Bitcoin In a surprising shift, longtime Bitcoin critic Peter Schiff has acknowledged an unexpected use case for the cryptocurrency—albeit with a touch of irony. In a tweet posted on May 14, Schiff referenced Jim Chanos, the famed short-seller, who reportedly bought Bitcoin to hedge his short position in MicroStrategy ($MSTR), a company known for its … Read more
Cryptocurrencies, precious metals, and equities all slipped today after an energetic rally that carried markets higher over the past week and a half. Signs of fatigue are emerging, with momentum stalling across several asset classes. Meanwhile, bitcoin dropped to a mid-day low of $102,622. Markets Begin to Lose Steam BTC touched $102,622 during Wednesday’s mid-day … Read more
Regulations Three top-ranking House Democrats are calling on the U.S. Treasury to turn over all Suspicious Activity Reports (SARs) tied to Donald Trump’s crypto ventures, Elon Musk’s America PAC, and GOP fundraising platform WinRed, citing potential fraud, bribery, and predatory fundraising practices. Reps. Gerald Connolly, Joe Morelle, and Jamie Raskin—ranking members of the House Oversight, … Read more
Pixelmon, the Pokémon-inspired crypto franchise, has made waves by signing an exclusivity deal with Avalanche to launch its new mobile games. This partnership signifies a strategic shift as Pixelmon seeks to expand its reach in the gaming ecosystem while leveraging Avalanche’s robust technology. “Avalanche has demonstrated real gaming traction,” CEO Giulio Xiloyannis noted, highlighting the … Read more
Metaplanet Inc. widely recognized as Japan’s leading Bitcoin treasury company, has reported its strongest quarter to date for Q1 FY2025, marked by record operating profit and a significant expansion of its balance sheet. Metaplanet Q1 Financials released: – Revenue: ¥877M (+8% QoQ) (88% from BTC Income Generation business)– Operating Profit: ¥593M (a new company record)– … Read more
Topline Qatar Airways will buy 210 jets from Boeing, the companies announced Wednesday during President Donald Trump’s visit there, as Trump is expected to accept a $400 million jet from the country, despite bipartisan criticism of security and conflict-of-interest concerns. Qatar’s Emir Sheikh Tamim bin Hamad al-Thani (R) receives US President Donald Trump in the … Read more
This content is provided by a sponsor. As 2025 persists, blockchain advancements remain resilient disruptors within the financial industry. With the sector’s digital district maturing, several cryptocurrency innovators are worthy of recognition for developing these dynamic platforms and protocols. Whether they’ve trailblazed decentralized finance (DeFi) ecosystems or launched international multimedia conglomerates, the most prestigious crypto … Read more
Biography and Background Peter David Schiff was born on March 23, 1963, in New Haven, Connecticut. The son of Irwin Schiff, a controversial tax protester and author, Peter grew up surrounded by economic debate and anti-establishment views. His father’s libertarian philosophy and battles with the IRS left an indelible mark on Peter, shaping his skepticism … Read more
Coinbase CEO Brian Armstrong isn’t just celebrating his company’s inclusion in the S&P 500—he’s forecasting a major shift in the way Americans invest for retirement. In an interview with CNBC following the May 12 announcement, Armstrong stated that cryptocurrencies like Bitcoin are “going to be a part of everyone’s 401(k).” JUST IN – Coinbase CEO … Read more
Tether announced on May 14 the launch of its upcoming QuantumVerse Automic Computer (QVAC), a development platform for Infinite Intelligence. The firm said that QVAC enables highly scalable AI applications and agents to run directly on local devices without dependence on centralized services and cloud infrastructure. The company also plans to introduce its first AI … Read more