Trump’s $750 million cryptocurrency agreement raises questions: Family business sells to itself and profits significantly.
Trump Family’s Cryptocurrency Deal Raises Eyebrows The Trump family’s recent venture into the cryptocurrency arena has sparked concerns about potential conflicts of interest, particularly following a hefty $750 million deal involving their business operations. This news comes from reports by the Wall Street Journal. The focus of the arrangement centers on World Liberty Financial (WLFI), […]
92 cryptocurrency exchange-traded products are being developed: ‘A surge is expected soon’
Currently, there are at least 92 crypto exchange sales products waiting for a verdict from the Securities and Exchange Commission (SEC). Among these, Solana (SOL) and XRP (XRP) stand out as the most sought-after cryptocurrencies, with eight ETF applications pending for SOL and seven for XRP. This insight comes from James Seyfert, an ETF analyst […]
American Bitcoin, supported by the Trump family, to be listed on Nasdaq as cryptocurrency investors come on board
American Bitcoin’s Merger and Market Plans American Bitcoin, a miner backed by two sons of former President Trump, has secured backing from both crypto and traditional investors for an all-stock merger, enabling the company to trade on Nasdaq relatively quickly. This merger with Griffon Digital Mining is expected to be confirmed soon, aiming for a […]
One in four adults in the UK are willing to invest in cryptocurrency for retirement, according to a survey.
About 25% of adults in the UK are considering incorporating cryptocurrency into their retirement plans, which hints at a growing potential for crypto within the UK’s extensive pension market. British insurer Aviva shared on Tuesday that a recent poll conducted with 2,000 adults revealed that 27% would be open to using crypto in their retirement […]
Trump Media Ventures into Cryptocurrency with New Initiative
Trump Media & Technology Group, the parent company of Truth Social, has teamed up with Yorkville Acquisition Corp., a special purpose acquisition company (SPAC), and Crypto.com to establish a venture focused on cryptocurrency financing, specifically with the CRO digital asset. As part of this collaboration, Trump Media plans to acquire approximately $105 million in CRO, […]
Gemini and Ripple Introduce Credit Card with Cryptocurrency Rewards
Cryptocurrency exchange Gemini has partnered with blockchain company Ripple to introduce the XRP Edition of the Gemini credit card. This card allows users to earn rewards in the form of XRP, which is linked to the XRP ledger. It will be issued through Webbank and operated on the Mastercard network, as announced by Gemini on […]
South Korean Man Taken Into Custody for $50 Million Cryptocurrency Fraud
South Korean Man Arrested in Thailand Over Cryptocurrency Fraud A South Korean man was taken into custody on Saturday in Bangkok, Thailand, for allegedly laundering over $50 million in cryptocurrency within just three months by converting it into physical gold. Thai authorities have identified the man only as “Han.” He is believed to be a […]
The Effect of the Fed’s Changing Approach to Inflation on Cryptocurrency in Q4 2025 and After
Fed Chair Powell’s Jackson Hole Speech: Balancing Inflation and Employment On Friday, Federal Reserve Chairman Jerome Powell delivered a speech at this year’s Jackson Hole Economic Policy Symposium, where he addressed the delicate balance between rising inflation and vulnerable labor markets. The political landscape suggests that his successor may be cautious about interest rates. Powell’s […]
IRS cryptocurrency leader Trish Turner steps down after only three months in the position.
Trish Turner has stepped down from her role as head of the Internal Revenue Service (IRS) digital assets division, just three months after taking the position. “Having dedicated over 20 years to the IRS, I reflect on my journey with immense gratitude, particularly for the people I’ve worked alongside who play a truly vital role,” […]
Bitcoin Traders Prepare for Jackson Hole. Implications of Powell’s Major Speech for Cryptocurrency.
Key takeout Bitcoin traders were offloading their assets ahead of Jerome Powell’s much-awaited speech on Friday at the Jackson Hole Economic Policy Symposium. Current Bitcoin options pricing indicates a pessimistic outlook across various time frames. Analysts suggest that Bitcoin’s long-term upward trend may still have some life left in it. As market anticipation builds, Bitcoin […]