Major industry figures, such as Chris Dixon and Brian Armstrong, have publicly backed the bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. This endorsement comes ahead of a key Senate vote scheduled for this Thursday. Industry Support Introduced in February 2025 by Senator Bill Hagerty, the GENIUS Act is co-sponsored by Senate […]
Bitcoin prices reached an intraday and five-day high of $97,650 during early trading in Asia on Wednesday, May 7. The move has returned the asset to the same level it reached on May 2, where it hit resistance and retreated back below $94,000. Today’s jump added almost $4,000 to BTC prices in around 12 hours, but […]
Although BTC failed at $100,000 and the broader market faced a minor 2.1% pullback, U.S. President Donald Trump has doubled down on his pro-crypto stance, calling the asset class “very popular,” “very hot,” and even “much stronger” than the stock market. The comments were made in a May 4 sit down with Meet the Press […]
A social engineering scam has resulted in the loss of over $330 million in BTC from an elderly investor based in the United States. The stolen amount, totaling 3,520 BTC, was drained from a wallet that has been mainly inactive since 2017. Details of The Exploit According to findings shared by blockchain detective ZachXBT on […]
Sam Altman’s World has officially launched in the United States, with plans to deploy 7,500 of its eye-scanning orbs across American cities by the end of the year. The project has also revealed a suite of new features and partnerships as part of the expansion. US Expansion Plans An April 30 announcement reveals that the […]
Two bills that would allow the US state to invest in digital assets have cleared both legislative chambers and now await Governor Katie Hobbs’ decision. Senate Bill 1025, the Arizona Strategic Bitcoin Reserve Act, and Senate Bill 1373, establishing a Digital Assets Strategic Reserve Fund, would authorize the state treasurer and retirement system to invest […]
Nexo, the global digital assets wealth platform, has announced its return to the United States market. The development was revealed during an exclusive business event featuring keynote addresses from Donald Trump Jr., Executive Vice President of The Trump Organization; Gila Gamliel, Israel’s Minister of Innovation, Science, and Technology; and Antoni Trenchev, Co-Founder of Nexo. Optimism […]
The Federal Reserve Board on Thursday announced the withdrawal of guidance for banks related to their crypto asset and stablecoin activities, with changes to its expectations for these engagements. According to a statement, the move aims to ensure its supervisory approach remains aligned with evolving risks and to support innovation within the banking system further. […]
Crypto markets have shown renewed energy following a period of correction. This has prompted a growing speculation about a possible trend reversal. While it’s too early to call it a full recovery, investor behavior is starting to suggest something more than a temporary bounce. US investors, for one, appear to be regaining confidence. US Buyers […]
OKX announced on Tuesday that it is reopening its U.S. crypto exchange and introducing a new Web3 wallet for American users. The move follows a $505 million deal with the U.S. Department of Justice (DOJ) earlier this year. The Launch Details “We’re officially launching in the U.S. with our centralized exchange and powerful multi-chain Web3 […]