Bitcoin vs. Social Security: Former Maryland Governor’s Ponzi Scheme Remark Sparks Fury

Former Maryland Gov. Martin O’Malley recently compared bitcoin to a Ponzi scheme while defending the U.S. Social Security Administration. The comparison drew criticism from bitcoin supporters, who countered by asserting that Social Security itself resembles a Ponzi scheme. O’Malley: Trump Administration After Social Security’s $2.6 Trillion Surplus In a recent speech defending the U.S. ...
11 May 2025

BIS Study Shows Low-Value Bitcoin Transfers Reshape Remittances Amid High Traditional Costs

A new study by the Bank for International Settlements reveals cross-border crypto asset flows surged to $2.6 trillion in 2021, with stablecoins and emerging markets reshaping global financial networks. High Inflation Spurs Bitcoin and Stablecoin Adoption in Emerging Markets, BIS Research Reveals The latest Bank for International Settlements (BIS) working paper #1265 reveals cross-border ...
10 May 2025

Zipline to the Moon!

As trade war headlines faded into the background last week, markets exhaled—and bitcoin broke above $97,000. Meanwhile, Token2049 Dubai offered both spectacle and substance. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Bitcoin and Token2049 Dubai ...
10 May 2025

XRP Price Watch: Daily RSI Neutral as Price Eyes Higher Highs

XRP traded at $2.40 on May 10, 2025, with a total market capitalization of $140.48 billion and a 24-hour trading volume of $3.654 billion. The cryptocurrency fluctuated within a daily intraday price range of $2.33 to $2.42, reflecting mild volatility despite the broader bullish undertone. XRP On the one-hour chart, XRP exhibited a short-term ...
10 May 2025

Coinbase Shares Slide After Missing Analyst Estimates

The exchange also announced the largest acquisition in crypto history, but even that failed to buoy Coinbase’s stock price. Coinbase Stock Tumbles Following Earnings Disappointment Coinbase (Nasdaq: COIN) saw its shares drop Thursday afternoon when it announced lower-than-expected revenue for the first quarter of the year. Even the firm’s historic acquisition of the world’s ...
10 May 2025

Bitcoin Price Watch: Range-Bound Action Signals Pause Before Breakout

Bitcoin traded within a narrow band on May 10, 2025, reflecting a momentary equilibrium between bullish momentum and short-term hesitation. With a market cap of $2.057 trillion and $26.69 billion in trading volume, bitcoin fluctuated between $102,526 and $103,938 before settling at $103,559, underscoring a technically significant range-bound day amid broader upward trends. Bitcoin ...
10 May 2025
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