Trump Comments on Fed Chair’s Feelings as Crypto Market Rises
Simply put The Federal Reserve decided to keep interest rates the same on Wednesday. Meanwhile, Bitcoin surged past $100,000 on Thursday. President Trump continued to voice his criticism of Federal Reserve Chairman Jerome Powell. On Thursday, Bitcoin and various cryptocurrencies saw a notable rise, buoyed by the recent US-UK trade agreement, even as Chairman Powell […]
Crypto leader Alex Mashinsky receives a 12-year prison sentence for Celsius fraud.
Alex Masski, the founder and former CEO of Celsius Network, which recently went bankrupt, received a 12-year prison sentence on Thursday after admitting to securities and product fraud back in December. This sentence was handed down by US District Judge John Cortre in Manhattan and marks one of the most prolonged criminal cases linked to […]
Crypto Stocks Rise as Bitcoin Exceeds $100,000 for the First Time in Three Months
Key Takeout Bitcoin prices surged past $100,000 for the first time since early February, boosting crypto-related stocks. Shares of Coinbase reflected a similar rise, along with major Bitcoin investors and crypto miners Mara and Riot. The price surge followed President Donald Trump’s announcement of a trade deal with the UK, fostering optimism about trade discussions […]
Senator Ruben Gallego Is About to Betray the Crypto Community After Receiving $10 Million from a Pro-Crypto PAC
Gallego Faces Fallout from Stolen Funds in Crypto Backing Senator Ruben Gallego (D-AZ) finds himself embroiled in controversy following the theft of $10 million from a pro-crypto super PAC amid the 2024 Senate election. Currently, Gallego is in a tough race against Republican Kari Lake, vying for the seat left vacant by Senator Kirsten Sinema’s […]
Senate likely to continue towards a vote to promote crypto legislation while bipartisan discussions are in progress.
Senate Moves Forward with Crypto Regulation Vote WASHINGTON – The Senate, led by Republicans, is set to proceed with a vote on a bipartisan crypto-regulation bill this Thursday. However, there are uncertainties regarding whether sufficient support from Democrats will materialize, as discussions between the parties continue. The Senate Banking Committee had approved the Genius Act […]
Progressive Group Criticizes Democrats for Being ‘Completely Involved’ in Industry-Supported Crypto Bill
Senate Set to Vote on Controversial Cryptocurrency Bill The Senate appears ready to move forward with a vote on Thursday regarding a new legislative framework for cryptocurrency known as Stablecoin. This bill has faced criticism from the group Our Revolution, which accused Democrats of orchestrating a “conspiracy” behind its formation. Joseph Guibarghese, the Executive Director […]
Trump Under Senate Subcommittee Investigation for ‘Crypto Corruption’
Simply put Democratic Senator Richard Blumenthal has launched an investigation into President Trump’s cryptocurrency initiatives. Blumenthal argues that the introduction of Trump Meme Coin raises ethical concerns. The President’s various digital asset projects have stirred significant backlash from Democrats. Senator Richard Blumenthal is examining whether President Donald Trump’s cryptocurrency ventures may violate federal regulations. On […]
Sanders Sounds the Alarm on GOP Crypto Legislation Aimed at Benefiting Trump and His Wealthy Supporters
Sen. Sanders Critiques Cryptocurrency Bill Amid Controversy Senate Majority Leader Plough is set to support a cryptocurrency bill, while Senator Bernie Sanders plans to hold discussions on Wednesday with industry experts about the proposed legislation. He warns that the bill may “enrich Trump and his billionaire supporters.” The U.S. Stablecoins (Genius) Act aims to establish […]
Crypto sector encourages Senate to proceed with discussions on stablecoin legislation.
In light of recent actions by Republican leaders, some crypto-friendly Democrats are considering voting on related bills. Meanwhile, three significant Crypto Trade Associations are urging the Senate to prioritize Stubcoin legislation during this week’s discussions. The heads of the Blockchain Association, Crypto Council for Innovation, and Digital Chamber are advocating for the consideration of the […]
Democrats leave crypto hearing following tense exchanges
Several House Democrats left a hearing on the Cryptocurrency Act after Rep. Maxine Waters (D-Calif.) raised concerns about recent activities in the digital asset sector. Waters, a key member of the House Financial Services Committee, has been under pressure as she tries to halt a joint hearing with the House Agriculture Committee. Chairman of the […]