Billionaire Druckenmiller Claims Crypto Could Be New Reserve Currency
Legendary investor Stanley Druckenmiller predicted that crypto could eventually supplant the U.S. dollar as the global reserve currency. Druckenmiller is…
Category: Financial
Illegal Amazon Gold Deals in Venezuela Settled With USDT
Venezuela is becoming a key hub for illegal gold coming from the Amazon region. A new report from the Global…
Tesla secures SpaceX stake through xAI merger ahead of IPO
Tesla has received regulatory clearance to convert its investment in Elon Musk’s artificial intelligence firm xAI into a small stake…
BREAKING: The Fed’s PCE Data Used to Measure Inflation Has Been Released! Here’s Bitcoin’s (BTC) Initial Reaction!
The leading cryptocurrency, Bitcoin ($BTC), is struggling around $71,000 amid the uncertainty and tension created by the US-Iran conflict. The…
CoinDesk 20 performance update: index jumps 3.7% as all constituents climb higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The…
Circle’s USDC volumes top Tether’s USDT for first time since 2019, prompting sell-side price target hike
Circle’s (CRCL) $USDC has overtaken Tether’s $USDT in transaction volumes for the first time since 2019, prompting Japanese investment bank…
Yield-bearing stablecoins surge as Washington fights over yield
Yield-bearing stablecoins are growing faster than the broader stablecoin market, according to Messari, as Washington remains divided over how crypto-linked…
Breaking: U.S. PCE Inflation Cools to 2.8%, Lower Than Expected
The U.S. PCE inflation data, the Fed’s favorite inflation gauge, has come in lower than expectations. This data release comes…
Crypto millionaire’s Nevis project offers residents $100 a month: FT
Belgian-born crypto millionaire, Olivier Janssens, reportedly offered to pay Nevis residents $100 per month if the government approves his development…
Bitcoin holds steady as inflation stays sticky and growth slows
Here’s a fun paradox: the US economy just delivered a one-two punch of stubborn inflation and weakening growth, and Bitcoin’s…