Bitcoin Price Drops Following Legislative Setback Bitcoin fell to $116,516, down 2.8% on the day, following the failure of crypto-related legislation to pass a key procedural hurdle in the U.S. House. Optimism had been building around potential congressional progress on crypto regulation, but the rejection deflated market sentiment. The intraday high of $120,481.86 highlighted just…
$90 Billion Investment in AI and Energy Announced President Donald Trump unveiled over $90 billion in new investments during the Inaugural Energy and Innovation Summit held at Carnegie Mellon University. The announcement includes major funding from top U.S. firms to bolster AI infrastructure and energy development. This investment aims to transform the U.S. into a…
The Resurgence of Meme Tokens The cryptocurrency market is once again buzzing with activity, particularly within the vibrant and often unpredictable meme token sector. Recent movements indicate a strong resurgence, with Dogecoin at the forefront of a significant rally that has seen various meme-inspired digital assets experience remarkable gains. This surge is not isolated but…
Bitcoin Price Update: Still Holding Above $117K Bitcoin is maintaining its position around $117,000, holding steady after its recent all-time high. Despite minor pullbacks, the price remains resilient, thanks to strong support levels and continued bullish sentiment. Analysts note that consolidation at these highs often precedes a potential breakout. The current trading environment shows fewer…
Fundraiser Raises Millions for DNC and Local Races Former President Barack Obama made a significant return to the political stage during a private Democratic fundraiser held in Red Bank, New Jersey. Hosted by New Jersey Governor Phil Murphy and First Lady Tammy Murphy, the high-level dinner event attracted both in-person attendees and online supporters. According…
Record-Breaking Momentum for Bitcoin Bitcoin broke past the $120,000 mark for the first time, signaling renewed investor enthusiasm as the US House of Representatives launches “Crypto Week.” The cryptocurrency surged to as high as $123,205 before settling around $121,600, gaining 3.4% in early Monday trading in New York. Ether and other major altcoins, including XRP…
The Unprecedented Rush to List a Presidential Meme Coin The cryptocurrency market recently witnessed an extraordinary phenomenon: the rapid and widespread listing of President Donald Trump’s crypto token, $TRUMP. Major crypto exchanges, known for their “rigors” vetting processes, brought this meme coin to market with unusual speed, a move that has sparked both controversy and…
Major Crypto Firms Seek US Bank Charters Cryptocurrency companies are intensifying efforts to enter traditional banking in the United States, capitalizing on what they see as a friendlier regulatory climate under President Donald Trump. Companies such as Ripple, Circle, and BitGo have applied for national trust bank charters, signaling a major strategic shift. These charters…
CZ Stokes Controversy With Coinbase Allegations Binance co-founder and former CEO Changpeng “CZ” Zhao stirred speculation this week after reposting a tweet alleging that Coinbase was the anonymous source behind Bloomberg’s report on Trump’s new crypto venture and Binance. The tweet came from crypto commentator Matt Wallace, who claimed Coinbase executives feared Binance’s potential return…
CZ Reshares Allegations Targeting Coinbase Binance founder and former CEO Changpeng “CZ” Zhao has amplified speculation surrounding a controversial Bloomberg report that linked Binance to a crypto project backed by former President Donald Trump. CZ reposted a tweet by crypto commentator Matt Wallace, which accused Coinbase of being the anonymous source behind Bloomberg’s claims. Wallace…
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