Democratic Senators Question New OCC Chief About Trump’s Crypto Ventures, Stablecoin Rules
In a new letter, a trio of Senate Democrats has pressed the new head of the Office of the Comptroller of the Currency (OCC) about the US President’s crypto ventures and a potential conflict of interest related to the Trump family’s stablecoin, USD1. Senators Question Banking Regulator On Thursday,...
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Another Day, Another ATL for Pi Network’s PI: Who Is Selling?
TL;DR Pi Network’s native token can’t catch a break as the asset has marked another double-digit price plunge in the past 24 hours to a fresh all-time low. This has prompted project proponents and analysts to ask who is selling at such adverse times for the underlying asset’s price....
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Massive Crypto Liquidations Hit $754M: Bitcoin, Ethereum, and Altcoins Lead the Drop
The cryptocurrency market faced a severe correction on August 1, 2025, with over $700 million in liquidations recorded in just 24 hours across Bitcoin and other major assets. According to Coinglass, long positions accounted for $707 million, highlighting the brutal wipeout of bullish bets across Bitcoin (BTC), Ethereum (ETH),...
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Mill City Ventures to load up on more SUI with $500M deal as shares fall 11%
Mill City Ventures III announced a $500 million equity agreement to boost its SUI treasury, which currently sits at 76.2 million units after making its first $276 million purchase this week....
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What Is The FDIC Hiding? Coinbase Demands Crypto Disclosure
According to court papers filed on Tuesday, Coinbase has pushed back hard against the Federal Deposit Insurance Corporation’s latest bid to toss out its Freedom of Information Act lawsuit. The exchange wants more details about so-called “pause letters” that the FDIC allegedly sent to banks, telling them to step...
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Arthur Hayes offloads $13 million in ETH, PEPE, and ENA amid market pullback
Hayes’ crypto sell-off amid market decline may signal reduced confidence, potentially influencing investor sentiment and market stability. The post Arthur Hayes offloads $13 million in ETH, PEPE, and ENA amid market pullback appeared first on Crypto Briefing....
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FCA Announces Plans to Grant Retail Access to Crypto Exchange-Traded Notes
The United Kingdom’s Financial Conduct Authority (FCA) has announced plans to lift its current restrictions on retail access to crypto exchange-traded notes (cETNs), opening up a segment of the digital asset market previously reserved for professional investors. This decision marks a significant policy shift as the regulator seeks to...
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Crypto Market Plunges Nearly 6% as Trump’s Tariffs and Fed Policy Shake Investor Confidence
The global crypto market took a sharp downturn on August 1, dropping nearly 6% in 24 hours, as investor sentiment soured amid escalating U.S.–China trade tensions and uncertain Federal Reserve policy. The sell-off wiped billions from crypto valuations, with Bitcoin falling to $114,322 and over $577 million in long...
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IMF Bows To Bitcoin—Global Economic Standards Overhauled
The International Monetary Fund (IMF) used a July 31 staff blog to say the quiet part out loud: Bitcoin now belongs inside the world’s core economic statistics. The post—timed to the UN Statistical Commission’s approval of the updated System of National Accounts (SNA)—states that “Bitcoin, for example, has a...
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Hong Kong Stablecoin Licensing Regime Takes Effect
Hong Kong’s stablecoin licensing framework officially went live on August 1. This is the first time the city has introduced a legal structure specifically for fiat-pegged digital tokens. The move puts the Hong Kong Monetary Authority (HKMA) in charge of approving which firms can issue stablecoins and how they...
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