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Ripple is racing to launch its highly anticipated U.S. dollar-pegged stablecoin by year’s end, poised to revolutionize digital payments across XRP and Ethereum networks. Ripple’s Stablecoin Race: Will It Beat the Holiday Deadline or Face Delays? Ripple is gearing up for a high-stakes December as it races to launch its U.S. dollar-pegged stablecoin, Ripple USD … Read more
This week, the American economist and Nobel laureate Paul Krugman officially stepped away from his role as an opinion columnist for the New York Times. Social media buzzed with criticism, as many voiced sharp opinions about his track record, accusing him of repeatedly missing the mark on economic predictions. From Fax Machine to Bitcoin ‘Bubble’: … Read more
As of Dec. 7, 2024, at 3:25 p.m. EDT, bitcoin (BTC) is trading at $100,297 per coin, making it the seventh-largest asset globally by market capitalization, with a total valuation of $1.98 trillion. Before stepping into 2025, here’s an in-depth look at the top ten entities holding bitcoin and their stakes. $294 Billion in Bitcoin: … Read more
In mid-November, we reached out to several artificial intelligence (AI) chatbots to forecast bitcoin’s value at the close of 2024. Fast forward to today, with bitcoin recently touching $103,647 per coin, we decided it was time for another round of predictions. This time, we posed a slightly altered question to a group of generative AI … Read more
A former New York Federal Reserve governor said there are no advantages to making bitcoin (BTC) a government reserve currency. No Exit Strategy Bill Dudley, the former president of the Federal Reserve Bank of New York, argues that there are no advantages to making bitcoin (BTC) a government reserve currency. Dudley, who currently chairs the … Read more
Worksport, a Nasdaq-listed company, has announced plans to add bitcoin and XRP to its corporate treasury. Crypto as a Store of Value Worksport, a Nasdaq-listed (WKSP) manufacturer of hybrid and clean energy solutions for trucks, announced on Dec. 5 that it plans to add bitcoin (BTC) and XRP to its corporate treasury. The company’s board … Read more
Putin declared bitcoin unstoppable, calling cryptocurrency the future of global finance as nations move away from the declining U.S. dollar’s dominance. Who Can Ban Bitcoin? Putin Highlights Crypto’s Unstoppable Evolution Russian President Vladimir Putin, speaking at the VTB forum “Russia Calling!” on Wednesday, highlighted the inevitability of advancements in financial technologies, citing cryptocurrencies as a … Read more
Ripple is preparing to launch its stablecoin, RLUSD, pending final regulatory approval. The company clarified: “We’re in lockstep with the NYDFS on final approval.” Ripple Prepares for Stablecoin Takeoff Ripple has clarified that its RLUSD stablecoin is awaiting final approval from the New York State Department of Financial Services (NYDFS), a necessary step before its … Read more
With just a month left in 2024, the year is winding down with a thrilling milestone: bitcoin has hit an all-time high of $98,800 per coin. This moment caps a year of growth, innovation, and intense focus in the crypto world. What follows is an in-depth journey tracing bitcoin’s value from its early days to … Read more
Donald Trump’s threats of 100% tariffs on BRICS imports could double U.S. prices for essentials and accelerate a global shift away from the dollar, an economist warns. Trump’s BRICS Tariffs: Economist Predicts a Backlash Against the US Dollar French economist Jacques Sapir has weighed in on U.S. President-elect Donald Trump’s threats to impose 100% tariffs … Read more
