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Ripple is preparing to launch its stablecoin, RLUSD, pending final regulatory approval. The company clarified: “We’re in lockstep with the NYDFS on final approval.” Ripple Prepares for Stablecoin Takeoff Ripple has clarified that its RLUSD stablecoin is awaiting final approval from the New York State Department of Financial Services (NYDFS), a necessary step before its … Read more
With just a month left in 2024, the year is winding down with a thrilling milestone: bitcoin has hit an all-time high of $98,800 per coin. This moment caps a year of growth, innovation, and intense focus in the crypto world. What follows is an in-depth journey tracing bitcoin’s value from its early days to … Read more
Donald Trump’s threats of 100% tariffs on BRICS imports could double U.S. prices for essentials and accelerate a global shift away from the dollar, an economist warns. Trump’s BRICS Tariffs: Economist Predicts a Backlash Against the US Dollar French economist Jacques Sapir has weighed in on U.S. President-elect Donald Trump’s threats to impose 100% tariffs … Read more
Wharton’s Jeremy Siegel called Trump’s 100% BRICS tariffs ironic, noting bitcoin—which Trump backs—is a bigger threat to the dollar as a global reserve. Wharton Professor: Trump’s Bitcoin Advocacy Contradicts BRICS Tariff Threats Jeremy Siegel, professor emeritus of finance at the Wharton School, commented Monday on President-elect Donald Trump’s plan to impose 100% tariffs on BRICS … Read more
Microstrategy’s $1.5 billion bitcoin buy boosts its holdings to 402,100 BTC, as the company eyes aggressive expansion via a $42 billion plan. $1.5B Bitcoin Buy Propels Microstrategy’s Stash to 402,100 BTC Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) disclosed significant updates in a filing with the U.S. Securities and Exchange Commission (SEC) on Monday, revealing … Read more
As chatter grows around the idea of a U.S.-led bitcoin strategic reserve, the topic has ignited lively debate. Some enthusiasts view it as an inevitable move toward global bitcoin adoption by nation-states, while others decry the notion as a betrayal of the cryptocurrency’s core philosophy. Contrasting Opinions Surface on the U.S. Adopting a Bitcoin Reserve … Read more
Ripple’s legal chief warns that U.S. regulators’ crypto guidance signals, “Don’t even think about it,” alleging a veiled campaign to deter banks from serving the industry. ‘Don’t Even Think About It’: How Regulators Subtly Squeeze the Crypto Market Ripple’s chief legal officer, Stuart Alderoty, has highlighted what he sees as a calculated effort by U.S. … Read more
Berkshire Hathaway’s $325 billion cash reserve bleeds $32 billion yearly, Michael Saylor says, claiming that he could sway Warren Buffett to embrace bitcoin. Berkshire Buying Bitcoin? Michael Saylor Claims He Can Convince Warren Buffett Michael Saylor, co-founder and executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), criticized the cash management strategy of Warren Buffett’s … Read more
Over the weekend, a lively discussion swept through social media as cryptocurrency enthusiasts dissected a Wall Street Journal article declaring that the U.S. “war against crypto is over” with Donald Trump’s return. Trump’s Return and the End of the Crypto Crackdown? WSJ Article Stirs Debate An article in the Wall Street Journal (WSJ) suggests that … Read more
U.S. President-elect Donald Trump is reportedly holding secret talks with JPMorgan CEO Jamie Dimon, fueling speculation about JPMorgan’s potential power play to shape U.S. policies. Trump and Jamie Dimon: Alleged Secret Talks That Could Influence White House Policies Speculation surrounds whether U.S. President-elect Donald Trump and JPMorgan Chase CEO Jamie Dimon have engaged in confidential … Read more
