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How China’s Economic Slowdown Will Transform Global Trade, Expert Insights

How China’s Economic Slowdown Will Transform Global Trade, Expert InsightsChina’s slowing economy is poised to redefine its global trade relationships, particularly with the Global South. Assistant professor Ning Leng of Georgetown University’s McCourt School of Public Policy discussed how these internal economic challenges might prompt China to boost investments in regions like Southeast Asia and Latin America. China’s Economic Shift and Its Global Implications […]

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Robert Kiyosaki Predicts Bitcoin Could Hit $500K by 2025, $1M by 2030

Robert Kiyosaki Predicts Bitcoin Could Hit 0K by 2025, M by 2030Rich Dad Poor Dad author Robert Kiyosaki has shared his expectation that the price of bitcoin could skyrocket to $500,000 by next year and $1 million by 2030. He referenced Jim Rickards’ upcoming book, which warns about the risks AI poses to the global financial system, potentially increasing economic instability. Robert Kiyosaki’s Bold Bitcoin Prediction […]

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Spot Bitcoin and Ether ETFs Record Second Day of Inflows, Leading to Gains

Spot Bitcoin and Ether ETFs Record Second Day of Inflows, Leading to GainsThe spot bitcoin and ether exchange-traded funds (ETFs) experienced a second consecutive day of inflows, as both categories of funds posted gains. On Friday, spot bitcoin ETFs drew in $92 million, while spot ether ETFs collected $2.87 million. Spot Bitcoin ETFs Add $92M as Ether ETFs Navigate Mixed Market Publicly listed, physically settled bitcoin and […]

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Bitcoin Emerges as a ‘Unique Diversifier,’ Says Blackrock’s Latest Report

Bitcoin Emerges as a ‘Unique Diversifier,’ Says Blackrock’s Latest ReportIn a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The financial institution’s report also discusses bitcoin’s growing appeal among institutional investors. Blackrock Report Sees Bitcoin as a Key Asset for Long-Term Portfolio Diversification Blackrock, the […]

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SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors

SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive InvestorsThe U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first SEC enforcement actions against such scams. SEC Targets Crypto Scams in Latest Enforcement Action […]

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What ‘far-fetched’ scenarios could still send Bitcoin price to $0?

Despite some dedicated critics saying otherwise, Bitcoin hitting $0 is extremely unlikely due to its strong global community, established infrastructure and historical resilience.

Bitcoin has experienced plenty of ups and downs since creator Satoshi Nakamoto released its white paper in 2009, with more than a few doomsayers predicting a drop to $0 during every correction or bear market.

Legendary investor Warren Buffett and stockbroker Peter Schiff are arguably two of the loudest voices criticizing Bitcoin (BTC) and predicting its downfall.

However, they may never get their wish because it might not even be possible for Bitcoin to reach a value of $0.

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Tether Invests $100 Million in Latam’s Agricultural Giant Adecoagro

Tether Invests 0 Million in Latam’s Agricultural Giant AdecoagroTether, the USDT stablecoin issuer, has acquired 9.8% of Adecoagro, a Latin American-based agricultural giant. In a move described by Argentine media as surprising, the company invested $100 million to diversify its investments in the agricultural and food sectors. Adecoagro, valued at over a billion dollars, has a direct presence in Argentina, Brazil, and Uruguay. […]

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UBS: European Real Estate Markets Enter New Cycle

UBS: European Real Estate Markets Enter New CycleUBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators pointing to stabilization. “A new cycle starts,” the report said, as investment volumes show signs of bottoming out. After a period of inflation and rising interest rates, the UK saw a 6.5% quarter-on-quarter growth in […]

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Binance Kazakhstan Receives Formal Consent for Regulatory License

Binance Kazakhstan Receives Formal Consent for Regulatory LicenseBinance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The approval followed rigorous evaluations, including financial audits and ISO certifications. Once licensed, Binance will manage virtual assets, offer custody services, and conduct […]

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Celebrities boost crypto projects but don’t guarantee legitimacy

In some cases, celebrity backing for a crypto project is a red flag because it’s a scam ad made by criminals. 

Celebrity backing can make a big difference in the success of a crypto project, but that doesn’t mean the endorsement of a famous person makes it trustworthy. 

According to a 2023 research paper by two former United States Securities and Exchange Commission economists, Joshua White and Sean Wilkoff, there is a link between a celebrity endorsement of a crypto project and the likelihood of its dubiousness. 

During their research, White and Wilkoff found that in 2019, 26% of the initial coin offerings (ICO) they examined were likely scams. That number increased to nearly 40% by 2023. 

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