Tesla Stock Hits ‘Death Cross’ as Market Turmoil Deepens

April 17, 2025

Catenaa, Thursday, April 17, 2025- Tesla shares have officially entered a “death cross,” a technical indicator that often signals extended market weakness, amid a turbulent stretch for the electric vehicle maker, a report said. The development, flagged this week by Business Insider, occurs when a stock’s 50-day moving average falls below its 200-day moving average. […]

Trump Appoints David Sacks as AI and Crypto ‘Czar’

December 6, 2024

Catenaa, Friday, December 06, 2024-Former PayPal COO and venture capitalist David Sacks has been appointed by Donald Trump as the White House’s Artificial Intelligence and cryptocurrency “Czar.” The nomination, announced Thursday, reflects Trump’s ongoing pattern of rewarding major political donors with influential positions. Sacks, a prominent Silicon Valley figure and host of the popular podcast […]

Trump Backs Stablecoin Laws, Ends Crypto Debanking

March 10, 2025

Catenaa, Monday, March 10, 2025-President Donald Trump announced plans to sign stablecoin legislation before August and vowed to end what he called “Operation Choke Point 2.0,” a policy he claims has stifled crypto banking access.  Speaking at the White House’s inaugural crypto summit Friday, Trump emphasized his administration’s shift toward a pro-crypto stance, with industry […]

US Lawmakers Form Bipartisan Group to Draft Crypto Bills

February 6, 2025

Catenaa, Thursday, February 06, 2025 – US lawmakers announced Tuesday the formation of a bipartisan working group to draft regulations for digital assets and stablecoins, aiming to establish a clear federal framework for the crypto industry. Led by key members from Senate and House committees, the group includes Senate Banking Committee Chair Tim Scott (R-S.C.), […]

White House Crypto Summit Unveils $17B Bitcoin Reserve

March 10, 2025

Catebnaa, Monday, March 10, 2025- The White House on Friday, March 7 announced the establishment of a Strategic Bitcoin Reserve, a first-of-its-kind federal initiative to hold approximately 200,000 bitcoins—valued at $17 billion—sourced from assets seized in court proceedings. However, critics warn that rapid government adoption of digital assets must be met with clear guardrails to […]

White House Raise Tariffs on China to 104%, Bitcoin Drops 3%

April 9, 2025

Catenaa, Wednesday, April 09, 2025-The White House yesteday April 8 announced that the US would increase tariffs on China to 104%, escalating the trade conflict between the two nations. The move follows China’s refusal to reverse retaliatory tariffs on US goods, prompting President Donald Trump to impose a further 50% increase. This decision sent US […]