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Hong Kong Seeks Crypto Hub Status With Tax Breaks
29.11.2024
Hong Kong is proposing tax breaks for hedge funds, private equity funds, and wealthy individuals investing in cryptocurrencies. Hong Kong and Singapore Vie for Top Financial Hub Spot Hong Kong authorities have reportedly proposed exempting hedge funds, private equity funds, and wealthy individuals...
Historic Win For Crypto: Court Strikes Down Treasury’s Overreach
29.11.2024
Coinbase’s legal chief has declared a historic win as the Fifth Circuit Court ruled Treasury’s Tornado Cash sanctions unlawful, a bullish moment for crypto privacy. A Historic Victory for Crypto Privacy and the Defense Of Liberty The Fifth Circuit Court has ruled that the U.S....
The Unstoppable Rise of Stablecoins: A 319% Boom Since 2021
28.11.2024
The stablecoin economy has grown substantially, surpassing its previous peak recorded just before Terra’s stablecoin collapsed in May 2022. Stablecoin Market Sees Triple-Digit Growth as Tether’s Market Cap Hits $132B Data reveals that the crypto economy is currently valued at $3.33...
Sky Mavis, Creator of Web3 Game Axie Infinity, Cuts Workforce by 21%
27.11.2024
Sky Mavis, the company behind Axie Infinity, is laying off 21% of its workforce as part of a strategic refocus. Laid-off Workers to Receive Job Placement Assistance Sky Mavis, the blockchain startup behind Axie Infinity, announced plans to lay off about 50 employees, or 21% of its workforce....
Rumble Unveils $20M Bitcoin Treasury Strategy — CEO Sees ‘a New Era’
27.11.2024
Rumble has committed up to $20 million in bitcoin as a treasury asset, citing its potential as an inflation hedge and key to strategic expansion in the digital economy. Rumble Adopts Bitcoin as Treasury Asset in Strategic Shift Rumble, a video-sharing and cloud services platform, has taken a bold...
Peter Schiff Claims Bitcoin Superpower Status Will Make America weaker
26.11.2024
Peter Schiff ignites outrage by claiming that the U.S. becoming a bitcoin superpower would weaken the nation, clashing with crypto advocates championing it as an economic game-changer. Peter Schiff Faces Crypto Uproar Over Bitcoin Superpower Weakness Assertion Economist and outspoken bitcoin critic...
Asset Managers Weigh in on US Bitcoin Reserve Debate
26.11.2024
Asset managers have weighed in on Trump’s proposed U.S. bitcoin reserve, reflecting divisions over digital assets in national economic strategy. Asset Managers Divided Over Bitcoin Reserve in Nation’s Bold Strategy Discussions about establishing a U.S. strategic bitcoin reserve have...
Michael Saylor Pushes Strategic Bitcoin Reserve Citing America’s Historic Acquisitions
26.11.2024
Michael Saylor advocates for a strategic bitcoin reserve, highlighting its potential transformative impact through historic U.S. investments, such as Manhattan and California acquisitions. Strategic Bitcoin Reserve: Michael Saylor’s Vision for America’s Digital Future Michael Saylor, executive...
Ripple Unveils First Tokenized Money Market Fund on XRP Ledger
26.11.2024
Ripple advances tokenized finance with the first money market fund on XRP Ledger, redefining efficiency in real-world asset tokenization and institutional Defi. Ripple Unlocks New Era of Tokenized Funds on XRP Ledger Ripple announced Monday that Archax, a Financial Conduct Authority (FCA)-regulated...
China Unearths Massive Gold Veins That Could Reshape Global Markets
25.11.2024
A major gold discovery in China’s Hunan Province, valued at $83 billion and containing over 40 gold veins, is anticipated to influence global markets significantly. Gold Veins Unearthed in China Could Transform Global Markets A vast gold deposit with reserves exceeding 1,000 tonnes has been...
JPMorgan Casts Doubt on Elon Musk’s D.O.G.E. Pursuit of Federal Reform
25.11.2024
JPMorgan has warned the Elon Musk-led Department of Government Efficiency (DOGE) will face significant hurdles, citing Congress’ control over spending. Elon Musk’s DOGE Sparks Debate as JPMorgan Casts Doubt on Its Feasibility JPMorgan Chase released a report on Nov. 22, evaluating the newly formed...
Ron Paul Keen to Restore ‘Sanity’ With Musk in Trump’s Government Efficiency Drive
24.11.2024
As President-elect Donald Trump assembles his transition team, much attention is swirling around the newly established Department of Government Efficiency, or D.O.G.E. Pro-freedom advocate and former congressman Ron Paul recently shared that Elon Musk had approached him for help with D.O.G.E. Paul...
Flat Tax Frenzy: Americans Debate Tax Code Overhaul on X
24.11.2024
Conversations about adopting a flat tax in the United States are lighting up the social media platform X. 16 Million Words Too Many? Department of Government Efficiency Sparks Flat Tax Debate The debate hit a fever pitch after the Department of Government Efficiency (DOGE), spearheaded by prominent...
Trump Picks ‘Most Pro-Crypto’ Treasury Secretary: Ripple CEO Declares Him the Perfect Choice
24.11.2024
President-elect Donald Trump has picked Scott Bessent as the new Treasury Secretary. Ripple’s CEO called him “the perfect pick” for advancing crypto and innovation. ‘He Will Be the Most Pro-Innovation, Pro-Crypto Treasury Secretary We’ve Ever Seen’...
Vaneck Analysts Forecast Bitcoin’s Path to $180,000 Amid Regulatory Shift
23.11.2024
Vaneck analysts Nathan Frankovitz and Matthew Sigel believe bitcoin’s price surge to record highs reflects a transformative moment for the digital asset, with a potential cycle target of $180,000 driven by favorable U.S. regulatory developments. Bitcoin Rallies on Regulatory Optimism, Vaneck...
Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny
23.11.2024
With bitcoin reaching unprecedented heights, critics have come out in full force, dusting off age-old arguments. The tired accusations resurface: calling it a pyramid scheme, claiming it’s worthless because it isn’t physical, or likening it to the infamous Tulip mania. These overused...
SEC Unveils Plan to Compensate Investors in Mila Kunis’ Stoner Cats
23.11.2024
The SEC seeks to compensate investors in Mila Kunis-backed Stoner Cats NFTs, which were deemed an unregistered securities offering that violated federal law. Stoner Cats Investors to Be Compensated Under SEC’s Proposed Fund Plan The U.S. Securities and Exchange Commission (SEC) has announced...
US Regulator Publishes Crypto Guide With Stark FOMO Reminder
23.11.2024
The Financial Industry Regulatory Authority (FINRA)’s new crypto guidelines spotlight risks and FOMO-driven decisions, with advice on crypto investing. New Crypto Guidelines Highlight Key Challenges for Crypto Investors The Financial Industry Regulatory Authority (FINRA) has introduced...
From Code to $100K: Why Bitcoin’s Milestone Matters to Economics
22.11.2024
In the crypto universe, bitcoin’s quest to hit $100,000 feels like reaching the climactic level in a video game—an epic showdown that embodies years of persistence, strategy, and transformation. The $100K Milestone: A Historic Moment in Free Market Economics When bitcoin (BTC) crosses...
Study: 76% of X Influencers Promoted Now-Defunct Meme Coins
22.11.2024
A Coinwire study reveals that most crypto influencers on X promote worthless meme coins, highlighting the risks of relying on social media for investment advice. Influencers Setting Up Investors for Failure According to a Coinwire study, over three-quarters (76%) of crypto influencers on X promoted...