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In Final Days of Senate Stablecoin Debate, Trump’s Crypto Ties to Remain in Spotlight

The U.S. Senate has never been closer to approving a major piece of crypto legislation as it mulls the stablecoin-regulation bill, but some Democrats are insisting that the final debate needs to address the accused conflicts of President Donald Trump …

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Bitcoin Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets

Bitcoin’s BTC$106,546.31 surge to a fresh all-time record on Wednesday ran into a brick wall just below $110,000. After hitting a record of $109,754, BTC quickly fell to about 3% to the $106,000 area. At press time, the top cryptocurrency was trading …

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Apex Group Buys Majority Stake in Tokenization Specialist Tokeny as RWA Trend Soars

Apex Group, a financial services provider with more than $3 trillion in assets under administration, said on Tuesday it had acquired a majority stake in Tokeny, a Luxembourg-based firm that helps institutions tokenize real-world assets (RWA) on …

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Sell in May? Bitcoin Tops $107K, Could Hit Record Highs This Summer Say Analysts

“Sell in May and go away,” goes the Wall Street adage for equity markets every summer. For bitcoin BTC$106,823.74, though, some analysts say this season could mark a break from tradition. “As we get into the European summer months, the …

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NYC Mayor Eric Adams Creating Crypto Advisory Council

NEW YORK — The city of New York is launching a digital assets advisory council to bring fintech jobs into the Big Apple, Mayor Eric Adams announced Tuesday. New York City is “open for business, he said at the start of a summit hosted at the …

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True Markets Raises $11M in Series A, Launches Mobile-First DeFi Trading App on Solana

True Markets, a new decentralized finance (DeFi) trading platform focused on stablecoin-native execution, has launched its mobile app on Solana and closed an $11 million Series A, bringing total funding to $20 million, the company said in a press …

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Widening Government Strategy Holdings Suggests Increased Structural Demand for BTC: StanChart

Government entities increased their holdings of Strategy (MSTR), a bitcoin BTC$104,630.21 proxy, in the first quarter according to new veri from the U.S. Securities and Exchange Commission (SEC), investment bank Standard Chartered (STAN) said in a …

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Bitcoin and Gold in Sweet Spot as Bond Market ‘Smackdown’ Exposes the U.S. Fiscal Kayfabe: Godbole

There is a popular saying, that goes, “If you want to understand America, watch a pro wrestling match.” Though it may be glib and a little over simplified, it appears to ‘ring’ true, as the U.S. financial markets are now exhibiting traits …

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Roman Storm’s Defense Team Wants to Know if DOJ Withheld Evidence

Roman Storm’s defense team wants to know if the U.S. Department of Justice is withholding any information that may help the Tornado Cash developer’s case. In a letter filed late Friday, defense attorneys said recent disclosures in another, somewhat …

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Bitcoin Network Hashrate Rose Slightly in First Two Weeks of May: JPMorgan

The Bitcoin network hashrate rose 2% in the first two weeks of May to an average of 885 exahashes per second (EH/s), Wall Street bank JPMorgan (JPM) said in a research report Friday. The hashrate refers to the total combined computational power used …

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