A massive new report aimed at making the US the global leader in crypto offered a ton of proposals on regulation and taxes. But one thing it didn’t tell us? How much Bitcoin the government actually owns, or how it plans to buy more without spending extra money. The Mysterious Bitcoin Reserve The report, touted…
Decentralized finance (DeFi) is shaking up the traditional mortgage system, especially in developing countries. It offers a potential solution to the challenges of accessing stable, long-term financing in these regions. The Mortgage Problem in Developing Nations Global markets are interconnected. Interest rate hikes anywhere create ripples worldwide, impacting even smaller economies. The US dollar’s dominance…
ECB employees are sounding the alarm, claiming the institution is operating in an undemocratic manner and disregarding the rule of law. Staff Complaints and Accusations The ECB’s staff committee fired off a letter to President Christine Lagarde, outlining widespread concerns. These include favoritism, extremely high burnout rates, and the precarious position of many temporary staff….
JPMorgan Chase, a major investment bank, received a massive 1.89 billion data requests from financial technology (fintech) companies in June alone. This huge volume is causing serious problems for the bank’s systems. Overwhelmed Systems An internal memo revealed that only 13% of these requests were directly from customers for transactions. The rest came from fintech…
A little-known cryptocurrency, BankrCoin (BNKR), is experiencing a massive price surge after Coinbase announced it would list the token. Coinbase Adds BankrCoin Coinbase, a major US cryptocurrency exchange, revealed on X (formerly Twitter) that it will add support for BNKR. Trading is slated to begin on July 30th, 2025, pending sufficient liquidity. The announcement triggered…
A surprising prediction is making waves in the crypto world: Bitcoin’s next major peak might not happen this year. Several experts are pointing to a specific indicator that suggests a much later timeline. The Pi Cycle Top Indicator: A Crystal Ball? Market expert Mark Moss calls the Pi Cycle Top indicator the “Holy Grail” of…
South Korea’s central bank, the Bank of Korea (BOK), is making a big move into crypto regulation. They’re not just researching anymore; they’re taking action. A New Crypto Lab is Born The BOK has created a brand new “digital currency lab” unit within its Financial Settlement Bureau. This team will focus on digital tokens, especially…
MicroStrategy just made a huge Bitcoin purchase – its biggest in eight months! This latest move shows they’re still heavily invested in the cryptocurrency. The Details of the Purchase Chairman Michael Saylor announced on X (formerly Twitter) that the company bought 21,021 Bitcoin at an average price of $117,256 per coin. That’s a total investment…
Trump’s surprise visit to the Federal Reserve (Fed) hinted at a potential shift in US interest rate policy. While there, he chatted with Fed Chair Jerome Powell. A Surprisingly Civil Meeting Trump voiced concerns about the Fed’s expensive renovation project (a whopping $25 billion!), but his main focus was getting interest rates lowered. He claimed…
Marti, a major Turkish ride-hailing company, is making waves by allocating 20% of its reserve funds to cryptocurrency, starting with Bitcoin. This bold move is a direct response to Turkey’s high inflation rates, which are eroding the value of the Turkish Lira. Hedging Against Inflation The company’s CEO, Oguz Oktem, explained that this strategy is…
