Gold Drops To A Two-Month Low As Investors Turn To Bitcoin After Trump’s Victory, But This Economist Remains Confident That ‘Gold Will Surge’
Even after the U.S. headline and core consumer price inflation rose in the month of October, the Gold spot (NASDAQ:XAU) prices fell to a two-month low and have been hovering in the same range. Key ETFs that track gold, have also taken a beating. This comes amid a rise...
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Binance Now Bitcoin Whale Hub: Mean Inflow Jumped Almost 10x In 2024
On-chain data shows the average Bitcoin inflow to Binance has seen rapid growth over 2024, implying whales have been using the exchange more. Bitcoin Mean Exchange Inflow To Binance Has Shot Up Over The Past Year As CryptoQuant community analyst Maartunn explained in a new Quicktake post, Binance has...
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FBI Raids Polymarket CEO’s Apartment Following Platform’s Accurate Prediction Of Trump’s Victory
FBI agents conducted a raid on the Manhattan apartment of Polymarket CEO Shayne Coplan early Wednesday morning, just a week after the election-betting platform accurately predicted Donald Trump’s victory. Political Allegations Surround Polymarket According to a report by the New York Post, Coplan was awakened at 6 am by...
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Is The SEC Prepared For Trump’s Crypto Promises? Commissioner Peirce Weighs In
The crypto market has seen a massive rally following Donald Trump’s victory in the US presidential elections. For the past week, the sector’s expectations for the newly elected pro-industry administration have grown as a clearer regulatory framework seems within reach. However, some believe the Securities and Exchange Commission (SEC)...
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Bitcoin hot on the heels of Google as market cap nears $2 trillion
Bitcoin’s recent surge over $90,000 has pushed its market cap past Saudi Aramco, solidifying its position among top global assets....
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Trump’s Attorney General Pick Matt Gaetz Once Proposed Collecting Federal Income Taxes In Bitcoin, Apart From Co-sponsoring Bill To Abolish The Fed
President-elect Donald Trump has picked Rep. Matt Gaetz (R-Fla.) as the nominee for attorney general under the incoming administration. A controversial figure, Gaetz has been known for pushing radical proposals in favor of cryptocurrencies, especially Bitcoin (CRYPTO: BTC). What happened: Earlier in June, he introduced a bill that would...
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The Road Ahead For ‘Bitcoin Jesus’ Roger Ver: Implications Of The $48M Tax Evasion Charges
Roger Ver, often hailed as “Bitcoin Jesus,” is currently at the center of a high-profile legal battle with US authorities. Ver is facing serious tax evasion charges, allegedly failing to pay more than $48 million in taxes after selling approximately $240 million in digital tokens. The Journey Of Roger...
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Elizabeth Warren’s Sarcastic Take On DOGE’s Split Leadership Gets Slammed By Elon Musk: ‘Unlike You, Neither Of Us Are Being Paid’
Tech mogul and co-head of Department of Government Efficiency (DOGE), Elon Musk, defended the newly formed body’s efficiency amid criticism from Sen. Elizabeth Warren (D-Mass.) What Happened: Taking a dig at the appointment of Musk and Vivek Ramaswamy to lead the highly-touted department, the three-time senator wrote in an X post,...
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Odell Beckham Jr. Scoffs At Nonbelievers Who Questioned His Bitcoin Paycheck Choice As Top Crypto Rallies Past $93K
NFL wide receiver Odell Beckham Jr. took a dig at those who criticized his choice to take his salary in Bitcoin (CRYPTO: BTC) amid the leading cryptocurrency’s record-shattering rally. What Happened: On Wednesday, the star player took to X, saying, “Soooo who said taking my Rams salary in Bitcoin was...
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Bitcoin Strategic Reserve: Michael Novogratz Doubts US Will Move Forward With The Plan
Michael Novogratz, the billionaire founder of crypto investment firm Galaxy Digital, expressed skepticism regarding the likelihood of the United States establishing a Bitcoin strategic reserve, a proposal put forth by President-elect Donald Trump. Novogratz Predicts $500,000 BTC Price Surge In an interview with Bloomberg Television, Novogratz stated, “I still...
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