News
Important Only
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
Cardano founder Charles Hoskinson blasts Wyoming Token Commission boss over ADA and XRP exclusion
Cardano founder Charles Hoskinson has heavily criticized the actions of the Wyoming Token Commission. In a recent post on microblogging platform X, Hoskinson did not hold back, ripping into Wyoming Token Commission executive director Anthony Apollo over snubbing Cardano and Ripple in an upcoming stablecoin project. Hoskinson has been vocal about the Wyoming stablecoin project, […]Cryptopolitan
Sat, Dec 14
Trump’s return forces European central banks to soften policies
Europe’s central banks are scrambling as Donald Trump prepares to step back into the White House. His incoming presidency has reignited fears of trade wars, geopolitical tensions, and currency volatility. Policymakers across the continent are in damage-control mode, slashing interest rates and signaling further cuts to shield their fragile economies. The Swiss National Bank (SNB) […]Cryptopolitan
Sat, Dec 14
Bitcoin to reap big benefits as traders avoid trade war volatility
Bitcoin is primed to benefit from the volatility that could engulf traditional markets with the imminent threat of a trade war on the horizon. With Donald Trump already elected, his biggest dilemma will be the issue surrounding the US dollar. While his policies might need the dollar to be weak to boost exports, the reverse […]Cryptopolitan
Sat, Dec 14
China’s stubborn deflation really is a global economic problem
China is spiraling deeper into deflation, and it’s not just Beijing’s problem anymore—it’s everybody’s. Prices have been falling for six straight quarters. One more, and China ties the grim record from the Asian Financial Crisis in the 1990s. But it’s not like Beijing is sitting around doing nothing. Policymakers are trying to fix it, but […]Cryptopolitan
Sat, Dec 14
Ethereum short positions reach record high despite bullish sentiments
Ethereum’s leveraged short position on the Chicago Mercantile Exchange (CME) has reached an all-time high, indicating a strong bearish sentiment in the market. The record leveraged shorts happened as open interest in Ethereum futures on the CME reached a record high of over one million ETH. Overall, open interest in Ethereum has increased over the […]Cryptopolitan
Sat, Dec 14
Japanese lawmaker Satoshi Hamada pushes for a national Bitcoin reserve
House of Councillors member Satoshi Hamada has called for Japan to start considering a national Bitcoin reserve. As more countries are seeking a Bitcoin reserve, a Japanese lawmaker has urged his government to do the same. On December 11, Hamada discussed the proposition with the country’s House of Councillors to investigate how other nations are […]Cryptopolitan
Sat, Dec 14
Dogecoin Price Struggles Between Macro Golden Pocket And Macro 0.5 Fib, Why Bitcoin Holds The Answerled document
The Dogecoin price action is currently locked between two critical technical levels, the macro golden pocket and the macro 0.5 Fibonacci retracement level.This observation washighlBitcoinist
Sat, Dec 14
