Tesla’s Initial Bitcoin Bet and Subsequent Sale Tesla, led by CEO Elon Musk, invested $1.5 billion in Bitcoin in early 2021, aiming to capitalise on Bitcoin’s long-term potential and diversify its cash. Musk’s support for Bitcoin online, including adding “#bitcoin” to his Twitter bio, led to a 20% price increase in the cryptocurrency. This investment…
Trump’s Crypto Task Force Readies Key Report President Donald Trump’s crypto task force has completed its comprehensive 180-day review of digital asset policy, culminating in a highly anticipated report set for public release on July 30. This marks the culmination of a six-month window for the newly formed Presidential Working Group on Digital Asset Markets.…
Mutuum Finance: A New Paradigm in Crypto Lending This summer’s most anticipated decentralised finance (DeFi) token, Mutuum Finance (MUTM), is not merely creating a buzz; it is actively establishing a new category for crypto lending. Priced at an accessible $0.03, Mutuum Finance is rapidly drawing significant investor attention for all the right reasons. Early presale…
Donald Trump’s political resurgence last fall was significantly fueled by younger men, a demographic he actively courted through various online platforms. However, there are growing signs that some of the most influential voices within the “manosphere”—a collection of male comedians, pranksters, streamers, and right-leaning influencers—are now expressing doubts and even regret regarding his second term.…
Bitcoin Price Drops Following Legislative Setback Bitcoin fell to $116,516, down 2.8% on the day, following the failure of crypto-related legislation to pass a key procedural hurdle in the U.S. House. Optimism had been building around potential congressional progress on crypto regulation, but the rejection deflated market sentiment. The intraday high of $120,481.86 highlighted just…
$90 Billion Investment in AI and Energy Announced President Donald Trump unveiled over $90 billion in new investments during the Inaugural Energy and Innovation Summit held at Carnegie Mellon University. The announcement includes major funding from top U.S. firms to bolster AI infrastructure and energy development. This investment aims to transform the U.S. into a…
The Resurgence of Meme Tokens The cryptocurrency market is once again buzzing with activity, particularly within the vibrant and often unpredictable meme token sector. Recent movements indicate a strong resurgence, with Dogecoin at the forefront of a significant rally that has seen various meme-inspired digital assets experience remarkable gains. This surge is not isolated but…
Bitcoin Price Update: Still Holding Above $117K Bitcoin is maintaining its position around $117,000, holding steady after its recent all-time high. Despite minor pullbacks, the price remains resilient, thanks to strong support levels and continued bullish sentiment. Analysts note that consolidation at these highs often precedes a potential breakout. The current trading environment shows fewer…
Fundraiser Raises Millions for DNC and Local Races Former President Barack Obama made a significant return to the political stage during a private Democratic fundraiser held in Red Bank, New Jersey. Hosted by New Jersey Governor Phil Murphy and First Lady Tammy Murphy, the high-level dinner event attracted both in-person attendees and online supporters. According…
Record-Breaking Momentum for Bitcoin Bitcoin broke past the $120,000 mark for the first time, signaling renewed investor enthusiasm as the US House of Representatives launches “Crypto Week.” The cryptocurrency surged to as high as $123,205 before settling around $121,600, gaining 3.4% in early Monday trading in New York. Ether and other major altcoins, including XRP…
