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The Weekly

BNY Mellon Engages With Regulators, Fed’s 50bps Cut Triggers Crypto Inflows, and More — Week in Review

BNY Mellon Engages With Regulators, Fed’s 50bps Cut Triggers Crypto Inflows, and More — Week in ReviewBNY Mellon is working closely with regulators to offer large-scale crypto custody services. Coinshares reported $321 million in digital asset inflows, driven by the Fed’s 50bps interest rate cut. Robert Kiyosaki predicts Bitcoin could reach $500K by 2025 and $1M by 2030, citing global financial instability risks highlighted in an upcoming book by Jim Rickards. […]

Samson Mow Breaks Down Reality of Trump’s Crypto Reserve: Altcoin Free-for-All Incoming?

Fed’s Rate Cut Could Spell Disaster, Microstrategy Buys More Bitcoin, and More — Week in Review

Fed’s Rate Cut Could Spell Disaster, Microstrategy Buys More Bitcoin, and More — Week in ReviewPeter Schiff has warned that the Federal Reserve’s rate cut will lead to economic disaster. Microstrategy, continuing its bitcoin acquisition strategy, plans to buy more bitcoin after raising $1.01 billion from a private offering. A bitcoin investor faces up to three years in prison for underreporting cryptocurrency gains. El Salvador’s President Nayib Bukele announced a […]

Samson Mow Breaks Down Reality of Trump’s Crypto Reserve: Altcoin Free-for-All Incoming?

Top 10 L1 Chains, Hamster Kombat Token Airdrop Performance, and More — Week in Review

Top 10 L1 Chains, Hamster Kombat Token Airdrop Performance, and More — Week in ReviewData highlighted the dominance of the top 10 layer one blockchains, collectively valued at $1.66 trillion. In Russia, financial analyst Vladislav Antonov projected growth for the Hamster Kombat token post-airdrop. Meanwhile, China and Russia’s payment flows are under strain due to new sanctions targeting Chinese firms aiding Russia’s war effort. India’s HDFC Bank introduced enhanced […]

Samson Mow Breaks Down Reality of Trump’s Crypto Reserve: Altcoin Free-for-All Incoming?

Telegram CEO Arrested, Coinbase CEO Bullish on Crypto Payments, and More — Week in Review

Telegram CEO Arrested, Coinbase CEO Bullish on Crypto  Payments, and More — Week in ReviewThe arrest of Telegram CEO Pavel Durov in France has sent shockwaves through the crypto community. Coinbase CEO Brian Armstrong expressed optimism about the future of crypto payments, predicting it as the next big boom driven by advancements in technology. The SEC has issued a Wells notice to Opensea, potentially classifying NFTs as securities. Economist […]

Samson Mow Breaks Down Reality of Trump’s Crypto Reserve: Altcoin Free-for-All Incoming?

Harris Backs Plan to Tax Unrealized Gains, Kiyosaki Says Prepare for Crash Landing, and More — Week in Review

Harris Backs Plan to Tax Unrealized Gains, Kiyosaki Says Prepare for Crash Landing, and More — Week in ReviewVice President Kamala Harris supports President Biden’s proposal to increase taxes on unrealized gains for the wealthy. Financial author Robert Kiyosaki warns of an impending market crash, urging investments in gold, silver, and bitcoin for safety. Economist Peter Schiff calls for higher interest rates, even at the risk of triggering a recession. Meanwhile, bitcoin ETFs […]

Samson Mow Breaks Down Reality of Trump’s Crypto Reserve: Altcoin Free-for-All Incoming?

Goldman Sachs’ Bitcoin ETF Holdings, Hamster Kombat Rejected VCs, and More — Week in Review

Goldman Sachs’ Bitcoin ETF Holdings, Hamster Kombat Rejected VCs, and More — Week in ReviewGoldman Sachs disclosed substantial holdings of $418 million in bitcoin ETFs in Q2. Hamster Kombat rejected multiple venture capital investments to protect players from becoming exit liquidity. A Nigerian bitcoin proponent filed a lawsuit to overturn the government’s crypto ban. WBTC’s custody change has raised concerns in the defi community. Ripple’s legal chief discussed the […]

Samson Mow Breaks Down Reality of Trump’s Crypto Reserve: Altcoin Free-for-All Incoming?

Kiyosaki on Market Crash, Crypto for Harris, and More — Week in Review

Kiyosaki on Market Crash, Crypto for Harris, and More — Week in ReviewRobert Kiyosaki declared that the much-anticipated market crash has arrived, emphasizing the significant losses and highlighting it as an opportunity for investors to buy assets like gold, silver, and bitcoin at lower prices. The Democrats are engaging with the crypto sector, launching a “Crypto for Harris” initiative to garner support for Vice President Kamala Harris. […]

Samson Mow Breaks Down Reality of Trump’s Crypto Reserve: Altcoin Free-for-All Incoming?

Markets in Freefall, Coinbase Reports Great Q2 Revenue, and More — Week in Review

Markets in Freefall, Coinbase Reports Great Q2 Revenue, and More — Week in ReviewThe U.S. stock market experienced significant declines, and the crypto market fell by 5.82% following a disappointing jobs report, sparking concerns about a potential recession. Meanwhile, Coinbase reported $1.4 billion in Q2 revenue, highlighting growth and regulatory progress in the crypto sector. In Zambia, the central bank aims to enforce the kwacha as the sole […]

Samson Mow Breaks Down Reality of Trump’s Crypto Reserve: Altcoin Free-for-All Incoming?

Kiyosaki Says BTC and Gold Rise if Trump Wins, Spot ETH ETFs Launch, and More — Week in Review

Kiyosaki Says BTC and Gold Rise if Trump Wins, Spot ETH ETFs Launch, and More — Week in ReviewRobert Kiyosaki forecasts significant rises in asset prices, including gold, silver, and bitcoin by August 2025 if Donald Trump is re-elected. The U.S. SEC has approved spot ethereum ETFs, with Blackrock’s Ishares ethereum Trust ETF launching on Nasdaq on July 23, 2024. In Nigeria, the central bank sold dollars to Bureaux de Change to stabilize […]

Samson Mow Breaks Down Reality of Trump’s Crypto Reserve: Altcoin Free-for-All Incoming?

Trump’s Odds of Winning Soar, OTC Volume Surges 95% in H1, and More — Week in Review

Trump’s Odds of Winning Soar, OTC Volume Surges 95% in H1, and More — Week in ReviewFormer U.S. President Donald Trump experienced a surge in prediction market odds for winning the presidential election after an assassination attempt at a Pennsylvania rally. Ripple’s CEO and legal chief celebrated their firm’s landmark legal victory against the SEC, affirming that XRP is not a security. Valentina Matvienko, a Russian Senate leader, discussed the potential […]

Samson Mow Breaks Down Reality of Trump’s Crypto Reserve: Altcoin Free-for-All Incoming?