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Trump’s Treasury Secretary Scott Bessent thinks he is going to change the global economy
Scott Bessent is stepping out from behind decades of hedge-fund desks into the Treasury Secretary’s office with one goal: to leave his fingerprints on the global economy. President Donald Trump has tapped the 61-year-old economic historian turned hedge-fund manager to take the reins at the Treasury Department. If Bessent’s past is any indication, he’s not […]Cryptopolitan
Nov 25, 2024
Cantor’s Howard Lutnick prepares to leave all companies, passes Tether deal to his son
Howard Lutnick, the powerhouse behind Cantor Fitzgerald, is officially stepping away from all his business roles. With his nomination as Commerce Secretary under President-elect Donald Trump, Lutnick is clearing the deck. He’s exiting his leadership positions at Cantor Fitzgerald, BGC Partners, and Newmark to comply with ethics rules. Cantor is handing over a multibillion-dollar deal […]Cryptopolitan
Nov 25, 2024
Investors warn strong US dollar set to hit emerging market bonds
A Financial Times report revealed that investors are concerned about a stronger US dollar under incoming president Donald Trump’s presidency. The report highlighted that investors expect a stronger dollar to disrupt the returns coming from emerging market bonds.Cryptopolitan
Nov 25, 2024
SUI tops $980M token unlocks, Solana leads linear unlocks
Sui (SUI) dominates the upcoming cliff-based token unlocks this week with 64.19 million tokens valued at $213.77 million, representing 2.26% of its circulating supply. The protocol leads a fleet of unlocks scheduled between November 25 and December 2. Following SUI, Optimism (OP) will release 31.34M tokens worth $67.38 million (2.50% of supply), while ImmutableX (IMX) […]Cryptopolitan
Nov 25, 2024
Pump.fun livestreams plunge into chaos with suicides, homicides, drugs and animal abuse
Pump.fun’s livestream feature is spiraling into chaos. What was supposed to be a groundbreaking tool for crypto creators has become a stage for horrifying threats and unthinkable violence. Users desperate to pump their meme coins are streaming extreme acts, from threats of self-harm to actual violence, to manipulate their token market caps. What’s worse? The […]Cryptopolitan
Nov 25, 2024
Hong Kong’s ZA Bank pioneers crypto trading for retail users in Asia
ZA Bank, the largest digital bank in Hong Kong, announced that it would be the first Asian bank to offer crypto buying and selling services to retail users. The bank’s statement said that users would be able to trade BTC and ETH using U.S. dollars or Hong Kong dollars through its app.Cryptopolitan
Nov 25, 2024
Is MicroStrategy headed for a downfall in the stock market?
MicroStrategy is having a year Wall Street won’t forget. Its stock, MSTR, has skyrocketed past every S&P 500 company. It has outperformed tech darling Nvidia by almost threefold year-to-date. But here’s the thing. MicroStrategy’s revenue is just $116 million per quarter. Last week, trading volume on MSTR exploded to $136 billion, a figure that even […]Cryptopolitan
Nov 25, 2024
Kraken: Listing of coins on US exchanges will no longer be subject to too many restrictions
Kraken, the second largest U.S. exchange, announced that it was listing more than 19 tokens, including BNB, COW, FWOG, MOODENG, and PNUT. According to Fox Business, the news came as Trump Media and Technology Group (TMTG) is currently in advanced talks to purchase crypto exchange Bakkt.Cryptopolitan
Nov 25, 2024
