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Market braces for a busy week ahead: What to watch
Despite ongoing concerns about Middle East tensions and rising oil prices, the stock market closed last week in the green after a strong US jobs report. As inflation and rate cuts remain hot topics, investors are closely watching this week’s CPI report and Federal Reserve minutes to gauge the Fed’s next moves. The global digital […]Cryptopolitan
Mon, Oct 7
Pakistan pushes forward with mission to join BRICS, defying India
Pakistan is making its intentions clear. It wants in on BRICS, the international bloc designed to counter Western-dominated institutions. Russia is backing this decision, raising concerns in India. The big fear is that Pakistan’s entry could give China even more power within the group, at India’s expense. It’s a risky play, but Pakistan isn’t backing […]Cryptopolitan
Mon, Oct 7
The U.S. economy is not doing as good as you might think
America’s national debt is climbing faster than ever, and anyone who believes the economy is on solid ground needs to take a closer look, because the numbers tell a completely different story. Right now, the U.S. national debt has surpassed $35.27 trillion, essentially doubling in the last ten years. To put it simply, every American […]Cryptopolitan
Sun, Oct 6
Bitcoin’s realized price struggles show growing weakness in price
Bitcoin is facing new pressures, and it shows in the market data. Both long-term and short-term holders are making moves that suggest growing weakness in Bitcoin’s price. For long-term holders, there’s been a sharp reduction in their realized cap, dropping by $6 billion. In contrast, short-term holders have been increasing their risk, taking more aggressive […]Cryptopolitan
Sun, Oct 6
US Financial Conditions Index dips to record lows: Is the Fed still in charge?
The US Financial Conditions Index has fallen to its lowest level since the first quarter of 2022. It saw its largest year-over-year decline in three years, wiping out the effects of the interest rate hikes that started in March 2022. This steep decline started in October last year and continues at a rapid pace. The […]Cryptopolitan
Sun, Oct 6
Solana’s Anatoly Yakovenko says memecoins have sucked the life out of every crypto cycle before them
Solana co-founder Anatoly Yakovenko has pointed out that memecoins have repeatedly drained the momentum out of every crypto cycle that came before them. According to him, they dominate the market, leaving other projects struggling for attention. Yakovenko believes the cycles are 90% meme and only 10% actual product. Meme coins stealing the show This current […]Cryptopolitan
Sun, Oct 6
Tether teases USDT documentary on 10th anniversary
Tether, the company behind the world’s biggest stablecoin, has announced a new documentary on USDT as part of its 10th-anniversary celebrations. The film will focus on how USDT has helped millions of people protect themselves from inflation and local currency devaluation. USDT’s growth and technical evolution In the documentary trailer, there are interviews with people […]Cryptopolitan
Sun, Oct 6
Pavel Durov’s girlfriend had a miscarriage due to stress of France arresting him
Pavel Durov, the founder and CEO of Telegram, is in the middle of a criminal case in France that could land him in prison for up to 20 years. While the charges against him are grabbing the headlines, another devastating blow has rocked his personal life. His girlfriend, Juli Vavilova, has revealed that she suffered […]Cryptopolitan
Sun, Oct 6
