Mounting stress from a rapidly unwinding yen carry trade is reviving fears of a broad market slide, driving Robert Kiyosaki’s latest warning that investors brace for turbulence by shifting toward assets he says can hold firm as volatility accelerates. Robert Kiyosaki Renews Alarms on Global Market Stress Robert Kiyosaki, author of the best-selling book Rich…
Ethereum treasury firm Bitmine Immersion Technologies just scooped up 14,618 ETH for its balance sheet, according to onchain records. Meanwhile, plenty of market watchers are waiting to see whether Michael Saylor’s Strategy picks up its shopping spree again after last week’s timeout. Tom Lee Doubles Down While Saylor Hints at a Possible Black Friday Buy…
The crypto market rebounded in the final week of November, recovering over $200 billion to close around $3.18 trillion after a sharp downturn. Bitcoin rose 7% to $90,500, briefly topping $93,000, while exchange-traded funds (ETFs) fueled inflows that signaled renewed investor appetite. Bitcoin Reclaims $90,000 Mark The crypto economy closed the last week of November…
China’s top financial and law enforcement agencies recently convened a high-level meeting to reaffirm and strengthen the nation’s total prohibitive stance on cryptocurrencies. Reaffirming the Prohibitive Policy China’s top financial and law enforcement agencies have convened to reaffirm and strengthen the nation’s prohibitive stance on cryptocurrencies, warning that speculative activity has resurfaced and poses new…
On Friday — and over the past week — publicly traded bitcoin miners shrugged off the prior week’s funk and piled on a run of solid gains. Of the ten largest miners by market cap, all of them spent the last seven days comfortably swimming in green. Bitcoin Miners Erupt in Weekly Rally Across that…
On Nov. 29, the crypto economy slipped 1.84% to $3.09 trillion, cooling off after a week that wore a brighter shade of green. Bitcoin tacked on 8.2% in gains and ethereum added 10.1%, yet plenty of other tokens outperformed the big names — and a few lagged behind entirely, refusing to hitch a ride on…
A dedicated mortgage broking service for cryptocurrency investors has been launched in Australia, aiming to help holders of digital assets translate their crypto wealth into property ownership. Bridging Mortgages and Crypto Strategies A new player has entered the mortgage market with the launch of Mortgage On Chain, Australia’s first broking service dedicated to cryptocurrency investors….
Artemis, a blockchain analytics platform, stressed that while several issuers tried to make inroads in the non-USD stablecoin market, they have failed to dent the dollar hegemony in the asset class. Nonetheless, euro stablecoins have shown consistent growth. Artemis: Non-USD Stablecoins Are Virtually Non-Existent, Euro Stablecoins Show Consistent Growth The Facts Data from Artemis, a…
Turkmenistan has passed a new law, signed by President Serdar Berdymukhamedov on Nov. 28, that officially legalizes and regulates virtual assets, starting next year. A Strategy for Economic Diversification The Central Asian nation of Turkmenistan has taken a major step into the digital economy, passing a law that officially legalizes and regulates virtual assets, including…
U.S. economist Paul Krugman says bitcoin’s recent decline reflects U.S. President Donald Trump’s diminishing political influence. Bitcoin’s Tie to Pro-Crypto Politics U.S. economist and Nobel laureate Paul Krugman has intensified his criticism of bitcoin ( BTC), claiming that the cryptocurrency’s recent price action, including its tumble to $80,500 on Nov 21, has turned it into…
