On Feb. 3, President Trump announced plans to create a US sovereign wealth fund, a national investment vehicle designed to generate and distribute assets for American citizens. Trump signed the executive order at a White House event directing Treasury Secretary Scott Bessent and Secretary of Commerce Howard Lutnick, who are both pro-crypto, to “begin a […]
Both TRUMP and MELANIA have plunged significantly from their pre-inauguration frenzy. To top that, certain industry experts also expect the two meme coins to test regulators’ boundaries under President Trump. While intense scrutiny continues, newly revealed data estimates that Trump has made hundreds of millions from his own meme coin launch. Trump’s Crypto Windfall According […]
Trump’s tariffs have not only shaken financial markets but have also impacted World Liberty Financial’s crypto holdings amid escalating trade tensions. With uncertainty looming, market participants wonder if this downturn presents a buying opportunity for long-term accumulation. WLFI’s Crypto Portfolio Decline World Liberty Financial (WLFI), backed by US President Donald Trump, recently invested $242.77 million […]
THORChain’s governance body has passed Proposal 6 as part of its restructuring efforts to resolve a nearly $200 million debt crisis. The approved plan involves converting defaulted debt into TCY (Thorchain Yield) equity tokens, eliminating the need for a private raise, and leveraging existing treasury funds to facilitate recovery. Under this framework, 200 million TCY […]
Crypto markets have tanked to their lowest levels in 2025 as US President Donald Trump escalated his trade war over the weekend with hefty tariffs on Canada, Mexico, and China. Last week, Federal Reserve chair Jerome Powell said that policymakers didn’t need “to be in a hurry” to cut rates while maintaining them at 4.25% […]
The geopolitical uncertainty started by the new US president over the weekend took its toll on the crypto market, which is always open for trading. Bitcoin’s price tumbled by ten grand within a day to an intraday low of $91,500 (on Bitstamp), while the altcoins were smashed with massive double-digit price drops, leaving billions worth […]
Solana is currently dominating the retail decentralized exchange (DEX) market and accounts for 48% of total DEX volume. In fact, nearly 60% of this activity is driven by the popular Solana-based meme coin platform pump.fun transactions, according to OKX’s recent report shared with CryptoPotato. Solana vs. Ethereum While Solana leads in overall transaction volume, Ethereum […]
Spanish law enforcement, in partnership with blockchain firms Tron, Tether, and TRM Labs, has frozen $26.4 million in cryptocurrency linked to a money laundering network operating across Europe. The operation was carried out by the T3 Financial Crime Unit, an initiative formed in August 2024 by the three companies to combat illicit financial activities. The […]
Bitcoin’s weekend took a wrong turn in the past 12 hours or so as the asset plunged below $100,000 for the first time since the Monday crash. As expected, the altcoins have turned red as well, with substantial losses from the likes of LINK, SOL, AVAX, DOGE, and others. BTCUSD. Source: TradingView Recall that the […]
A New Jersey jury has convicted a man for his role in a drug trafficking and money laundering operation that used wire transfers and cryptocurrency to move illicit funds. The scheme, which prosecutors in the case say ran for six years, involved importing and distributing fentanyl-related substances. Crypto-Fueled Drug Network The federal jury found William […]