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Economist Peter Schiff warns of economic downturn and soaring inflation in 2024 Economist Peter Schiff has recently shared his predictions for the year 2024, painting a grim picture for the U.S. economy. In a series of posts on social media platform X, Schiff emphasized that not only will the economy crash into a recession, but […]

Tether's Growth and Market Cap Tether CEO Paolo Ardoino recently reflected on the growth of the company and celebrated its current standing. Tether's USDT stablecoin has achieved a remarkable $91.5 billion market cap across multiple blockchains. Additionally, the company holds $4 billion in excess reserves and has made strategic investments in mining, energy, and artificial

The Pancakeswap community has recently made a significant decision to reduce the total supply of CAKE tokens by 300 million. With an overwhelming majority of 97.88% in favor, this governance vote aims to decrease the total supply from 750 million to 450 million CAKE tokens. Background of the Vote On December 21, 2023, a governance

Ricardo Spagni Urges Binance to Support Privacy Coins Ricardo Spagni, the former lead maintainer of Monero, one of the most widely used privacy coins in the cryptocurrency market, is urging Binance to take a stance on the issue of privacy coins. Spagni believes that Binance's neutrality is doing a disservice to the entire industry and

DOJ Drops Second Trial against Sam Bankman-Fried On December 29, 2023, after 6 p.m. Eastern Time (ET), the Department of Justice (DOJ) made the decision to not proceed with a subsequent trial against Sam Bankman-Fried, the former CEO of FTX. This update was disclosed by Matthew Russell Lee of the Inner City Press, who shared

Decentralized Finance (Defi) Sees Impressive Growth Over the past year, decentralized finance (defi) has experienced a significant recovery, with both the total value locked (TVL) and token valuations soaring in 2023. In April 2022, defi protocols held approximately $163 billion TVL, but by January 2023, this amount had declined to $38.30 billion. However, these indicators

Introduction Robert Kiyosaki, the famous author of Rich Dad Poor Dad, has recently shared insights into how he made the majority of his wealth. He believes that the future of stock and bond markets lies in resources, rather than the traditional Silicon Valley technology startups. Kiyosaki predicts that resources will be "the coming boom in

Bitcoin Reigns Supreme in 2023, Outpacing Ethereum in Several Metrics In the past year, bitcoin has established its dominance over ethereum in various important aspects. The value of ether has experienced a decline of 27.65% compared to bitcoin's price since the beginning of the year. It has dropped from 0.073 ether to its current level

The Crypto Market Overview Over the past week, both bitcoin and ethereum have seen slight declines, ranging from 1.8% to 3.6%, when compared to the U.S. dollar. However, amidst these declines, several crypto assets have showcased impressive double-digit growth. Notably, internet computer (ICP), helium (HNT), bonk (BONK), and woo network (WOO) have emerged as the

Bank of China Completes First Cross-Border Precious Gold Transaction With Digital Yuan The Bank of China's Shanghai branch has made history by successfully completing the first settlement of precious metals using the digital yuan. This groundbreaking transaction took place on December 19 and involved the Shanghai Gold Exchange closing a $14 million precious metal trade