Crypto News
Trump’s Tariff Threat Prompts China to Consider Yuan Devaluation
China’s top leaders are considering allowing the yuan to weaken in 2025 to counter potential U.S. trade tariffs under Donald Trump’s presidency. Trump plans to impose a 10% universal import tariff and a 60% tariff on Chinese imports. A weaker yuan could make Chinese exports cheaper, mitigating the tariff impact, and creating looser monetary settingsSource link
Bitcoin’s Historic $100k Milestone Marks New Era in Crypto Adoption
Bitcoin's price surpasses $100,000, marking a significant milestone in its evolution, driven by robust network growth, institutional adoption, and increased market capitalization. (Read More)Source link
Less than 1% of Microsoft Shareholders Voted for BTC Proposal
Only 0.55% of Microsoft (MSFT) shareholders voted for a proposal to put bitcoin (BTC) on the company's balance sheet, according to a recent company filing with the Securities and Exchange Commission.The proposal to add bitcoin to Microsoft's balance sheet was put to a shareholder vote on November 10 and was put forward by the National Center for Public Policy Research, which recommended that Microsoft allocate 1% of its total assets to BTC as a potential hedge against inflation.Microsoft's board opposed the proposal, citing Bitcoin's volatility and favoring stable investments, despite Michael Saylor's pitch highlighting MicroStrategy's success and Microsoft's $200 billion capital outflow from dividends and buybacks.Some of the other proposed shareholder motions, which would have directed the company to produce...
American Egg Board Debuts “Tower of Eggs” Activation in Roblox, Featuring Obstacle Gameplay and Recipe Challenges
Chicago, United States, 12th December 2024, GamingWireSource link
Immutable (IMX) Surpasses Past Achievements with Record Game Signings in 2024
Immutable (IMX) has signed more games in 2024 than all previous years combined, solidifying its leadership in web3 gaming with over 250 new titles onboarded. (Read More)Source link