Elizabeth Warren’s War on Crypto Continues With Suggestions for New Treasury Secretary
On Jan. 12, ranking member of the Senate Committee on Banking, Housing, and Urban Affairs, Elizabeth Warren, penned a 31-page letter to Treasury Secretary-designate Scott Bessent suggesting harsh measures for crypto regulation. The letter was shared by the vice president of government affairs at Paradigm, Alexander Grieve, who pointed...
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Stocks Fail To Rise Despite Benign Producer Inflation, 30-Year Treasury Yields Hit 5%, Ely Lilly Tumbles: What’s Driving Markets Tuesday?
A cooler-than-expected December producer inflation report failed to ignite lasting gains on Wall Street Tuesday, reflecting lingering concerns about persistently high inflation among investors. Early session advances across major indices faded into modest losses by midday trading in New York, as market participants exercised caution ahead of Wednesday’s pivotal...
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Why Is Ripple’s (XRP) Price Up 13% Daily to Monthly High?
TL:DR; While the entire crypto market is well in the green today, some alts, such as XRP, are performing a lot better than many of its rivals. Perhaps a few of the reasons behind Ripple’s surge could be attributed to the recent whale activity, as well as upcoming developments...
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Bitcoin headed to $250k, says Fundstrat’s Lee
Pro-Bitcoin analyst Thomas Lee believes Bitcoin could double in 2025 despite recent market volatility and the drop below $100,000....
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VIRTUAL price rises as ecosystem tokens AVA, LUNA, aixbt surges
Virtuals Protocol token bounced back on Tuesday, Jan. 14, a day after forming a doji candlestick pattern as its ecosystem tokens rebounded. Virtuals Protocol (VIRTUAL) rose to $2.93, up 32% from its lowest level this year as investors bought the…...
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Genius Group launches $33m rights offering to boost Bitcoin reserve
Genius Group Limited, a Bitcoin-focused education company, has announced a $33 million rights offering to expand its Bitcoin Treasury. The offering will allow existing shareholders to purchase additional shares at $0.50 each, with proceeds earmarked entirely for Bitcoin (BTC) purchases,…...
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Veteran Trader Peter Brandt Offers Truce to the XRP Army: Details
TL;DR Peter Brandt apologized for past XRP criticism, praising the asset’s supporters and adopting a more bullish outlook. Last year, former critic Charles Hoskinson expressed regrets for previous clashes with the XRP Army and proposed collaboration with Ripple on future projects. ‘I Admit My Rudeness’ Ripple’s XRP is one...
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Peanut the Squirrel (PNUT) Explodes 30% Daily as Coinbase Trading Begins: Details
TL:DR; The popular meme token has resumed its bull rally after it was abruptly halted at the end of last year, skyrocketing by double digits on a daily scale. The latest price move came after support from the largest US-based crypto exchange. PNUT saw the light of day a...
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Hashed’s Simon Kim Says AI Has a ‘Black Box’ Problem
Hashed’s Simon Kim believes the future of artificial intelligence hinges on a radical shift: breaking open the black box of centralized models like OpenAI and building a decentralized, transparent ecosystem powered by blockchain. For Kim, CEO of South Korea’s leading crypto VC fund, the urgency is clear. AI’s unchecked...
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MicroStrategy Plans Perpetual Preferred Stock Offering To Bolster Bitcoin Strategy
MicroStrategy Inc. (NASDAQ:MSTR) is exploring perpetual preferred stock as a new financing instrument to fuel its ongoing Bitcoin acquisition strategy, according to insights shared by Executive Chairman Michael Saylor. What Happened: At a recent investor meeting hosted by The Benchmark Company, Saylor explained that MicroStrategy is looking to raise...
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