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View More NewsTwo high-profile crypto figures are preparing to pour tens of millions of dollars into California politics, aiming to reshape the state Legislature by backing moderate, business-friendly candidates and countering the influence of labor unions.The effort, operating under the banner of Grow California, is backed by Chris Larsen, a longtime Democratic donor and co-founder of Ripple, and Tim Draper, a venture capitalist known for his support of Bitcoin (BTC), according to The New York Times. “The government unions do a great job,” Larsen reportedly told the outlet. “But that’s going to clash with a lot of the things that are going…
Key takeaways:Bitcoin options show the highest level of fear in a year, as traders brace for the possibility of a deeper selloff. Bitcoin markets might be more stable due to high-risk leveraged positions being liquidated.Bitcoin (BTC) underwent a sharp 10% correction between Wednesday and Thursday, retesting the $81,000 level for the first time in over two months. The move occurred as traders grew increasingly cautious following significant outflows from spot Bitcoin exchange-traded funds (ETFs), particularly as gold prices dropped 13% from their Wednesday all-time high. The strong price changes caused traders to question the strength of the $80,000 psychological support level. Spot…
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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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In brief The Bitcoin mining profit/loss sustainability index hit a 14-month low, according to CryptoQuant. The metric measures the price of Bitcoin versus the…
Last night, federal agents arrested journalist Don Lemon in connection with an anti-ICE protest inside a Minnesota church earlier this month. The Department of Justice charged…
from the modern-state-television dept If you’ve been napping, Trump-allied billionaire Larry Ellison and his nepobaby son David hired an unqualified troll named Bari Weiss…
Bitcoin’s BTC$84,126.28 sell-off late this week might have had little to do with crypto-specific factors and instead everything to do with the U.S. dollar.After…
In brief Coinbase launched its own prediction market for users in all 50 American states. Users can make trades using U.S. dollars or USDC…
Gregory Bovino, the United States Border Protection commander at large and head of “Operation Metro Surge,” the ongoing immigration crackdown in Minneapolis, was reassigned…
World Network (formerly Worldcoin) WLD token surged more than 27% on Wednesday after a Forbes report linked the controversial crypto project to OpenAI’s broader…
Bitcoin treasury company Strive said it has retired 92% of the debt it inherited after acquiring Semler Scientific earlier this month, and bought another…
In brief Gemini launched a new crypto credit card with a focus on privacy token Zcash (ZEC). The token is in the top 10…
from the time-to-fix-the-law dept Minneapolis is once again the focus of debates about violence involving law enforcement after an Immigration and Customs Enforcement officer…
From today’s order granting rehearing en banc in Hussey v. City of Cambridge: The majority panel opinion relied on First Circuit precedent for the proposition that…
Shares of bitcoin mining companies that have shifted business plans to cater to artificial intelligence (AI) infrastructure were big winners in 2025, a run…