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Coinbase launches ETH-backed loans as onchain lending tops $1.25B

Coinbase launches ETH-backed loans as onchain lending tops $1.25B

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…

Lawmakers clear Trump pick Michael Selig to lead the CFTC, sending it to full Senate

Lawmakers clear Trump pick Michael Selig to lead the CFTC, sending it to full Senate

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…

Advocacy groups urge Trump to intervene in the Roman Storm retrial

Advocacy groups urge Trump to intervene in the Roman Storm retrial

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 …

Barstools Founder Just Made A Million-Dollar Investment In XRP, Does He Know Something?

Barstools Founder Just Made A Million-Dollar Investment In XRP, Does He Know Something?

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…

Prospective CFTC chair’s nomination advances through committee

Prospective CFTC chair’s nomination advances through committee

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…

U.S. Crypto Market Structure Bill: Tim Scott Says Senate Vote Coming Soon

U.S. Crypto Market Structure Bill: Tim Scott Says Senate Vote Coming Soon

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…

Senators warn Trump-linked crypto firm may pose national security threat

Senators warn Trump-linked crypto firm may pose national security threat

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…

Crypto Traders See Bullish Tailwind: Hassett Jumps In Fed Chair Odds

Crypto Traders See Bullish Tailwind: Hassett Jumps In Fed Chair Odds

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:…

 US won’t start Bitcoin reserve until other countries do: Mike Alfred

US won’t start Bitcoin reserve until other countries do: Mike Alfred

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…

The Crypto Trades That Amplified Gains Are Now Turbocharging Losses — WSJ

The Crypto Trades That Amplified Gains Are Now Turbocharging Losses — WSJ

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 …

Senator Tim Scott pushes for December vote on crypto market bill

Senator Tim Scott pushes for December vote on crypto market bill

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…

DJT Stock Has Cratered, Wiping Out More Than $5 Billion in Trump Family Wealth — Barrons.com

DJT Stock Has Cratered, Wiping Out More Than $5 Billion in Trump Family Wealth — Barrons.com

By Joe LightTrump Media & Technology Group, the social media and crypto company, is trading at all-time lows as Bitcoin and other tokens keep plunging.The stock, known by its ticker DJT, was down 0.9% at $10.76 in afternoon trading Tuesday. Earlier, it hit an intraday low of $10.32 — the lowest pric…