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Showing posts from August, 2025

India To Boost De-Dollarization: Buy Nigerian Oil Paying in Naira

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India could advance the de-dollarization agenda and procure Nigerian oil and settle payments in their local currency, the naira, according to a latest de-dollarization report from Firstpost Africa. The report also claims that Indian refiners, especially Indian Oil, have placed orders for Nigerian oil, and over 2 million barrels are expected to reach Indian shores next month. However, the Modi government has not gone all-in on procuring crude from Nigeria. If India fully decides to buy Nigerian oil, it will have to pay the naira and not the US dollar. The Nigerian government announced last year that oil and energy payments must be settled in the naira, and refiners must not accept the USD. This would make India inadvertently push de-dollarization if it intends to buy Nigerian oil and pay in naira. The global oil trade is shifting fast, and supply chains and policies are being redrawn. Also Read: Historic BRICS Loan Worth $2 Billion in Yuan Disbursed to Australia De-Dollarization Growing...

ChatGPT-5 picks 3 cryptocurrencies to buy and hold forever

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When asked to identify the three cryptocurrencies it would hold indefinitely, OpenAI’s latest large language model, ChatGPT-5, opted for a mix of established leaders and critical infrastructure assets: Bitcoin (BTC), Ethereum (ETH), and Chainlink (LINK). The inclusion of Chainlink marks a shift from a previous shortlist in which the AI selected Remittix (RTX), an emerging cross-border payments token praised for its low-cost transactions and deflationary tokenomics.  While RTX remains a niche contender, ChatGPT-5 ultimately replaced it with LINK, citing its essential role in blockchain interoperability and real-world data integration. ChatGPT picks Bitcoin as the “bedrock” Bitcoin, currently trading at $119,091 and up 99.85% over the past year, was described as the “bedrock” of any long-term portfolio.  With institutional demand for spot  Bitcoin ETFs at record levels and the 2024 halving constraining supply, the AI pointed to BTC’s fixed issuance and g...

Strategy (MSTR) Stock Booms as Unrealized Bitcoin Profit Hits $30B

Shares in Michael Saylor’s Strategy (MSTR) are booming on Monday, as the company’s unrealized Bitcoin profit has hit $30 billion. The Saylor-led business intelligence company is one of the largest institutional investors in the top cryptocurrency asset, and has thrown millions into investing in the coin over the last few years. The Bitcoin formula led by Saylor has attracted many companies to follow similar strategies, as well as investors to Strategy. At press time, MSTR shares are up over 200% in the past year and over 2,900% in the last five years. The company has raised billions to fund more Bitcoin purchases in the last year alone. Since the start of 2025, Strategy has purchased over $43B in BTC . Most recently, Saylor’s company acquired 155 BTC for $18 million, with total holdings reaching 628,946 BTC. As a result, Strategy stock (MSTR) is up 3.9% on Monday. Saylor took to X to reach out to shareholders and the wider crypto community about the latest Bitcoin purc...

Bitcoin’s new addresses hit record surge in 2025

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Bitcoin (BTC) has had a rather bullish weekend, and the momentum continues on Monday, August 11. Namely, the world’s largest cryptocurrency surged 3.6% in 24 hours, pushing past $122,000 and almost approaching its all-time high (ATH) of $123,091. What’s more, Bitcoin saw 364,126 new addresses created on Saturday, August 9, the highest number in a year, as per Glassnode data reported by Ali Martinez. New Bitcoin addresses. Source: Ali Martinez (@ali_charts) A new Bitcoin all-time high? Bitcoin’s performance over the past couple of days is largely due to speculation regarding the new U.S. inflation data scheduled for release later this week.  As July inflation is expected to grow, “digital gold” is increasingly being viewed as a safe-haven asset. Polymarket , a cryptocurrency-oriented prediction market, also shows a 40% probability of two September Fed cuts. What’s more, crypto strategist and analyst Benjamin Cowen notes that Bitcoin has historically gai...

Chainlink (LINK): What Can Spark a Rally to $88?

In the past week, Chainlink LINK has surged by over 15%. The rally has prompted analysts to revise and heighten their price forecasts for the altcoin. One particular price prediction for LINK has the asset beating out its current all-time high of $52.88 in the next bull cycle. That would require the asset to climb a steep 60% from its current price, a tough but still possible task. Notable crypto analyst Javon Marks predicts that LINK will move up to about $47.15 and ultimately to $88.26 in the long term. In a recent Analysis , Marks says that LINK is set to break out of a long-term descending resistance trendline. Its recent price points signal that the asset is setting higher-lows. Its upward climb in the past month (+37%) signals that the trend may continue, setting up a test of its current ATH in the coming months. Furthermore, per Marks, LINK has also formed a Cup and Handle structure. This is generally considered a bullish long-term pattern for cryptocurrencies. If LINK maintains...

Gamestop’s Ryan Cohen is unfollowing Bitcoiners en masse

Social media took notice yesterday when the CEO of the world’s second largest meme stock after Tesla itself, Gamestop’s Ryan Cohen, suddenly unfollowed all Bitcoin accounts on X. His decision cast shade on David Bailey’s conference account, which has hosted keynotes by US President Donald Trump and Vice President JD Vance. The decision is notable given that Gamestop currently owns 4,710 BTC worth about $550 million — just one-third the amount that the company had hoped to buy since April. Despite its 4,710-BTC purchase, skeptics have been underwhelmed with Cohen’s level of investment. Pointing out his unenthusiastic tone and lack of passion, critics called him worthless, non-Bitcoin, and an idiot. JUST IN: Ryan Cohen no longer follows any Bitcoin accounts and GameStop now sits on over $8.5 billion in cash and $500 million in Bitcoin with a market cap of $10 billion. What the hell is going on over at GameStop? pic.twitter.com/2b6DCZO3FA — The ₿itcoin Therapi...

US politician files $380K of leveraged bets against the US economy

North Carolina Representative Tim Moore has filed a series of trades totaling up to $380,000 in triple-leveraged ETF positions most notably in Direxion’s Daily Small Cap Bull 3X ETF (TNA), according to public filings dated August 4, 2025. The trades span four consecutive purchase dates July 3, 9, 10, and 11 each falling into the $15,001–$50,000 range. If fully maxed, the filings picked up by Finbold’s political stock trading tracker represent $200,000 in TZA purchases alone. Receive Signals on US Congress Members' Stock Trades Stocks Stay up-to-date on the trading activity o...

Galaxy Digital Stock Drop: Analyst Argues For Higher Valuation Despite Poor Earnings

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Little Pepe Raises $16M+ As It Builds First Meme Coin Layer 2

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Peter Thiel-Backed Bullish Looks To Raise $629 Million Via IPO At $4.2 Billion Valuation

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Bullish, a crypto platform backed by billionaire Peter Thiel, is looking to raise up to $629 million through an initial public offering (IPO). In an updated F-1 filing with the US Securities and Exchange Commission (SEC), the crypto exchange operator and CoinDesk owner outlined plans to issue 20.3 million shares priced at between $28.00 and $31.00.  That would value Bullish at $4.2 billion. If approved, shares in the company could start trading as early as Aug. 12. BlackRock And ARK Invest Have Indicated Interest In Bullish Shares According to the filing, major financial institutions have already indicated interest in Bullish shares.  Among those institutions are investment accounts managed by subsidiaries of asset management giant, BlackRock, and Cathie Wood-led asset manager, Ark Invest. These accounts have signaled their intention to buy up to $200 million in Bullish shares at the IPO price. Bullish, a cryptocurrency exchange has filed for an IPO on the NYSE under ...

RWA Race Intensifies as Mavryk Cements Status as Market Leader

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Mark Zuckerberg’s $14B AI Bet Shakes Meta and Wall Street

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Mark Zuckerberg has actually launched a $14 billion offensive to dominate AI talent, and he’s offering unprecedented compensation packages that are reshaping Silicon Valley’s competitive landscape right now. His AI bet involves billion-dollar offers to top researchers, with Wall Street growing increasingly nervous about Meta’s aggressive spending strategy. Mark Zuckerberg’s Meta initiative targets OpenAI’s most valuable engineers, as his billion dollar offer campaign intensifies the tech talent war across the industry. Also Read: UAE’s $440B US Energy Move Marks Bold BRICS Tech Strategy Mark Zuckerberg’s $14B AI Bet Sparks Meta’s Tech Talent Battle Source: Fortune The Billion-Dollar Recruitment Blitz Mark Zuckerberg approached Mira Murati, OpenAI’s former CTO, to acquire her startup Thinking Machines Lab. When she declined, he escalated by targeting her employees directly, and Mark Zuckerberg’s AI bet reached its peak with Andrew Tul...

Apertum wins major lawsuit against Texas State Securities Board in landmark victory for DeFi

The Texas State Securities Board (TSSB) has formally dropped its case against the Apertum Foundation and its senior advisor, Josip Heit, a move that could shape the future of cryptocurrency litigation. Notably, the decision ends claims that Apertum’s DAO1 platform and APTM token were unregistered securities, while affirming they do not qualify as investment contracts under U.S. law. Represented by Quinn Emanuel Urquhart & Sullivan, LLP, the Apertum Foundation successfully argued that its platform operates outside the scope of traditional securities regulations. Legal observers view the dismissal as a landmark moment, at a time when the regulatory landscape is increasingly open to blockchain technology driven by the policy shifts under the Donald Trump administration. Reaction to Apertum case dismissal  Heit has consistently maintained that Apertum was both compliant and secure, framing the case as a test of regulatory boundaries. He therefore welcomed t...

JPMorgan’s Jamie Dimon Has Converted to Crypto Believer: $BEST to Soar Next?

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