Financial commentator Peter Schiff keeps gloating over Bitcoin’s extremely underwhelming performance, claiming that gold is eating the cryptocurrency’s launch. Schiff has predicted that the Bitcoin bear market will be “brutal,” urging “hodlers” to buy gold. “Downtober” As reported by U.Today, there was a lot of excitement on the cusp of October, which has historically been
WASHINGTON, D.C. — The crypto sector and some of the financial giants on Wall Street are sprinting to put stablecoin infrastructure in place well before the U.S. watchdogs set up their regulations, and Federal Reserve Governor Michael Barr took a moment on Thursday to remind the industry’s legal experts of the hazards posed by nominally
US President Donald Trump hosted a dinner for companies pledging funds to build a new ballroom in the White House, with attendees reportedly including Gemini co-founders Cameron and Tyler Winklevoss, and executives from Coinbase and Ripple. According to a Wednesday Wall Street Journal report, among the donors and attendees of the dinner at the White
Key Takeaways Florida has proposed legislation to create a strategic Bitcoin reserve for public funds investment. The proposal would let the state’s chief financial officer invest public money in Bitcoin. Florida has introduced a new bill that would authorize the state to invest public funds in Bitcoin and other digital assets. The legislation, filed as
Peter Schiff came out with another gloom and doom prediction on Bitcoin, stating BTC failed to become an alternative to fiat. He spoke out in support of gold again, as BTC did not live up to an asset for the ‘debasement trade’. Financial analyst Peter Schiff claimed BTC was not an adequate asset for the
BNY Mellon is exploring the development of stablecoin infrastructure but has not committed to launching its own token, executives said during the company’s recent earnings discussion on Thursday. The bank, one of the world’s largest custodians, has brought forward several blockchain-related investments in 2025 — including those that would support real-world asset settlement and tokenized
CyberCharge, a Web3 ecosystem that uses blockchain technology for the distribution of energy and decentralized economy, has announced its landmark partnership with Aylab.io, a Web3 advertising platform. The partnership aims to boost Web3 growth and user acquisition across the world. [STRATEGIC PARTNERSHIP ANNOUNCEMENT] We’re teaming up with @Aylab_io the powerhouse behind one of Web3’s biggest
With the upward trend in the crypto market, “Digital Asset Treasuries” (DAT) have become a new phenomenon. These companies, which aggregate crypto assets ranging from Bitcoin to Dogecoin, indirectly offer their digital currencies to investors through publicly traded stocks. However, the rapid growth of the sector has some experts worried. Critics warn that DATs could
President Donald Trump’s embrace of crypto, paired with his return to the White House, has fueled enormous profits for his family—north of $1 billion to date, his son Eric Trump said. A Financial Times investigation found that President Trump and his family’s crypto businesses have profited $1 billion pre-tax. When asked if the calculations were
As part of a partnership between BEEAH and The Hashgraph, the Hedera-backed IDTrust platform will first be implemented internally for employee and partner identity management. The deployment positions BEEAH as a MENA leader in decentralized identity solutions, demonstrating Hedera-powered secure digital authentication. Swiss-based Web3 technology engineering company, The Hashgraph Group (THG), which is also part
