From the "Tulip Mania" in the Netherlands during the 1630s to internet memes stocks like GameStop and AMC during the pandemic, history is filled with various peculiar asset price fluctuations. But what exactly makes them financial bubbles? The price of Bitcoin has currently reached about $108,000, up from $55,000 a year ago and $9,200 five years ago. Does this reflect the fundamentals? Possibly. Looking at recent market trends, even in developed economies, policy-induced inflation could shrink the value of your savings by 20% or more. US President Trump has shown a clear inclination to support crypto assets, even mentioning the establishment of a government strategic cryptocurrency reserve. Other store of value assets like gold can be quite tricky for the average investor to buy and sell.

BlockBeats News, on January 16, according to CoinDesk, the UK government announced the appointment of Emma Reynolds to replace Tulip, who resigned due to a corruption scandal.

UK Chancellor of the Exchequer Tulip Siddiq announced plans to issue digital gilts (DIGIT) using Distributed Ledger Technology (DLT) as part of a digital securities sandbox. This has met with resistance from the Debt Management Office (DMO).

PANews October 2nd news, according to Cointelegraph, UK City Minister Tulip