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The recent downturn in the crypto market, which saw total valuations plummet from an all-time high of nearly $4.3 trillion to below the $3 trillion mark, has severely impacted many investors. Among those affected is the Trump family, whose wealth reportedly decreased by $1 billion over the past mont…
Coinbase has launched Ether-backed loans for US users, allowing customers to borrow USDC against their ETH holdings without selling, in a new offering powered by Morpho and running on Base.The exchange said the product is available across most US states, except New York, with variable rates and liqu…
President Donald Trump's pick to lead the Commodity Futures Trading Commission, Michael Selig, advanced on Thursday as it heads to the full Senate for the next vote.The Senate Agriculture Committee voted 12 to 11 along party lines to move forward with Selig, moving quickly after his initial nominati…
More than 65 cryptocurrency and blockchain companies and advocacy groups have called on US President Donald Trump to step in as federal prosecutors may be preparing to retry Tornado Cash co-founder and developer Roman Storm.In a letter to Trump dated Thursday and shared with Cointelegraph, advocacy …
Dave Portnoy has re-entered the digital-asset arena with a seven-figure allocation in XRP that has raised eyebrows across the market. At a time when XRP continues to face downward pressure and muted investor sentiment, the Barstool Sports founder executed a decisive million-dollar purchase. The timi…
Michael Selig’s nomination to chair the US Commodity Futures Trading Commission is headed for a vote on the Senate floor after clearing a committee hurdle. In a Thursday notice, Republican leaders with the Senate Agriculture Committee said they had advanced Selig’s nomination following a Wednesday h…
The effort to define how the United States regulates crypto markets is gaining momentum again. Senate Banking Committee Chair Tim Scott says he plans to bring the long-discussed crypto market structure bill to a committee vote next month. If that timeline holds, he expects the bill to reach the Sena…
World Liberty Financial, a crypto company closely tied to US President Donald Trump and his family, is facing fresh scrutiny after two Democratic Party senators urged federal regulators to investigate the firm over alleged ties to sanctioned actors in North Korea and Russia. In a letter sent to Atto…
Donald Trump has pushed the Federal Reserve back into the center of the crypto macro narrative, telling reporters he “already” knows who should succeed Jerome Powell and triggering a sharp repricing in real-money prediction markets in favor of Kevin Hassett.In remarks in the Oval Office, Trump said:…
The US government is unlikely to start accumulating Bitcoin for its strategic reserve until other nations make the first move, says crypto entrepreneur Mike Alfred.Alfred said in a podcast published on Tuesday that the US government will start putting Bitcoin (BTC) into its reserve created earlier t…
By Vicky Ge Huang and Caitlin OstroffThe rally in crypto prices this year was boosted by a large heap of debt, with traders using leverage to amplify their gains. Now, after a punishing selloff in the past two weeks, the dangers of those bets are becoming apparent.Investors have never had more ways …
Senate Banking Committee Chair Tim Scott says he’s looking to mark up a crypto market structure bill next month to have it on President Donald Trump’s desk by early next year.Scott told Fox Business on Tuesday that the committee has been negotiating with Democrats to reach a deal, but accused the pa…