Chinese Crypto Fraudster Pleads Guilty to Laundering $7 Billion

In 2025, gold is outperforming bitcoin, leading the market while the digital currency lags behind. This trend is noteworthy as it highlights the ongoing debate between traditional assets and cryptocurrencies. However, historical patterns indicate that bitcoin may still have the potential to recover and close the gap before the year ends, making it a topic worth following for investors.

In a significant development in the world of cryptocurrency, UK police have successfully seized over £5 billion worth of bitcoin from Zhimin Qian, a woman dubbed 'the goddess of wealth'. This seizure marks one of the largest in history and highlights the ongoing efforts to combat illegal activities associated with digital currencies. It underscores the importance of regulatory measures in the crypto space, as authorities strive to maintain order and protect investors.

21Shares has announced a significant reduction in fees for its bitcoin and ethereum exchange-traded products (ETPs) to just 0.10%. This move is expected to make investing in these cryptocurrencies more accessible and appealing to a broader range of investors. Lower fees can enhance returns for investors and may lead to increased interest in cryptocurrency investments, which is crucial as the market continues to evolve.

In an intriguing turn of events, Brock Pierce, a former child actor known for his role in the Mighty Ducks and now a Bitcoin investor, donated $1 million to a super-PAC supporting New York Mayor Eric Adams just five days before Adams suspended his campaign. This substantial contribution raises questions about the influence of financial backing in political races and highlights the often unpredictable nature of campaign dynamics.

Michael Saylor remains unfazed by the decreasing premium that his digital-asset treasury firm, Strategy Inc., has historically held over its Bitcoin assets. This situation highlights the volatility and challenges within the cryptocurrency market, but Saylor's confidence suggests a long-term vision for his investments.

Reliance Global has made a significant move by adding bitcoin to its treasury, marking a bold step in its digital asset strategy. This decision not only reflects the growing acceptance of cryptocurrencies in mainstream finance but also positions Reliance Global as a forward-thinking player in the evolving digital landscape. By embracing bitcoin, the company aims to enhance its financial flexibility and attract a new wave of investors interested in digital assets.

BlackRock's iShares Bitcoin Trust has made headlines by surpassing Coinbase's Deribit as the leading platform for Bitcoin options. This shift highlights a significant trend in the digital asset market, indicating that traditional financial institutions are gaining ground over offshore platforms. As Wall Street becomes a more dominant player in cryptocurrency trading, it could lead to increased legitimacy and stability in the market, attracting more investors.

Strategy Inc has announced updates regarding its at-the-market offering and recent bitcoin purchases. This move is significant as it reflects the company's confidence in the cryptocurrency market and its commitment to leveraging digital assets for growth. Investors may view this as a positive sign of innovation and adaptability in a rapidly changing financial landscape.

The US government has launched the 'TrumpRx' program, enabling consumers to purchase prescriptions at discounted prices directly. This initiative is significant as it aims to make essential medications more affordable for Americans, potentially improving access to healthcare and reducing financial burdens on families.

President Donald Trump has issued a stark warning about the potential for a government shutdown, indicating that irreversible actions could be taken, such as cuts to personnel and benefits. This comes as the US Senate is set to vote on a temporary funding bill. Additionally, Trump has reached a $24.5 million settlement with YouTube over the freezing of his account following the January 6 riot. This situation highlights the ongoing tensions in US politics and the significant implications of a government shutdown for millions of Americans.

Investors are increasingly concerned that the recent stock market rally may be unsustainable, as stocks reach record highs. This situation raises alarms about potential overheating and inflated valuations, which could lead to a market correction. Understanding these dynamics is crucial for investors as they navigate the risks associated with high market levels.

The Federal Trade Commission (FTC) has accused Zillow of making a $100 million payment to Redfin to prevent competition in the rental listings market. This allegation raises serious concerns about anti-competitive practices in the real estate sector, potentially harming consumers by limiting their options and driving up prices. The outcome of this case could reshape how major players in the industry operate and ensure fair competition.

The latest API Weekly Crude Stock Report reveals that US crude inventories have decreased, although the drop was less than analysts had anticipated. This information is significant as it provides insights into the supply dynamics of the oil market, which can influence prices and economic conditions. Investors and industry stakeholders will be closely monitoring these trends to gauge future market movements.

Rice Acquisition Corporation 3 has successfully priced its initial public offering at $300 million, marking a significant milestone in the financial market. This IPO is important as it reflects investor confidence and opens new avenues for capital, potentially leading to growth and innovation in the sector.