As the Senate shifts from stablecoins to market structure, Trump's digital assets businesses remain in the spotlight, drawing a new bill from Senator Schiff.
Trump Media recently raised more than $2 billion from around 50 institutional investors to create a BTC treasury.
Global Bitcoin and Ethereum-based funds led with net inflows of $1.1 billion and $124 million respectively.
Based on close readings of World Liberty Financial's website disclosures, the family of President Donald Trump may have dropped out of its majority holding.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Sherman had accused TikTok's owners of effectively bribing President Trump in reference to its looming U.S. ban.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
DT Marks DeFi LLC is listed as a "related person" on World Liberty Financial along with President Donald Trump, his sons Eric and Donald Jr.
President Donald Trump, who has interests in the stablecoin USD1 via his involvement in World Liberty Financial, has called on the US House of Representatives to move quickly on the GENIUS Act, a new bill aimed at regulating stablecoins and boosting America’s role in the digital asset economy. In a June 19 post shared on […]
The post Donald Trump urges swift GENIUS Act passage to dominate digital asset space appeared first on CryptoSlate.
U.S. spot Bitcoin ETFs' recent net inflow streak has extended to eight days, totaling $2.4 billion, despite relatively subdued price action.
Trump said in a Truth Social post that the GENIUS Act is going to make America the 'undisputed leader' in digital assets.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Tracy Hoyos Lopez, acknowledged as someone who helped "orange-pill" President Trump, is advising the firm.
Despite the positive ETF flows, analysts remain cautious amid the latest price dip as geopolitical tensions continue.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
World Liberty Financial finished its latest round of token sales in March, raising over $550 million overall.
The U.S. President also holds up to $5 million in crypto, $500,000 in gold bars, stakes in various companies, and a vast real estate empire.
The firm has not said how much of the $2.3 billion in capital it raised from around 50 institutional investors will go towards BTC purchases.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The US Securities and Exchange Commission (SEC) is rolling back 14 proposed rules, including key measures that once targeted the crypto industry. The decision, announced on June 12, illustrates the shift in regulatory priorities as the agency distances itself from the aggressive stance adopted during the previous administration. The withdrawn proposals were introduced between March […]
The post SEC pulls back from crypto rules proposed under Gary Gensler administration appeared first on CryptoSlate.
Meanwhile, U.S. regulatory momentum is building, with stablecoin legislation advancing and a market structure bill in the works.
The U.S. president addressed an annual Coinbase event.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Facebook's earlier Libra project collapsed under regulatory pressure, but a slew of Big Tech firms are now exploring stablecoin adoption.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
These strategies distort liquidity and sentiment, posing long-term risks to bitcoin's stability and adoption, the digital asset bank said.
With macro jitters rising ahead of today's CPI data, that caution might be the setup for the next breakout, according to K33.
Brian Quintenz told senators at his confirmation hearing for CFTC chairman that Congress needs to ensure "full promise" of digital assets' potential.
Magic Eden publicly promoted the Trump Wallet, but conflicting claims and legal fallout raise questions about how clearly the partnership was understood.
The company's holdings now total around 2.8% of the total 21 million bitcoin supply — worth over $62 billion.