President Donald Trump will use a White House event on Wednesday to spotlight his administration’s efforts against foreign criminal networks that lure Americans into fraudulent crypto investments, a White House official told Reuters. His own family, meanwhile, is heavily involved in soliciting crypto investments. Cabinet Officials Set to Attend Scam Event Cybercrime prevention more broadly […]
Although BTC is already down by several grand since its local peak, the real trouble could be around the corner as reports emerged hours ago that US President Donald Trump is preparing a fresh wave of attacks against Iran during the weekend. The US stock market also plummeted again on Friday, especially the Nasdaq 100, […]
Although it will probably not be as impactful as the previous one (or the next), the current business week will still outline several important US economic releases that could move the crypto market in either direction. Services activity, the latest Fed minutes, which are perhaps the most anticipated piece of news, jobless claims, and consumer […]
Milwaukee-based Fiserv announced on October 1 that its digital asset platform is live with financial institutional clients, and Bank of North Dakota’s Roughrider Coin is the first product running on it. The dollar-backed stablecoin settles on Solana and gives more than 90 banks and credit unions in the state a new way to move money […]
Robinhood plans to launch perpetual futures for eligible US customers in the coming months. CEO Vlad Tenev said the company is bringing America “its first true perps” in a post on X, adding that profit and loss will settle every 15 minutes. Eight Crypto Assets, Up to 10x Leverage The company announced the product on […]
Bitcoin’s impressive rally that began in August and culminated, for now, a few days ago with a surge past $87,000 could be in serious jeopardy as the tension in the Middle East has escalated once again. The Wall Street Journal reported that US President Donald Trump has rejected Iran’s latest peace proposal and even warned […]
The Trump administration is reportedly considering an initiative to promote dollar-denominated stablecoins overseas. The goal, according to a Bloomberg report citing people familiar with the plans, is to protect the dollar’s place as the world’s reserve asset and to raise demand for US Treasuries, which stablecoin issuers typically hold as reserves. Joint Ventures and Federal […]
Despite the overall macro calamity experienced last week, bitcoin’s price surged from $75,000 to almost $82,000 within days, hitting its highest level since the start of the month. However, the breakout attempt was halted at $82,000 due to more worrisome news from the Middle East. There’s also a technical aspect that helped prevent another leg […]
Senate Republicans have released updated CLARITY Act text ahead of the September 15 procedural vote, adding new rules for non-decentralized DeFi protocols and clarifying how credit unions can deal in crypto. The changes reflect weeks of negotiation over the August recess, but they leave untouched the ethics provisions that have stalled Democratic support for the […]
It was less than a month ago when the US Treasury Department announced it would double the maximum size of liquidity-support buybacks for longer-dated government debt. Bitcoin’s price reacted at the time with an immediate leg up. The Treasury now said it would triple it to $6 billion, but BTC remained flat and even dipped. […]