Over the weekend, Sen. Elizabeth Warren (D-Mass.) accused the Donald Trump administration of “crypto corruption” following a report that a top UAE royal invested $500 million in a Trump-linked cryptocurrency venture.

UAE Royal Reportedly Took Massive Stake In World Liberty

Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s national security adviser and a senior royal, backed a $500 million investment in World Liberty Financial, reported the Wall Street Journal on Saturday, citing company documents and people familiar with the matter.

The investment was made through Aryam Investment, a Tahnoon-backed firm that acquired a 49% stake, making it the company’s largest known shareholder, according to…

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Popular market commentator Jim Cramer offered a cheeky take on Bitcoin’s (CRYPTO: BTC) latest crash Sunday, urging Strategy Inc. (NASDAQ:MSTR) founder Michael Saylor to “jam up” the apex cryptocurrency.

Cramer’s Tongue-In-Cheek Remark

In an X post, Cramer proposed that Saylor should wait until about 6:30 pm to observe the S&P futures, and then attempt to push Bitcoin’s price up to $82,500 from $76,500.

“That way some ill-advised folks will shout double bottom and pay no attention to the break below $80.000,” the “Mad Money” host said.

Cramer Targets Defenders

Cramer made a series of posts on Bitcoin’s latest plunge below $76,000, its worst sell-off since early April.

He…

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Anthony Scaramucci, founder of global investment firm SkyBridge Capital, recently shared his motivational mantra for handling life’s setbacks.

Scaramucci Wants Young People To Reject ‘Victim’ Language

In an X post dated Jan. 26, Scaramucci advised youngsters to follow three rules: get up, avoid self-pity and reset expectations to zero.

The former Goldman Sachs investment banker continued, stressing the importance of dealing with reality rather than dwelling on what “should” or “ought” to have happened.

“You can curse all you want, but there are two words I don’t want to hear: should and ought,” he said. “Those are victim words.”

‘Stop Whining, Take Responsibility’

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Mark Cuban, a billionaire investor and popular television personality, said after Kamala Harris’ 2024 electoral defeat that young male cryptocurrency voters turned against her due to Gary Gensler’s policies.

Cuban Stressed On Crypto Cohort Of Young Men

In a podcast with Jon Stewart dated Dec. 13, 2024, the “Shark Tank” star was asked about his influence on Harris’ campaign during the presidential elections.

Cuban, who backed Harris’ candidacy and joined the “Crypto for Harris” campaign, said he “explained” to her team the importance of reaching out to the growing cryptocurrency demographic.

He cited Pew Research data — which said atleast 40% of young men are invested in…

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This week in the world of cryptocurrency was a mixed bag. While Tesla Inc. reported significant paper losses on its Bitcoin holdings, the U.S. Senate Committee took a step forward in establishing federal regulations for digital assets.

Meanwhile, Bitcoin’s price took a hit, and analysts predict further downside. Let’s dive into the details.

Tesla’s Bitcoin Woes

Despite not selling any Bitcoin in Q4, Tesla Inc. reported substantial paper losses. The company’s earnings report revealed that it held $1.008 billion in digital assets as of Dec. 31, marking a 23% decrease from the previous quarter.

Read the full article here.

US Moves Closer To ‘Crypto Capital’

The U.S. Senate…

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Bitcoin (CRYPTO: BTC) experienced a significant drop, falling below the $80,000 mark on Saturday. This sharp decline has triggered a widespread crash in the cryptocurrency market.

On January 31, Bitcoin’s value plummeted by 5% within a span of 24 hours, trading at $78,479.21. This downfall had a domino effect on other cryptocurrencies as well. Ethereum (ETH) dropped around 12% to $2,395.58, BNB by 8% to $779.57, XRP by 11% to $1.56, and Solana (SOL) by 11% to $103.44.

The total market cap of the crypto market also suffered, declining by over 6% to $2.73 trillion. In just five hours, over $100 billion of market cap disappeared.

Data from CoinGlass revealed that crypto positions worth…

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In the wake of a significant drop in gold and silver prices, Binance founder Changpeng Zhao has offered his insights on the future of Bitcoin (CRYPTO: BTC).

On Friday, gold and silver saw a drastic decrease in their prices, with gold plummeting by approximately 15% and silver by nearly 38%. This resulted in a loss of around $15 trillion in combined market value.

This unexpected price drop, referred to as a “black swan” event, has ignited conversations within the crypto community, with many speculating on Bitcoin’s long-term potential in comparison to these physical assets.

Zhao joined the discussion, pointing out that such severe price fluctuations can happen “even with a…

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