Two US Democratic Senators are demanding answers from Meta CEO Mark Zuckerberg over reports that the social media giant is exploring a new stablecoin project. In a letter dated June 11, Senators Elizabeth Warren and Richard Blumenthal asked Zuckerberg to explain Meta’s current ambitions in the digital currency space. The move follows news that the […]
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While Solana is up just 5% over the past year, global sentiment around the altcoin is bullish due to its potential technical capabilities to outperform its main rivals in performance. Solana’s Firedancer validator client, expected to leave testnet in 2025, is demonstrating transaction-per-second capabilities exceeding one million in test environments, a development aimed at solving […]
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Ukraine is taking a significant step toward adding Bitcoin to its national reserves. On June 10, the Ukrainian parliament received a draft bill proposing an amendment to the National Bank of Ukraine’s (NBU) asset reserve policy. This change would allow the central bank to add cryptocurrencies alongside gold and foreign currencies to its reserves. Ukrainian […]
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A growing divide is emerging among US states over how to approach digital assets, with some jurisdictions warming up to Bitcoin and blockchain innovation, while others are slamming the brakes. This has become particularly evident in how Connecticut and Louisiana offer contrasting responses to the evolving crypto economy through recent legislative efforts. No Bitcoin reserve […]
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A legislative proposal to establish a regulatory framework for digital assets in the United States, the Digital Asset Market Clarity Act, has advanced through two key House committees with bipartisan support. The bill, also known as H.R. 3633, cleared the House Financial Services Committee with a 32-19 vote and the House Agriculture Committee with a 47-6 […]
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A new House bill introduced Friday would lock in President Trump’s unprecedented executive order establishing a Strategic Bitcoin Reserve, signaling the GOP’s deepening embrace of digital assets as fiscal and geopolitical leverage tools. The bill, H.R. 3798, sponsored by Rep. Tim Burchett (R-TN), aims to codify Executive Order 14233, signed by Trump. The order halted […]
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Argentina’s Anti-Corruption Office has determined that President Javier Milei did not violate any ethics laws when he promoted the Solana-based LIBRA memecoin in February. In a resolution issued on Friday, the office declared that Milei’s Feb. 14 X post constituted a personal statement rather than an official announcement as a public servant. Therefore, Milei’s post […]
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President Donald Trump and Elon Musk’s fallout caused a major spikes in memecoin launches and trading, with the largest tokens by trading activity generating over $355 million in volume over the past 24 hours, according to DEX Screener data. As traders seized on the pair’s high-profile social media clash using Solana’s ecosystem, Official Trump (TRUMP) […]
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Trump Media & Technology Group has filed a Form S-3 with the U.S. Securities and Exchange Commission, registering 85 million securities related to its previously closed $2.44 billion Bitcoin treasury deal. The filing also includes a universal shelf registration, granting the company flexibility to issue additional securities in the future as part of a broader […]
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Bitcoin briefly dipped to $100,000 before swiftly rebounding to $103,000 in early trading hours Friday, as markets reacted to an explosive social media fallout between U.S. President Donald Trump and Tesla CEO Elon Musk. The confrontation, unfolding in real time across Truth Social and X, was marked by Trump’s threat to revoke federal contracts and […]
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Bo Hines, who leads President Donald Trump’s advisory council on digital assets, recently met with El Salvador’s President Nayib Bukele to discuss potential partnerships in the crypto space. In a post shared on June 5, Hines revealed that the meeting centered around digital asset development and a shared ambition to reshape global finance. He also […]
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South Korea’s newly elected president Lee Jae-myung has vowed to legalize spot Bitcoin exchange-traded funds and launch a national KRW-backed stablecoin, which could turbocharge crypto adoption across Asia’s fourth-largest economy. Lee, a liberal firebrand and former mayor of Seongnam, clinched the presidency with 49.4% of the vote in the June 3rd snap election, ending months […]
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A Bitcoin-linked scandal has thrown the Czech government into crisis. Prime Minister Petr Fiala is facing calls for a no-confidence vote from the opposition following Justice Minister Pavel Blažek’s resignation. The controversy stems from a Bitcoin donation tied to Tomáš Jirčikovský, a convicted criminal known for operating Sheep Marketplace, a dark web platform previously used […]
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World Liberty Financial, a DeFi venture part-owned by a trust of US President Donald Trump, has kicked off a new airdrop campaign targeting early backers. On June 4, the blockchain analytics platform Lookonchain confirmed that the project began distributing $47 worth of its USD1 stablecoin to wallets that participated in the WLFI token sale. The airdrop, approved […]
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The California State Assembly has unanimously passed AB 1180, a bill that allows state agencies to begin accepting Bitcoin and other digital assets as payment for certain regulatory fees. Authored by Assemblymember Avelino Valencia (D-Anaheim), the legislation cleared the Assembly floor on June 3 with a decisive 78–0 vote (2 NV) and is now under […]
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Brian Armstrong, the CEO of Coinbase, issued a stark warning this week: if U.S. lawmakers don’t get the national debt under control, Bitcoin could supplant the dollar as the world’s reserve currency. “If the electorate doesn’t hold Congress accountable to reducing the deficit, and start paying down the debt, Bitcoin is going to take over […]
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Former UFC champion and Irish presidential hopeful Conor McGregor is doubling down on his vision for an Irish strategic Bitcoin reserve. On May 30, he took to X to pledge a “decentralised blueprint for sovereignty,” stating that Germany had “dropped the ball,” and promising that “Ireland will not.” He also tagged El Salvador’s president Nayib […]
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Czech Justice Minister Pavel Blažek resigned on May 30 after his ministry sold roughly $45 million in Bitcoin (BTC) that a man convicted of drug trafficking had donated. According to local media reports, a state wallet received more than 480 BTC. Officials immediately liquidated the amount for almost one billion Czech koruna, worth over $45 […]
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Vegas glitters differently when thirty thousand badge-wearing bitcoiners clog the marble concourses of the Venetian, screens flashing a frothy $105-to-106k tape for BTC, and every espresso line buzzing with “hash-rate” small talk. Three-day festivals usually disperse into noise, yet this one distilled a single theme: the conversation has vaulted beyond legitimacy questions. Governments, regulators, and […]
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A US federal court has delivered a sweeping rebuke to President Donald Trump’s signature trade policy, ruling that his administration’s imposition of tariffs under the guise of a national emergency exceeded constitutional authority. The landmark decision from the US Court of International Trade immediately throws Trump’s tariff regime into legal limbo and global trade negotiations […]
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US Vice President JD Vance on May 28 said Operation Chokepoint 2.0 is “dead,” using his address at the 2025 Bitcoin Conference in Las Vegas to declare the end of federal regulatory actions that targeted the crypto sector and the beginning of legislative support for this industry. Vance said the President Donald Trump administration has […]
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The International Monetary Fund (IMF) has again called on El Salvador to keep its Bitcoin holdings unchanged. In a statement released on May 27, the IMF said government-owned wallets must not increase their BTC reserves and also urged the country to fully exit its role in the Chivo wallet by the end of July. According […]
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Bo Hines told the 2025 Bitcoin Conference in Las Vegas on May 27 that the federal government will hold every Bitcoin (BTC) already in custody and pursue additional budget-neutral ways to increase its Strategic Bitcoin Reserve. Hines, who serves as the executive director of the President’s Council of Advisers for Digital Assets, described Bitcoin as […]
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U.S. President Donald Trump’s private dinner gala with the top 220 holders of his memecoin, which generated controversy from its announcement, took place on May 22. But what was touted as “the most exclusive invitation in the world” elicited mixed and wide-ranging responses from its attendees. While some complained about the quality of the food […]
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Texas Governor Greg Abbott has sparked speculation about his backing of a proposed state-held Bitcoin reserve. On May 23, he shared a news article on his official X account that covered legislative efforts to pass the Strategic Bitcoin Reserve (SBR) bill. The article also acknowledged Abbott’s long-standing support for digital assets and highlighted his role […]
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Bitcoin has plummeted over 4% from its recent all-time high of $111,900 toward $107,000 as US President Donald Trump announced potential tariffs on iPhones not made in the USA and EU-imported goods. S&P 500 and oil futures fell over 1.6% and 0.9%, respectively, while gold is up 1.5%. Trump claimed the EU has been “very […]
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Texas is advancing plans to create a government-backed Bitcoin reserve after lawmakers approved Senate Bill 21 (SB 21) in its second House reading on May 20. According to voting records on the Texas Senate website, the proposal passed with a commanding 105 to 23 vote, reflecting rare bipartisan support. It now heads to a third […]
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Ripple CEO Brad Garlinghouse has expressed frustration after a meeting with pro-crypto US Senator Cynthia Lummis, who chairs the Senate’s Digital Assets Subcommittee, was canceled. In a May 19 post on X, Garlinghouse revealed he was in Washington, D.C., for discussions with lawmakers to promote reasonable regulations for stablecoins and crypto market structure. However, Garlinghouse […]
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Tron founder Justin Sun has confirmed he will attend a May 22 gala dinner organized for top TRUMP memecoin holders and hosted by US President Donald Trump. In a May 20 post on X, Sun said he was invited to the exclusive event and expressed gratitude and support for the US president. He said: “Honored […]
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The US Senate has moved the GENIUS Act one step closer to becoming law, following a 66–32 cloture vote on May 19. The vote signals rare bipartisan support, with over a dozen Democrats joining Republicans to move the bill forward after weeks of negotiation. Notably, its approval sends the proposed stablecoin legislation to the House […]
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