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Nobel Prize-winning economist Eugene F. Fama has made a bold prediction about the future of Bitcoin, suggesting that the world’s most popular cryptocurrency may become worthless within the next decade. Speaking on the podcast Capitalisn’t with hosts Bethany McLean and Luigi Zingales, Fama argued that
The European Commission has announced that Chinese e-commerce platforms Temu and Shein will be held accountable for the sale of unsafe or non-compliant products on their platforms. This move is part of the EU’s broader effort to curb the influx of low-cost e-commerce imports, which authorities say pose consumer safety
The European Union’s General Court has dismissed Poland’s legal complaints regarding €320 million ($333 million) in fines imposed by the EU in 2022 and 2023 over a dispute concerning judicial reforms. The ruling, announced on Wednesday, confirms the enforcement of financial penalties related to
U.S. President Donald Trump has signaled impending trade tariffs on the European Union and the United Kingdom while hinting that a trade deal with Britain remains a possibility. His remarks, made during an interview with the media on Sunday, underscored his administration’s growing frustration with what
Bitcoin surged past $105,000 following the Federal Reserve’s decision to maintain current interest rates, with Fed Chair Jerome Powell affirming that U.S. banks can serve cryptocurrency clients, provided they effectively manage associated risks. On Thursday, Bitcoin climbed 3%, trading just above $105,000 after dipping to $101,800 the previous day.
Hedge fund Elliott Management has issued a stark warning about the cryptocurrency market, describing it as a speculative bubble that is on the verge of an “inevitable collapse.” In an investor letter first reported by the leading media houses, the firm attributed
Newszy: Victoria, Seychelles – Bitget, the leading cryptocurrency exchange and Web3 company was announced in the list of Top 25 most trusted crypto exchanges by Forbes. Ranking eight on the list, Bitget has reported an influx of users in the last year along with a
The Federal Reserve is expected to keep interest rates steady at the conclusion of its two-day meeting on Jan. 29, signaling a cautious approach as the economy continues to grapple with high inflation and borrowing costs. Despite President Donald Trump’s recent remarks urging immediate
Bitcoin (BTC) experienced a sharp price drop early this week, losing 5% of its value and shedding $5,000 per token. The decline triggered over $130 million in liquidated long positions, pushing the cryptocurrency’s price down to $100,000 from its weekend high
Newszy: Victoria, Seychelles – Bitget, the leading cryptocurrency exchange and Web3 company, is introducing Bitget Seed, an AI-powered platform designed to identify and list early-stage Web3 crypto projects with immense growth potential. This launch represents a strategic move toward combining cutting-edge technology with
