News
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Trump and Wall Street: How long will the love affair last?
When president Donald Trump won back the Oval Office with a victory that blindsided half the country, Wall Street couldn’t hide its excitement. The S&P 500 jumped 3% almost immediately after the election, and small-cap stocks tracked by the Russell 2000 skyrocketed nearly 5%. Stocks flourished. Borrowing costs for companies hit record lows. Bitcoin and […]Cryptopolitan
Nov 23, 2024
Robert Kiyosaki slams anonymous gold bug for criticizing Microstrategy’s Bitcoin plan
Robert Kiyosaki, the famous author of the best-selling finance book Rich Dad Poor Dad, has ripped into an anonymous gold bug for criticizing Microstrategy’s Bitcoin plan. The author described the anonymous individual as a loudmouth, labeling them a hypocrite for attacking Microstrategy CEO Michael Saylor. Kiyosaki took to his X handle to call out the […]Cryptopolitan
Nov 23, 2024
Silicon Valley’s influence creates America’s most pro-crypto Congress yet
Silicon Valley just changed Washington forever. The 2024 election didn’t just bring Donald Trump back into the White House—it flipped Congress into a playground for crypto advocates. Bernie Moreno, a political nobody last year, just knocked out Sherrod Brown, a Senate heavyweight who’s been in office longer than Bitcoin has existed. That was no accident. […]Cryptopolitan
Nov 23, 2024
Nvidia CEO aims to align innovation with regulatory standards under Trump
Jensen Huang, the CEO of Nvidia said that the company will be complying with legal regulations along with technological advancements under Trump’s administration. This week, Nvidia’s quarterly revenue was recorded as high due to increasing demand for AI chips. However, investors are concerned about the rising tensions between the US and China as Trump begins […]Cryptopolitan
Nov 23, 2024
SEC case against Terraform Labs lead account for over 50% of its record year financial remedies
The Securities Exchange Commission (SEC) obtained orders for $8.2 billion in remedies for the 2024 fiscal year, a record high for the regulatory agency. This is a 67% increase from the $4.9 billion in financial penalties that it collected in 2023. According to the official press release, the regulator filed 583 enforcement actions during the […]Cryptopolitan
Nov 23, 2024
Who accepts Dogecoin?
A quick ride to the past – It was the year 2013; Dogecoin (DOGE), created by Jackson Palmer and Billy Markus entered the cryptocurrency market. DOGE was intended as a fun alternative to Bitcoin and other serious altcoins, so more or less a “meme coin.” Little did the creators know that their Shiba Inu dog-themed […]Cryptopolitan
Nov 23, 2024
VanEck predicts Bitcoin price at $180K
VanEck analysts forecast Bitcoin price will hit $180,000 in 18 months, by favorable regulations, rising institutional interest, and a changing market structure, though they caution about short-term risks. VanEck has reaffirmed Bitcoin price target of $180,000, predicting the cryptocurrency will reach this level within 18 months. In a detailed report released on November 21, analysts […]Cryptopolitan
Nov 23, 2024
Bananas, Bitcoin, and the rise of useless luxury that’s all about the price tag
A banana duct-taped to a wall sold for $6.2 million. That’s right. Six million dollars for fruit that’ll rot in a week unless you freeze it. But this wasn’t about the banana; it was about what it represented: absurd wealth, clout, and the audacity to spend on something completely useless. The banana is now in […]Cryptopolitan
Nov 23, 2024
AI data centers may consume more power than whole cities
The energy demands of artificial intelligence and cloud computing are spiraling out of control. Data centers, once merely power-hungry, are now growing so massive they could soon surpass entire cities—or even U.S. states—in electricity consumption. Developers of these facilities are racing to secure power and land to keep up with the explosion in demand, driven […]Cryptopolitan
Nov 23, 2024
Tiny AI robot kidnaps 12 larger robots from China’s showroom
A tiny AI-powered robot abducted 12 larger robots from a Shanghai robotics showroom. The security cam footage has since gone viral on social media, with debates on the safety threats of AI. The tiny AI robot named Erbai is the property of Unitree Robotics. The camera footage of the incident first emerged on the Chinese […]Cryptopolitan
Nov 23, 2024
Everything Fallout 76 has in store for gamers in the next 4 months
Season 19 of Fallout 76 has been revealed, along with the content plan of the game until the end of March 2025. The latest season will premiere on December 3, and it looks like players are going to get a lot of new content in Bethesda’s popular game. The game has seen significant changes since […]Cryptopolitan
Nov 23, 2024
What Scott Bessent, Trump’s pick for Treasury Secretary, means for markets
Scott Bessent is stepping into a storm. Trump’s pick for Treasury Secretary has a lot on his plate: the government’s $29 trillion debt, expiring tax cuts, trade wars, booming crypto and stock markets, and even the Federal Reserve’s future. Bessent, who runs Key Square Group, is no stranger to big bets. He’s a hedge fund […]Cryptopolitan
Nov 23, 2024
