At the World Economic Forum in Davos, Switzerland, Trump blasted European Union regulators for targeting Apple (AAPL. O), Google (GOOG. O) and Meta (META. O), calling the European Union's charges against U.S. companies "a form of taxation." The European Union's strict regulation of big tech companies is known around the world, often sparring with major social media platforms such as Facebook and X over content moderation and clashing with companies such as Apple and Google over antitrust issues....
Former Binance CEO Changpeng Zhao (CZ), who is worth about $70 billion, announced that Binance Labs will be renamed YZi Labs and transformed into a family office. It is reported that YZi Labs currently manages about $10 billion in crypto-related assets. Former Binance Labs founding head Ella Zhang will return to manage the agency. In addition, YZi Labs will also manage the assets of Binance co-founder Yi He.
In an interview at the World Economic Forum's annual meeting in Davos, Switzerland, Circle CEO Jeremy Allaire said that U.S. President Donald Trump may soon sign an executive order to make it easier for banks to own digital assets. He expects Trump's order to support cryptocurrencies to be issued soon, but did not specify when. Allaire is particularly concerned about the SEC...
January 20th news, according to statistics, since the beginning of 2025, less than a month, the whole market has nearly 30 debt base announced due to large redemptions and adjusted the net value accuracy, an increase from the previous few months, involving about 20 fund companies. From the perspective of nearly 30 debt-based products involved, including both active investment bond base and index bond base, mainly pure bond funds. Class C shares with short-term trading attributes are more common....
On January 19, according to estimates by blockchain analysis platform Arkham Intelligence, the "cryptocurrency president" Trump's net worth skyrocketed to $28 billion overnight, thanks to Trump's issued virtual currency "TRUMP", which increased his estimated net worth by 400%. The token reached $28, and Trump's affiliates CIC Digital LLC and Fight Fight LLC controlled 80% of the supply. The value of his cryptocurrency holdings alone soared to $22.40 billion. As a background, Forbes valued Trump'...
According to sources, Trump is not planning to attend the World Economic Forum in Davos, but may make a video address.
Bloomberg columnists Marcus Ashworth and Mark Gilbert have a key message for 2025: Fasten your seatbelts, it's going to be a roller coaster ride. On the question of where Bitcoin lies in the future, they point to Nobel Prize-winning economist Paul Krugman, who posted on the Bluesky social platform last month that while Bitcoin has broken through $100,000, there is still no legitimate use case even after 15 years. The recent bitcoin price jump has at least one recognizable...
On December 12, according to the Bloomberg Billionaires Index, Musk's net worth rose by about 50 billion dollars to $439.2 billion. Musk's net worth fell by more than $200 billion at one point in late 2022, but after Trump won the election last month, Musk's value as his top gifter immediately soared. On Wednesday, SpaceX and its investors agreed to buy $1.25 billion worth of shares from employees and other company insiders. The deal values the private space exploration company at about $350 bil...
According to the Bloomberg Billionaires Index, Musk's net worth rose by about $50 billion to $439.2 billion. At one point in late 2022, Musk's net worth fell by more than $200 billion, but after Trump won the election last month, Musk's value as his top gifter soared immediately. On Wednesday, SpaceX and its investors agreed to buy $1.25 billion worth of shares from employees and other company insiders. The deal values the private space exploration company at about $350 billion, making SpaceX th...
Bitcoin Suisse founder Niklas Nikolajsen, who is worth 200 million to 300 million Swiss francs, predicted that the price of bitcoin will continue to rise, possibly even reaching "seven figures". In an interview, Nikolajsen criticized Swiss cryptocurrency regulation and politics, and praised the United States under incoming President Trump as a pioneer. He added: "I'm one of the few...
Hong Kong plans to introduce tax exemptions for cryptocurrency gains from private equity funds, hedge funds, and high-net-worth investment vehicles.
According to the global rich list, Musk's worth continues to climb, with net worth exceeding $300 billion.
On November 7th, after Musk-backed Trump won the US Presidential Election, Tesla (TSLA. O) closed up 14.75% in the United States on Wednesday. According to Forbes rich list data, Tesla's surge made the company's founder and CEO Musk's net worth increase by $20.90 billion a day, and the total assets reached $285.60 billion, far exceeding Jeff Bezos, who ranked second in the world's rich list.
Ukrainian President Zelensky: The United States is preparing an aid package worth 800 million dollars to finance the production of Ukrainian drones.