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Biden administration may have done irreparable damage to US economy as The Pentagon losses $824 billion
The Pentagon’s latest financial audit is in, and it’s a complete disaster. Again, for the seventh year running, the Department of Defense (DoD) failed to account for its budget, this time admitting it cannot explain what happened to $824 billion. The DoD’s fiscal 2024 audit was released late Friday night, where auditors examined $4.1 trillion […]Cryptopolitan
Nov 16, 2024
Bitcoin strategic reserve? Why not Dogecoin reserve, says co-founder
Dogecoin co-founder Billy Markus asks, “Why not a Dogecoin reserve?” as Trump’s Bitcoin reserve plan gains attention and Dogecoin’s price continues to rise. Billy Markus is suggesting the idea of a national Dogecoin reserve. He tweeted, “why not national Dogecoin reserve tho” just as talks about the U.S. creating a Bitcoin reserve under President-elect Donald […]Cryptopolitan
Nov 16, 2024
WisdomTree’s Will Peck reveals how gov’t Bitcoin holdings can influence future prices
Bitcoin’s fixed supply meets volatile demand, with government holdings adding complexity to market sentiment and stability, says WisdomTree’s Will Peck. In a recent interview with CNBC Will Peck highlighted that holding seized Bitcoin instead of selling it could spark global competition to stockpile the asset, impacting the market. U.S. President-elect Donald Trump plans to position […]Cryptopolitan
Nov 16, 2024
Ubisoft reacts to Assassin’s Creed Shadows leak showing free battle pass rewards
Video game publisher Ubisoft insisted in a Reddit post on November 16 that the recently released leaks of the Assassin’s Creed Shadows were inaccurate. The rumors concerned the Assassin’s Creed Animus Hub set to release with the game next year, previously known as Assassin’s Creed Infinity.Cryptopolitan
Nov 16, 2024
MicroStrategy’s Bitcoin holdings tops Nike and IBM cash reserves
Microstrategy holds $26 billion worth of Bitcoin, which exceeds the cash investments of major companies such as Johnson and Johnson, IBM, and Nike. According to a Bloomberg report, Microstrategy has turned into one of the biggest businesses in terms of financial reserves. The reason for this was Michael Saylor’s decision to invest in Bitcoin rather […]Cryptopolitan
Nov 16, 2024
EU expects Eurozone economy to stall because of trade wars
The Eurozone economy is stuck in a rut. Growth forecasts have been downgraded again, and even the revised numbers don’t inspire much confidence. The European Commission, the EU’s executive arm, now predicts that the 20 countries using the euro will expand their collective GDP by just 1.3% in 2025. That’s down from its earlier projection […]Cryptopolitan
Nov 16, 2024
Gold suffers sharp decline post-Trump victory, worst week since 2021
Gold prices have been hammered this week, falling harder than they have in three years. The metal dropped over 5% to $2,568.20 per troy ounce, its sharpest weekly plunge since June 2021. Just two weeks ago, gold was sitting pretty at an all-time high of $2,801.80 per ounce. Now, it’s down a brutal 8.3%, and […]Cryptopolitan
Nov 16, 2024
XRP Price Reaches $1 Milestone after 3 long years.
XRP Price crosses $1 after 1,000 days, surging 18% in a day to a $50 billion market cap, increased by legal progress, whale activity, and bullish market momentum. Resistance was at $1.20 and $1.50 before aiming for its $3.30 ATH. XRP, Ripple’s native cryptocurrency, has reached a remarkable milestone, crossing the $1 threshold for the […]Cryptopolitan
Nov 16, 2024
Over 120,000 letters sent to state lawmakers to endorse ‘Strategic Bitcoin Reserve’ bill
The Satoshi Act Fund CEO and co-founder Dennis Porter revealed on November 15 that the crypto community has sent over 120,000 letters to state lawmakers urging them to endorse the Strategic Bitcoin Reserve bill. Porter mentioned that the community has sent 60,500 letters to their Republican representatives and 62,300 letters to the Democrat state lawmakers.Cryptopolitan
Nov 16, 2024
