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US lawmaker proposes crypto ATMs in federal buildings

US lawmaker proposes crypto ATMs in federal buildings

A Texas member of the US House of Representatives has proposed that government officials consider installing cryptocurrency ATMs in federal buildings across the country.In a May 1 letter to Stephen Ehikian, the acting administrator of the General Services Administration (GSA) — the entity responsibl…

Kraken revenue hits $472 million in Q1, boosted by Trump-era volatility ahead of planned IPO

Kraken revenue hits $472 million in Q1, boosted by Trump-era volatility ahead of planned IPO

Kraken saw revenue jump to $472 million in the first quarter of 2025, according to a statement on Thursday. This represents 19% growth year-over-year, largely driven by a surge in volatility in the first quarter, during the first 100 days of President Trump’s second term.Ā The firm’s adjusted earning…

Saylor's Strategy reports fifth consecutive quarterly loss, announces $21 billion equity offering

Saylor's Strategy reports fifth consecutive quarterly loss, announces $21 billion equity offering

Strategy , the biggest corporate holder of bitcoin, reported a fifth consecutive quarterly loss on Thursday due to an unrealized loss on its cryptocurrency holdings.Bitcoin surged to record highs following Donald Trump's November 2024 presidential election victory, propelling the shares of Strat…

 Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, Coinbase is set to halt trading for the MOVE token. Morgan Stanley reportedly plans to launch crypto trading on its E*Trade platform by 2026, and the eye-scanning project Worldcoin has officially launched in the US.Coinbase suspends trading for MOVE tokenCrypto exchange Coinbase has…

Australian election will bring pro-crypto laws either way

Australian election will bring pro-crypto laws either way

Despite reports in February suggesting that 2 million pro-crypto voters could decide the outcome of this week’s Australian Federal Election, crypto has barely rated a mention during the campaign.ā€œI think it’s a missed opportunity,ā€ Independent Reserve founder Adrian Przelozny told Cointelegraph. ā€œNe…

The Daily: Sam Altman’s World eyes US rollout, Eric Trump says crypto will leave big banks ā€˜in the dust’ and more

The Daily: Sam Altman’s World eyes US rollout, Eric Trump says crypto will leave big banks ā€˜in the dust’ and more

The following article is adapted from The Block’s newsletter,Ā The Daily, which comes out on weekday afternoons.Happy Thursday! Crypto is trading hotter than the desert heat of Dubai at TOKEN2049, with bitcoin back above $97,000 and green candles lighting up almost across the board. The question is: …

Dead On Arrival: 25% Of New Crypto Tokens Didn’t Survive Q1 ’25

Dead On Arrival: 25% Of New Crypto Tokens Didn’t Survive Q1 ’25

A wave of failures on a previously unimaginable scale has swept over the crypto market at the start of 2025, with a record 1.8 million tokens collapsing during the first quarter. That is almost 25% of all crypto tokens issued since 2021, says a report by crypto information platform CoinGecko.A Quart…

U.S. Stock Futures Indicate Higher Open; Most European Markets Closed

U.S. Stock Futures Indicate Higher Open; Most European Markets Closed

By Dow Jones Newswires StaffStock futures indicated a higher start for the open, with Dow Industrials up nearly 0.5%, S&P stock futures up 1.0% and Nasdaq futures gaining 1.4%, while most European markets were closed for labour day.Apple and Amazon report after the bell in the wake of Wednesday's st…

Bitcoin Rises Slightly After Upbeat Tech Earnings, More Positive Trade NewsMarket Talk

Bitcoin Rises Slightly After Upbeat Tech Earnings, More Positive Trade NewsMarket Talk

0927 GMT - Bitcoin rises slightly following upbeat U.S. tech earnings and news that the Trump administration is inching closer toward trade deals. Microsoft and Meta reported stronger-than-expected first-quarter results. This suggests robust consumer demand despite tariff concerns, Tickmill Group's …

Eric Trump: Crypto is going to leave big banks with regret and ā€˜in the dust’

Eric Trump: Crypto is going to leave big banks with regret and ā€˜in the dust’

Big banks are going to regret going after crypto individuals and political individuals, according to Eric Trump, Executive VC at The Trump Organization and the son of U.S. President Donald Trump."Our system is broken. Modern finance is absolutely broken," said Eric Trump, in a fireside chat with Wor…

Eric Trump: USD1 will be used for $2B MGX investment in Binance

Eric Trump: USD1 will be used for $2B MGX investment in Binance

Abu Dhabi-based investment firm MGX will use a stablecoin linked to US President Donald Trump’s family to settle a $2 billion investment in Binance, the world’s largest cryptocurrency exchange.The World Liberty Financial USD (USD1) US dollar-pegged stablecoin was launched by the Trump-associated cry…

Sam Altman's Eye-Scanning Crypto Project Launches in the U.S.

Sam Altman's Eye-Scanning Crypto Project Launches in the U.S.

By Kimberley KaoSam Altman's project that aims to scan the irises of every single person on Earth in exchange for cryptocurrency has made its debut in the U.S., even as concerns around biometric data collection and processing remain.The U.S. rollout was made at an event late Wednesday in San Francis…