Ray Dalio thinks bitcoin is no gold, and that is exactly why bulls are buying

Crypto experts are pushing back after billionaire hedge fund manager Ray Dalio renewed his skepticism about bitcoin BTC$72,488.26, arguing that the largest and oldest cryptocurrency lacks the qualities that make gold a reliable store of value. Speaking on the All-In Podcast, the Bridgewater Associates founder said bitcoin should not be compared to gold because it…

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West Asia Crisis: West Asia crisis: 1,500 flights cancelled in four days, Air India to add capacity on key long routes | India News

MUMBAI: Airlines have stepped up evacuation efforts with more special flights as the crisis in the Middle East continued to disrupt air travel for the fourth day in a row on Wednesday.Up to Tuesday, 1,221 international flights by Indian carriers and 388 by foreign carriers were cancelled, the civil aviation ministry said. It said Indian…

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China to reportedly boost defense spending by 7%, slowest pace since 2021

China’s liquid-fueled intercontinental strategic nuclear missiles DongFeng-5C, which have a global strike range, pass through Tian’anmen Square during the V-Day military parade on September 3, 2025 in Beijing, China. China News Service | China News Service | Getty Images BEIJING — China plans to increase its defense spending by 7% this year, Reuters reported Thursday,…

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Eric Trump, World Liberty co-founder, calls banks ‘anti-American’ over stablecoin fight

Eric Trump, one of the sons of U.S. President Donald Trump and a co-founder of crypto firm World Liberty Financial, went after the banking industry Tuesday over their opposition to allowing stablecoin yield in crypto market structure legislation. “Big Banks (think JPMorgan Chase, Bank of America, Wells Fargo, etc.) are lobbying overtime to block Americans…

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Oxford Ashmolean Museum: Oxford museum set to return 500-year-old bronze statue taken from Tamil Nadu temple | India News

Ashmolean museum acquired the statue in 1967. In 2019, a French scholar flagged that its provenance was unclear, leading to a probe A 16th-century bronze statue of Saint Tirumankai Alvar, taken from a temple in Tamil Nadu, is among several Indian heritage items that are being returned to India from the UK.The Ashmolean Museum in…

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Coinbase leads crypto stocks higher after Trump signals support for digital asset market structure bill

Shares of Coinbase and other cryptocurrency companies surged Wednesday after President Donald Trump threw his weight behind the industry’s battle against U.S. banks over yield-bearing stablecoins — adding to momentum the firms were already feeling from bitcoin‘s bounce. Coinbase was last up more than 12%. Other digital asset firms such as Strategy and Circle jumped…

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Middle East disruption pushes oil prices higher: Could Russia gain financially and fund its Ukraine war longer?

The disruption of Middle East energy supplies due to the Iran war is pushing global oil and gas prices higher, a development that could strengthen Russia’s finances and indirectly support its war effort in Ukraine.Rising energy prices are increasing the revenue Russia earns from oil and gas exports – a key pillar of the Kremlin’s…

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‘I have seen the missile’: Indian woman from first evacuation flight recounts tense days in Dubai | India News

NEW DELHI: An Indian national who returned to India in the first batch of flights from Dubai after air travel resumed has described tense nights, emergency alarms and uncertainty as conflict in the Middle East disrupted travel across the Gulf. Saumya Khandelwal, who had travelled to Dubai for work, said she experienced missile alerts and…

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