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ByteDance’s $7B AI push amid looming TikTok ban
TikTok parent company ByteDance is betting big on Artificial Intelligence (AI) despite the United States’ curbs on chip sales to China. According to a report by The Information, the TikTok owner plans to spend $7 billion on Nvidia chips in 2025. This comes as President-elect Donald Trump intervened in the TikTok ban. Trump has urged […]
Cryptopolitan
Tue, Dec 31
The Fed and Trump are set to collide in 2025 – The areas to expect trouble
The longstanding tensions between President-elect Donald Trump and Federal Reserve Chair Jay Powell are expected to take center stage again in 2025, with economic policies and institutional dynamics setting the stage for potential clashes. Donald Trump, reelected in November 2024, frequently criticizes Powell. This raises questions about how the relationship between the White House and […]
Cryptopolitan
Tue, Dec 31
Tether burned 1B USDT, what does it mean for Bitcoin (BTC) and the crypto market?
Tether, Inc. burned 2B USDT on TRON, while the net supply of USDT on all chains contracted by 1B tokens in the past day. USDT burns signaled outflows of liquidity from the market, as BTC briefly dipped under $93,000.
Cryptopolitan
Tue, Dec 31
Solaxy Layer-2 Token Addresses Solana’s Limitations, Raises $7M on Presale
The Solaxy Layer-2 token, $SOLX, has already raised $7M on presale, its popularity fueled by its plan to build the foundation of a blockchain that addresses Solana’s pain points. Considering the Solaxy’s Layer-2 token’s value increases each time it hits a new milestone, now is an opportune tim...
Bitcoinist
Tue, Dec 31
XRP Nears Oversold Territory: Will $1.9 Support Trigger A Rebound?
XRP has reached a critical $1.9 support level, a price point that could define its short-term trajectory. At the same time, the Composite Trend Oscillator indicator is signaling oversold conditions, hinting at the possibility of a price rebound. Oversold readings typically suggest that selling press...
NewsBTC
Tue, Dec 31
Ethereum Path To $8,000 Milestone Unshaken By Market Fluctuations – Analyst Claims
Ethereum‘s long-term outlook appears to be quite positive as ETH sees a wave of bullish predictions about a move to unprecedented heights in the ongoing market cycle. As ETH navigates the volatile phase, a shift in momentum might signal the start of its next major price surge. $8,000 Price Tar...
Bitcoinist
Tue, Dec 31
NYSE and Nasdaq to close shop on January 9
In honor of the late President Jimmy Carter, the US stock market will close on January 9 for a national day of mourning. The New York Stock Exchange (NYSE) and Nasdaq Inc. have confirmed the suspension of trading on their US stock exchanges. The CME Group Inc., the operator of US-based equity and interest rate […]
Cryptopolitan
Tue, Dec 31
Elon Musk X account name change spurs ‘Kekius Maximus’ insider trading questions
After a period of political reflection, which involved a significant contribution to Donald Trump’s return to the oval office to “make America great again,” Elon Musk is slowly going back to his sarcastic side. If you’ve been scrolling through X and wondering who Kekius Maximus is, well, it’s probably the last person you expect. Elon […]
Cryptopolitan
Tue, Dec 31
Siqi Chen launches Zero (ZERO) token, claims rug pull was a mistake
Siqi Chen, the recipient of MIRA tokens, launched an asset called Zero (ZERO) with a warning it would indeed go to zero. The community criticized Chen of abusing meme tokens, though he did not make money from the asset and considered it a test.
Cryptopolitan
Tue, Dec 31
Justin Sun dumps more Ethereum, ETH tanks 2%
An Ethereum whale, Justin Sun, has once again transferred an additional 29,153 ETH. This is one of several transfers he has made this year. In response, Ethereum has declined by 2%, approaching $3,300. According to data from Spot on Chain, in the past 11 hours, Justin Sun, the founder of Tron, has made substantial deposits […]
Cryptopolitan
Tue, Dec 31
2025 Bitcoin Price Prediction + 2 Meme Coins to Watch
Judging from Bitcoin’s ($BTC) recent performance, the rally is over, along with the year. Yet, many analysts believe it’s too early to call it a day. After a year of lows ($39,507.37 on January 22) and highs ($103,679 on December 5), $BTC closed off 2024 at $98,676.10, a rise of 133.4% for the year....
Bitcoinist
Tue, Dec 31
Best Altcoins In 2025: Top Analyst Reveals His Picks
With the new year just one day away, crypto analyst Alex Wacy (@wacy_time1) shared an overview of what he calls the best altcoins heading into 2025. The analyst, who has amassed an audience of over 190,000 followers on X, highlighted several projects that he believes have the potential to dominate i...
NewsBTC
Tue, Dec 31
Bitcoin Revolution: NYDIG About To Unlock The Largest Capital Pool In Finance
In a move that could reshape the Bitcoin lending market, Stone Ridge subsidiary NYDIG is gearing up to channel one of the biggest capital reservoirs in traditional finance—insurance float—into BTC-backed loans. The news, detailed in the 2024 Investor Letter from Stone Ridge CEO Ross Stevens, immedia...
Bitcoinist
Tue, Dec 31
Meta to invest in AI-Generated characters and profiles raising concerns over fake accounts
A Meta AI executive says Facebook could soon experience a surge of AI-created profiles and users. Meta has been improving its artificial intelligence tools since last year. It introduced new AI products across different platforms like Facebook. This includes hundreds of thousands of characters created in July when they launched AI character-creation tools. These AI […]
Cryptopolitan
Tue, Dec 31
Bitcoin ETFs See End-of-Year Bleeding With $387 Million Weekly Outflows
Spot Bitcoin (BTC) exchange-traded funds (ETFs) registered their first red weekly performance in a month during Christmas Week, their worst performance since September. However, analysts noted that the ETF industry saw its best year yet.
Bitcoin
Ethereum
XRP
Bitcoinist
Tue, Dec 31
China’s president Xi Jinping confirms GDP growth has hit 5% target
China’s president, Xi Jinping, has officially announced that the country has already hit its 5% GDP growth target for 2024.
AUD/USD
USD/CNH
Cryptopolitan
Tue, Dec 31
Trouble catches up with US banks over ‘debanking’
Banks, tariffs, Trump and Elon Musk take the yearly trophy home. 2024 is coming to an end, which means Donald Trump’s Inauguration as US President is just 20 days away. One of his biggest promises to the American people is to improve the country’s economy, and his sights are well set on the banking sector, […]
Cryptopolitan
Tue, Dec 31
Crypto Downturn Fuels Increased Interest In FX Guys ($FXG) – Experts Spotlight Its Prop Trading Utilities
The global cryptocurrency markets have encountered a turbulent downturn after a persistent bull run. While most investors are quickly re-evaluating their positions, one new crypto, FXGuys Presale, is enjoying increased demand. Experts attribute the popularity to the exclusive prop trading utilities provided by FXGuys. As market volatility continues, traders seek alternative investments to diversify their […]
Cryptopolitan
Tue, Dec 31
Eurozone growth threatened by global trade war, economists warn
The Eurozone is bracing for a strenuous 2025 as economists highlight mounting risks from a potential global trade war and regional political instability. A Financial Times poll of 72 economists identifies these factors as the most significant threats to the region’s economic health, with consensus forecasts projecting a mere 1.1% growth for the year. US […]
Cryptopolitan
Tue, Dec 31
Bitcoin Buyers Waiting To Pounce: Binance Stablecoin Reserve Sets New Record
Data shows the stablecoin reserve on Binance has shot up to a new record recently, a sign that could be bullish for Bitcoin and other coins.
Bitcoin
Bitcoinist
Tue, Dec 31
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