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Elon Musk Calls for Federal Reserve Abolition, Sparking Monetary Policy Debate
Tesla CEO Elon Musk ignites controversy by advocating for the dissolution of the Federal Reserve, criticizing its unchecked influence over the U.S. economy. His statements align with cryptocurrency proponents while drawing pushback from traditional banking defenders.
Trump's Crypto Revolution: How the Former President's Digital Asset Strategy Could Reshape America's Financial Future
From launching his own DeFi platform to pledging crypto-friendly policies, Trump's dramatic evolution on digital assets signals potential major shifts under a second presidency. His campaign promises and recent ventures suggest an ambitious vision to establish the US as a global cryptocurrency leader.
Bitcoin Shatters Records: Price Surges Past Gold Kilogram Value in Historic Rally
Bitcoin reaches unprecedented heights, surpassing $89,000 and exceeding the value of one kilogram of gold at $84,000. The leading cryptocurrency's remarkable 30% weekly gain pushes its market cap to $1.77 trillion amid decreased selling pressure and growing institutional interest.
XRP Soars Past $0.70 Milestone as Legal Victory Fuels Rally
Ripple's XRP cryptocurrency has surged to its highest level since mid-2022, breaking $0.70 amid renewed market optimism and favorable SEC case developments. The 12% daily gain comes as trading volumes exceed $3 billion, with analysts citing reduced regulatory uncertainty and growing institutional interest.
Bitcoin Surpasses Gold Kilogram Value in Historic Price Milestone
Bitcoin has reached a watershed moment by surpassing the value of one kilogram of gold, trading at $63,000 versus gold's $62,400 per kilogram. This milestone highlights cryptocurrency's growing mainstream adoption and challenges gold's traditional safe-haven status.
Coinbase Launches Groundbreaking Crypto Index to Rival S&P500
Coinbase introduces the Coinbase 50 Index, a comprehensive benchmark tracking the top 50 cryptocurrencies by market cap. This real-time index aims to bridge traditional finance and digital assets while providing a standardized metric for both retail and institutional investors.
U.S. Government Nears Historic 1 Million Bitcoin Holdings Through Legal Seizures
The U.S. government is approaching ownership of nearly one million bitcoins through recent seizures and ongoing legal proceedings, including 400,000 BTC from FTX's former CEO. This unprecedented accumulation could make the government one of the largest Bitcoin holders globally, raising questions about market impact and asset management.
Bhutan's Billion-Dollar Bitcoin Bet Pays Off as Crypto Investment Soars
The Kingdom of Bhutan's strategic Bitcoin holdings have surpassed $1 billion following cryptocurrency's 2024 surge. The Himalayan nation's innovative dual strategy of direct purchases and sustainable mining operations showcases how smaller economies can leverage digital assets.
Elon Musk Sparks Controversy with Call to Abolish Federal Reserve
Tesla CEO Elon Musk ignites heated debate by demanding the end of the Federal Reserve, criticizing its monetary policies and power over the economy. His provocative stance gains support from tech leaders while drawing pushback from economic experts, highlighting growing tensions around traditional financial systems.