The IMF warns that global public debt could reach about 100% of world GDP by 2029, a scenario where Bitcoin (CRYPTO: BTC) could stand out as investors seek alternatives outside traditional finance.

The 100% Debt Trap

Global public debt approaching 100% of GDP means that every dollar, yuan, pound, euro, yen, and rupee earned in a year will be used to pay off government debt. 

By 2029, the debt load will have grown to consume the entire global economic output, leaving nothing for additional investments.

China and the U.S. will continue to drive debt higher, with contributions from a broad range of nations as defense spending surges globally, according to the IMF.

If annual economic growth…

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A large-scale shift in wealth from older generations to younger investors could significantly boost long-term demand for digital assets such as Bitcoin (CRYPTO: BTC) and the broader crypto market.

$110 Trillion Wealth Transfer In Motion

Data from Grayscale Investments suggests that Baby Boomers and the Silent Generation currently hold around $110 trillion in assets in the United States.

Over time, this wealth is expected to be passed down to Millennials and Gen Z, groups that show a much stronger preference for crypto investments.

Analysts estimate that even a modest reallocation, around 2% of transferred wealth, could translate into approximately $2.2 trillion in potential crypto inflows,…

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The Surprising Performance

Bitcoin has performed well since the start of the Iran conflict on February 28, catching many off guard. The S&P 500 (NYSE:SPY) lost 1% over the same period.

Many assumed Bitcoin would fall during a risk-off geopolitical shock. Some pundits argued geopolitics is irrelevant for Bitcoin, while others pointed to war-driven money printing as the explanation.

Both arguments are wrong, according to Bitwise CIO Matt Hougan. Bitcoin’s strength during this crisis stems directly from the conflict itself.

The Two Bets

Buying Bitcoin makes two bets at once. First, you’re betting Bitcoin will become “digital gold” and compete with physical gold in the $38 trillion store…

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The Unrealized Loss

Bitmine’s reported net loss widened from a net loss of $1.15 million in the same period last year. 

The six-month net loss exceeded $9 billion compared to $2.1 million in the year-ago period.

The losses came largely from $3.78 billion in unrealized losses on the company’s digital asset holdings. 

Meanwhile, Bitmine has continued to increase its ETH holdings even through the extended crypto downturn since late 2025.

As of April 12, Bitmine held 4.87 million ETH in its treasury, valued at approximately $10.7 billion. 

The company is the largest corporate Ethereum treasury globally and the second-largest corporate crypto treasury overall behind Strategy (NASDAQ:MSTR)…. Read more on Benzinga

Ripple (CRYPTO: XRP) has partnered with Kyobo Life Insurance to enable Korea’s first tokenized government bond settlement on blockchain, cutting settlement cycles from two days to near real-time execution.

The First Insurance Partnership

This marks Ripple’s first collaboration with a leading insurance institution in Korea and represents a significant step in the development of institutional-grade digital asset infrastructure in the country. 

Kyobo Life is one of Korea’s largest and most established life insurers.

The partnership leverages Ripple Custody as the secure foundation for holding, transferring, and settling tokenized assets. 

Moreover, the platform replaces fragmented,…

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Anthony Scaramucci, founder of SkyBridge Capital, called for President Donald Trump to abandon his cryptocurrency ventures, arguing they undermine efforts to pass essential legislation.

Trump’s Crypto Ventures ‘Hurting’ Industry

Scaramucci said he’d still favor the Trump administration over the Biden administration on cryptocurrency matters, but he’d prefer the president “get out of the cryptocurrency business.”

Crypto Policies Matter But Aren’t Everything, Says Scaramucci

Yet, Scaramucci remains a harsh critic of Trump’s economic and foreign policies. Earlier this year, he called on Republicans to “break ranks” with the president, citing his “deep unpopularity.”

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Kraken‘s co-CEO Arjun Sethi indicated on Tuesday that the cryptocurrency exchange’s confidential initial public offering (IPO) filing process was still active, following reports that the plan had been paused.

At the Semafor World Economy 2026 conference on Tuesday, when asked about the public filing, Sethi confirmed the company has a confidential filing but did not comment on the reported pause.

Sethi did not disclose a timeline, pricing range, or valuation for the offering, but indicated that the confidential filing process is still active.

“Is that news?” Semafor reporter Rohan Goswami asked, to which Sethi responded, “I believe that’s news.”

Democratizing Finance, AI fears… Read more on Benzinga