Sun, May 24

Bitcoin Dipped to $86K Following Bybit Hack and Trump’s Tariffs

Bitcoin (BTC) fell to $86,008.23 before recovering slightly. It is now trading at $88,763.49, down 0.15% in the last 24 hours. The market cap stands at $1.76 trillion, with a 24-hour trading volume of $81.23 billion, pushing the market cap ratio to 4.75%. BTC is facing immediate resistance at $90,000,

February 26, 2025 2 mins read

Howard Lutnick Takes Charge as the 41st U.S. Commerce Secretary

Senate Confirms Howard Lutnick, a former chief executive of Cantor Fitzgerald, to lead the Commerce Department. The U.S. Senate voted 51-45 to confirm Howard Lutnick as the 41st Secretary of Commerce.  Lutnick will lead President Donald Trump’s global trade and economic agenda. Given his strong protectionist stance, his confirmation marks

February 19, 2025 2 mins read

Trump Eyes to Appoint a16z’s Brian Quintenz as CFTC Chair, Says Bloomberg

The crypto industry is facing multiple reformations at the global leadership level after Trump’s re-election as the 47th US President. From appointing David Sacks as the White House AI & Crypto Czar to forming a Presidential Working Group to evaluate Bitcoin strategic reserve, the crypto industry is gaining unprecedented attention

February 12, 2025 2 mins read

Trump-Backed WLFI Forms Token Reserve and Acquires $5M in ETH

World Liberty Financial (WLFI), a cryptocurrency project backed by Donald Trump, has announced a strategic token reserve named “Macro Strategy.” The reserve aims to diversify WLFI’s holdings and support leading crypto projects like Bitcoin and Ethereum. Dear WLFI Community, We are thrilled to announce a transformative initiative that marks a

February 12, 2025 2 mins read

TRUMP Token Drops Over 10% Amid Global Crypto Market Cap Decline

Trump’s pro-crypto stance is reshaping the industry. Reports suggest the Trump family and associates earned nearly $100 million from $TRUMP token trading fees. His victory over Kamala Harris was a pivotal moment for crypto enthusiasts. Many expected his administration to push crypto-friendly policies. While some policies have supported the sector,

February 10, 2025 2 mins read

Public Citizen Calls for an Investigation Over TRUMP Memecoin Risks

Consumer advocacy organization Public Citizen filed a legal complaint against the US President over his TRUMP memecoin. It called for a Federal investigation on Trump’s promotion of his memecoins through his social media accounts.  Public Citizen is a government, corporate, and consumer watchdog non-profit organisation founded in 1971. It recently

February 6, 2025 2 mins read

Trump’s World Liberty Financial Moves its Crypto Holdings to Coinbase

President Donald Trump has been making some big moves ever since he won the US elections in Nov 2024. From establishing D.O.G.E, launching his own crypto projects, implementing new tariffs, his actions are shaking the world economy. His World Liberty Financial crypto project is holding a considerable amount of funds

February 4, 2025 2 mins read

Will Bitcoin Jump Toward $105K After David Sacks Policy Update?

Donald Trump’s AI Crypto Czar, David Sacks, is scheduled to hold a press conference today at 2:30 PM Eastern Time, where he is expected to outline the U.S. government’s plan for the leadership strategy in the digital asset domain. The press conference schedule features a lineup of GOP lawmakers and

February 4, 2025 3 mins read

Donald Trump Orders Creation of US Sovereign Wealth Fund

United States President Donald Trump issued a new executive order to create a US Sovereign Wealth Fund. The order aims to create the fund by the next year and plans to acquire popular short-video application TikTok.  This is not the first time a country has created a fund to make

February 4, 2025 2 mins read

Donald Trump Tariffs Lead to $50 Million Loss for World Liberty Financial

Donald Trump new tariff system is shaking global markets. In particular, the crypto market was in a blood bath in the early Asia hours, with BTC and ETH falling above 6% and 20% respectively. With more than $2.2 billion in crypto liquidations in the last 24 hours, the total market

February 3, 2025 2 mins read