A Bank of America customer says the lender repeatedly denied reimbursement after thousands of dollars disappeared from his account in the middle of the night. In September of last year, $38,000 was stolen from an account that Justin Chan jointly held with his sister, reports the ABC-affiliated news station KGTV. The theft happened after a SIM-swapping attack, where a hacker managed to convince Xfinity Mobile to port Chan’s cellphone number to a new device. With access to two-factor verification codes, Chan says the hacker changed his login credentials and initiated three outgoing wire transfers. “All these instances occurred within a three-hour period starting at around 2:00am, 3:00am. It was very fast.” Chan reported the fraudulent incident to Bank of America, but says the lender refused to reimburse. “ Our investigation found the transaction in question was confirmed valid by you via (SMS/MMS) text message response or speaking directly with Fraud Detection Employee.” Bank of America later reopened an investigation in November but still denied Chan a refund. Chan also presented a letter to Bank of America from Xfinity Mobile saying that his phone number was “likely accessed by a third party as a result of fraudulent activity” but the lender did not respond. “ I didn’t think I would get the money back. It was a very tough situation to begin with. Bank of America was being difficult.” KGTV says things took a positive turn after the news team continued to press Bank of America on the matter. The lender reimbursed $20,000 and the trading platform Robinhood, where the remaining $18,000 had been sent, refunded the remaining funds. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bank of America Refuses To Reimburse Customer After $38,000 Disappears From Account: Report appeared first on The Daily Hodl .
Options exchange Deribit is latest company to look at building presence after president’s pledge to make US world’s ‘crypto capital’
The Bitcoin price has just printed a major bullish signal, officially confirming a strong local bottom and sparking renewed sentiment among analysts. This bullish shift comes after April closed in the green, reclaiming technical levels and signaling the potential for a significant move toward the six-figure price territory. Market expert Titan Of Crypto has announced on X (formerly Twitter) that Bitcoin has officially hit a local bottom. The analyst shared a chart showcasing that Bitcoin is flashing one of the strongest bullish signals. Bitcoin Price Establishes Solid Local Bottom According to the Ichimoku Cloud analysis, BTC’s price has closed firmly above the Tenkan (red line), Kijun (blue line), and Kimo cloud. All of these Ichimoku lines are sloping upwards, reinforcing that Bitcoin’s momentum and trend structure are aligned. Related Reading: Bitcoin Raging Bull Indicator Turns Back On, But This Level Holds The Key A close above the Tenkan signals short-term bullish momentum, while the Kijun confirms strength in a medium-trend. The thick Kimo cloud represents the most bullish configuration, indicating clear trend dominance. Furthermore, when Bitcoin closes above all Ichimoku lines, it establishes a dynamic support or resistance zone, validating the overall bullish structure. Adding more weight to this bullish signal, Titan of Crypto revealed that Bitcoin has reclaimed the April high, a key resistance level of around $95,173, which is now acting as a support area. The rectangular zone highlighted as “the local bottom” on the chart reflects price action between February and April 2025, where BTC formed a higher low above the Kijun. The bullish April monthly candle close above this zone officially establishes this region as a strong foundational support, which validates the possibility of a local bottom from a technical standpoint. With the local bottom confirmed and momentum on its side, Bitcoin could be headed to the next likely resistance area, marked on the chart as the “Next Point of Interest.” This area sits above the $110,000 region, near $115,000. For this bullish scenario to play out, BTC must maintain its position above the April high and the Kijun as dynamic support. Bulls will need to defend any retracements toward these zones to preserve momentum. Failure to do so could lead to a deeper correction, effectively invalidating the bullish outlook. BTC Price Action Looks Strong In a more recent X post, Titan of Crypto announced that Bitcoin is breaking out of a tight range and its price action looks strong. He shared an Ichimoku Cloud analysis of the cryptocurrency, showing a potential bullish breakout setup on the 1-day timeframe. Related Reading: Bitcoin Price Flashes Golden Cross That Only Happens Once Every Cycle, What To Expect Looking at the price chart, Bitcoin has been consolidating between $92,880 and $95,800 over the past several days, but momentum appears to be building for a potential breakout. A confirmed close above $95,800 would validate the breakout and open the door for a bullish continuation, with the price target set near $99,000. Featured image from Unsplash, chart from Tradingview.com
A new contender poised to disrupt the financial landscape, RCO Finance (RCOF) , has reached a significant milestone in its token presale, now backed by an elite venture capital (VC) firm. Currently in the sixth stage of a successful presale, RCO Finance has generated considerable excitement through the launch of innovative artificial intelligence (AI) products and features designed for both institutional and retail investors. Major Institutions Set To Join RCOF’s Token Presale A major venture capital firm has put $7.5 million into the platform, therefore enhancing its roadmap and upgrading the beta platform just revealed, providing early access to RCOF’s ecosystem before its scheduled launch later this year. $17 million have also been raised so far, attracting the attention of major institutions and suggesting that even more may join the token presale in the future, raising RCOF’s value and possible price. Traders on the beta platform will be in to boost profits, lower risks, and discover new opportunities across more than 100,000 assets in global markets using artificial intelligence technology, including its own Robo Advisor. Using a combination of artificial intelligence, creative features, and advanced trading tools, traders can significantly raise their winning rates and portfolios, which offers huge profit potential. The Power Of RCO Finance’s AI-Driven Robo Advisor Operating as an investment manager, the Robo Advisor personalizes trading and investing suggestions to users’ individual goals. It creates personalized investing strategies and modifies asset allocations based on machine learning algorithms. Its adaptability to changing market conditions—whether bullish or bearish—enables the platform to seize profitable opportunities and execute trades at the most advantageous moments. For instance, the Robo Advisor can predict trends, identify when a popular memecoin or cryptocurrency is likely to have significant price fluctuations, and then trade appropriately to maximize earnings. This means that only people engaged in the RCO Finance token presale will have the opportunity to benefit from these market insights going forward, with the potential to turn tiny investments into millions in record time. Potential 400% Returns Await Early Investors Aside from the Robo Advisor, the RCO Finance team has added several features to its token presale features. Among other asset classes—including crypto, stocks, bonds, and commodities—the recently launched AI-Powered Dashboard provides market transparency. An Instant Deposit System lets account financing directly from connected bank cards, while a Demo Trading Environment offers risk-free simulated trading across all asset classes. Through Telegram and X (formerly Twitter), users may also monitor their portfolio performance and get real-time notifications. When combined with the Robo Advisor, this creates the ideal setting for optimal transactions. These features have prompted analysts to optimize their projections for RCOF. Early backers are already enjoying returns of 1,000%, and experts predict that, once these products are fully launched and RCOF is listed on centralized exchanges (CEXs), the token’s value could surge from $0.13 to approximately $0.60, resulting in potential returns of nearly 400% for those who hold the altcoin for a brief period. Looking ahead, the RCO Finance team plans to unveil a new set of features in the second quarter of the year for its token presale participants, which, combined with institutional support, could further elevate these projections, offering even greater profit potential. Now’s The Time To Invest According to the platform’s token presale roadmap, users can anticipate the launch of AI-Powered Simulated Trading, which will enable demo users to compare manual trades against AI-executed strategies. A Demo Trading Leaderboard will rank the top 50 demo traders by profit rise, hence promoting competition and skill development. Users will be provided by In-Depth Trade Performance Analytics a whole package to review their trading history. Furthermore, Calendar-Based P/L Tracking would provide performance measurement across many timeframes; CRM Sync and User Behavior Tracking will enhance customised onboarding and participation. Moreover, the inclusion of an artificial intelligence trading indicator will provide real-time notifications for overbought or oversold conditions, so alerting users to unusual market trends. Given this, together with the robust tokenomics of the protocol intended to enhance incentives, accessibility, and discounts within the RCO Finance ecosystem, now is the time to engage in RCOF’s token presale. Apart from continuous smart contract audits for global compliance, this is a once-in-a-lifetime opportunity to ensure your financial future by simple registration in a know-your-customer (KYC)-free environment that respects privacy and security. Don’t miss this chance; buy RCOF tokens at a significant discount before they take off. For more information about the RCO Finance (RCOF) Presale: Visit RCO Finance Presale Join The RCO Finance Community Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post RCO Finance’s Token Presale Hits $7.5M Milestone, Here’s What Happens Next appeared first on Times Tabloid .
Visa’s newest card doesn’t need dollars to work!
Institutional capital is already fueling Bitcoin’s rise, with forecasts topping $700,000. Bitcoin’s halving cycle and global liquidity boost could drive price to $250,000. Bitcoin’s role as a decentralized refuge boosts long-term price forecasts. Bitcoin enters May 2025—a month closely watched for market direction—including a flurry of bold price predictions from top financial analysts. A growing consensus points to institutional capital not just arriving, but actively shaping Bitcoin’s trajectory for the remainder of the year. While specific price targets vary widely, the underlying theme is consistent: Bitcoin is becoming integrated into mainstream finance and could reach valuations previously thought unlikely. TOP-10 #Bitcoin price predictions in 2025 from top banks, funds, investors and investment managers. What is your prediction for $BTC this year? pic.twitter.com/0vqbPNfkyI — Carl Moon (@TheMoonCarl) May 2, 2025 Fund Managers Point to $250K-$700K Bitcoin in 2025 Standard Chartered bank projects Bitcoin could reach $200,000 by the end of 2025, driven by institutional demand for inflation hedges and as a store of value. Investment b… The post Bitcoin Forecast Models Set $250K as the May Target for 2025 Cycle appeared first on Coin Edition .
IRS announced the resignation of two key crypto-focused executives. Efforts continue to improve tax regulations and reporting for cryptocurrency assets. Continue Reading: IRS Faces Major Resignations and Crypto Tax Policy Shifts The post IRS Faces Major Resignations and Crypto Tax Policy Shifts appeared first on COINTURK NEWS .
In a significant development within the finance and cryptocurrency sector, Brown University has revealed its investment in BlackRock’s spot Bitcoin ETF. According to recent reports from The Block, the Ivy
On May 3rd, COINOTAG News reported significant activity in the cryptocurrency market, highlighting a notable transaction by prominent whale investor JamesWynnReal. This trader initiated a long position in Bitcoin (BTC)
Ripple released 1 billion XRP from escrow, sparking market discussions. XRP price ranges between $1.96 and $2.30, with key levels under observation. Continue Reading: Ripple Shakes Up XRP’s Regular Distribution Model The post Ripple Shakes Up XRP’s Regular Distribution Model appeared first on COINTURK NEWS .