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Why is Bitcoin superior to gold in every way? Saifedean Ammous explains
American economist Saifedean Ammous argues that Bitcoin is superior to gold because it has a fixed supply, is digital, and is not controlled by governments, making it a better store of value and a solution to inflation and debt issues in today’s financial systems. Ammous, author of The Bitcoin Standard, argues in a recent interview […]Cryptopolitan
Sat, Dec 14
XRP leads the Trump trade bull run. But can it actually sustain it?
XRP has skyrocketed 370% since Donald Trump’s election victory, taking the lead in what’s now being dubbed the “Trump trade bull run.” Bitcoin, for all its clout, has only climbed 46%, and the broader crypto market, measured by the CoinDesk 20 index, has risen 93%. XRP blew past Solana, claiming the third spot in market […]Cryptopolitan
Sat, Dec 14
VanEck predicts 2025 bull market with Bitcoin at $180K, altcoins to fall 60%
VanEck predicts strong crypto growth in 2025, with Bitcoin reaching $180,000 and Ethereum surpassing $6,000. The firm expects market dips mid-year but forecasts a recovery by late 2025. Growing institutional adoption, government Bitcoin reserves, stablecoins, and AI-powered tech will drive further integration of cryptocurrencies into the global financial system. VanEck, an asset management firm, predicts […]Cryptopolitan
Sat, Dec 14
Microsoft’s decision to not add Bitcoin to its balance sheet was a great idea for both
Microsoft’s decision to steer clear of Bitcoin and keep its balance sheet traditional wasn’t just calculated, it was ruthless in its precision. On December 10, the tech giant’s shareholders torched a proposal to sink 1% of its $78 billion cash reserves into Bitcoin. That would’ve been roughly $784 million—a small chunk of cash for Microsoft […]Cryptopolitan
Sat, Dec 14
Wall Street questions Fed’s intentions as tool rate cut appears likely
Wall Street is buzzing as the Federal Reserve prepares to tweak its overnight reverse repo (RRP) facility rate, a move expected to drop it by 5 basis points. This seemingly small adjustment, rumored to come next week, could move billions in cash flows and stir up money markets. Traders and analysts are asking the same […]Cryptopolitan
Sat, Dec 14
Southeast Asia countries are in stiff competition to be the region’s top AI hub
Countries in Southeast Asia that make up the Association of Southeast Asian Nations (ASEAN) are quietly battling with each other to claim the region’s top AI hub position. According to CNBC, the 10 countries in Southeast Asia’s emerging economies have a combined population of 672 million people and already have a competitive edge over Europe […]Cryptopolitan
Sat, Dec 14
US Treasury Secretary Yellen tells Trump “Don’t politicize bank supervision”
U.S. Treasury Secretary Janet Yellen has a message for President-elect Donald Trump: back off from meddling in the regulation of the American banking system. She called out Trump’s transition team for reportedly eyeing drastic cuts or mergers in Washington’s top financial oversight agencies. Naturally, his return to power has raised questions about how far his […]Cryptopolitan
Sat, Dec 14
Former PM of Thailand and his rich friends believe Bitcoin will reach $850,000 – Calls for Thai people to adopt BTC
Thaksin Shinawatra, the former prime minister of Thailand, claims that his friends believe Bitcoin could reach $850,000 in value. He urged Thai people to stay informed about the cryptocurrency’s potential and its increasing relevance to the global economy. During a special lecture on December 13, 2024, Thaksin said that he isn’t calling for people to […]Cryptopolitan
Sat, Dec 14
XRP surges in South Korea, Won tanks as parliament votes to impeach President Yoon Suk Yeol
South Korea’s National Assembly voted to impeach President Yoon Suk Yeol on Saturday, which intensified the nation’s political uncertainty and tanked the national currency. The move comes after Yoon’s controversial attempt to impose martial law in early December, which opposition leaders condemned as a threat to democratic order. According to the Financial Times, opposition leader […]Cryptopolitan
Sat, Dec 14
Bitcoin improvement plan reignites debate over token denomination methods
John Carvalho, the CEO of Bitcoin tools developer Synonym, has proposed the redenomination of Bitcoin as the smallest unit of the digital currency. In the Bitcoin Improvement Proposal (BIP) published on X, he seeks to define 1 Satoshi as 1 Bitcoin, eliminating the need for decimal points. According to Carvalho, the change will reflect the […]Cryptopolitan
Sat, Dec 14
Bitcoin’s Path to $100,000– What It Means for Lightchain AI and Other Altcoins
Bitcoin, the first and most iconic cryptocurrency, has been leading the digital currency revolution since its creation. As it inches closer to the historic $100,000 milestone, exciting opportunities are emerging across the broader crypto market. One standout is Lightchain AI Presale, offering early adopters a chance to tap into incredible potential. This bullish movement in […]Cryptopolitan
Sat, Dec 14
OpenAI whistleblower’s body discovered in apparent suicide in San Francisco apartment
Former OpenAI employee Suchir Balaji’s body has been found in what is described as an apparent suicide. According to the San Francisco Chief Medical Examiner’s office, his body was found in an apartment in San Francisco. Balaji, a former employee of the artificial intelligence firm, OpenAI, is famous for his interview with the New York […]Cryptopolitan
Sat, Dec 14
Justin Sun calls out Coinbase’s leadership over wBTC delisting controversy
Justin Sun, founder of TRON, and Paul Grewal, Coinbase’s Chief Legal Officer, have been sparring on social media over the exchange’s asset listing standards. This comes in after BiT Global sued the US’s biggest crypto exchange over the delisting of wrapped Bitcoin (wBTC) as it prepares to launch a competing product. Coinbase announced on November […]Cryptopolitan
Sat, Dec 14
Skechers hit with massive backlash after TikToker detects AI art in its Vogue ad
Skechers is facing serious criticism for its December Vogue ad, which reportedly used AI. The ad has started conversations on social media about how consumers will respond to such practices. For the first time, Marc Jacobs (guest editor) edited Vogue’s special December issue, placing a full-page ad by Skechers. Many readers found the ad suspicious. […]Cryptopolitan
Sat, Dec 14
Japanese yen hits longest losing streak since June. Are we in trouble again?
The Japanese yen is getting hammered. It has clocked six straight days of losses against the US dollar, falling to 153.48 per dollar as of December 14, 2024. This makes it the worst week for the yen in over two months and its longest losing streak since June. The market is betting hard that the […]Cryptopolitan
Sat, Dec 14
