A Bloomberg investigation is drawing attention to a surprising connection between crypto giant Binance and the Trump-linked stablecoin USD1. According to sources familiar with the matter, Binance provided behind-the-scenes tech and promotional support for the token just months before its founder, Changpeng Zhao, better known as CZ, asked former President Trump for a pardon. Binance…
TL;DR Powell under pressure as $2.5B Fed HQ project faces criticism from lawmakers and agency officials. Trump demands Fed slash rates to 1.25%. William Pulte says Powell stepping down would be “right decision” as Fed meeting approaches July 29. Powell Faces Pressure Amid HQ Spending Backlash Federal Reserve Chair Jerome Powell is facing new pressure…
XRP just posted its biggest weekly rally in months, surging nearly 80% from April lows to hit a five-month high on Friday. The rally mirrors broader strength across the crypto market, as investors pile into risk assets amid fresh regulatory momentum and a record-breaking run for Bitcoin. The Ripple (XRP) token jumped as high as…
Key Takeaways Trump highlights surging US tech stocks and Bitcoin as signs of economic strength. He urges the Federal Reserve to cut interest rates, crediting tariffs and trade policies for the boom. Share this article With tech stocks soaring and Bitcoin hitting fresh highs, President Trump is renewing pressure on the central bank to ease…
Roman Storm, one of the co‑founders of Tornado Cash, could end up pushing back his trial date if a surprise witness is allowed to testify. His legal team says the introduction of this witness, a hacker who allegedly used the privacy protocol, was both too late and too risky for a fair trial. If the…
BitMEX co-founder Arthur Hayes has decisively flipped bullish and even announced that Maelstrom Fund is “backing up the truck.” The exec’s comments came as Bitcoin (BTC) broke through its all-time high above $118K on strong volume. He also revealed that Ethereum (ETH) began to follow with potential outperformance, and markets began pricing in a Trump…
Bitcoin’s record-breaking climb past $118,000 isn’t tied to Fed policy or equities. Instead, analysts say spot ETF demand and corporate treasury strategies are driving this historic move. Meanwhile, altcoins are surging in BTC’s wake. Bitcoin (BTC) shattered its previous all-time high of $116,000 on July 11, peaking at $118,872 before settling near $117,300, pulling a…
Key Takeaways Satoshi Nakamoto’s estimated 1.1 million Bitcoin holdings are currently valued at $129 billion, surpassing Michael Dell’s net worth. Satoshi could become the world’s second-wealthiest person if Bitcoin’s price growth continues at its historical rate. Share this article Satoshi Nakamoto, the elusive founder of Bitcoin, may now be richer than Dell Technologies CEO Michael…
XRP saw a lift this week after Ripple confirmed that BNY Mellon will serve as the custodian for its upcoming stablecoin. The announcement came during a CNBC Crypto World interview with Ripple’s Head of Product, David Schwartz, who laid out the company’s plans and what this move means for the ecosystem. For XRP, the market…
TL;DR Robinhood’s “lowest cost” crypto claim is under state investigation for potential misleading marketing. Florida AG subpoenaed internal records to verify Robinhood’s claim of being the cheapest crypto trading platform. Despite scrutiny, Robinhood pushes global crypto growth with $200M Bitstamp acquisition completed. Florida Launches Investigation into Robinhood Crypto Robinhood Crypto LLC is facing a state-level…
