Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes
Alibaba has laid off employees at its metaverse unit, Yuanjing, reflecting a broader industry trend of waning interest in metaverse projects by large...
Colorado Resident Loses $6,000 in Bitcoin to Phone Scammer
A Keystone resident lost $6,000 in bitcoin in a phone scam in which a scammer claimed the victim had missed jury duty. The...
Latam Insights Encore: Brazil’s Stablecoin Remittance Tax Is Doomed From the Start
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition,...
UK Pension Scheme Embraces Bitcoin, Marking a Historic Leap Into Crypto
A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth...
US Dollar’s ‘Death Warrant’? BRICS Power Play Revealed by Russian Officials
The U.S. dollar has been wielded as a “weapon of oppression,” a Russian official argues, accelerating its decline as the world’s reserve currency...
Dangerous Explosion Looms: Medvedev Warns of US Dollar’s Inevitable Collapse
A U.S. dollar collapse would trigger catastrophic global upheaval, warns Dmitry Medvedev, describing a looming “explosion” with grave consequences for the entire world...
$3M Bitcoin Forecast: Vaneck’s Model Sees Central Bank BTC Adoption
Bitcoin could reach $3 million, according to asset manager Vaneck, with a model showing its potential as a reserve asset held by global...
Analysts Double Down on $200K Bitcoin Amid Trump-Harris Election Clash
Bitcoin’s rise appears unstoppable, with Bernstein projecting a $200,000 target for 2025, undeterred by potential market volatility from the upcoming U.S. election. Bernstein’s...
Shocking Exposure: Coinbase Uncovers 20 Shameful Regulator Moves Against Crypto
Newly surfaced documents reveal over 20 cases where regulators allegedly pressured banks to halt crypto services, raising concerns of a covert crackdown on...
Bitcoin Going Higher Irrespective of Election Outcome: Scaramucci’s Insight Goes Beyond 2024
Bitcoin’s price is set to rise regardless of the 2024 election outcome, says Anthony Scaramucci, though Trump’s deregulation could provide a short-term boost....