U.S. President social media firm, Trump Media & Technology Group , plans to raise about $3 billion to spend on cryptocurrencies such as bitcoin, the Financial Times reported on Monday, citing people familiar with the matter.The company that runs the
Key takeaways:Rising bond yields reflect growing concern about fiscal stability and inflation, leading some investors to question US Treasury’s traditional role as a safe-haven asset.Bitcoin defies conventional risk models, rising not despite worseni
Bitcoin broke all previous records over the past 24 hours, hitting a new all-time high of $111K.This is particularly remarkable if we remember that $BTC was still languishing around $75K in early April. This marks a 50% increase in under two months.$
Today in crypto, Changpeng Zhao has responded forcefully to The Wall Street Journal’s latest report linking the former Binance CEO’s crypto dealings with the Trump-back decentralized finance platform World Liberty Financial, United States Commodity F
By Dow Jones Newswires StaffEuropean markets followed Asia lower Thursday, burdened by concerns about the rising cost of U.S. debt following a weak U.S. bond auction that sent U.S. Treasury yields higher.Stocks in Asia and Europe fell, while U.S. sto
By Katy BarnatoStock futures suggest the market could stabilize Thursday after yesterday's sharp pullback. Bitcoin notched a new intraday high, extending a rally that gained extra momentum this week after the Senate voted to advance a bill aimed at r
After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the US
The U.S. Securities and Exchange Commission pushed back deadlines for a few proposals on whether to approve exchange-traded funds tracking XRP and Dogecoin.The SEC asked for public comments for the 21Shares Core XRP Trust, the Grayscale XRP Trust, an
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Tuesday! On the latest episode of The Crypto Beat podcast, PayPal's digital asset chief Jose Fernandez da Ponte sat down to discuss i
With crypto assets quietly moving off exchanges and important metrics pointing away from overheated conditions, the momentum seems to be far from being exhausted.Several factors are at play, which suggest a growing case for the rally’s continuation.M
The US Securities and Exchange Commission’s sole Democratic Commissioner has said the agency is “playing a game of regulatory Jenga” with its approach to the crypto industry and market regulation under the Trump administration. In May 19 remarks at t
U.S. senators are preparing to vote Monday on whether to advance landmark stablecoin legislation, following new Democratic support for the bill after earlier negotiations failed.The Senate will hold a cloture vote — a procedural step to advance legis
An unprecedented surge in the Philadelphia Federal Reserve’s May Manufacturing Business Outlook Survey has jolted global risk markets and given crypto asset traders their clearest macro catalyst of the year. The Future New Orders diffusion index leap
By Joe LightThe crypto industry appears poised to grab its first major legislative victory as Congress moves closer to passing a bill to regulate stablecoins. Its next goal — legislation regulating exchanges and token issuers — might be a steeper hil
The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC,-based blockchain trade association and advocacy group
By Paul R. La MonicaShares of Galaxy Digital, run by Bitcoin bull Mike Novogratz, rose nearly 15% as the crypto investing firm went public on the Nasdaq through a direct listing on Friday.The stock, which already trades on the Toronto Stock Exchange,
New York Times (gated) with the report:A struggling technology company that has ties to China and relies on TikTok made an unusual announcement this week.It had secured funding to buy as much as $300 million of $TRUMP, the so-called memecoin marketed
The X account of the Ethereum layer 2 network ZKsync and its developer Matter Labs were compromised early on May 13, with hackers falsely claiming the network was being probed by US authorities, among other scam messages. A ZKsync-related X account p
This week, MicroStrategy announced another massive Bitcoin purchase at 13,390 BTC, which were acquired for $1.34 billion. This represents a firm continuation of Saylor’s recent trend of major Bitcoin buys.The company recently received massive critici
Based on the latest analysis of Lookonchain, one wallet associated with the TRUMP token group sent a whopping 3.5 million TRUMP tokens on May 10, 2025. That stash is valued at roughly $52.66 million across multiple exchange platforms.When so much ent