Ray Dalio Says Crypto Could Be An ‘Attractive Alternative’ As Fiat Money Will Struggle As ‘Effective Storeholds’ Of Wealth
Billionaire hedge fund manager Ray Dalio expressed optimism on Wednesday about the prospect of cryptocurrencies becoming an “attractive alternative” to struggling fiat currencies. Dalio Bets On Crypto, Downgrades Fiat During an interview with the Financial Times, Dalio was asked if cryptocurrencies could “meaningfully” replace the dollar. “Crypto is now...
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FOMO Ends In Pain: WLFI Whales Suffer Millions In Loses On Price Collapse
World Liberty Financial’s WLFI token tumbled this week, leaving big holders nursing heavy losses and some traders counting gains from the other side of the trade. A major wallet closed a 3x leveraged long and took a more than $1.6 million hit. That same investor, according to on-chain trackers,...
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Bitwise lists 5 crypto ETPs on the Switzerland’s SIX stock exchange
Bitwise has listed five flagship crypto ETPs on the SIX Swiss Exchange, offering exposure to Bitcoin, Ethereum staking, Solana, XRP, and a digital assets index....
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El Salvador acquires $50M in gold for the first time since 1990 as Bitcoin bet continues
El Salvador’s gold acquisition highlights a strategic shift towards diversified reserves, potentially stabilizing its economy amid Bitcoin volatility. The post El Salvador acquires $50M in gold for the first time since 1990 as Bitcoin bet continues appeared first on Crypto Briefing....
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US Bancorp Restarts Support for Bitcoin (BTC) Custody Services to Investment Managers
The Minneapolis-based bank with over $685 billion in total assets has renewed its Bitcoin custody services for institutions. Following a 3-year pause, now in a more crypto-appreciative environment, this is possible once more. Back After a Hiatus Shared via a press release, U.S. Bank, the primary operating subsidiary of...
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Trump’s Bet Pays Off as Family Crypto Fortune Soars Past $5B
President Donald Trump’s family has struck gold in the crypto market. Their flagship token, World Liberty Financial (WLFI), debuted on September 1 and instantly boosted the Trump family’s net worth by more than $5 billion. The coin’s launch created massive buzz, with over $1 billion traded within the first...
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SEC Pushes Forward With Sweeping Crypto Rulemaking Plan
The SEC has laid out a packed agenda for the months ahead, and digital assets are getting a lot of attention. Out of twenty new rules in the pipeline, nearly half are focused on crypto. The agency is calling this push Project Crypto, and it shows a clear desire...
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UK Proposes Stronger Anti-Money Laundering Rules for Crypto Firms
The UK Treasury has released a new draft aiming to tighten anti-money laundering rules, with crypto firms directly in the spotlight. These proposals are meant to close loopholes that have made it easier for financial risk to go unnoticed. At the same time, the changes are being pitched as...
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From Crypto Skeptic to Miner: My Wild Ride Into Ethereum #shorts
Discover how one person’s initial skepticism of Bitcoin turned into a quest to mine Ethereum. Seeking a tangible asset in the digital currency world, they saw mining as a way to own valuable hardware, even if the crypto market crashed. Plus, a new gaming PC was a bonus! #Ethereum...
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Bitcoin Retreats Despite Rate Cut Odds Spike; Ethereum, XRP, Dogecoin Also Slip: Analyst Explains Why ETH’s ‘Boring Phase’ Is Expected to Drag On
Leading cryptocurrencies diverged from stocks on Thursday, as each market gauged the weak jobs data differently. Cryptocurrency Gains +/- Price (Recorded at 10:30 p.m. ET) Bitcoin (CRYPTO: BTC) -0.22% $111,246.07 Ethereum (CRYPTO: ETH) -2.66% $4,321.10 XRP (CRYPTO: XRP) -1.10% $2.80 Solana (CRYPTO: SOL) -2.46% $203.17 Dogecoin (CRYPTO: DOGE) -1.52%...
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