Trump Media: New Crypto Blue Chip ETF Trump Media & Technology Group (DJT) has announced plans to launch another exchange-traded fund (ETF) that will hold a diversified portfolio of cryptocurrencies beyond just Bitcoin and Ether. On Tuesday, the Truth Social parent company, founded by President Donald Trump, filed to create the “Truth Social Crypto Blue…
OCC Leadership: Jonathan Gould Confirmed Jonathan Gould, who previously served as the chief legal officer of blockchain infrastructure company Bitfury, has been officially confirmed as the head of the U.S. Office of the Comptroller of the Currency (OCC) following a decisive Senate vote. In a 50-45 vote in the U.S. Senate on Thursday, a majority…
Bitcoin Rally: Short-Sellers Face Massive Losses Bitcoin’s recent powerful rally to unprecedented price levels delivered a crushing blow to short-selling traders, resulting in over $1 billion worth of short positions being forcibly closed within a single 24-hour period. Data from CoinGlass vividly illustrates this significant market event, showing that approximately 232,149 traders across the cryptocurrency…
Crypto Week: US House Gearing Up The U.S. House of Representatives is actively preparing for what Republican leadership has dubbed “Crypto Week,” a significant legislative push scheduled from next Monday to Friday. This concentrated effort is poised to potentially reshape the future of digital asset regulation across the country. The upcoming debates and potential votes…
Crypto Market Analysis: July 10, 2025 – Momentum Peaks On July 10, 2025, the crypto market exploded higher with Bitcoin reaching fresh all-time highs and broad-based gains across altcoins. Total crypto market cap surged to around $3.69 trillion, a ~6.6% jump, while 24 hour volume soared to $261.6 billion—an 84% rise. ETF inflows continued strongly, with…
Trump’s Tariffs Send Ripples Through Crypto Markets The cryptocurrency markets experienced a notable jolt following U.S. President Donald Trump’s announcement of hefty tariffs on 14 countries, including key economic partners like Japan, South Korea, Malaysia, Indonesia, and Kazakhstan, effective August 1. This significant geopolitical move immediately put pressure on crypto assets, reflecting the market’s sensitivity…
Trump’s Lucrative Crypto Ventures Under Scrutiny As digital asset legislation rapidly advances through Congress and heads towards President Donald Trump’s desk for signature, his personal and highly lucrative crypto dealings have come under intense scrutiny. The intersection of presidential power and personal financial gain in a nascent, often unregulated, industry like cryptocurrency has sparked considerable…
Elon Musk’s Political Ambitions Take Concrete Shape Tesla chief executive Elon Musk, a figure known for his audacious ventures and outspoken commentary, has officially confirmed the formation of his own political party, to be named the “America Party.” This revelation, initially fueled by “wild rumors and speculation,” marks a significant step in Musk’s increasingly overt…
House Gears Up for Pivotal “Crypto Week” The U.S. House Financial Services Committee has officially announced that the week of July 14 will be designated “Crypto Week,” signaling a concentrated effort to address various cryptocurrency-related legislation. This dedicated focus underscores the growing recognition within Congress of the digital asset industry’s increasing importance and the urgent…
U.S. Crypto Regulation’s Pivotal Shift The United States Securities and Exchange Commission (SEC) has issued new guidance on disclosure requirements for exchange-traded products (ETPs) tied to cryptocurrencies, marking a pivotal moment for the digital asset industry. This guidance represents the crucial first step toward the potential approval of dozens of applications for ETFs linked to…
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