Cryptopolitan brings to the community breaking events involving top leaders, all major news, and significant disruptions in the Crypto and Blockchain industry.
Tether Expects Over $10 Billion in Net Profits for 2024, Plans Major AI Investments
Tether Holdings expects to make over $10 billion in profits for 2024, by the growing demand for its stablecoin, USDT. The company has also made successful investments in areas like gold and U.S. Treasuries. Looking ahead, Tether plans to invest in AI.
Tether’s 10 billion profit
Tether Holdings, the world’s largest stablecoin issuer, expects to make over $10 billion in profits for 2024. This comes as a demand for Tether’s stablecoin. As USDT, has grown along with the rise of Bitcoin and other c
Analysts Predict This Emerging Altcoin Could Outperform Major Cryptocurrencies in 2025
Analysts predict that Lightchain AI (LCAI), an emerging altcoin, could outshine major cryptocurrencies by 2025. With its innovative Proof of Intelligence (PoI) consensus and Artificial Intelligence Virtual Machine (AIVM), LCAI seamlessly merges AI with blockchain, creating a scalable and transparent ecosystem.
Currently in its presale phase at just $0.003 per token, LCAI offers early investors a unique opportunity to join a project positioned for explosive growth. This could be the next big lea
Avoid Selling These 3 Tokens Too Early During Altcoin Season for Maximum Profits
As altcoin season heats up, savvy investors know that timing is everything to maximize profits. Among the tokens you’ll want to hold onto are innovative projects like Lightchain AI (LCAI), which is redefining the blockchain space with cutting-edge technology.
Featuring its revolutionary Proof of Intelligence (PoI) consensus and Artificial Intelligence Virtual Machine (AIVM), LCAI stands out as a game-changer in decentralized AI. Currently priced at just $0.003 in its presale, this token, along
Overheated Stocks and Crypto Pull Back As Volatility Surge Threatens Bull Market
Wall Street has been anything but calm this week. Stocks took a beating, crypto markets stumbled, and volatility came back swinging like it owned the place.
The S&P 500 plunged 3% midweek after the Federal Reserve dropped a mixed bag of updates, leaving traders scrambling to figure out what comes next. Friday’s 1.1% rally offered a little relief, but it didn’t even scratch the surface of the damage. Bitcoin managed to recover from its slump to $95,000 as is now sitting around $97,000.
What’s New for Ciri in the Witcher 4? Developers Reveal Key Details
The Witcher 4 developers CD Projekt Red have announced changes to Ciri’s abilities. Her teleportation powers and ability to zip around will be drastically toned down or completely removed.
Ciri will have new strengths in The Witcher 4. This includes full access to Trial of the Grasses potions and even more advanced magic combat abilities than Geralt’s signs.
In an interview with GamesRadar, executive producer Małgorzata Mitręga discussed new adjustments to Ciri’s skills. “If you’re asking me w
MicroStrategy Expands Board, Appoints Ex-Binance US CEO Brian Brooks
Business analytics software firm MicroStrategy has expanded its board, adding three new directors, including former Binance US CEO Brian Brooks. The appointment became public through the company filing of an 8-K with the Securities and Exchange Commission.
With the move, MicroStrategy now has nine board members instead of the previous six. In addition to Brooks, the Bitcoin treasury-denominated firm also added Jane Dietze and Gregg Winiarksi to its board. Dietze is the chief investment officer
Nigeria SEC to Unveil New Laws to Regulate Crypto Influencers
The Nigerian Securities and Exchange Commission (SEC) has announced new laws that will regulate the practices of crypto influencers in the country. This new regulation represents an update to the previous rules governing the industry. Per the new development, all crypto platforms must obtain a license from the body before they can carry out any promotional activities. This includes promotion across TV, radio, social media, and other print media.
Tether Makes $775M Bet on Rumble to Challenge YouTube’s Dominance
Tether has made a bold partnership by investing $775 million into Rumble, a video-sharing platform and cloud services provider. Rumble is the closest competitor to YouTube and is famous for its uncensored content.
Rumble will use $250 million of the money to support operations and the remainder to fund a tender offer for up to 70 million shares of its common stock at a price of $7.50, according to a Friday evening press release. That $7.50 is the same price per share Tether is paying for its st
Can Bitcoin Remain True to Cypherpunk Ideals? Here’s What Peter Todd Suggested
The debate about Bitcoin remaining faithful to its cypherpunk principles has heated up, as critics claim that its potential for decentralization and anti-control is disappearing. Meanwhile, Peter Todd, one of the coin’s developers, suggests “tail emission” as an alternative.
The basis of the cypherpunk movement underlines strong cryptography and privacy tools to protect individual rights and promote a decentralized society. It combines the word “cypher” as in encryption, with “punk” as a symbol
Crypto Companies Fund Trump’s Inauguration in Millions: Strategic Investment or Regulatory Favori...
Cryptocurrency companies are making significant financial contributions to Trump’s inauguration, with major figures like Ripple, Kraken, and Coinbase leading the way. However, there are questions about the nature of these multi-million-dollar donations, whether they are strategic moves or borderline bribery.
Cryptocurrency companies are donating a lot of money to President-elect Donald Trump’s upcoming inauguration, with big names like Kraken, Coinbase, and Ripple pitching in. The crypto indust
BitMEX’s Arthur Hayes Dumps $8.4 Million in ENA Hours After Posting ‘Ethena Is Impressive’
Arthur Hayes, former CEO of BitMEX and one of crypto’s most infamous market players, just pulled off a move that has the entire community talking. He dumped $8.4 million worth of Ethena’s ENA tokens on Binance, just two hours after praising the project in a tweet.
Between November 26 and 28, Arthur quietly built up a position of 16.79 million ENA tokens at $0.67 per token, worth $11.21 million at the time. And now, he’s cashing out while the token sits at $0.7015, netting a tidy profit of $7.7
XRP Whale Activity During Market Correction Pushes the Coin 13% Up – $4 Market Price in Sight?
XRP has experienced a significant downturn in recent days, shedding over 17% of its value since Tuesday. Despite this sharp decline, key on-chain data from Santiment highlights that whales are capitalizing on the dip.
According to Santiment data, large holders have accumulated an additional 110 million XRP in the last day, signaling strong confidence in the asset’s potential.
XRP whale purchases – Source: Santiment
The activity of whales during XRP’s price drop suggests a calculated approac
Robert Kiyosaki Warns the Market, Highlights the Best Assets for Investment
Famous Rich Dad Poor Dad author Robert Kiyosaki has made a new declaration concerning the financial market. In his latest post, he went after the United States government spending and the Federal Reserve, while praising Bitcoin as usual. In his post, Kiyosaki warned the financial market like he has always done, but this time revealing new things.
In his post on X, Kiyosaki shot straight to the point, saying he does not trust the United States government. He discussed the excess spending that th
Trump Might Not Be Able to Fire Powell but He Can Remove Everyone Else At the Fed
We’ve all got it by now that President Donald Trump can’t fire Federal Reserve Jerome Powell. But the rest of the board? They’re fair game. And he knows it. So do they, which is why some are reportedly already looking for help to keep their jobs.
The Federal Reserve Board is made up of seven members, each appointed by the President and confirmed by the Senate. With many Biden appointees in key positions right now, Trump might see it fit to clean house.
Pro-XRP Lawyer Says Elon Musk D.O.G.E. Department Is Necessary, in a New War With SEC’s Lawyers
Pro-Ripple (XRP) attorney and Republican John Deaton shared a TikTok video on his X account, which featured American comedian Jon Stewart raising the alarm over the US Department of Defence’s “unmonitored” spending. Deaton quoted the video, saying it is why Elon Musk-led D.O.G.E. is “necessary.”
Stewart highlighted the disconnect between the Pentagon’s budget and the realities faced by service members. “We got out of 20 years of war, and the Pentagon got a raise,” Stewart remarked. “I can’t fig
Canada’s Retaliation to Trump’s Tariffs and Takeover Threats Could Be Lethal
The tension between Canada and the United States has hit a boiling point. President Donald Trump is back on his favorite stage (Twitter) throwing out threats of a 25% tariff on Canadian goods and even ridiculously suggesting that Canada should become the “51st state.”
In response, Canada is preparing to strike back hard. Its retaliation could be devastating for the US economy, leaving the world’s largest trading partnership in ruins.
AI16Z Up 38000% Since Launch: How This ICO Predicted the Future
Memecoins have evolved. The days of just sticking an animal on something and hoping for 100x are slipping away. Now we have coins like ai16z, posting 38000% gains and sitting at well above the half-billion mark in valuation.
These AI memecoins have risen from nowhere in essentially a couple of months to hit a multi-billion market cap. Of course, Vantard knew this would happen. And that’s been driving Vantard’s ICO to over $960k in funds raised. Here’s how.
Only a Few Weeks Left to Buy Before Listing: IDEGEN Up 54,991%
If you’re not excited right now there’s something wrong with you. New year, new bull run, and a new narrative in the form of AI meme coins are tearing up the cryptosphere right now.
With $5.7m raised, and investors seeing 54,991% from its presale alone, iDEGEN is flexing hard. And it’s ready to give all the square meme coin doubters the middle finger when it lists on DEX in early January.
iDEGEN may just be the maddest thing this sector has seen in 2024. And for crypto, that’s saying somethin
Bitcoin Price Surges to $99K Hours After Record Bitcoin ETF Outflow
Bitcoin’s price surge toward the $100,000 mark on December 20 appeared bittersweet for investors in the US spot Bitcoin exchange-traded funds (ETFs). While Bitcoin briefly exceeded $99,000 earlier in the day, the positive price movement contrasted sharply with the net outflows from Bitcoin spot ETFs, which saw a significant drain of capital.
Monday began on a positive note for Bitcoin (BTC) investors, with the cryptocurrency’s price rising from around $101,000 to surpass $108,000 by Tuesday, ma