The persistent deflation in China is a serious worldwide economic issue.
China is spiraling deeper into deflation, and it’s not just Beijing’s problem anymore—it’s everybody’s. Prices have been falling for six straight quarters. One more, and China ties the grim record from the Asian Financial Crisis in the 1990s. But it’s not like Beijing is sitting around doing nothing. Policymakers are
Garlinghouse Supports Musk’s SEC Criticism
In a significant expression of solidarity, Ripple CEO Brad Garlinghouse has publicly supported Elon Musk’s recent critique of the U.S. Securities and Exchange Commission (SEC). This endorsement comes in the wake of escalating tensions resulting from SEC Chair Gary Gensler’s recent actions targeting Musk, drawing attention to the complex relationship between influential
Gold advocate Peter Schiff labels Bitcoin a “national security threat”
Peter Schiff, a well-known supporter of gold and a critic of Bitcoin, has sparked new conversations about cryptocurrency by calling Bitcoin a “national security threat.” In a recent post on X (formerly Twitter), Schiff said that Bitcoin’s misuse and increasing popularity hurt economic efficiency and waste resources. He said that Bitcoin
Bitwise CIO Matt Hougan Calls for Regulatory Clarity in Crypto
Bitwise CIO Matt Hougan has recently raised concerns over the lack of regulatory clarity for the cryptocurrency industry, especially in light of the ongoing debate about whether crypto assets should be classified as securities or commodities. In a recent X thread, Hougan explained that the regulatory uncertainty is hurting the
Why Is Today’s Crypto Market Down? $1.5 Billion in Bitcoin Liquidation
The cryptocurrency industry registered heightened volatility in the past 24 hours as Bitcoin (BTC) price dropped more than 6 percent in the past 24 hours to reach a daily range low of about $94,725. The altcoin sector was heavily impacted by the sudden Bitcoin drop, with the TOTAL2 shedding more
Ripple CEO Brad Garlinghouse makes highly-anticipated appearance on 60 Minutes
Ripple CEO Brad Garlinghouse appeared on CBS’ 60 Minutes, delivering a sharp, unapologetic defense of Ripple’s strategies, XRP’s meteoric rise, and the crypto industry’s growing political muscle. Ripple, alongside two other crypto firms, funneled $144 million into super PACs supporting pro-crypto candidates across party lines. These efforts weren’t subtle, and the results were
Jupiter (JUP) Aims for $1.90: Will It Reach a New All-Time High?
Jupiter (JUP) has seen an impressive 15.65% rally in the past week. However, momentum has slowed, with a 0.24% drop on the daily chart. Traders are unsure whether the price will rise or fall next. Will bulls take control and push Jupiter higher, or will bearish pressure hold the market down?
Trump Saves the United States (TRUMPUSA) Before going public, Solana Memecoin will soar 18,000%, while Shiba Inu, BONK, and DOGE will underperform.
Trump Rescues USA could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Rescues USA (TRUMPUSA), a new Solana memecoin that was launched today, is set to explode over 18,000% in price in the coming days. This is because TRUMPUSA is set to soon be
During the BTC surge, Tesla and SpaceX Bitcoin Holdings reached $2 billion
Elon Musk’s two major companies have seen their Bitcoin holdings reach a combined value of $2 billion as Bitcoin’s price approaches the near $100,000 milestone. As per the data from Arkham Intelligence, Tesla possesses approximately 11,509 BTC, valued at around $1.17 billion USD, while SpaceX holds about 8,285 BTC, worth
Bitcoin Magazine Will Be Launched in Japan by Metaplanet and BTC Media
Metaplanet, a Japanese investment firm, has finalized a deal with BTC Media to launch Bitcoin Magazine in Japan. Announced on Monday, this partnership is set to provide high-quality, localized content for Japan’s growing Bitcoin community. The magazine will feature interviews with key Japanese Bitcoin figures, special edition publications, and online