Nobel Prize winner in economics Paul Krugman stated that the US economy is “in an abnormal state in many respects.” “The US economy is currently moving away from normal functioning on many levels,” Krugman wrote in a post on his personal blog, Substack. Krugman said the government shutdown delayed the release of the September employment
United States Treasury secretary Scott Bessent said on Sunday that the US and China have made “substantial” progress on a trade deal framework, sparking investor hopes of reigniting the bull market. The proposed trade framework will likely remove the need for the 100% additional tariffs announced by US President Donald Trump on October 10, Bessent
Binance founder and former CEO Changpeng Zhao (CZ) is preparing to return to the spotlight after receiving a pardon from US President Donald Trump. Just hours after the pardon was announced, Zhao posted a statement on social media platform X, saying, “I am grateful to President Trump for today’s pardon and for upholding America’s commitment
Robert Kiyosaki, author of the book Rich Dad Poor Dad, once again expressed the difference between “old thinkers” and “new thinkers” in his latest statement on the social media platform X. Kiyosaki argued that the path to financial freedom is no longer through traditional savings and retirement plans, but through digital assets like Bitcoin and
A seasoned crypto trader has defied October’s market turmoil, pocketing roughly $17 million in profit from long positions on Bitcoin and Ethereum. Data from Arkham Intelligence shows that the trader, identified as “0xc2a,” opened long positions shortly before last week’s market rebound. Bitcoin and Ethereum subsequently gained 4% and 2%, respectively. The Crypto Whale Holds
Stablecoins are rapidly emerging as the backbone of a new global credit infrastructure, and Visa’s latest analysis highlights explosive lending growth, surging user adoption, and institutional momentum transforming capital access across decentralized and traditional financial systems. Visa Highlights Explosive Growth of Blockchain-Based Credit Markets The surge in blockchain-based credit markets is redefining how traditional finance
The Central Bank of Bolivia has taken preliminary steps to implement an interbank wholesale CBDC, saying it could benefit the modernization and security of the country’s financial system. By contrast, a retail‑based system would offer limited benefits. Central Bank of Bolivia Plans Implementation of Wholesale CBDC, Disregards Retail Focus The Facts: The Central Bank of
Li Chenggang, China’s Representative for International Trade and Vice Minister of Trade, announced that the Chinese and US economic and trade teams held intensive and open discussions on issues of mutual concern. Following talks held in Kuala Lumpur, Malaysia, the two sides announced that they worked constructively on appropriate solutions on some issues and reached
Mert Mumtaz, CEO of Helius Labs is one of those who sees CBDC as a step backward, one that puts custody of personal finances in the hands of the government. The Solana network contributor’s latest disapproval came as a vocal reaction to Changpeng Zhao’s support for a Kyrgyzstan government CBDC pilot. Several hours ago, CZ