LIBRA Token Fallout: Court Blocks $57.65M in USDC Linked to Kelsier Ventures
A US federal court has ordered the freezing of approximately $57.65 million in USDC linked to the embattled LIBRA meme coin. The latest development is a significant move in an ongoing class-action lawsuit targeting alleged fraud. The freeze, executed on May 28 via a Temporary Restraining Order (TRO) issued...
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U.S. House Republicans Officially Introduce Crypto Market Structure Bill
Leading Republicans in the House of Representatives have formally introduced their latest version of the bill to establish a regulatory structure for digital assets markets, something the industry has clamored for for years. The successor to the previous session’s Financial Innovation and Technology for the 21st Century Act (FIT21),...
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Bitcoin Slides Below $106K; Analyst Sees Ether Breakout Looming
Bitcoin BTC quietly slid to its weakest price in nine days on Thursday afternoon as crypto markets cooled off after a multi-week rally from the April lows. The top cryptocurrency hit a session low of $105,750 before rebounding to just above $106,000. It was down 1.5% in the last...
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Ships Could Pay Panama Canal Transit Fees in Bitcoin and Cut the Line, Panama City Mayor Muses
LAS VEGAS, Nevada — The Mayor of Panama City, Mayer Mizrachi, is taking notes on bitcoin from the leader of El Salvador. Speaking at Bitcoin 2025 in Las Vegas on Thursday, Mizrachi said he’s been thinking of ways Panama’s capital city, which is home to the Panama Canal, could implement...
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US markets close green as Trump tariff drama muddies outlook
U.S. stocks rose Thursday, with the S&P 500 up 0.4%, after Nvidia’s strong first-quarter earnings lifted sentiment. However, gains were tempered by renewed uncertainty over President Donald Trump’s tariff policy following conflicting court decisions. The tech-heavy Nasdaq Composite also climbed…...
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Bitcoin, Ethereum, XRP, Dogecoin Down Again As Tariff News Rattle Bullish Sentiment
Cryptocurrency markets are down on Thursday as a legal tussle over the tariffs imposed by President Donald Trump weighs on risk sentiment. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,927 -1.4% Ethereum (CRYPTO: ETH) $2,643 +0.2% Solana (CRYPTO: SOL) $166.83 -1.9% XRP (CRYPTO: XRP) $2.26 +0.7% Dogecoin (CRYPTO: DOGE)...
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Is Ethereum Dying? #crypto
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SEC Task Force Chief Says Crypto Traders Need to be Growups, Not Cry to Government
LAS VEGAS, Nevada — You shouldn’t be a crypto libertarian that comes crying for government help when things go badly, according to Hester Peirce, the chief of the crypto task force at the U.S. Securities and Exchange Commission. “I do think that sometimes, when something bad happens in this...
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Stand With Crypto Removes Soulja Boy From NJ Governor Rally After Discovering Sexual Assault Fine
Rapper Soulja Boy will no longer perform at Stand With Crypto’s “get out the vote” event in Jersey City next week due to a court finding him liable for sexual battery and assault, a spokesperson told CoinDesk on Thursday. Soulja Boy, otherwise known as DeAndre Cortez Way, and 070...
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Russia Says Financial Institutions Can Offer Crypto-Linked Instruments to Qualified Investors
The Bank of Russia said that financial institutions may offer crypto-linked instruments to qualified investors as the nation continues to explore crypto offerings. “Financial institutions may offer qualified investors financial derivatives, securities, and digital financial assets whose yields are linked to cryptocurrency prices,” the Bank of Russia said in...
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