David Sacks, known as the White House’s “Crypto Czar,” revealed he sold all his Bitcoin, Ethereum, and Solana holdings before Donald Trump’s inauguration. He also divested a $74,000 position in a Bitwise ETF shortly after. Despite selling off direct crypto holdings, Sacks’ firm, Craft Ventures, retains stakes in a few crypto startups. Trump announced plans for a “crypto strategic reserve” to include major cryptocurrencies, positioning the U.S. as the “crypto capital of the world.”
about David Sacks Sells All Crypto Holdings Before Trump's InaugurationAirbnb Inc.
0 in Finance and 0 in Crypto last weekShould Investors Consider Buying Airbnb Stock Right Now
Airbnb operates an asset-lite business model that generates strong free cash flow, but it was not included in the Motley Fool Stock Advisor’s recent list of the 10 best stocks to buy. The service has significantly outperformed the S&P 500 since its inception, highlighting the potential for substantial returns from its recommended stocks.
about Should Investors Consider Buying Airbnb Stock Right NowAsian markets mixed as investors monitor US economic policies and inflation
Asian shares traded mixed as investors monitored economic data and policy moves from President Trump, impacting global central bank decisions. Japan’s economy grew at an annual rate of 2.8%, while U.S. markets edged back from record highs amid mixed corporate profit reports and persistent inflation concerns. The S&P 500 and Dow Jones saw slight declines, with inflation pressures likely to influence the Federal Reserve’s interest rate strategy.
about Asian markets mixed as investors monitor US economic policies and inflationSix Arrested in Chicago Kidnapping for Cryptocurrency Ransom of 15 Million
Six men have been arrested in connection with the kidnapping of three family members and their nanny in Chicago, where they were held for five days and forced to transfer nearly $15 million in Bitcoin. The victims were alerted to their situation via a WeChat message, and the kidnappers initially gained entry by claiming to have damaged the family’s garage. Approximately $9 million of the ransom remains unaccounted for, raising concerns about the whereabouts of the missing funds.
about Six Arrested in Chicago Kidnapping for Cryptocurrency Ransom of 15 MillionChicago Family Kidnapped for 15 Million Dollar Cryptocurrency Ransom
A Chicago family and their nanny were kidnapped for five days, with the suspects demanding a $15 million ransom in Bitcoin and Ethereum. Six men have been charged, with one suspect, Zehuan Wei, arrested while trying to re-enter the US. The victims managed to alert a family member during their captivity, and while $15 million was demanded, only $6 million has been accounted for so far.
about Chicago Family Kidnapped for 15 Million Dollar Cryptocurrency RansomWorldcoin Revolutionizes Digital Landscape with Strategic Partnerships and Future Plans
Worldcoin (WLD) is making waves in the digital landscape with a current market cap of $843 million and a price of $2.93. Recent developments include the launch of an ID verification app, partnerships with major companies like Airbnb and Uber, and a significant 20% of WLD supply burned.Looking ahead, the project plans to introduce a debit card in Q3 2024 and expand its global ID verification network, with price projections ranging from a conservative estimate of $5.50 to an optimistic $15.00. Security measures include custom-built technology and regular audits to ensure fund protection.
about Worldcoin Revolutionizes Digital Landscape with Strategic Partnerships and Future Plans