Feed Items
Billionaire Chamath Palihapitiya is predicting a resurgence of the American balance sheet and an influx of new capital into the US.
In a new episode of the All-In podcast, Palihapitiya says current forecasts of the US economy are overly negative and don’t factor in the potential development of two events.
According to Palihapitiya, President Trump’s tariffs are likely on track to contribute an...
An accountant and adjunct business instructor from Scranton, Pennsylvania, is sentenced to federal prison for her involvement in a multi-state business email compromise scheme.
In a statement, the U.S. Attorney’s Office for the Northern District of Iowa says that 63-year-old Margo Ann Williams laundered $800,000 of proceeds from a scheme that was carried out between December 2022 and July 2023....
President Donald Trump has reportedly pocketed tens of millions of dollars in income from World Liberty Financial (WLFI), his family-backed decentralized-finance platform.
According to a new report from the New York Post, records released by the Office of Government Ethics show that Trump’s stake in WLFI raked in just over $57.3 million for him, one of his largest sources of income in the past...
A crypto strategist who nailed the 2022 Bitcoin bottom believes that one major investor cohort will catalyze a brutal bear winter for BTC.
Pseudonymous analyst DonAlt tells his 670,400 followers on the social media platform X that Bitcoin treasury companies will be the source of tremendous selling pressure in the next bear market.
Data from BitcoinTreasuries shows that private and public...
An elderly man lost his entire life savings to an elaborate scam that drained his bank account, ending his retirement plans.
65-year-old Hiep Nguyen of Houston, Texas, says he received a phone call with the caller ID of the “Vietnam Embassy,” the embassy of his native country, the local news station KPRC-2 reports.
But Nguyen says answering that phone call led him to lose $500,000 – the entirety...
Walmart, Amazon, and other massive global companies are reportedly looking into the benefits of having their own stablecoins.
According to a new report by The Wall Street Journal, anonymous people familiar with the matter say that some of the world’s largest retailers are considering issuing their very own dollar-pegged crypto assets in the US in an effort to save billions of dollars in...
DoubleLine Capital CEO Jeffrey Gundlach is warning that investors holding trillions of dollars in US assets could soon reallocate capital overseas.
In a new interview with Bloomberg, Gundlach says recent behavior in the stock market, the dollar and the Treasury market appears “strange” to him, hinting at deeper concerns that are unsettling investors in US assets.
According to Gundlach, investors...
A former crypto executive has been tapped to serve as the director of trading and markets at the U.S. Securities and Exchange Commission (SEC).
Jamie Selway, a veteran financial services executive, will begin serving in the role on June 17th, per a new press release from the regulator.
SEC Chairman Paul Atkins says Selway will help “ensure the agency’s regulations balance costs and benefits.”...
Analytics platform Swissblock is outlining the path forward for Bitcoin (BTC) amid stiff resistance at a level just below the all-time high.
According to Swissblock, Bitcoin is “stalling below $110,000” and the upward trend is now under pressure as a broad trading range appears to form between the resistance level and a price of $100,000.
“Consolidation may last, but one thing’s clear: No...
Billionaire hedge fund legend Ray Dalio thinks investors aren’t paying attention to obvious factors in meme stock trading.
Dalio says in a new post on X that there’s always a “current most popular meme” that everyone believes in but is bound to lose its status.
“These memes typically are due to a mix of extrapolating what happened before and emotional considerations. Also, most investors...