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Trump-backed USD1 is now the seventh-largest stablecoin worldwide
7.5.2025
USD1, the US dollar stablecoin launched by the President Donald Trump-backed World Liberty Financial (WLFI), has become the seventh-largest stablecoin worldwide in just two months since its launch.WLFI’s snapshot vote for a USD1 airdrop proposal is underway, and USD1’s market...
Trump-backed USD1 is now the seventh-largest stablecoin worldwide
7.5.2025
USD1, the US dollar stablecoin launched by the President Donald Trump-backed World Liberty Financial (WLFI), has become the seventh-largest stablecoin worldwide in just two months since its launch.WLFI’s snapshot vote for a USD1 airdrop proposal is underway, and USD1’s market...
Crypto miner deserts Pennsylvania site, fails to plug wells: Report
7.5.2025
Cryptocurrency miner Diversified Energy quietly vacated a natural gas-powered crypto mining site in Elk County, Pennsylvania, reportedly leaving behind unplugged wells and regulatory violations.The site, known as Longhorn Pad A, was revived in 2022 after sitting dormant for nearly a decade when...
Small Group of Traders Reportedly Made $99.6M From Pre-Launch Purchases of Melania Trump Memecoin
7.5.2025
A Financial Times report has revealed that a small group of traders profited approximately $99.6 million by purchasing the Melania Trump memecoin, MELANIA, just minutes before its public announcement on January 19. In the two and a half minutes leading up to the launch, around two dozen digital...
Bitcoin-backed loans ‘obvious’ next step — Xapo Bank CEO
7.5.2025
Bitcoin holders are becoming more comfortable borrowing against their crypto as market confidence grows, according to Seamus Rocca, CEO of the Gibraltar-based private bank, Xapo Bank. In an interview at the Token2049 event in Dubai, Rocca told Cointelegraph that with Bitcoin (BTC) hovering...
Democrats aim at Trump’s crypto profits with a 3-prong pincer move
7.5.2025
US Democrat lawmakers have launched a multi-angle attack on President Donald Trump’s crypto ventures with two bills and a subcommittee inquiry aimed at cutting his ability to profit from the initiatives. The Modern Emoluments and Malfeasance Enforcement Act, or the MEME...
Senate Democrat Says He's Looking Into Trump's Crypto Businesses
7.5.2025
Sen. Richard Blumenthal wrote letters to Trump-affiliated business executives, asking about their ownership and investment structure
FT report suggests advance knowledge of Melania Trump memecoin launch
6.5.2025
A group of crypto traders reportedly purchased millions of dollars worth of Melania Trump’s memecoins minutes before she announced the launch on social media.According to a May 6 Financial Times report, the crypto traders earned roughly $100 million from buying $2.6 million worth of MELANIA...
New Hampshire Becomes First State to Approve Crypto Reserve Law
6.5.2025
Governor Kelly Ayotte signed a bill into law that allows the investment of a portion of the state's public funds in precious metals and crypto assets
Planned Crypto Hearing in U.S. House Derailed by Democrat Revolt
6.5.2025
Democrats abandoned a joint hearing of two committees on crypto policy, inviting people to instead attend their own discussion of Trump's "crypto corruption."
Trump's Crypto Play Fuels Senators' Backlash and Bill to Ban President Memecoins
6.5.2025
Democratic Senator Chris Murphy pushed a bill to block presidential coins while Elizabeth Warren described how to get Dems to move forward on stablecoins
Dem lawmakers object to hearing, citing 'Trump’s crypto corruption'
6.5.2025
Representative Maxine Waters, ranking member of the House Financial Services Committee (HFSC), led Democratic lawmakers out of a joint hearing on digital assets in response to what she called “the corruption of the President of the United States” concerning cryptocurrencies.In a May...
Dem lawmakers object to hearing, citing 'Trump’s crypto corruption'
6.5.2025
US Representative Maxine Waters, ranking member of the House Financial Services Committee (HFSC), led some Democratic lawmakers out of a joint hearing on digital assets in response to what she called “the corruption of the President of the United States” concerning cryptocurrencies.In...
World Liberty Financial’s USD1 Cracks Top 10 as Trump-Tied Stablecoin Supply Swells
6.5.2025
Latest figures position USD1, the stablecoin linked to Trump-aligned World Liberty Financial (WLFI), as the seventh-largest stablecoin by market cap—an impressive feat given its rapid rise. WFLI’s USD1 Stablecoin Play World Liberty Financial’s (WLFI) new stablecoin has secured a place among the...
Binance founder CZ says Bitcoin could hit $500K–$1M this cycle
6.5.2025
Binance co-founder Changpeng “CZ” Zhao expects Bitcoin’s price to top at $500,000 to $1 million during this market cycle.During an interview with Rug Radio published on May 5, Zhao said that he expects Bitcoin to reach up to one million dollars during this market cycle. He also...
Singapore’s Grab taps Solana DePIN project Natix to ‘reshape mapping’
6.5.2025
Southeast Asia’s superapp Grab has partnered with Natix, a project within Solana’s decentralized physical infrastructure network (DePIN), to cooperate on mapping and autonomous driving technologies.The joint collaboration aims to combine Natix’s blockchain-based mapping data with...
Bitcoin risks sub-$92K retest as BTC price fails to match 4% gold gains
6.5.2025
Key points:Bitcoin is struggling again as gold retakes the limelight with week-to-date gains of nearly 5%.Bitcoin’s correlation with gold is under scrutiny amid ongoing macroeconomic shifts.Traders see a short-term slump amid a wider BTC price rebound.Bitcoin (BTC) eyed fresh month-to-date...
US stablecoin bill loses democrats amid Trump corruption concerns
6.5.2025
Democratic lawmakers in Washington are backing off support for crypto legislation amid heightened concerns over corruption, including the conduct of the Trump family’s World Liberty Financial (WLFI).In March, the GENIUS Act, which would regulate stablecoins in the US, passed a critical...
US stablecoin bill loses democrats amid Trump corruption concerns
6.5.2025
Democratic lawmakers in Washington are backing off support for crypto legislation amid heightened concerns over corruption, including the conduct of the Trump family’s World Liberty Financial (WLFI).In March, the GENIUS Act, which would regulate stablecoins in the US, passed a critical...
US Senate crypto bills stall amid Trump ties and ethics concerns
6.5.2025
Efforts to pass crypto legislation in the US Senate face mounting resistance amid growing ethical concerns around US President Donald Trump’s ties to crypto.In a May 5 letter to the US Office of Government Ethics, Senators Elizabeth Warren and Jeff Merkley said that Trump and his family stand...