Ray Dalio Warns of Global Debt Crisis, Backs Bitcoin and Gold
Billionaire investor Ray Dalio has voiced serious concerns about an impending global financial crisis tied to unsustainable levels of debt, urging a pivot toward hard assets like Bitcoin and gold. Speaking at a financial conference in Abu Dhabi, Dalio, founder of the prominent hedge fund Bridgewater Associates, warned of a “pending debt money problem” and […]
Changpeng Zhao Predicts China’s Inevitable Move to Establish a Bitcoin Reserve
Former Binance CEO Changpeng “CZ” Zhao suggested that China might eventually establish a strategic Bitcoin reserve, potentially following the lead of the incoming United States presidential administration. Speaking at the Bitcoin MENA conference in Abu Dhabi on Dec. 9, Zhao predicted that smaller countries would likely adopt Bitcoin reserves first, but emphasized that China’s approach […]
El Salvador Proposes Bitcoin Policy Reforms to Unlock $1.3B IMF Loan
El Salvador, renowned as the first nation to adopt Bitcoin as legal tender, appears to be re-evaluating its stance on cryptocurrency under mounting pressure from the International Monetary Fund (IMF). The country is reportedly in discussions to secure a $1.3 billion loan from the IMF by agreeing to amend its Bitcoin Law. According to sources […]
National Center for Public Policy Research Suggests BTC Treasury Strategy for Amazon
The National Center for Public Policy Research, a free-market think tank based in Washington, D.C., has submitted a proposal to Amazon urging the company to consider incorporating Bitcoin into its corporate treasury. This suggestion is slated for discussion during Amazon’s shareholder meeting in April 2025. In the proposal, the think tank criticized the Consumer Price […]
Bitcoin Surge Predicted to Persist Through 2025 — Analyst
Bitcoin has achieved a significant milestone, surpassing the $100,000 mark for the first time on Dec. 6, marking a historic moment in the cryptocurrency’s journey. This remarkable rise comes despite lackluster performance across traditional markets. Over the past month, Bitcoin’s value climbed by 32%, contrasting sharply with declines in other key assets such as oil, […]
MicroStrategy Adds 21.5K Bitcoin Amid Record-High Prices
MicroStrategy, a major corporate Bitcoin investor, continues to amass BTC despite the cryptocurrency reaching unprecedented highs, surpassing $100,000. Between December 2 and December 8, MicroStrategy added 21,550 BTC to its reserves, investing $2.1 billion at an average price of $98,783 per Bitcoin, as revealed in a December 9 announcement. By December 8, the company’s Bitcoin […]
US Bitcoin ETFs Surpass Satoshi Nakamoto’s BTC Holdings
In a historic achievement, the United States’ spot Bitcoin exchange-traded funds (ETFs) have now amassed more Bitcoin than the cryptocurrency’s mysterious creator, Satoshi Nakamoto. Since the launch of spot Bitcoin ETFs in January 2023, these funds have surpassed 1.1 million BTC for the first time. Bloomberg’s ETF expert, Eric Balchunas, shared the milestone on December […]
SEC Expected to Deny Applications for Spot Solana ETFs — Report
The U.S. Securities and Exchange Commission (SEC) is poised to reject several applications for spot Solana exchange-traded funds (ETFs), according to reports. Fox News reporter Eleanor Terrett shared that the SEC has already informed at least two of the five companies seeking approval for Solana ETFs. Terrett mentioned on December 6 that the prevailing sentiment […]
Possible Charges Haliey Welch May Face if SEC Investigates HAWK Launch
Influencer Haliey Welch’s launch of the Hawk Tuah (HAWK) memecoin faced heavy scrutiny after it plunged 91% in just three hours, with allegations of insider trading, sniping, and fee extortion. Welch denied these claims, but if the SEC or Department of Justice (DOJ) investigate, she and her team could face serious legal consequences. If the […]
Financial Times Publishes ‘Apology’ to Bitcoiners After 13 Years of Criticism
The Financial Times’ “apology” via its Alphaville section has ignited a firestorm within the crypto community, primarily because of its sarcastic tone and continued skepticism toward Bitcoin despite its historic rise to $100,000. Bryce Elder’s op-ed, published on the milestone day, highlights the publication’s consistent crypto cynicism, even as Bitcoin’s price has skyrocketed since FT […]