Billion-Dollar Lobby: With industry-backed political parties raising over $263 million to influence the midterm elections next year, cryptocurrency has gone from being an outsider to an insider in Washington. The industry, which was once written off as a fringe movement, is now among the biggest donors to political campaigns in the US capital. Political action … Read more
Razzlekhan: Using a series of humorous social media postings, rapper and notorious cryptocurrency thief “Razzlekhan” highlighted her comeback to the limelight. Commentary about bath time On October 27, Morgan spoke straight out of the shower to X’s social media followers: “I would like to thank Papa Trump for reducing my 18-month sentence.” “Shout-out to papa Trump.” … Read more
Trump Issues Pardon: A group of seven Democratic senators, led by Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.), has called on Attorney General Pam Bondi and Treasury Secretary Scott Bessent to release detailed information surrounding President Donald Trump’s controversial pardon of Changpeng “CZ” Zhao, the billionaire co-founder of cryptocurrency exchange Binance. In a sharply worded letter published Tuesday, the lawmakers questioned whether Trump’s personal business relationships and … Read more
POWELL’S PIVOT: Bitcoin prices tumbled on Wednesday after U.S. Federal Reserve Chair Jerome Powell signaled that another interest rate reduction in December was “far from a foregone conclusion,” sparking volatility across global markets. During his post-meeting press conference, Powell’s cautious remarks contrasted sharply with investor expectations for a continued easing cycle. The comments came shortly after the Federal Open Market Committee … Read more
Powell’s December Shock: In line with previous guidance and market expectations, the U.S. Federal Reserve lowered its benchmark interest rate by 25 basis points, setting a new target range of 3.75%–4.00%. The decision, widely anticipated by analysts, reflects the central bank’s continued attempt to balance inflation concerns with slowing economic growth. However, the financial markets … Read more