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Bitcoin’s recent price drop of nearly 30% from its October high of $126,080 aligns with declining poll numbers for crypto-friendly President Trump, according to economist Paul Krugman. He links the cryptocurrency’s volatility directly to Trump’s political fortunes and pro-crypto policies. Paul Krugman argues Bitcoin’s decline mirrors Trump’s weakening position in polls. Krugman highlights how Trump’s […]
BlackRock has increased its Bitcoin holdings through the iShares Bitcoin Trust (IBIT) by 14%, bringing its total to 2.39 million shares valued at approximately $156 million as of the latest quarterly filing. This move signals growing institutional interest in Bitcoin amid market recovery, with BTC surpassing $90,000. BlackRock’s Strategic Income Opportunities Portfolio boosted IBIT shares […]
Tokenized money market funds have surged nearly tenfold to nearly $9 billion since 2023, per a Bank for International Settlements report. These blockchain-based assets offer stable yields from US Treasurys but introduce liquidity risks and potential contagion in crypto markets. Tokenized money market funds represent blockchain versions of traditional short-term investment portfolios, primarily backed by […]
Apple has challenged India’s amended competition laws in court, arguing that regulators lack authority to impose fines based on the company’s global revenues for antitrust violations in its local operations. Apple filed a petition with the Delhi High Court against the Competition Commission of India’s (CCI) new penalty guidelines. The amended rules allow fines up […]
The Pentagon has identified eight Chinese companies, including Alibaba, Baidu, and BYD, as linked to China’s military, recommending their addition to the Section 1260H list to warn U.S. investors of potential risks. Pentagon’s Section 1260H list flags firms with military ties, serving as an investment alert without direct penalties. The recommendation came in a letter […]
Binance has introduced a concierge service tailored for family offices and asset managers entering the cryptocurrency market, providing personalized onboarding, support for over 100 fiat currencies, and access to structured products to simplify crypto adoption for traditional investors. Personalized support: Dedicated managers guide high-net-worth clients through crypto navigation. Comprehensive tools include real-time analytics and institutional-grade […]
The Nuri rocket launch represents a pivotal achievement for South Korea, marking the nation’s first fully private-led space mission successfully conducted by Hanwha Aerospace. Launched from the Naro Space Center, it deployed an Earth observation satellite and 12 cubesats, signaling a strategic pivot to private sector involvement in space technology and operations. First privately-led rocket […]
XRP is experiencing a notable rally in late November 2025, driven by Franklin Templeton’s decision to include it in their Crypto Index ETF and the launch of their spot XRP product. This institutional interest has pushed prices toward $2.15, retesting key resistance as support amid reduced exchange reserves signaling potential short squeezes. On-chain data reveals […]
Russia’s economy is facing severe challenges in 2024, with 31% of Russians unable to afford basic groceries due to soaring inflation outpacing wages, driven by the ongoing war in Ukraine, sanctions, and military spending. This has led to reduced consumer spending, industry contraction, and a looming recession. Inflation surges beyond wage growth: Food prices have […]