Cryptopolitan brings to the community breaking events involving top leaders, all major news, and significant disruptions in the Crypto and Blockchain industry.
Strive Asset Management Files for Bitcoin Bond ETF With SEC
Strive Asset Management, led by Vivek Ramaswamy, is filing with the SEC on its “Strive Bitcoin Bond ETF.” Exposing investors to the convertible bonds by MicroStrategy with a more crypto-friendly regulatory landscape with Trump admin. The firm offering less volatile access to Bitcoin also holds U.S. Treasuries for liquidity.
Strive Bitcoin Bond ETF
Strive Asset Management, run by Vivek Ramaswamy, is filing with the SEC on a “Strive Bitcoin Bond ETF.” The 485A filing suggests investment landsca
Dollar’s Reign Endures Even As U.S. Spends $4B Daily to Pay Interest Rates on National Debt
The United States is hemorrhaging money—$4 billion every single day to be exact—just to pay the interest on its $33 trillion national debt. That’s $166 million an hour, $2.7 million every minute, and a mind-numbing $45,000 a second.
It’s a figure so obscene yet it’s the reality of America’s financial position. This reckless spending has pushed the U.S. Debt-to-GDP ratio to 121%, a level not even reached during World War II. In comparison, it was just 60% in 2008, back when the Great Recession f
Is Microsoft Harassing Users With AI Assistant Copilot?
Microsoft is not asking for your permission to integrate its AI assistant Copilot into your life—it’s just doing it. The company recently forced Copilot onto Microsoft 365 users in Australia and parts of Southeast Asia. And as if the decision wasn’t irritating enough, they slapped a price hike on top of it.
In these regions, Microsoft 365—known for Word, Excel, and PowerPoint—now includes Copilot whether customers want it or not. Users like Alistair Fleming, a YouTuber in Australia, are discove
US Stocks Tumble As Bitcoin Remains Stuck At $95k. Is the Santa Rally Already Over?
Wall Street’s so-called Santa Claus rally seems to have tripped over its own feet, while Bitcoin, the supposed king of volatility, is just sitting there like a lump, stuck at $95,000. Is this how we’re ending 2024? Flat stock performance, stagnant Bitcoin, and investors gnawing on their nails instead of celebrating a year-end windfall?
The Dow barely scraped together a gain of 0.04%, the S&P 500 dipped by 0.02%, and the Nasdaq went completely nowhere. Treasury yields? Through the roof. The 10-y
KULR Technology Group, Inc., an NYSE-listed company, has taken a shift in its treasury management by investing $21 million in Bitcoin by buying 217.18 BTC at an average price of $96,556.53.
The purchase is the start of a strategy to put up to 90% of the company’s surplus cash into cryptocurrency, as pioneered by industry leaders like MicroStrategy, and also it represents a larger corporate trend toward embracing digital assets.
Bitcoin transactions have risen significantly over the last two years, and with that increase, private transactions, especially CoinJoin transactions, have tripled. While some attribute the rise of CoinJoin transactions to hackers laundering funds, others point to increasing whale accumulation.
The bitcoin market has seen a major shift in the behavior of transactions. So-called CoinJoin private transactions have tripled, according to data from CryptoQuant.
Bonk DAO Burns 1.69T Tokens, Bringing the Supply Down to 91T
Bonk DAO voted in favor of another decrease in the token’s supply. The community gathered 1.69T tokens, which were burnt from the DAO’s multi-sig wallet.
Bonk (BONK), one of the leading Solana meme tokens, decreased its supply by 1.69B tokens after a community vote. The token burn by Bonk DAO aims to further decrease the supply and spark value growth for BONK.
The token burn further limits the supply down to 91T from an initial creation of 100T tokens. The burn was achieved in a single Solan
The investment giant, BlackRock is doubling down on US Bitcoin exchange-traded funds (ETFs) holdings. In a Securities and Exchange Commission (SEC), its Global Allocation Fund reported a 117% increase in IBIT shares as of October 31. Bitcoin and Ether ETFs have logged record inflows after Donald Trump’s Presidential election win.
Since the beginning of October, Bitcoin’s price has surged from $60,000 to $106,000. BTC is up by more than 45% in the last 90 days. However, BlackRock’s IBIT recorded
Jupiter to Award 200M JUP As Variable Rewards and Incentives During Jupuary Airdrop
The long-awaited Jupuary airdrop by Jupiter DEX aggregator revealed its incentive structure. A total of 700M JUP will go toward both old and new ecosystem participants.
Jupiter, the leading DEX aggregator on Solana, announced the structure of its Jupuary reward and incentive system. The event will distribute 700M JUP in early January, after a discussion about incentivizing older holders versus new users.
The latest distribution schedule will grant 500M JUP on a fixed basis per wallet. The re
Is Russia Planning to Replace the US Dollar With Bitcoin?
Bitcoin and BRICS are considered to be helpful for reducing Russian dependence on the US dollar. Russia began international dealings through Bitcoin. Russia trusts digital currencies to make inter-nation trade easier in ways that can protect it from US sanctions and give greater control over global trade with and over the US dollar.
Russia has been trying to wean itself off the US dollar, especially due to international sanctions from the United States. This makes it challenging for Russia to d
Can Lightchain AI Rise 18,985%? Why Everyone Is Talking About the Ripple (XRP) and Cardano (ADA) ...
The crypto market is heating up, and all eyes are on the Lightchain AI (LCAI) Presale, offering early adopters the chance to get in at just $0.003 per token.
With projections of an incredible 18,985% ROI by 2025, LCAI is positioned to outpace major players like Ripple (XRP) and Cardano (ADA).
Combining cutting-edge artificial intelligence with blockchain technology, LCAI isn’t just another altcoin—it’s a game-changing disruptor. Don’t miss the opportunity to be part of this revolution during t
XAI Secures an Additional $6 Billion From A16z, Nvidia, QIA, and Others
In a series C investment round, Elon Musk’s artificial intelligence venture xAI raised $6 billion. This adds to the $6 billion chunk xAI raised in May, making the total cash raised $12 billion.
During the week, xAI revealed that Andreessen Horowitz (a16z), Blackrock, Fidelity, Nvidia, AMD, Lightspeed, Morgan Stanley, Valor Equity Partners Sequoia Capital, and Vy Capital took part in the investment round.
Other heavy players from the GCC region joined the investment round as well. These inclu
US Stock Market Pushes 10-year Yields Up 100bps Despite Fed Rate Cuts
The U.S. stock market seems determined to defy the Federal Reserve. While the Fed has cut interest rates by a total of 100 basis points since September, the yield on the 10-year Treasury note skyrocketed by the exact same amount.
Yields now sit at 4.60%, up from 3.60%, defying the Fed’s efforts and leaving analysts scratching their heads. This is the sharpest disconnect between market moves and Fed policy in history. The 10-year yield is now at its highest since May, proving once again that rat
GameStop, MicroStrategy, and Coinbase Stocks Among Top Performers Today
The US stock market seems to be reviving after a period of intense sell-off, courtesy of the Federal Reserve. GameStop (GME) popped more than 4% today, extending their winning streak to four straight days.
This comes after a Christmas post by retail investor icon Keith Gill “Roaring Kitty” that sent the stock soaring, continuing its wild 2024 run.
The video game retailer has skyrocketed over 77% this year, making it one of the most watched stocks in the market right now. The surge has caught t
Bonk Plans Record 1.69t Token Burn ($55m) Post Successful BURNmas
The Solana-based meme coin BONK is preparing for a burn of 1.69 trillion tokens, valued at approximately $55 million. This is following its successful BURNmas campaign.
The community-driven initiative, marking Bonk’s second anniversary, exceeded initial expectations despite recent price volatility. While BONK’s price has declined 7.5% in the past 24 hours and 25% over the last month, the upcoming burn represents a milestone in the project’s tokenomics management.
Beverly Hills Man Faces 6 Counts of Crypto Scams Involving Over $22 Million
A Beverly Hills man is facing six counts of cryptocurrency crimes, which resulted in investors losing over $22 million worth of cryptocurrency.
The 23-year-old Gabriel Hay allegedly connived with another fellow – Gavin Mayo of Thousand Oaks, also 23 years of age, to perpetrate a scheme that defrauded investors of their monies. This represents one of the many cases where cryptocurrency and other digital assets are used to perpetrate crime.
Blockchain Realities Threaten Trump’s “Made in USA” Bitcoin Promise
Donald Trump’s “Made in USA” Bitcoin pledge is hitting the hard wall of blockchain reality. Back in June, the ‘crypto president’ posted on Truth Social that he wanted all remaining Bitcoin to be mined in the United States.
The announcement came after a high-profile meeting at Mar-a-Lago with major U.S. crypto miners.
“VOTE FOR TRUMP! Bitcoin mining may be our last line of defense against a CBDC. Biden’s hatred of Bitcoin only helps China, Russia, and the Radical Communist Left. We want all the
Vitalik Buterin’s 10 Million THB Donation Leads 70% MOODENG Surge
Ethereum co-founder Vitalik Buterin donated 10 million Thai baht to Thailand’s Khao Kheow Zoo. The donation to adopt Moo Deng, a pygmy hippo sparked a 70% surge in MOODENG’s price.
The MOODENG token saw a recent price jump due to a donation from Ethereum co-founder Vitalik Buterin. Following the announcement of the donation, MOODENG’s price rose by over 70%, and its trading volume also increased by 380% in just a matter of hours.
Survey Finds Most Investors Believe Trump Will Be Good for Markets and Economy
According to CNBC’s latest Delivering Alpha Stock Survey, 71% of respondents believe Trump’s presidency will be a boon for the economy and financial markets. Meanwhile, 29% aren’t so sure. But it’s clear that his pro-business rhetoric and big promises have struck a chord with the majority of investors.
The survey also showed a surprising level of trust in Trump’s ability to navigate the complexities of artificial intelligence. More than half—57%—of those polled expressed confidence in how Trump