Quick Breakdown Bitwise CIO Matt Hougan says banks should raise deposit rewards instead of fighting stablecoins. Stablecoins offer yields of up to 5%, far outpacing US bank savings rates. Banks are lobbying against stablecoin yields, citing risks to lending...
Quick Breakdown: Ray Dalio warns that rising U.S. debt and the risks of Fed intervention could threaten dollar stability. Crypto and gold may gain as alternative stores of value amid fiscal pressures. Dalio highlights systemic risks from debt, geopolitics,...
Quick Breakdown Raoul Pal projects global crypto adoption could hit 4 billion users by 2030. He forecasts crypto’s market cap may surpass $100 trillion within a decade. Pal says debasement and adoption will remain the key drivers of growth....
Eric Trump, son of U.S. President Donald Trump, says the Trump family’s embrace of cryptocurrency was sparked by being “debanked” in the aftermath of the January 6, 2021 Capitol attack. In an interview with The Wall Street Journal, Trump...
BitMEX co-founder Arthur Hayes has doubled down on his bullish outlook for Ethereum (ETH), predicting that the second-largest cryptocurrency could climb as high as $20,000 before the end of the current market cycle. In a recent interview, Hayes revealed...
Former Binance CEO Changpeng “CZ” Zhao has filed a motion in the U.S. Bankruptcy Court for the District of Delaware seeking dismissal from a $1.76 billion clawback lawsuit initiated by the FTX bankruptcy trust, according to Bloomberg Law. The...
Former UK Chancellor George Osborne has warned that Britain risks becoming irrelevant in the global crypto economy unless it urgently reforms its regulatory approach. In an op-ed for the Financial Times, Osborne criticized the Labour government and the Bank...
In a landmark achievement for both the blockchain and space industries, Justin Sun, founder of the Tron blockchain network, has successfully completed Blue Origin’s NS-34 suborbital mission, marking him as the youngest Chinese astronaut in history. Sun’s participation underscores...
Billionaire investor Ray Dalio has reaffirmed his support for Bitcoin as part of a balanced portfolio, recommending a 15% allocation to either Bitcoin or gold amid rising concerns over U.S. fiscal instability. Speaking on CNBC’s “Master Investor” podcast with...
The Crypto Council for Innovation (CCI) has appointed Ji Hun Kim as its permanent Chief Executive Officer, solidifying his leadership after months in an interim role. Announced on Thursday, Kim’s promotion comes after serving as CCI’s president and acting...
