El Salvador’s Bitcoin strategy has taken a surprising turn. For months, President Bukele and the National Bitcoin Office claimed daily Bitcoin purchases, with public trackers showing over 6,102 BTC. But a recent IMF report reveals a different story. The Illusion of Buying The IMF’s report states that El Salvador hasn’t actually bought any new Bitcoin…
A Singaporean woman is heading to jail after a massive money laundering scheme landed over half a billion dollars in her company’s bank accounts. A Mysterious Fortune 58-year-old Zin Nwe Nyunt, owner of the wholesale trading firm Unione Pte Ltd, found herself with SGD $640.7 million (roughly $500 million USD) deposited into her company’s accounts…
Crypto analyst Kevin Svenson is predicting a significant Bitcoin price increase, based on a key indicator. He shared his analysis with his large YouTube following. RSI Indicator Points to Big Gains Svenson points to the Relative Strength Index (RSI), a momentum indicator. The RSI on Bitcoin’s daily chart is showing a signal that, historically, has…
JPMorgan Chase is warning that the US dollar’s dominance in global finance is weakening. Central banks are reportedly reducing their USD reserves and buying up gold at a rapid pace. Gold Rush: A Flight from the Dollar? According to JPMorgan’s global FX strategy co-head, Meera Chandan, the dollar’s share of central bank reserves has fallen…
Charles Schwab, a major financial player, is planning to offer trading in Bitcoin (BTC) and Ethereum (ETH). This move directly challenges current crypto giants like Coinbase. Schwab CEO Confirms Crypto Plans CEO Rick Wurster told CNBC that the company is responding to client demand. Schwab clients already hold a significant chunk—over 20%—of all exchange-traded crypto…
The SEC Chairman, Paul Atkins, has shown interest in letting people invest in cryptocurrencies through their retirement plans. This follows a report suggesting President Trump might issue an executive order to open up retirement accounts to alternative investments like crypto, gold, and private equity. What’s the Big Deal? Currently, most retirement plans (like 401(k)s) only…
The GENIUS Act, recently signed into law, is a game-changer for the crypto world. It’s the first major US federal law dealing with cryptocurrency, focusing on creating a framework for regulated, dollar-backed stablecoins. This brings much-needed clarity for stablecoin companies and strengthens the dollar’s role in the digital economy. Experts are calling it a huge…
A Bedford, UK resident and Bitcoin podcaster, Peter McCormack, is launching a private security initiative to tackle rising crime in his town. He claims the police aren’t doing enough. Taking Matters Into His Own Hands McCormack, also owner of Real Bedford FC, is funding a pilot program deploying 10 security guards to patrol Bedford town…
Peter Thiel’s Bullish crypto exchange is officially heading to the stock market! This is a big deal, showing that big-name investors are increasingly confident in crypto. Bullish Heads to Wall Street Bullish filed paperwork with the SEC (Securities and Exchange Commission) to go public. This IPO (Initial Public Offering) makes Bullish one of the first…
A former Tiger Global billionaire, Karthik Sarma, made a big investment shift. He completely sold off his hedge fund’s Nvidia stock and poured a whopping $334 million into Tapestry (TPR). From Tech to Luxury Sarma, now running SRS Investment Management, unloaded all of his Nvidia holdings between the first quarters of 2024 and 2025. This…
