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Tesla CEO Elon Musk Calls Fiat Currency a Scam


Tesla and Spacex CEO Elon Musk believes that fiat currency is a scam that is so normalized that we don’t even realize that it’s a scam. Many people share a similar view, including Rich Dad Poor Dad author Robert Kiyosaki, who has frequently cautioned against investing in the U.S....

Russian Banker States SWIFT ‘Needs to Be Killed’


Andrei Kostin, head of the VTB Bank, one of the biggest banks in Russia, has stated that the Society for Worldwide Interbank Financial Telecommunication (SWIFT), the standard messaging system for fiat payments, “needs to be killed.” Kostin remarked that the actions of the U.S. and...

Argentinian Presidential Frontrunners Pit BTC & Dollar Against CBDC


A leading Argentinian presidential candidate says he will launch a CBDC if he is elected – putting him on a collision course with a pro-Bitcoin dollarization advocate. According to the media outlet Ambito, Sergio Massa, the country’s current Minister of Economy and a candidate for this month’s...

Paypal Selects Crypto.com as ‘Preferred Exchange’ for PYUSD Stablecoin


Paypal has chosen Crypto.com as the “preferred exchange” for its recently launched stablecoin issued by the blockchain company Paxos. The partnership with the trading platform seeks to prop the U.S. dollar-pegged cryptocurrency which has already listed the coin and provides liquidity for...

Russia’s Yuan Shift: EBRD Economist Warns of Waning US Dollar Dominance


In a recent interview, the European Bank for Reconstruction and Development’s (EBRD) chief economist, Beata Javorcik, highlighted a notable trend: Russia’s growing inclination to transact in the Chinese yuan. This shift, the economist emphasized, could challenge the dominance of...

Is Bitcoin price going to crash again?


Bitcoin is still down 60% from its November 2021 all-time high so many traders are wondering if BTC price could crash further in the coming months

Biggest Movers: BCH, LINK Move to 6-Week Highs on Wednesday


Bitcoin cash was once again a big mover, as the cryptocurrency rose by nearly 10% during today’s session. The move saw price climb to its highest level since mid-August, and came as U.S. dollar strength pushed the S&P 500 to a three-month low. Chainlink also rallied strongly...

US House Committee Passes Bill to Block Digital Dollar Launch


A bill designed to block the potential launch of a US central bank digital currency (CBDC) has progressed to the floor of the US House of Representatives following the house committee approval on Wednesday.  The bill, spearheaded by Republicans within the House Financial Services Committee,...

U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans


A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets legislation in Congress

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