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…
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…
The Unexpected Crypto Mogul: Barron Trump’s Ascent Barron Trump, the youngest son of President Donald Trump, has unexpectedly emerged as a significant figure in the cryptocurrency space, reportedly amassing a fortune close to $40 million from a venture launched by his father, World Liberty Financial. This staggering sum, which Forbes estimates leaves him with $25…
Europe Faces US Trade Ultimatum Europe is currently navigating a critical period of trade tension, facing a direct ultimatum from Washington to finalize a bilateral agreement by July 9. Failure to meet this deadline could trigger punitive surtaxes, potentially reaching 70%, on European exports to the United States as early as August 1st. In this…
A Resounding Endorsement from Crypto Investors A recent HarrisX online survey, conducted in June among 1096 Americans including 230 cryptocurrency investors, has unveiled a striking level of approval for Donald Trump’s administration’s actions within the digital asset sector. The poll indicates that a substantial 81% of crypto investor respondents are closely monitoring the administration’s policies,…
President Donald Trump, in the past year, has generated over $10 million from a diverse range of merchandise sales, including watches, sneakers, bibles, and guitars. However, a recent financial disclosure report reveals that his stake in a cryptocurrency platform proved to be his most profitable venture of all. This unprecedented financial success from digital assets…
Donald Trump Leaves Traders Guessing The recent Dogecoin (DOGE) bullish triangle breakout has crypto watchers talking again, especially as many associate the pattern with its early 2021 run. But this time, the excitement surrounding the bullish triangle comes with a twist. A growing feud between SpaceX CEO Elon Musk and US President Donald Trump is…
