In a recent New York Times opinion piece, Nobel laureate Paul Krugman criticized the cryptocurrency industry’s significant influence in campaign finance, likening it to the tale of the emperor’s new clothes. Krugman argued that cryptocurrencies have limited legitimate uses and are often associated with criminal activities. He highlighted the industry’s massive political spending, which accounts […]
Donald Trump Jr., the eldest child of the former 45th president, took to social media on Wednesday to declare that decentralized finance (defi) represents the future of the financial world. “We’re about to shake up the crypto world with something HUGE,” Trump Jr. announced on X, emphasizing, “Decentralized finance is the future—don’t get left behind.” […]
Russian President Vladimir Putin charged against the U.S. actions seeking to block Russian payments to China and other countries. During a two-day trip to China, the Russian leader emphasized that this strategy was “really stupid and a huge mistake,” considering that these actions affected the status of the U.S. dollar as a reserve currency. Russian […]
Scott Melker, also known as the “Wolf of All Streets,” believes that we are at the start of a major bull run for both bitcoin and the broader crypto market. “We will likely see a huge bubble and that coins with no fundamental value will also skyrocket before it inevitably pops,” he warned, adding that […]
The U.K. Metropolitan Police have reportedly seized more than 61,000 bitcoins from a massive Chinese investment fraud. A British citizen is accused of laundering bitcoin for a Chinese fugitive who allegedly stole roughly $ 6.4 billion from more than 128,000 investors. British Police Seize Over 61,000 Bitcoins The U.K. Metropolitan Police have seized …