The Pentagon isn’t usually in the business of commodity speculation, but when national security is at stake, expect the old rules to bend. The Financial Times reports that the U.S. Defense Department has kicked off a $1 billion spree to stockpile critical minerals like rare earths. This includes everything from rare earths to strategic metals
US President Donald Trump shared a new message on his Truth Social account today, after threatening to raise tariffs on China to 100% on Friday. Trump tweeted, “Don’t worry about China, everything will be fine! The respected President Xi just had a bad moment. He doesn’t want his country to fall into a recession, and
A modest reversal from Friday evening’s carnage in crypto markets is underway after some calming trade war-related remarks from both Beijing and Washington. The walk-backs began late Saturday when China’s Ministry of Commerce said its rate-earth export controls are not blanket bans, and that eligible applications will continue to receive licenses. The agency further said
US Vice President JD Vance offered messages aimed at easing tensions that rose on Friday following President Donald Trump’s announcement to raise tariffs against China to 100%. Vance made the following statement in his press release: “We appreciate the friendship between President Trump and President Xi.” “President Trump hopes the US will not have to
The cryptocurrency market experienced one of the biggest single-day losses in recent years with a sharp decline on Friday night. The loss in value reached billions of dollars. Experts say that following this collapse, signs of a gradual stabilization are emerging in the markets. The decline came shortly after the US government announced new tariffs
The introduction of USA₮ and appointment of Bo Hines marks Tether’s next chapter in strengthening U.S. dollar dominance through transparency and innovation 12 September 2025 – Tether, the largest company in the digital asset ecosystem, today unveiled USA₮, its planned U.S.-regulated, dollar-backed stablecoin, along with the announcement and appointment of Bo Hines as Tether USA₮’s
The global stablecoin market has added $2.035 billion in just seven days, pushing its total capitalization to $304.57 billion, according to data from Defillama. That’s a 0.67% increase in a week — but the furious growth behind the numbers stretches much further. The Quiet Rise of Stablecoins: A $304 Billion Digital Backbone Once a niche
Wintermute CEO Evgeny Gaevoy denies collapse rumors after the Oct. 10 crypto crash wiped out $19B in leveraged positions. CEO Refutes Wiped out Rumors Evgeny Gaevoy, the co-founder and CEO of Wintermute, has publicly refuted rumors that began circulating early Saturday claiming the Oct. 10 market crash had “collapsed” the major market maker. In a
Decentralized finance players and major crypto institutions are moving swiftly to restore stability and confidence after one of the sharpest sell-offs in the digital asset market this year, with stablecoin issuers Tether and Circle minting billions in new tokens and Ethereum’s largest treasury firm, Bitmine, scooping up large amounts of Ethereum. The October 10 crash,
Renowned author and investment analyst Robert Kiyosaki issued a striking warning about financial markets. Kiyosaki, author of the book “Rich Dad Poor Dad,” claimed in a social media post that the world’s biggest economic collapse will occur this year. Kiyosaki recalled that he predicted this collapse years ago in his book “Rich Dad’s Prophecy,” stating