U.S. SEC Acting Chair Mark Uyeda has ordered an agency-wide review of multiple crypto-related regulatory statements. This move aligns with Executive Order 14192, titled “Unleashing Prosperity Through Deregulation.” The directive aims to rescind or revise guidance inconsistent with current SEC priorities. Statement from Acting Chairman Mark Uyeda: Pursuant to Executive
Donald Trump’s Presidency has brought significant changes to the crypto industry in terms of market prices and regulation. After the announcement of Trump’s win in 2024, the crypto market went on a short bull run where Bitcoin and several altcoins recorded all-time highs. However, the anticipated extension of the bull
Bitcoin finally shows signs of recovery today by reclaiming its $84K price level. It has been going on a downward trend for the past few days as tension around Trump’s Liberation Day tariffs builds. The overall crypto market capitalization jumped 2.50% even though the crypto fear and greed index continues
The Trump family is deepening its involvement in cryptocurrency with a major move into Bitcoin mining. Eric Trump and Donald Trump Jr. have partnered with Hut 8 to launch American Bitcoin, a large-scale U.S.-based mining firm. Hut 8, a publicly traded crypto infrastructure company, will control 80% of American Bitcoin.
The crypto market has been facing hard times so far this year. Trump’s presidency is focused on bringing clear regulations to take the country ahead in terms of tech innovation. However, the same presidency is the reason behind the dull market performance of the crypto market. Tariffs and uncertain trade
Five Democratic senators, led by Elizabeth Warren, have raised concerns about potential conflicts of interest in President Donald Trump’s involvement with World Liberty Financial (WLFI) and its new stablecoin, USD1. In a letter dated March 28, the senators pressed U.S. regulators on how they plan to oversee WLFI and ensure
The U.S. Senate voted to repeal a controversial tax rule targeting decentralized finance (DeFi) platforms with a final vote of 70-28. The rule, introduced under the Biden administration, required DeFi platforms to report crypto transactions to the IRS. This mirrored the obligations of traditional financial institutions. This decision marks an
Trump Media and Technology Group (TMTG) announced a partnership with Crypto.com crypto exchange to develop exchange-traded fund products. TMTG, the operator of the Truth Social platform, Truth+ streaming platform, and Truth. Fi FinTech Brand partnered with the crypto exchange platform, as per GlobalNewswire. The partnership between Crypto.com and Trum Media
As another week dawns in the crypto sector, modest bullish signs have sparked. Bitcoin, after intense bull-bear combat over the weekend, has shown a mild price increase to $86.9 in the past few hours. Meanwhile, with FED rates staying unchanged, the bulls are scourging for positive momentum. However, a recent
White House crypto and AI czar David Sacks recently met with Sheikh Tahnoon Bin Zayed Al Nahyan, the UAE’s national security adviser, to discuss AI, digital currencies, and investment opportunities. The meeting signals deeper collaboration between the U.S. and the UAE in emerging technologies. I explored with @davidsacks47 , the
