Washington is a mulling plan to actively promote USD-backed stablecoins worldwide in a bid to cement the greenback's global reserve status.
Onchain records show that an $800 million crypto stake that matched Donald Trump's holding was moved into a vesting contract, locking any sales until 2028 after a mandatory 10% token burn.
Senate Republicans rewrote key parts of the CLARITY Act as they made a final push for Democratic votes Tuesday. “This text is truly bipartisan and includes more than 120 of Democrats’ demands,” Sen. Cynthia Lummis said Monday as she, Senate Banking Committee Chairman Tim Scott and Senate Agriculture Committee Chairman John Boozman released the final […]
The post Here’s what’s new in the final CLARITY Act before Tuesday’s Senate vote appeared first on CryptoSlate.
The CLARITY Act’s chances of becoming law climbed above 32% as Senate Republicans unveiled their final compromise before Tuesday’s cloture vote. Polymarket traders pushed the probability of the landmark crypto market-structure legislation being enacted in 2026 to its highest level since Aug. 2 after Republicans released a 635-page final draft designed to resolve several disputes […]
The post Trump concession sends CLARITY Act odds above 32% before make-or-break Senate vote appeared first on CryptoSlate.
Bitcoin surged above $70,000 for the first time since June as falling Treasury yields and Washington’s crypto push crushed bearish bets. Data from CryptoSlate shows that BTC extended its breakout above $72,000 on Thursday, taking its gain since Monday to roughly 15%. It has climbed to $72,207 as of press time. Blockchain analysis firm Glassnode […]
The post Bitcoin blasts past $72,000 as Trump, Treasury buybacks wipe out $3.1B in shorts appeared first on CryptoSlate.
President Donald Trump and the heads of the SEC and CFTC are expected to meet crypto and prediction-market executives at the White House next week as the industry’s biggest legislative priority faces dwindling odds of becoming law this year. According to reports, the Aug. 19 gathering is expected to include executives from Coinbase, Andreessen Horowitz, […]
The post Trump to meet Coinbase, Ripple and crypto leaders as CLARITY Act odds collapse to 10% appeared first on CryptoSlate.
The Truth Social parent held 9,477 BTC worth $557 million at the end of June, while its Cronos position also suffered a steep drop in value.
On March 6, 2025, President Donald Trump signed an executive order creating the Strategic Bitcoin Reserve, and most of the attention went straight to the grand idea: America had built a digital Fort Knox, the government would stop selling Bitcoin, and Washington could perhaps add more without charging taxpayers. However, the executive order’s operative language […]
The post The US says it has a Bitcoin reserve, but nobody can agree on how much it owns appeared first on CryptoSlate.
Trump Media & Technology Group and Crypto.com scrapped plans for a $6.42 billion digital-asset treasury venture. The move unwinds one of the largest crypto projects connected to President Donald Trump as scrutiny of his family’s digital-asset businesses intensifies in Washington. On Aug. 7, Trump Media, Crypto.com, and Yorkville Acquisition Corp. said they had mutually agreed […]
The post Trump Media’s $6.4 billion crypto venture canceled amid escalating Trump ethics concerns appeared first on CryptoSlate.
The Truth Social parent company is refocusing on media and its pending merger with a fusion energy firm, as the digital asset treasury boom has lost its steam.
On April 9, 2025, Donald Trump told his Truth Social followers that it was “a great time to buy,” then announced a 90-day pause on many of his new tariffs a few hours later. The S&P 500 finished the day 9.5% higher, Bitcoin gained more than 5%, and crypto traders holding short positions lost $374 […]
The post Donald Trump releases the $1.2 million data feed that lets Wall Street front-run his market-moving policy announcements appeared first on CryptoSlate.
Senate negotiations over the landmark CLARITY Act are producing fresh concessions, but little evidence that the parties are moving closer to a deal. Democrats are moving on regulatory appointments and ethics, while law-enforcement groups have proposed new language for one of the CLARITY Act’s most contentious provisions. The White House and crypto advocates, however, have […]
The post A secret 11th-hour CLARITY proposal to protect crypto coders was just ripped apart by both sides of Washington appeared first on CryptoSlate.
President Donald Trump joked about seeking a fourth term as millions of dollars in his namesake meme coin moved toward exchanges. Trump used the White House Correspondents’ Association dinner to revive one of his longest-running political provocations, pulling out a red “Trump 2028” hat and declaring that he intended to run again. He joked: “I’m […]
The post Trump jokes about 4th term as $17 million in TRUMP tokens move onto exchanges appeared first on CryptoSlate.
The revised CLARITY Act is exposing unusual divisions across Wall Street, Washington and the crypto industry as lawmakers struggle to build support for a Senate vote. Senate Republicans this week released a new draft that would bar the president and other federal officials from issuing or sponsoring digital assets. The changes have drawn sharply different […]
The post CLARITY Act splits Wall Street and crypto as Goldman Sachs breaks with banks and Charles Hoskinson backs Warren appeared first on CryptoSlate.
President Donald Trump has reportedly agreed to proposed ethics restrictions tied to sweeping US cryptocurrency legislation, addressing one of the biggest obstacles in months of negotiations and shifting the next decision to Senate Democrats who have demanded limits on how public officials can profit from digital assets. The agreement came after Trump met last week […]
The post Trump backs crypto ethics limits, putting CLARITY Act decision in Democrats’ hands appeared first on CryptoSlate.
The White House is increasing pressure on the Senate to pass the CLARITY Act before lawmakers leave Washington for their August recess. On July 13, President Donald Trump urged the US Congress to approve the legislation and cast the measure as part of the United States’ competition with China over cryptocurrency and artificial intelligence. He […]
The post Trump puts Senate on a 24-day clock to find 60 votes for America’s crypto CLARITY Act rulebook appeared first on CryptoSlate.
Donald Trump’s latest financial disclosure showed how closely digital-asset policy, personal financial interests, branded tokens, and presidential power now sit together. His highly scrutinized recent filing points to a governance problem that extends well beyond any one politician, because crypto can convert access, symbolism, and regulatory attitudes into value faster than older business interests ever […]
The post Trump’s crypto disclosure exposes an institutional problem that markets price in real time appeared first on CryptoSlate.
The TRUMP token is down 96% from its peak, and 85% of secondary market wallets for WLFI are underwater, reflecting a broader downturn in the sector.
On June 29, the US Supreme Court ruled that President Donald Trump had the authority to remove the Federal Trade Commission (FTC) Commissioner Rebecca Slaughter, rejecting the statutory limits that previously allowed FTC commissioners to be fired only for cause. This decision overturned Humphrey’s Executor, the 1935 precedent that had protected certain independent agency commissioners […]
The post SEC and CFTC crypto plans face new risk from Supreme Court ruling appeared first on CryptoSlate.
The CLARITY Act, the crypto industry’s most important bill in Congress, is running out of time. The bill, which would establish federal rules for the crypto industry, is increasingly at risk of slipping deeper into the 2026 election year amid renewed partisan fights and a new demand from President Donald Trump that has made an […]
The post CLARITY Act chances of passage this year falls to 50% after Trump’s new demands appeared first on CryptoSlate.
President Donald Trump has spent his second term trying to close the door on a U.S. central bank digital currency. On Wednesday, he canceled a planned signing ceremony for a housing bill that would put a temporary ban on a Fed-issued digital dollar into federal law. The decision placed Trump in the unusual position of […]
The post Why anti-CBDC Trump refuses to sign bill banning a digital dollar through 2030 appeared first on CryptoSlate.
Congress Sends Anti-CBDC Housing Bill To Trump After House Vote
TL;DR
The House passed the 21st Century ROAD to Housing Act after earlier Senate app
Senate Democrats call for hearings into whether a $500 million investment by UAE officials in World Liberty Financial influenced Trump's policy decisions.
UFC Freedom 250 paid fighter bonuses in USD1, the stablecoin issued by the Trump-linked crypto venture World Liberty Financial, at a contest held at the White House.
Bitcoin is already being eyed for a move toward $65,000 if a US-Iran deal is sealed, with US President Donald Trump saying such an agreement could be signed within two or three days. Related Reading: A 400 Billion Shiba Inu Surprise: Whale Wallet Springs Back To Life The top crypto asset had also clawed back from recent lows near $59,500 and was trading around $62,350 as traders weighed the odds of a shift in Middle East tensions. Trump Sets A Tight Timeline Trump said on Monday that talks were in their final stretch and that he did not see major obstacles left. He described the deal as a strong one and tied the talks to wider efforts to calm the fighting in the region. The comments came after reports that Trump warned Israeli Prime Minister Benjamin Netanyahu that continuing military action could leave Israel with less US backing. He later wrote on Truth Social that Iran and Israel were both looking for an immediate ceasefire while peace talks kept moving. Deal Hopes Meet Old Doubts The latest timeline has not quieted skepticism. Trump has raised hopes of a near-term deal before, and the new comments landed after weeks of similar claims that never turned into a signed agreement. Some of the hardest issues are still unresolved, including sanctions, nuclear limits, and long-term security guarantees. Reuters has also reported that earlier talks left the sides split over frozen funds and the future of shipping through the Strait of Hormuz. ???? TRUMP: IRAN DEAL COULD BE DAYS AWAY PRESIDENT TRUMP SAYS THERE IS A “VERY GOOD CHANCE” OF REACHING A DEAL WITH IRAN IN THE NEXT TWO OR THREE DAYS “WE’RE VERY CLOSE.” WHAT HAPPENS TO OIL IF A DEAL GETS DONE? pic.twitter.com/YpXuhpDCNm — Money Ape (@TheMoneyApe) June 9, 2026 That is why traders are treating the latest remarks as one more step, not a finish line. Reports suggest that a successful deal could open the door first to the $65,000 area and, with stronger buying, to $70,000 and beyond. Oil Markets Still In The Frame Oil is part of the same trade. Reuters reported that crude fell on Tuesday after Iran and Israel said they had halted attacks, with Brent at $92.60 a barrel and US West Texas Intermediate at $89.10. The Strait of Hormuz remains the key pressure point, since it handles a large share of global oil and gas flows, and any easing of tension there could cool prices further. There were also reports that the market has swung on and off this storyline before, with each new round of hope meeting fresh warnings soon after. Related Reading: Security Milestone: XRP Lending Protocol Completes Military-Grade Assessment For Bitcoin, that leaves a narrow path. A deal that cools oil and broadens risk appetite could help crypto, but the market is still waiting for an actual signature, not just another promise that talks are close. Featured image from Unsplash, chart from TradingView
President Donald Trump’s family has turned crypto into one of the most lucrative businesses tied to its name, outpacing some of the companies that spent years building the digital asset market. Between the post-election momentum of November 2024 and April 2026, ventures tied to the US President generated roughly $2.3 billion in pretax crypto income, […]
The post Trump family’s $2.3B crypto windfall matched by $2.25B in investor losses, Reuters finds appeared first on CryptoSlate.
Crypto exchange HTX will permanently remove President Donald Trump-backed World Liberty Financial’s fiat-backed USD1 stablecoin from its trading platform. Beginning June 7, the digital asset exchange said it will systematically convert all eligible retail customer balances of the USD1 token into Tether (USDT) at a strict one-to-one valuation. This intervention arrives as direct retaliation after […]
The post Trump’s family crypto feud spills into customer accounts after wallet freeze appeared first on CryptoSlate.
A renewed push to solidify the United States’ foothold in the digital asset market emerged Thursday as lawmakers unveiled legislation to establish a formal strategic Bitcoin reserve and consolidate the federal government's multibillion-dollar cryptocurrency stockpile. Spearheaded by Representative Nick Begich, the American Reserve Modernization Act (ARMA) of 2026 mandates the creation of a secure Bitcoin […]
The post US lawmakers push new Strategic Bitcoin Reserve act to secure $25 billion federal stash appeared first on CryptoSlate.
Wyoming’s special purpose depository institutions — companies built around crypto — could soon have a path to something they’ve long been denied: a Federal Reserve master account. A new executive order signed by US President Donald Trump puts that possibility on the table, along with a broader push to open up the US banking system to crypto and financial technology companies. Related Reading: XRP Will Go ‘Higher, Much Higher,’ Analyst Says, Betting On Explosive Breakout The Fed’s Role Under Scrutiny The order calls on the Federal Reserve’s Board of Governors to weigh whether uninsured depository institutions and non-bank financial companies that deal in digital assets should get direct access to Reserve Bank payment accounts and services. It also asks the Fed to look at legal barriers to that access and, if current law allows it, to set up clear application procedures. Decisions on completed applications would need to come within 90 days. That directive is one piece of a much larger policy move. Trump signed the order Monday, instructing federal regulators across multiple agencies to update their rules and clear the way for crypto and fintech firms to work alongside traditional financial institutions. The order sets a government-wide goal of cutting unnecessary barriers to entry and encouraging cooperation between technology-driven financial companies and federally regulated banks. LATEST: Trump just signed a new executive order that could change crypto banking in America and could open the US banking system to crypto and fintech companies. The Fed has 120 days to study whether digital asset companies can use the same banking infrastructure as major banks.… pic.twitter.com/IvlE5qoGsw — Bitinning (@bitinning) May 20, 2026 Agencies Given 90 Days To Act The Securities and Exchange Commission, Commodity Futures Trading Commission, Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corp are among the agencies called on to act. Each has been directed to review its current supervisory practices within 90 days, with specific attention to any policies blocking fintech firms from forming partnerships with federally regulated institutions. Regulators are also being asked to look at how to make it easier for fintech companies to apply for bank charters, deposit insurance, and other federal approvals. The order states the review should uphold consumer protection, market integrity, and financial stability — not set those aside in favor of speed. The order defines fintech broadly. It covers companies offering services tied to digital assets, blockchain infrastructure, payment processing, custody, lending, brokerage, and securities market operations. Related Reading: Zcash Soars 88% In 30 Days: Is ZEC The Stealth Winner Of This Crypto Cycle? A Broader Shift In Policy Direction The move stands in contrast to calls from Sen. Elizabeth Warren, who has pushed for tighter limits on banking access for crypto companies. Trump’s order runs in the opposite direction. One side note drew attention the same day the order was signed. Trump’s media company, Truth Social, pulled its SEC filings for a Bitcoin exchange-traded fund, a combined Bitcoin-Ethereum ETF, and a crypto blue chip ETF — a move that sat awkwardly alongside the administration’s broader push to bring crypto further into the mainstream financial system. Featured image from Unsplash, chart from TradingView
The former Alt5 Sigma marked its 7.28 billion WLFI tokens at $706 million, down from a roughly $1.46 billion cost basis, while disclosing that the holdings remain locked amid liquidity concerns.