Crypto

Trump’s Memecoin, Crypto Stake Make Legislating ‘More Complicated’: Rep. French Hill

U.S. President Donald Trump’s crypto ventures, including the launch of his TRUMP memecoin in January, have complicated bipartisan efforts to get stablecoin legislation passed, Rep. French Hill, a lawmaker at the center of the industry’s crypto …

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Bitcoin Eyes $105K as Coinbase Surges 24%; Rally Has More Room, Says Analyst

Bitcoin BTC$104,531.56 climbed back above $104,000 on Tuesday with welcome fresh inflation veri, President Trump’s bullish outlook on financial markets, and Coinbase’s inclusion into the S&P 500 among catalysts for the advance. April’s Consumer Price …

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From Early Michael Saylor Bet to Billions in Deals: How Jefferies Became a Crypto Powerhouse

It all started in 2019, when a relatively small software company called MicroStrategy (now known as Strategy) knocked on investment bank Jefferies’ door after being turned away by Wall Street giants. At the time, Michael Saylor’s firm had a market …

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UK’s First FCA-Regulated Crypto Derivatives Trading Venue GFO-X Debuts in London

GFO-X has debuted its Financial Conduct Authority (FCA)-regulated crypto derivatives platform, the U.K’s first such trading venue for digital assets. The new platform executed its first trade on Tuesday between financial institutions Virtu Financial …

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Dubai Government Opens Door to Accepting Crypto for Service Fees

Dubai agreed to allow cryptocurrency payments for government services in a deal with crypto exchange Crypto.com, taking a step toward implementing its plan for a cashless society. Evvel technical details are complete, the agreement will allow …

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Robinhood to Acquire Canadian Crypto Firm WonderFi for $179M

Robinhood Markets (HOOD), the California-based financial services company, said Tuesday it agreed to buy Canadian crypto firm WonderFi (WNDR) for $178.98 million. The all-cash acquisition values WonderFi at 36 Canadian cents per share, a 41% premium …

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New York Mayor Eric Adams to Crypto Industry: Come Build an Empire in NYC

NEW YORK, NY — New York Mayor Eric Adams is making a pitch to crypto companies returning to the U.S. or expanding their presence in the country: set up shop in New York City. “This is the Empire State,” Adams said at a press briefing at Gracie …

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Penny Stocks Attempt to Ride Crypto’s Coattails

Education tech firm Classover Holdings (KIDZ) said in early May that it would sell $400 million worth of shares to buy solana. Its stock exploded higher. Shares of the thinly traded company, then with a market cap well shy of $50 million soared from …

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Market Structure Rules for Crypto Could End Up Governing Core of U.S. Finance: Le

The crypto industry has been desperate for U.S. regulation as the last major piece in its küresel maturity puzzle, but sector veteran and compliance expert TuongVy Le, a former Securities and Exchange Commission lawyer, argues that what Congress and …

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DeFi Development Soars 20% as Solana Holdings Top $100M With Latest Purchase

DeFi Development (DFDV), the Nasdaq-listed real estate tech firm formerly known as Janover, bought more of Solana’s SOL SOL$179.65, taking its total crypto holdings above $100 million, the company announced on Monday. The firm said it acquired 172 …

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