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US COMMERCE SECRETARY LUTNICK SAYS INTEREST RATES ARE GOING “MUCH LOWER”

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U.S. Commerce Secretary Howard Lutnick has recently stated that interest rates in the United States are expected to decrease significantly. This comment aligns with sentiments he has expressed in various interviews, suggesting that economic policies under the current administration, such as reducing the budget deficit and increasing domestic energy production, could contribute to lower interest […]

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Sony Singapore now accepts $USDC payments in its online store through a partnership with Crypto. com

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Sony Electronics Singapore has partnered with Crypto.com to enable USDC payments on its online store. This marks Sony’s first direct move into cryptocurrency transactions in Singapore, allowing customers to purchase products using USDC, a stablecoin pegged to the U.S. dollar, via Crypto.com Pay. The initiative is exclusive to the Sony Store Online in Singapore and

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Sumitomo Mitsui Banking Corporation (SMBC), one of the largest banks ($1.7 trillion) and TIS are building stablecoin infrastructure on Avalanche.

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Sumitomo Mitsui Financial Group, the parent of Japan’s second largest bank SMBC, is planning to issue a stablecoin. It’s collaborating with Ava Labs, the founder of the Avalanche blockchain, as well as Fireblocks, according to a report from the Nikkei. The bank will work with Japanese IT firm TIS and plans to conduct experiments in Q4

Sumitomo Mitsui Banking Corporation (SMBC), one of the largest banks ($1.7 trillion) and TIS are building stablecoin infrastructure on Avalanche. Read More »

BlackRock CEO Says US Dollar is at Risk of Losing Reserve Status to Bitcoin

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For the last several years, a groundswell of support for a global de-dollarization movement has taken place. Although the currency is still far and away from the global standard, things could be set to change. Indeed, BlackRock CEO Larry Fink recently suggested that Bitcoin could replace the US dollar as the world’s global reserve currency. With groups

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Bitcoin Policy Institute releases a framework for the USA to buy $200 billion worth of #Bitcoin using Bit Bonds

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The Bitcoin Policy Institute has indeed proposed a framework for the United States to acquire $200 billion worth of Bitcoin through a novel financial instrument called “Bit Bonds.” This concept was initially introduced by Andrew Hohns, CEO of Newmarket Capital, during a keynote speech at the Bitcoin For America event hosted by the Bitcoin Policy

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Michael Saylor’s STRATEGY just bought another $1.92 BILLION Bitcoin.

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Michael Saylor’s journey with Bitcoin and his company’s transformation into what’s now called Strategy (formerly MicroStrategy) is a fascinating case study in corporate finance and cryptocurrency adoption. Michael Saylor, a tech entrepreneur and MIT graduate, co-founded MicroStrategy in 1989 as a business intelligence software company. Over the decades, it became a modest success, but by

Michael Saylor’s STRATEGY just bought another $1.92 BILLION Bitcoin. Read More »