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The financial services firm co-founded by billionaire entrepreneur and former US presidential candidate Vivek Ramaswamy entered into a strategic partnership to acquire a significant amount of Bitcoin (BTC).
In a new filing with the U.S. Securities and Exchange Commission (SEC), the Ohio-based Strive says it is joining hands with 117 Castell Advisory Group LLC to secure Bitcoin holdings at a...
US authorities arrested an Atlanta man this week on charges related to his alleged connection to a COVID-19 relief loan application fraud ring.
The Department of Justice (DOJ) alleges that Ian Patrick Jackson, 37, conspired with another Atlanta man to recruit at least nine business owners to submit fraudulent Paycheck Protection Program (PPP) loan applications using fake tax documents.
Jackson...
The chief executive of crypto asset manager Galaxy Digital says America’s current financial situation is bullish for Bitcoin (BTC) and crypto.
In a new interview with Bloomberg, Novogratz says that many factors have contributed to the rise of digital assets, including President Donald Trump and BlackRock CEO Larry Fink’s embrace of the sector.
“It started with Larry Fink. When he got orange-...
A widely followed crypto strategist believes Bitcoin (BTC) is primed to ignite a massive explosion after breaking out from a bullish continuation pattern.
Pseudonymous analyst TechDev tells his 523,300 followers on the social media platform X that Bitcoin has broken out of a cup-and-handle pattern on the two-week chart.
The pattern typically indicates that an asset is ready to spark a new...
Macro guru Luke Gromen says two soaring assets may be the key for investors to protect wealth in the event of government capital controls.
In a new video update on YouTube, Gromen, founder of investment firm Forest For The Trees (FFTT), says that the current trade war between the US and China is most likely unsustainable for the West unless capital controls are eventually implemented.
Says...
Billionaire Tron (TRX) founder Justin Sun is going to attend an exclusive crypto dinner with Donald Trump after claiming he’s the top holder of the President’s memecoin.
In a new thread on the social media platform X, Sun says he’s excited to join Trump for this special dinner, an event he announced last month for the top 220 holders of Official Trump (TRUMP).
“Honored to support POTUS and...
Bitcoin printed yet another all-time high on Monday as BTC becomes more widely held by Americans than gold, according to a new report.
Bitcoin-focused exchange River says new data shows that BTC is now “America’s emerging reserve asset,” and those living in the country own about 40% of the flagship crypto’s total supply, valued at more than $790 billion.
According to River, 49.6 million...
White House National Economic Council Director Kevin Hassett doesn’t agree with Moody’s downgrade of the US credit rating.
Hassett says in a new interview with Fox Business that US debt “is the safest bet on Earth.”
“There’s no country’s debt that I’d rather have than the United States’, and so Moody’s can do what it wants to. As Secretary Bessent said, it’s a backward-looking thing, penalizing...
Ripple and Coinbase have both reportedly participated in informal talks to acquire the stablecoin issuer Circle.
Fortune, citing four anonymous banking and private equity executives, reports that Circle wants at least $5 billion for a sale.
The USDC issuer has been gearing up for an initial public offering (IPO), but the firm would reportedly scuttle those plans should an acquisition materialize...
Moody’s has downgraded deposit ratings of top US lenders JPMorgan Chase, Bank of America and Wells Fargo just days after stripping the nation of its triple-A rating.
In a new report by Bloomberg, the lenders’ long-term deposit ratings were lowered to Aa2, a one-step decrease and Moody’s third-highest level.
The reason cited by Moody’s for the downgrade is the government’s weakened ability to...