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Author: Oluwapelumi Adejumo

Elizabeth Warren once said CBDCs have a “great promise” – Now she’s helping block it

Elizabeth Warren has spent much of the past decade warning Americans about the risks posed by privately issued and decentralized digital assets. Over the years, the Massachusetts Democrat has built a reputation as one of crypto industry’s most recognizable critics by persistently linking the emerging industry to money laundering…

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Bitcoin’s ‘digital credit’ yield trade breaks below par as margin calls hit $10 billion market

Bitcoin’s emerging digital-credit trade broke below its promise of calm this week. This week, Strategy’s STRC preferred shares fell as low as $82.50 before rebounding, while Strive’s SATA slid from around par into the low $90s and also recovered. Both products had been sold into the market as income instruments built around Bitcoin treasury companies…

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Elon Musk’s wealth has now surpassed Bitcoin market cap amid SpaceX’s continued rally

Elon Musk’s personal fortune has surpassed the market value of Bitcoin, a milestone that shows how quickly SpaceX’s public-market debut has reshaped both wealth rankings and the broader conversation around speculative risk. According to Bloomberg’s Billionaire Index, Musk’s net worth rose to about $1.32 trillion as SpaceX shares traded above $200…

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