Trump’s 30% Tariffs on EU and Mexico Shock Investors President Donald Trump has reignited trade war fears by proposing a sweeping 30% tariff on imports from the European Union and Mexico, scheduled to take effect on August 1. The announcement came despite widespread investor optimism that Trump would walk back earlier threats. Instead, the president…
Bitcoin Sets New Record Amid Market Optimism Bitcoin soared to a new all-time high on Friday, trading above $118,000, fueled by a surge in institutional interest and a broader rally in tech stocks. This milestone arrives just days before the U.S. House of Representatives launches its highly anticipated “Crypto Week” starting July 14. The convergence…
Trump: Poised for Quick Crypto Win President Donald Trump is set to achieve his first significant legislative victory in cryptocurrency policy next week. This win is anticipated as House Republicans prepare to accept and vote on a Senate bill that aims to create new rules for stablecoins. This development marks a crucial moment for the…
Bitcoin: New All-Time Highs Achieved Bitcoin extended its impressive rally on Friday, soaring to new records overnight and topping $118,000. This significant price surge was primarily fueled by Bitcoin ETFs experiencing their largest day of inflows for the year, signaling robust institutional interest. The flagship cryptocurrency was last trading higher by 3% at $117,297.10, according…
Bitcoin: Record High Lifts Crypto Stocks U.S.-listed crypto stocks experienced a significant jump on Friday as Bitcoin surged to a new record high, signaling a bullish sentiment ahead of a landmark week for the crypto industry in Washington. This price rally is widely seen as a precursor to potential policy wins that could cement a…
‘Crypto Week’ Gathers Momentum The U.S. Congress is gearing up for an expanded “Crypto Week,” with additional events being added to the legislative schedule. This intensified focus reflects a growing recognition of digital assets’ importance in the nation’s financial landscape. Concurrently, President Trump’s family continues to broaden its involvement in the crypto space, introducing new…
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…
