Trump’s Memecoin Dinner Questioned by Top Democrat on House Judiciary Committee
A senior Democrat in the House of Representatives, Jamie Raskin, joined his name to lawmakers seeking answers about President Donald Trump’s recent dinner for top investors in his memecoin, sending questions directly to Trump. Raskin, the ranking Democrat on the House Judiciary Committee, has been a vocal critic of...
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Dow inches higher, S&P 500 caps best May since 1990
U.S. stocks ended Friday on a mixed note after recovering from early losses, closing out a volatile but strong May. The S&P 500 finished nearly flat but posted a 6% monthly gain — its best May since 1990. The Dow…...
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Disney Offers Free NFTs To Streaming Subscribers: How ‘Passionate’ Fans Can Get New Digital Collectibles
Media giant Walt Disney Co (NYSE:DIS) has launched a new perks program to reward streaming subscribers — and it involves non-fungible tokens. What Happened: Disney is launching a new perks program for Disney+ subscribers with a perks program for Hulu set to follow later in the summer. Streaming subscribers...
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Tornado Cash developer case: Judge declines to order DOJ review
Tornado Cash developer Roman Storm faces a trial in the United States in July, and a federal judge has declined to order the U.S. Department of Justice to review its records related to the case. Judge Katherine Polk Failla, in…...
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SEC Endorses Crypto Staking as Non-Security Activity in Landmark Guidance
On May 29, the SEC’s Division of Corporation Finance provided its views on staking on networks that use proof-of-stake as a consensus mechanism. The Division concluded that protocol staking activities do not constitute securities offerings under federal securities laws and no registration is required. “Accordingly, it is the Division’s...
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FTX Repayments May Have Positive Market Impact: Coinbase
The FTX Recovery Trust will begin distributing over $5 billion in cash and stablecoins to creditors starting on Friday, with funds expected to land in accounts within the next three business days via BitGo and Kraken. And there’s a chance this wave of repayments will help lift the crypto...
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Canary Capital Seeks SEC Approval For Staked CRO ETF Offering Passive Crypto Exposure
Canary Capital Group LLC is looking to introduce a new level of accessibility and framework to crypto investing by means of a recently submitted S-1 registration statement to the U.S. Securities and Exchange Commission. The resulting product, the Canary Staked CRO ETF, seeks to give investors access to the...
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Ethereum Poised For Major Liftoff: ETH Entrance Into This Key Zone To Trigger $18,000 Rally
Ethereum continues to make waves in the broader cryptocurrency sector, even with its price falling below the $2,700 level once again as Thursday drew to a close. In recent weeks, ETH has shown notable bullish action, and several crypto analysts are highlighting its potential for a huge upward move...
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Trader makes $17M by betting against James Wynn’s high-risk strategy
The trader that consistently bet against Wynn is now up $17 million on his positions....
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Bitcoin, Ethereum, XRP, Dogecoin Can’t Catch A Break As Traders See ‘Sellers In Control’
Cryptocurrency markets are down on Friday, with continued uncertainty over the future of tariffs depressing risk assets. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $104,722 -1.6% Ethereum (CRYPTO: ETH) $2,6570 -3.1% Solana (CRYPTO: SOL) $160.41 -5.0% XRP (CRYPTO: XRP) $2.20 -3.7% Dogecoin (CRYPTO: DOGE) $0.1992 -9.4% Shiba Inu (CRYPTO:...
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