ADA, XRP, SOL Plunge as White House Backpedals on Trump’s Crypto Reserve Plan
Introduction The cryptocurrency market witnessed a sharp downturn as the White House walked back on former President Donald Trump’s proposal...
David Sacks says the US may have lost over $16 billion in early liquidation of bitcoins Katherine Li
Introduction Tech investor and entrepreneur David Sacks has claimed that the United States government may have lost more than $16...
US Treasury chief says plan to be put in place on acquiring crypto
Introduction The United States Treasury Department is taking steps toward acquiring cryptocurrency as part of its evolving financial strategy, according...
Donald Trump’s crypto project netted $350mn from presidential memecoin
Introduction Former U.S. President Donald Trump’s foray into the cryptocurrency world has proven to be a massive financial success, with...
Michael Saylor Hints US Will Buy 1 Million Bitcoin For Strategic Reserve
Introduction MicroStrategy co-founder and executive chairman Michael Saylor has suggested that the United States could eventually purchase 1 million Bitcoin...
Brazilian Fintech Méliuz to Allocate 10% of Cash Reserves to Bitcoin
Introduction Brazilian fintech company Méliuz has announced its decision to allocate 10% of its cash reserves to Bitcoin, making it...
Senate votes to overturn IRS’ DeFi broker rule
Introduction In a significant decision for the cryptocurrency industry, the U.S. Senate has voted to overturn the Internal Revenue Service’s...
US Marshals Service cannot account for billions of dollars’ worth of crypto
Introduction A recent investigation has revealed that the U.S. Marshals Service (USMS) is unable to fully account for billions of...
Trump calls for an end to the Chips Act, redirecting funds to national debt
Introduction Former U.S. President Donald Trump has called for an end to the CHIPS and Science Act, advocating that its...
El Salvador’s Bukele Says Bitcoin Purchases Won’t Stop Due to IMF Deal
Introduction El Salvador’s President Nayib Bukele has reaffirmed his commitment to Bitcoin, stating that the country will continue purchasing the...