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Bitcoin
US Lawmaker: Crypto Is Not the Problem, Bad Actors That Exist in Every Industry Are
U.S. Senator Cynthia Lummis has defended crypto against claims that the asset class is heavily used in illicit finance. Emphasizing that “Crypto is not the problem, bad actors that exist in every industry are,” the lawmaker…
US Government Remains Hostile Toward Crypto Despite Ripple’s SEC Win, Says CEO
Ripple’s CEO says the U.S. government is still hostile toward crypto despite the cryptocurrency firm’s victory against the U.S. Securities and Exchange Commission (SEC). “Until that changes, the banks in the United States are not…
Rich Dad Poor Dad Author Robert Kiyosaki Reveals Why He Keeps Buying Bitcoin
Robert Kiyosaki, the author of best selling book Rich Dad Poor Dad, has revealed why he keeps buying gold, silver, and bitcoin. “Our leaders want more war and poverty,” he stressed, noting that the three investment types…
Economist Peter Schiff: Complete Separation of US-China Economies Would Be ‘a Disaster for America’
Economist Peter Schiff has warned that a complete separation of the Chinese and U.S. economies would be “a disaster for America, but a boon for China.” He explained: “Americans would be stuck with fewer goods and higher prices, while…
Solana’s Rally Hits 184% Gain in 30 Days as $19M in SOL Shorts Liquidate in 24 Hours
This weekend, the crypto community’s buzz centered on solana (SOL) and its notable surge in value against the U.S. dollar over the previous week. SOL has posted an 11% gain in the last 24 hours, with a striking 45.2% uptick over the…
Arthur Hayes Insists Bitcoin Has ‘Proven to Outperform Bonds During Times of War’
In an environment of surging U.S. deficits and monetary easing, former Bitmex CEO Arthur Hayes delivered a critical review this week of Treasury Secretary Janet Yellen’s fiscal and monetary strategies. Hayes highlighted the…
Moody’s Downgrades US Credit Rating to ‘Negative’ on Fiscal Deficits and Debt Concerns
The credit agency Moody’s has revised the United States credit outlook to “negative” from “stable” due to concerns over persistent large fiscal deficits and diminishing debt affordability. The announcement…
Gamefi Tokens’ Valuation Swells by $4.5 Billion, Eclipsing AI Crypto Sector’s Growth
Over the last month, the crypto market has seen appreciable gains, reaching a valuation of $1.4 trillion. Certain areas, however, have registered more pronounced increases against the U.S. dollar. Data reveals that the top gaming tokens…
Weekly Market Recap: Crypto Economy Surges to $1.4T as FTT and ORDI Outshine the Rest
This week, the crypto economy climbed to the $1.4 trillion range as dozens of virtual assets witnessed gains. From November 4 to Saturday, November 11, 2023, several crypto assets recorded triple-digit weekly gains, and a great deal…
European Union Finalizes Digital ID Wallet Agreement, Hints at Digital Euro Integration
The European Parliament and the Council of the European Union (EU) have finalized the agreement that will allow the implementation of a continent-wide digital ID wallet program. The agreement, which needs to be ratified at the parliamentary…