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Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance


U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the status of the dollar as the world’s reserve currency. He emphasized the need for a regulatory framework to boost demand for U.S. treasuries...

Tesla Holds Bitcoin Steady After BTC Wallet Transfers Spark Speculation


Tesla has reported stable bitcoin holdings for Q3 2024, despite transferring its 11,509 BTC to new wallets. The move, which sparked speculation but did not signal a sale, suggests routine security measures. Tesla posted $25.2 billion in revenue and $2.7 billion in profits, driven by record vehicle...

Wazirx Security Breach: Liminal’s Analysis Points to Deeper Issues


Liminal Custody has released an update addressing the allegations and misinformation surrounding the Wazirx security breach. The company clarified that while Wazirx blamed it for the incident, the exchange continued using Liminal’s infrastructure to manage user funds. Liminal emphasized it had...

SEC’s Crypto Crackdown Questioned — Will Clear Guidance Finally Emerge?


The enforcement-heavy approach of the U.S. Securities and Exchange Commission (SEC) to crypto regulation is stifling innovation and leaving the market without clear standards, an SEC commissioner has warned. Criticizing the reliance on litigation, he argued that case-by-case enforcement delays...

Stanley Druckenmiller’s ‘Big Short’ Move: Betting on Future Disaster


Duquesne Family Office’s Stanley Druckenmiller has revealed his latest move in the U.S. bond market. The billionaire investor who won millions in the past for Duquesne Capital does not believe that inflation will keep cooling down, and is consequently betting that a bond bust will eventually...

New Cryptocurrency ICO FreeDum Fighters Raises $225,000 In Opening Weekend


The 2024 US Election is almost here, and it’s shaking up the market. Traders are speculating on what the outcome will mean for the economy and crypto regulation. But one project encapsulates this, providing a means of speculation while offering hilarious satirical escapades and captivating...

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