Ray Dalio warned that the post-World War II order has “officially broken down,” with the world now sliding into what he bluntly calls a “law of the jungle” phase, where power, not rules, decides outcomes, and crypto investors are using the moment to renew the case for assets designed to operate outside state control. In …
Continue reading “Ray Dalio’s world order warning revives case for Bitcoin as neutral money”
Wells Fargo declined to cash, reject or return a check worth thousands of dollars to a customer who waited weeks without a response, according to a new report. Southern California resident Marylinn Loveless says she deposited a $10,000 check into a Wells Fargo ATM, but the machine never printed a receipt, reports the NBC-affiliated WRAL …
Japanese public company Metaplanet has reported explosive revenue growth after pivoting its business around Bitcoin, with the cryptocurrency now accounting for nearly all of its operating activity. According to the firm’s fiscal year 2025 earnings report, revenue climbed to 8.9 billion Japanese yen ($58 million) from 1.06 billion yen ($7 million) a year earlier, a …
Continue reading “Metaplanet revenue jumps 738% as Bitcoin generates 95% of sales”
Crypto exchange Binance pushed back against a recent report by Fortune, rejecting allegations that it enabled sanctions-violating transactions tied to Iran and fired compliance investigators who raised concerns. Fortune reported Friday that internal investigators at Binance discovered more than $1 billion in transfers linked to Iranian entities moving through the platform between March 2024 and …
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Bitcoin (BTC) starts a new week at an important crossroads as analysis sees the chance for a new short squeeze Bitcoin closes the week above a key 200-week trend line, leading to fresh belief in a trip to $75,000. Liquidations stay elevated, with a trader noting that longs should be in the driving seat going …
Continue reading “$75K or bearish ‘regime shift?’ Five things to know in Bitcoin this week”
Crypto investment products failed to attract enough inflows last week to reverse negative sentiment and clocked a fourth consecutive week of outflows. Crypto exchange-traded products (ETPs) recorded $173 million in outflows, following the previous week’s $187 million, according to a CoinShares update on Monday. Although the last two weeks brought relatively minor losses, total outflows …
Continue reading “Crypto funds log fourth week of outflows at $173M as BTC dips below $70K”
A Nigerian national spearheaded an inheritance scheme that drained more than $6 million from hundreds of Americans, according to the U.S. Department of Justice. Prosecutors say 44-year-old Tochukwu Albert Nnebocha and his co-conspirators operated a transnational crime ring targeting vulnerable US citizens. [adinserter block=”1″] They say Nnebocha’s crime organization sent hundreds of thousands of letters …
Onchain analyst and early Bitcoin adopter Willy Woo is warning that increasing attention to quantum computing risk is starting to weigh on Bitcoin’s long-term valuation case against gold. Woo argued in a Monday X post that markets had begun to price in the risk of a future “Q‑Day” breakthrough — shorthand for the moment when …
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OKX secured a Malta payment institution license to support EU-compliant stablecoin services, including OKX Pay and the OKX Card. Cryptocurrency exchange OKX expanded its regulatory footprint in Europe, securing a license for stablecoin payments. OKX has obtained a Payment Institution (PI) license in Malta, the company told Cointelegraph on Monday. The authorization is issued under …
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Animoca Brands has secured a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), clearing the way for the company to broaden its crypto operations across the Middle East. The license allows the Hong Kong-founded Web3 investor and platform developer to offer broker-dealer services and investment management related to virtual assets …
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Bitcoin may be headed for its worst first quarter in eight years, with data showing Bitcoin is already down 22.3% since the start of the year. The asset began the year trading around $87,700 and has declined by around $20,000 to current lows of around $68,000, putting it on track for its worst first quarter …
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Businessman and TV personality Kevin O’Leary has won a multi-million-dollar defamation lawsuit against crypto influencer Ben Armstrong, also known as “Bitboy.” Miami federal judge Beth Bloom on Friday ordered Armstrong to pay almost $2.83 million in damages to O’Leary over a series of social media posts accusing the Shark Tank star of being a murderer. …
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Russia’s finance ministry and central bank are reportedly calling on the government to speed up the rollout of crypto market regulations amid a boom in digital asset adoption, claiming that citizens are spending almost 50 billion Russian rubles ($648 million) on crypto daily. According to a report from Russian news outlet RBC on Thursday, Russia’s …
Continue reading “Russians move $129B in crypto yearly ‘outside our attention’: Official”
Stani Kulechov, the founder of the decentralized lending platform Aave, says DeFi could benefit from $50 trillion worth of “abundance assets,” such as solar energy, through tokenization by 2050, opening a new class of onchain collateral. Data from RWA.xyz shows that nearly $25 billion worth of real-world assets have been tokenized onchain, but they are …
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Crypto asset manager Grayscale filed for regulatory approval to convert its trust tracking the token of the decentralized lending protocol Aave into an exchange-traded fund. The company filed a Form S-1 registration statement with the Securities and Exchange Commission on Friday, saying it intends to convert the trust and rename it the Grayscale Aave Trust …
Continue reading “Grayscale seeks to convert Aave trust into ETF on NYSE Arca”
