Just one day after surviving a second assassination attempt, Donald Trump today launched his long-rumored crypto project, World Liberty Financial. Though much about the project remains unclear, the team behind World Liberty Financial unveiled previously unconfirmed details during a live interview with Rug Radio, Decrypt’s sister company. The project will offer borrowing and lending services for cryptocurrencies on the Ethereum…
Bitcoin could rally as high as $65,000 following expected rate cuts later this week but analysts fear US election uncertainty could keep crypto asset prices lower for longer. Source: https://cointelegraph.com/news/bitcoin-price-tough-call-fed-rate-decision-zerocap?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
During Monday’s World Liberty Financial launch event hosted by Decrypt’s sister company Rug Radio, former U.S. President Donald Trump credited the excitement over his own branded NFT projects with his change of heart towards cryptocurrency. As the Republican candidate for president explained, Trump saw that the majority of his NFT trading cards minted on Ethereum scaling network Polygon were being…
BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct economic activities without relying on currencies used as political tools by Western powers. The Russian official noted increasing interest in these platforms as a way […] Source: https://news.bitcoin.com/brics-payment-platforms-gain-momentum-as-us-dollar-alternatives-says-russian-official/
Cathedra Bitcoin said Bitcoin mining simply hasn’t provided enough shareholder value on a Bitcoin basis over the last three years, which prompted a change in strategy. Source: https://cointelegraph.com/news/bitcoin-miner-cathedra-shifts-focus-toward-bitcoin-stacking?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
During the launch event for his World Liberty Financial crypto platform, former U.S. President Donald Trump said that he believes U.S. crypto builders under investigation by the Securities and Exchange Commission “will be living in hell” if he is not elected for a second term this November. “If we don’t win the election, those people that were under investigation and…
Economist and gold advocate Peter Schiff has issued a strong warning that the Federal Reserve is on the verge of repeating its past policy errors. He explained that the Fed’s anticipated actions, particularly interest rate cuts, “will be followed by a return to QE, another repeat mistake that will engender more debt and send consumer […] Source: https://news.bitcoin.com/peter-schiff-fed-is-about-to-make-major-policy-mistake-that-will-crush-us-dollar-reignite-inflation/
Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS explained, adding: “Gold’s rally has further to run.” UBS highlighted that gold has gained over 24% this year, driven by increased investment demand, and expects […] Source: https://news.bitcoin.com/ubs-expects-higher-gold-prices-as-us-dollar-weakens-golds-rally-has-further-to-run/
The largest Bitcoin mining companies are steadily claiming greater dominance over Bitcoin’s network security, even though their stock performance this year might not suggest such success. JP Morgan analysts summed up the current state of the market in their “September ’24 Bitcoin Mining Halftime Report” published Monday, noting that publicly listed U.S. mining companies saw their piece of the network…
On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay off existing debt and purchase more bitcoin. Microstrategy Reveals Another Private Offering According to Microstrategy’s (Nasdaq: MSTR) announcement, the notes, set to […] Source: https://news.bitcoin.com/microstrategy-announces-700m-private-offering-for-debt-buyback-and-bitcoin-acquisition/
