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Crypto fund ads identified on Alipay’s homepage amid Chinese Crypto ban
Alipay, a Chinese payment platform, reportedly advertised spot Bitcoin exchange-traded funds (ETFs) on its homepage. The advert directed users to invest in Huabao Overseas Technology C (QDII-FOF-LOF). According to community users, Alipay featured adverts promoting a crypto fund on its homepage on December 12. Users highlighted the ads stated, “Global investment, cryptocurrency soaring, start investing […]Cryptopolitan
Thu, Dec 12
The 25 richest families in the world collectively gained $406.5B in wealth in 2024 – Some got into Bitcoin
Bloomberg has shared a 25-name list of the wealthiest families in 2024, showcasing familiar names like the Walton family and new entries such as Ofer and Thailand’s Chearavanont. The top family is reportedly valued at $406.5 billion, while the 25th name on the list has a wealth of $37.4 billion. According to Bloomberg’s list, The […]Cryptopolitan
Thu, Dec 12
NYSE names Donald J. Trump TIME Person of the Year
Donald J. Trump, the President-elect of the United States, has been named TIME magazine’s Person of the Year for 2024, marking the second time he has received the honor. DJT first earned the title in 2016 following his initial presidential election victory. TIME’s editor-in-chief, Sam Jacobs, announced Trump as the Person of the Year on […]Cryptopolitan
Thu, Dec 12
Floki Inu (FLOKI) tokens to receive Wise Monkey (MONKY) airdrop after December 15 snapshot
Wise Monkey (MONKY) is a new meme token with a high profile launch, backed by Ape Accelerator and Forj, an Animoca Brands subsidiary. MONKY had a wide distribution to user wallets, and has already started trading on centralized markets anCryptopolitan
Thu, Dec 12
Bitcoin Whales Join the DeFi Craze: Could This Blockchain Be December’s Biggest Gainer?
Over the past few weeks, a fascinating trend has emerged in the dynamic world of crypto—a growing movement of Bitcoin whales shifting their attention to DeFi protocols. This newfound interest isn’t random; it’s a sign of larger blockchain disruptions on the horizon. Among the many platforms ready to harness this momentum is Lightchain Protocol AI, […]Cryptopolitan
Thu, Dec 12
Nvidia moves shop to China to focus on AI-driven cars
Nvidia has taken a step forward, opening a shop in China and hiring hundreds of individuals in Beijing to expand a team of researchers working on new autonomous driving technology. Nvidia has been developing AI software and driving automation for more than a decade; however, its endeavors have not yet yielded results. The company’s researchers […]Cryptopolitan
Thu, Dec 12
Ukraine will legalize crypto in the first quarter of 2025
Cryptocurrency will finally go legit in Ukraine in the first quarter of 2025. But before anyone gets starry-eyed, here’s the catch: tax exemptions are off the table. Profits will face the same treatment as securities, with taxes applied only when crypto assets are converted into cold, hard fiat. This revelation came straight from Danylo Hetmantsev, […]Cryptopolitan
Thu, Dec 12
Sony eyes acquisition of FromSoftware parent Kadokawa, industry speculates impact
Sony is reportedly considering buying out FromSoftware’s parent company, Kadokawa. The multinational entertainment company is considering the acquisition as a means to further bolster its extensive portfolio. Kodokawa’s acquisition is expected to dramatically affect both the gaming and anime industries.Cryptopolitan
Thu, Dec 12
Trump’s crypto venture WLFI is not as shady as it looks. Or is it?
President Donald Trump’s crypto company, World Liberty Financial Inc. (WLFI), launched just two months before the election, and it has been a source of controversy from the get-go. Partnering with Steve Witkoff, a billionaire real estate developer now turned Middle East envoy, the venture is grabbing attention for all the wrong reasons. The duo’s collaboration […]Cryptopolitan
Thu, Dec 12
AMP invests $27M in Bitcoin for the first time
Australia’s largest super fund, AMP, has invested $27 million of its portfolio in Bitcoin, making it the first major fund to venture into the cryptocurrency market. AMP’s decision to enter into the digital asset sector comes despite the critical view from many quarters. One of the skeptics is Reserve Bank of Australia’s (RBA) Governor Michele […]Cryptopolitan
Thu, Dec 12
The chance of a 25 bps interest rate cut at the next FOMC meeting is 98.6%
The CME FedWatch tool showed a 98.6% chance that the FOMC would recommend a 25 bps interest rate cut at the upcoming two-day December meeting. Chances of a rate cut continued to rise despite November’s high inflation report.Cryptopolitan
Thu, Dec 12
