“Feels like a great time to enter BTC!” exclaimed Eric Trump on X on Jan. 6. The post followed a similar one on Feb. 3 when he said it was a “great time to add ETH,” resulting in a double-digit recovery for the asset. However, there was little reaction on spot markets for BTC, which remains […]
The SEC is scaling back its special unit of more than 50 lawyers and staff members that were responsible for bringing crypto enforcement actions, according to a Feb. 4 New York Times report citing people with knowledge of the matter. Some of the lawyers in the crypto enforcement unit are being assigned to other departments […]
The Thailand Securities and Exchange Commission (SEC) is preparing to implement a DLT-based debt instrument trading system. The main objective is to encourage securities firms to engage in digital token trading. According to Jomkwan Kongsakul, who happens to be the deputy secretary-general of the SEC, the regulator has already approved four digital token projects and […]
On Feb. 5, Ripple chief technology officer David Schwartz reported that the network is now recovering before adding, “We don’t know exactly what caused the issue yet.” The XRP Ledger (XRPL) experienced a rare one-hour outage late on Feb 4 when block production stopped at ledger height 93927173. However, the network recovered on its own […]
Ethereum prices have gained around 11% on the day to reach $2,900 during early trading in Asia on Feb. 4 before it retraced slightly. It is on the path to recovery from a crash to $2,260 on Monday following President Donald Trump’s imposition of trade tariffs on Canada, Mexico, and China. Some of those tariffs […]
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 […]
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 […]
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 […]
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% […]