Treasury Secretary Scott Bessent believes the US should become the global leader in cryptocurrency. He argues that the country should actively attract crypto businesses and set the standard for industry regulation. Bringing Crypto “Onshore” Bessent advocates for bringing crypto activity into the US, stating, “I am a big proponent of the US taking the worldwide…
Sui Could Crash 40% Crypto analyst Ali Martinez is warning about Sui (SUI), a Solana competitor. He’s seeing a bearish pattern forming on the charts, suggesting a potential 40% price drop. This would send SUI down to $1.60 from its current price of around $2.73. Martinez points to a “head and shoulders” pattern, a classic…
Bitcoin’s price has been on a bit of a rollercoaster lately. Let’s dive into what’s happening. A Week of Ups and Downs Last week saw Bitcoin climb slightly (about 1.10%), but the overall picture is still uncertain. Economic news, especially from the US, is making things unpredictable. While Bitcoin briefly touched around $95,000, it’s currently…
The meme coin world is wild, especially after Donald Trump’s crypto coin, $TRUMP, exploded onto the scene. It made a ton of money for its creators, but then crashed hard, leaving many investors disappointed. But don’t count meme coins out! The market’s still booming, and some exciting new projects are emerging. Here are three worth…
A recent Bitcoin price drop from over $90,000 to $78,000 might have rattled some traders, but prominent economist Henrik Zeberg calls it a “necessary step.” While Zeberg’s predictions are bold, many agree with his assessment of a looming recession. The Fed and Crypto’s Future Zeberg predicts that Federal Reserve Chair Jerome Powell might soon need…
The recent White House Crypto Summit sent shockwaves through the crypto world. President Trump announced a game-changing move: the US government is creating a Strategic Bitcoin Reserve! Uncle Sam is Stacking Sats This means the government will hold onto Bitcoin seized from criminals, instead of selling it off. We don’t know exactly how much Bitcoin…
Blockchain technology faces a big challenge: scalability. Networks like Ethereum get bogged down with too many transactions, leading to high fees and slow speeds. Layer-2 solutions are stepping in to fix this. What are Layer-2 Solutions? Think of layer-2 solutions as a shortcut for blockchain transactions. They build on top of the main blockchain (layer-1)…
The Trump Organization is suing Capital One, claiming the bank wrongly closed over 300 of its accounts. The lawsuit alleges the closures were politically motivated, targeting the Trump family’s conservative views. Political Bias Allegations The lawsuit argues Capital One’s actions were driven by “woke” beliefs and a desire to distance itself from President Trump. It…
Sui, a blockchain platform competing with Solana, is doing surprisingly well despite the recent crypto market downturn. This success is partly due to a new partnership. A Boost from a Trump-Linked DeFi Protocol The partnership is with World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol. While former President Trump isn’t directly involved with WLFI,…
David Sacks, the White House’s “Crypto Czar,” says the US government missed out on a massive Bitcoin windfall. He claims that if the Department of Justice (DOJ) hadn’t sold off its Bitcoin holdings, the government would be sitting on an extra $16.6 billion today. A Costly Mistake? Sacks points out that the government sold around…
