Lawmakers promote the CLARITY Act as essential for fostering crypto innovation and ensuring regulatory clarity.
The U.S. House of Representatives Financial Services Committee held a hearing on Friday to discuss future regulations for digital assets. During the session, lawmakers and industry leaders suggested that the Digital Asset Markets CLARITY Act could enhance the U.S.’s status as a frontrunner in cryptocurrency innovation. Lawmakers seek clearer crypto market rules This hearing, titled […]
Crypto Update for July 15: Bitcoin Approaches $65,000 as Cryptocurrency Rises on Lower Inflation Figures
Crypto Market Update – July 15 As of the evening of July 15th, Bitcoin (BTC) saw a slight increase of 0.6%, valued at $64,939.64. Meanwhile, Ethereum climbed 2.6% to reach $1,923.23, and Solana rose 0.3%, now priced at $77.35. Today’s Highlights Today’s shift in prices shows Bitcoin has decreased by 0.25%, settling at $64,559.00, with […]
Corrupt LA sheriff’s deputy who acted as enforcer for crypto ‘godfather’ finds out his sentence
A former sheriff’s deputy from Los Angeles County, who misled investigators to protect a cryptocurrency fraudster from punishment, has been sentenced to 18 months in federal prison, as declared by prosecutors. Scott Allen Simpkins, aged 34 and from Brea, was also fined $10,000 after admitting to giving false testimony during the case involving Adam Isa, […]
Trump’s crypto venture brought him wealth while countless investors faced significant losses.
President Donald Trump remotely rang the opening bells for the New York Stock Exchange and Nasdaq from the Oval Office on Monday, promoting the launch of the Trump Account. This initiative aims to provide newborns with $1,000 in savings, funded by federal money and private donations. However, this philanthropic image contrasts sharply with Trump’s ongoing […]
What to Anticipate in the Upcoming Crypto Bull Market
The previous cryptocurrency bull market, which concluded in October 2025, leaned more on narratives than tangible economic progress. While meme coins and various networks made grand claims, they lacked many innovative features that would grab buyers’ attention. Presently, as Bitcoin (BTC 0.43%) moves past what has been its toughest period since 2022, early signs of […]
Prosecutors to dismiss charges against suspected leader of $722 million crypto Ponzi scheme
Charges Dropped Against Crypto Scam Suspect The CFTC Chairman Michael Selig recently appeared on “Morning with Maria” where he addressed multiple topics, including the Clarity Act, the future of cryptocurrency regulation, the increase in prediction markets, and the CFTC’s approach to recent market fluctuations amid Middle Eastern tensions. Meanwhile, the Department of Justice is set […]
Crypto remains ‘not an option’ for Singapore’s Temasek, four years after the FTX failure
Temasek Remains Cautious on Cryptocurrency Investments During the Singapore FinTech Festival on November 16, 2023, Nagi Hamie, president of Temasek Global Investments, stated that the company is not considering investments in cryptocurrencies at this time. This decision comes as Temasek seeks to recover from significant losses related to its investment in the now-defunct cryptocurrency exchange […]
Almost a Million Investors Lost $3.8 Billion on Trump Crypto Coin
Trump Supporters Face Huge Cryptocurrency Losses The most recent figures about supporters of Trump who have invested in cryptocurrency paint a grim picture. According to a report from Nansen, a crypto analytics firm, close to 1 million individuals who purchased President Trump’s meme coins experienced significant losses by the end of June, totaling around $3.81 […]
Bitcoin rises after Trump claims he is ‘a big crypto guy’
Bitcoin saw a surge on Monday after President Trump dubbed himself a “crypto mogul” and gave a somewhat positive, yet vague, reply when asked if digital currencies might be part of his newly established Trump account. This came after the cryptocurrency dipped nearly 2% toward $60,000, following reports that the largest corporate owner of Bitcoin, […]
The Federal Reserve Has Just Announced Great News for Crypto Investors. Which Cryptocurrencies Should You Purchase?
Federal Reserve Chairman Comments Impact Crypto Market On July 1, Kevin Warsh, the new chairman of the Federal Reserve, stated to the European Central Bank Committee that “inflation risks have decreased.” This remark sent shockwaves through the virtual currency market, with Bitcoin rebounding to around $60,000, lifting the entire sector. However, before assuming that Warsh’s […]