On July 7, 2025, on X, Elon Musk claimed that his recently announced political party will embrace Bitcoin, stating that “fiat is hopeless.” In the past, Musk had conflicting relations with Bitcoin. In 2021, his company, Tesla, halted support of Bitcoin payments, citing Bitcoin’s environmental impact. What is Musk’s current political platform, and what’s his
Tether Holdings SA, the issuer of the world’s largest stablecoin USDT, is stockpiling around 80 tons of gold (worth $8 billion) in a secret vault in Switzerland. According to the information provided by the company’s CEO, Paolo Ardoino, this vault belongs entirely to Tether and is described as “the most secure vault in the world.”
US President Donald Trump made important statements regarding economic and foreign trade policies in a broadcast he attended. Trump announced plans to unveil new tariffs on the pharmaceutical and semiconductor industries, and he also slammed Fed Chair Jerome Powell, calling for his resignation. Trump stated that he would announce a new policy for the pharmaceutical
Jerome Powell, the Federal Reserve Chair, faces a fierce barrage from a coalition of high-profile figures threatening his tenure, which extends to May 2026. Over the past two weeks, President Donald Trump, Federal Housing Finance Agency (FHFA) Director Bill Pulte, White House Press Secretary Karoline Leavitt, congressional allies and Treasury Secretary Scott Bessent have all
According to on-chain data, a wallet that has been dormant for six years and held 6,000 BTC has suddenly sprung to life, attracting interest in the crypto community. According to Lookonchain, the whale wallet transferred out all 6,000 BTC worth $649 million in recent hours. A wallet that has been dormant for 6 years transferred
Fast Finality on BNB Chain reduces transaction finality time to just 7.5 seconds. Binance now fully supports BNB Chain’s Fast Finality for faster, safer confirmations. Previously, you had to wait tens of seconds to see a transaction actually locked on the BNB Chain network, but now everything has changed. Fast Finality, a long-awaited new feature,
An all-too-familiar setup has emerged on Bitcoin’s chart. Weekly Bollinger Bands now print a structure nearly identical to the one that formed before the March 2025 pullback — the one that dragged the Bitcoin price down roughly $30,000 from its peak to a support level just above $74,000. At that time, the price was close
Bitcoin (BTC) just delivered a quiet knockout to overleveraged short traders without moving the price much. In just a single hour, short liquidations on BTC surged to $2.47 million, while long liquidations barely surpassed $57,000, as per CoinGlass. That is an imbalance of 4,333%, and it occurred while the spot price remained somewhere around $108,800.
Sequans Communications is swapping traditional reserves for Bitcoin, funneling $384 million in newly raised capital into BTC. The company’s CEO cites Bitcoin’s “unique properties” as the driving force behind the strategic shift. On July 8, France-based Sequans Communications announced the close of a $384 million private placement, with over 40 institutional investors backing its bold
The Cardano Foundation, one of the main entities dedicated to advancing the Cardano blockchain, has unveiled Reeve, an enterprise-grade solution designed to enhance financial data management through blockchain technology. The solution, built on the Cardano blockchain, aims to streamline ESG reporting and audit compliance while addressing risks associated with traditional reporting platforms, such as susceptibility