with AI analytics, catering to
The world of cryptocurrency exchanges is constantly evolving, driven by regulatory pressures and the dynamic nature of the industry. Binance.US, one of the leading players in the market, has recently made a bold move by transitioning to a crypto-only exchange. In a strategic response to banking partners suspending USD channels following a lawsuit by the
In the rapidly expanding world of cryptocurrency trading, more and more individuals are seeking accurate insights and predictions to make informed decisions. This is where the power of artificial intelligence (AI) comes into play. By analyzing vast amounts of data, AI offers traders better crypto signals, revolutionizing the way we approach trading. Recently, yPredict, an
