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View More NewsIn brief Tech investor Cathie Wood said Thursday that gold is the real asset bubble, not AI. Her comments came a day before gold fell 9% on Friday, with silver falling much harder. Wood recently claimed Bitcoin was a superior scarcity asset when compared with gold. Gold’s rise has caught the eye of noted technology investor Cathie Wood, who says the precious metal is the real ongoing market bubble—not artificial intelligence.Wood’s remarks came Thursday as gold surged to a new all-time high above $5,600 while hitting a new record percentage of the U.S. M2 money supply in intraday trading, based…
The market was blindsided by sudden news of President Donald Trump naming Kevin Warsh as his choice for the next Federal Reserve chair, ending a month-long saga of guessing game.The U.S. dollar rallied, bitcoin fell and the equity market became volatile when the news broke; while the market might have stabilized a bit for now, the uncertainty is still gripping the traders across all asset classes.So who is Kevin Warsh, and more importantly, how will his leadership shape the future of monetary policy and crypto?Former Fed governorKevin Maxwell Warsh is a former U.S. Federal Reserve governor who served from 2006…
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Xi Jinping purges a million officials a year. China’s president finds corruption wherever he looks for it, like a Grand Inquisitor rooting out heresy. Lately, his fury has turned to members of the military command, and on 24 January, the great purge finally reached its zenith—a moment described by Dennis Wilder, former China analyst at the CIA, as “the most stunning development in Chinese politics since the early days of Xi’s rise to power.”As vice-chairman of the Central Military Commission, which heads the armed forces of the Chinese Communist Party (not of China, which has no army), Zhang Youxia was…
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Bybit has unveiled plans to offer retail bank accounts to its users as soon as they complete Know Your Customer checks.”My Bank” was unveiled…
Ahead of a February 2 decision by Kyrgyzstan’s Supreme Court, the Committee to Protect Journalists and seven other human rights groups called on Kyrgyzstan…
:Crypto Daybook AmericasBy Omkar Godbole (All times ET unless indicated otherwise)The crypto market’s beating on Thursday spurred industry heavyweights into “plunge protection” mode, a…
US Senate leaders and the White House say they have reached a bipartisan framework to avert a partial United States government shutdown, but the…
In brief Brave is launching a multi-week “vault heist” game across its browser, X, and Discord starting February 3. More than 4,000 players have…
The killing of Alex Pretti by U.S. Border Patrol agents in Minneapolis, Minnesota, is hard to defend for anyone who watched the video of…
Optimism’s governance has approved a proposal that links the OP token more closely to the economic performance of the Superchain, marking a notable shift…
Sony Group Corp. made a follow-on investment in Startale Group, deepening its involvement in the Soneium blockchain about a year after the network’s mainnet…
In brief The Federal Reserve left its benchmark interest rate unchanged. Two members of the FOMC dissented from the decision. The central bank affirmed…
Federal immigration enforcement officers have flooded into Minneapolis, bringing mass chaos and the deaths of two bystanders. At issue is Minneapolis’ status as a…
The White House will meet with representatives from crypto companies and traditional banks in the coming days to work on stablecoin yield concerns in…
Crypto-backed political action committees (PACs) are gearing up for the 2026 US midterm elections, with industry-funded groups signaling plans to expand their influence as…