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Martin Shkreli says that Michael Saylor’s Bitcoin playbook for MicroStrategy will ‘not end well’
‘Pharma Bro’ Martin Shkreli recently criticized MicroStrategy CEO and co-founder Michael Saylor for initiating his Bitcoin playbook for the asset management company. Pharma Bro mentioned on the Shkreli Planet podcast that Saylor was drunk on the idea. Shkreli added that the situation was a big bubble that would not end well for the company.Cryptopolitan
Mon, Dec 16
FCA issues warning against Solana-based memecoin Retardio
The UK’s Financial Conduct Authority (FCA) has raised concern over Retardio, a Solana-based meme coin. The FCA said that Retardio may be offering financial services in the U.K. without the required approval. The notice stated that the Financial Ombudsman Service will not protect investors who deal with the coin in case of a dispute. However, […]Cryptopolitan
Mon, Dec 16
Tesla’s decision to ditch Bitcoin might’ve been a great idea in 2021. But does it still hold up today?
In 2021, Tesla and its owner Elon Musk, the man who once called Bitcoin “a good idea on many levels,” turned their backs on it, citing environmental concerns. At the time, it seemed like the right move for a company preaching sustainability. But now, Bitcoin has crossed over $100,000, and Tesla is sitting on over […]Cryptopolitan
Mon, Dec 16
Bitcoin as a lifeline for Palestine and nations without a central bank
Bitcoin adoption in Palestine has become a lifeline, offering a secure, decentralized way to send and receive money despite financial restrictions. It helps Palestinians access essential resources like food and medicine, especially during conflicts. This adoption shows communities with financial freedom and stability when there were no Central Banks. Palestine is going through one of […]Cryptopolitan
Mon, Dec 16
It’s still a good time to invest in Bitcoin, says MicroStrategy’s Michael Saylor
Michael Saylor thinks Bitcoin is the new Manhattan. On Monday, the MicroStrategy chairman called the king crypto “cyber Manhattan” during an interview, doubling down on his belief that Bitcoin is the ultimate economic powerhouse. “We’ll just keep buying the top forever,” Saylor declared. “Every day is a good day to buy Bitcoin. I would have […]Cryptopolitan
Mon, Dec 16
SoftBank pledges $100 billion to advance AI and U.S. infrastructure
SoftBank Group, a prominent Japanese financial and technology giant, has recently revealed plans to invest $100bn in the U.S. within the next 4 years. This program, announced by CEO Masayoshi Son together with President-elect Donald Trump plans to bring 100,000 jobs with a focus on developing artificial intelligence and infrastructure. The announcement was made at […]Cryptopolitan
Mon, Dec 16
ISO 20022 Compliant Crypto Coins in 2024
The ISO 20022 crypto-list is a collection of compliant digital coins and tokens that satisfy the International Organization for Standardization (ISO) standards 20022. Many cryptocurrencies will be integrated into this new financial system as ISO 20022-compliant cryptocurrencies. There is much speculation that these cryptocurrencies will soar in price once the standard is implemented. Digital Token Identifiers (DTIs) are […]Cryptopolitan
Mon, Dec 16
America’s strong economy makes high interest rates likely for 2025, but not in Europe
America’s booming economy is making high interest rates a sure bet for 2025. Meanwhile, Europe is bracing for steep cuts as its economic struggles deepen. The Federal Reserve’s policy divergence from the European Central Bank (ECB) is widening the interest rate gap, and the fallout is hitting hard, especially in global markets. This growing divide […]Cryptopolitan
Mon, Dec 16
Former Friends star Lisa Kudrow criticizes Tom Hanks’ movie “Here” as an endorsement for AI
Former Friends actress Lisa Kudrow has ridiculed Tom Hanks’ recent movie, “Here,” which uses AI, describing it as an endorsement for AI due to its de-aging technology, which made Hanks look decades younger. This comes as the use of AI in the arts and entertainment industry has divided opinion with some stakeholders calling the technology […]Cryptopolitan
Mon, Dec 16
Dogecoin rises 2% as 5.8 billion tokens change hands
Dogecoin’s price rose by 2% in the past 24 hours, trading between $0.39 and $0.41. Data suggests that 5.8 billion previously idle DOGE tokens were recently moved. The surge comes after a sluggish week where the meme coin lost nearly 6%, missing out on Bitcoin’s recent gains. Increased token circulation and reduced exchange net flows […]Cryptopolitan
Mon, Dec 16
Bitcoin surges past $107k in relentless bull run, turning long-term skeptics into buyers
Bitcoin has smashed through the $107,000 mark, hitting an all-time high of $107,140 just an hour ago. The surge comes after a historic close of $106,493 last night. This isn’t just another rally. This is Bitcoin rewriting its own narrative, dragging skeptics off the sidelines and turning them into believers. Crypto’s biggest critics, long dismissing […]Cryptopolitan
Mon, Dec 16
