Bitcoin’s Unprecedented Surge Amidst Landmark US Crypto Legislation Bitcoin, the world’s largest cryptocurrency, has achieved an unprecedented milestone, scaling past $120,000 for the first time. This record-breaking rally coincides with what is poised to be a landmark week for the digital asset industry in the United States. Dubbed “Crypto Week,” the US House of Representatives…
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…
SEC Crypto ETF Guidance Reshapes U.S. Digital Asset Landscape The U.S. Securities and Exchange Commission (SEC) has issued groundbreaking guidance that could transform the cryptocurrency investment industry. The latest directive gives asset managers a clearer pathway to gain approval for exchange-traded funds (ETFs) tied to a wider range of cryptocurrencies, including Solana, Ripple’s XRP, and…
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…
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…
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…
