News
Important Only
El Salvador plans to ramp up Bitcoin purchases next year for its strategic reserve
El Salvador has announced plans to increase Bitcoin purchases for its national reserve starting next year. This comes just after the country secured a $1.4 billion loan agreement with the International Monetary Fund (IMF). The deal forces El Salvador to scale back its Bitcoin policies, but the administration isn’t backing down on its commitment to […]Cryptopolitan
Thu, Dec 19
The Open Platform (TOP) officially launches TON’s Space self-custody wallet
Today, The Open Platform (TOP) has officially introduced the TON Space custodial wallet. The launch comes one month after Andrew Rogozov, CEO of TOP, announced new updates at the Gateway event in Dubai. The launch signifies the conclusion of the beta development phase and the subsequent incremental introduction of the new self-custodial wallet platform. According […]Cryptopolitan
Thu, Dec 19
President Trump calls on Congress to abolish US debt ceiling
President Donald Trump has called on Congress to abolish the U.S. debt ceiling entirely, describing it as a meaningless psychological tool that serves no practical purpose. In a recent interview, Trump made it clear he’s ready to “lead the charge” if lawmakers agree to eliminate the borrowing limit, which currently caps how much money the […]Cryptopolitan
Thu, Dec 19
Investors only have themselves to blame; Jerome Powell steals the joy of Christmas
Federal Reserve Chair Jerome Powell released his statement on Wednesday shortly after the Fed released its decision to cut interest rates. The chair highlighted the Fed will evaluate progress on inflation before making further cuts in 2025. Fed Chair Jerome Powell raised investors’ eyebrows in his statement after the Fed announced further interest rate reductions. […]Cryptopolitan
Thu, Dec 19
North Korean hackers stole more crypto this year than ever before
North Korea’s state-backed hackers shattered records in 2024, stealing $1.34 billion worth of crypto in just 47 attacks. That’s more than double the $660.5 million they swiped across 20 incidents in 2023, according to a new Chainalysis report. These digital thieves now account for 61% of all crypto stolen globally this year, cementing Pyongyang’s place […]Cryptopolitan
Thu, Dec 19
Michael Saylor interview with Tom Bilyeu on Impact Theory – Why Bitcoin at $13 million is inevitable
Michael Saylor, the executive chairman of MicroStrategy, remains as ambitious as ever. This is despite the fact that he has forfeited his voting rights. During a recent interview on Tom Bilyeu’s Impact Theory, he reaffirmed his assertion from the Bitcoin 2024 conference in Nashville that Bitcoin would ultimately be valued at $13 million. Around the […]Cryptopolitan
Thu, Dec 19
Russia says almost all trade with India and China is now in national currencies
Russia has confirmed it’s still ditching the dollar for good in its trade with two of its biggest partners, China and India. President Vlad Putin says over 90% of its trade with China is now settled in national currencies—primarily rubles and yuan—while more than 50% of trade with India also bypasses the dollar entirely. When […]Cryptopolitan
Thu, Dec 19
Crypto.com appoints Mohammed Al Hakim to oversee its UAE operations
Crypto.com, one of the top 10 crypto exchanges globally has appointed, a previous employee of UAE’s Ministry of Human Resources and Emiratization, as President of its UAE operation. Mr. Mohammed Al Hakim, a UAE national, will be responsible for business development, strategic partnerships, and financial innovation, given that the UAE is a critical market for […]Cryptopolitan
Thu, Dec 19
Lightchain AI Price Surge– Predictions Indicate a 300% Growth in 2024
The cryptocurrency market is evolving at lightning speed, and Lightchain AI Presale ($LCAI) is quickly becoming a standout opportunity for investors and crypto enthusiasts alike. As blockchain technology converges with artificial intelligence, Lightchain AI is delivering groundbreaking innovations with the potential to reshape the industry. With the presale now open, this is the perfect chance […]Cryptopolitan
Thu, Dec 19
Our problem is not markets that are too volatile – It’s traders that are too sensitive
Federal Reserve Chair Jerome Powell shook financial markets this week, delivering a reality check that left traders scrambling. On Wednesday, Powell laid out a cautious approach to interest-rate cuts for 2025. Stocks nosedived 3%, bonds crumbled, and 10-year Treasury yields soared to their highest in seven months. The selloff was brutal—the worst post-meeting market reaction […]Cryptopolitan
Thu, Dec 19
Vladimir Putin admits Russian inflation is an ‘alarming signal’ – Is BRICS collapsing?
Russian President Vladimir Putin acknowledged inflation as a major challenge for Russia during his annual “Direct Line” Q&A session on Thursday, describing the economy as “overheating.” Speaking to Russian citizens, Putin outlined the government’s efforts to address rising prices. “There are some issues here, namely inflation, a certain overheating of the economy, and the government […]Cryptopolitan
Thu, Dec 19
Binance added to PENGU volatility with listing mistake and leaked smart contract
The early hours of PENGU trading caused chaos, as some traders had orders filled at an unrealistic valuation. Binance also launched the wrong market capitalization, while also leaking the PENGU smart contract early.Cryptopolitan
Thu, Dec 19
What is Binance Alpha doing for token projects? FARTCOIN, MONKY, and others gain market traction
Binance recently launched Binance Alpha, a new token listing mechanism designed to address the growing demand for early-stage crypto projects. The new platform is currently at the center of controversies after wrongfully announcing a batch of tokens that led to massive losses for investors. The platform made headlines this week when it mistakenly posted a […]Cryptopolitan
Thu, Dec 19
