Crypto

A collection of 73 posts

Politics

Democrats Vow Trump Family Business Probes if They Win Congress

Democrats plan to subpoena Trump family business deals, ballroom donors, and crypto ventures if they win the House or Senate in November, per Reuters. Probes could begin as early as February.

Politics

Hegseth Reports $1M+ in Bank Account Previously Listed Under $50K

Pete Hegseth's new financial disclosure shows a bank account worth more than $1 million that was previously listed at $15,001 to $50,000, with the filings offering no explanation for the change.

Crypto

US Seizes $84M From Payments Firm Capstone Linked to Tether, Bitfinex

The DOJ seized roughly $84M from Capstone, a payments firm handling flows for Tether and Bitfinex via EQIBank. Tether says exposure is under 0.034% of assets, but the case exposes stablecoin banking risk.

Politics

Lutnick’s Net Worth Doubles to Over $7B Since Joining Trump Cabinet

Commerce Secretary Howard Lutnick’s net worth has doubled to about $7.3 billion since joining Trump’s Cabinet, per Forbes, driven mostly by Cantor Fitzgerald’s indirect Tether exposure.

Markets

Robinhood CEO: Companies Can’t Control How Their Stock Is Tokenized

Robinhood CEO Vlad Tenev says public companies can’t control every financial product built around their stock, defending HOOD’s tokenized equities push as the feud with AMC’s Adam Aron escalates.

Banks

US Bancorp Runs First Live USBDC Stablecoin Transaction on Stellar

U.S. Bancorp completed its first live USBDC stablecoin transaction, a cross-border payment on the Stellar blockchain, as major banks race to deploy on-chain dollar tokens.

Crypto

Hunter Biden to Launch $LAPTOP Memecoin on Base Sept. 9

Hunter Biden is launching the $LAPTOP memecoin on Coinbase's Base network on Sept. 9, with 20% of the 1B supply airdropped to wallets that lost money on $TRUMP and burn triggers tied to the 2028 election.

Markets

House GOP Cuts September Session Short Ahead of Midterms

House Republican leaders have canceled the last two weeks of their September legislative session, sending members home early to campaign for the November midterm elections. This move significantly curtails legislative activity, potentially delaying key bills like the CLARITY Act.

Macro

Dalio: Cut Bonds, Put 10-15% in Gold as US Debt Crisis Looms

Ray Dalio says investors should underweight bonds and put 10-15% of their portfolio in gold, plus a bit of Bitcoin, warning a US debt crisis could hit within three years.

Crypto

Trump Floats Sizable US Bitcoin Purchase, BTC Reclaims $70K

Trump says the US is considering a sizable Bitcoin purchase. BTC reclaimed $70K, over $1B in shorts got liquidated, and spot ETFs saw nearly $500M in two-day inflows.

Markets

Barron Trump's Net Worth Surpasses Melania's, Reaches $150 Million

At 19, Barron Trump's net worth has reached $150 million, surpassing his mother Melania's, largely due to his involvement in the family's cryptocurrency ventures.

Crypto

Saylor: ChatGPT Helped Strategy Raise $15B for Bitcoin Buys

Michael Saylor says ChatGPT helped Strategy design the Bitcoin-linked preferred stock that raised roughly $15 billion in a year. The figure is capital raised, not personal profit.

Crypto

Jim Cramer Says He's Selling All His Bitcoin Over Quantum Fears

Jim Cramer said on Mad Money he's selling all his Bitcoin, citing quantum computing risks within 3-4 years. Traders are already reviving the inverse Cramer meme as BTC holds near $64,000.

Politics

Trump Family's Profits from Presidency Estimated at $4 Billion

David Kirkpatrick reports the Trump family has amassed approximately $4 billion by leveraging the presidency, raising concerns about conflicts of interest and market implications.

Politics

Trump Earned More in 2 Years of 2nd Term Than Prior 60 Years

Bloomberg reports Trump has earned more in the first two years of his second term than in the prior 60 years of his life, driven by crypto tokens, licensing, and Mar-a-Lago.

Politics

Senate's CLARITY Act Proposes Ban on Federal Officials Issuing Digital Assets

The Senate's CLARITY Act introduces a ban on federal officials, including the President, from issuing or sponsoring digital assets, aiming to prevent conflicts of interest.

Crypto

Trump’s $1.4B Crypto Haul Tops Every US Public Crypto Firm

Trump’s 2025 financial disclosure shows at least $1.4B in crypto income, edging out Coinbase’s $1.26B and topping every publicly traded US crypto company on the board.

Politics

Trump: My Kids Have ‘Inside Information’ Because of My Presidency

Trump told CNBC his children have ‘inside information’ due to his presidency, as new disclosures show $2.2B in 2025 income and more than 21,000 trades tied to the family.

Crypto

Trump Reports Over $1B in Crypto Income, $635M From $TRUMP Coin

Trump's 2025 financial disclosure shows more than $1 billion in crypto income, headlined by $635M in $TRUMP memecoin royalties and over $500M from World Liberty Financial token sales.

Crypto

TRUMP meme coin generated about $616M for the Trump family: Reuters

A Reuters investigation estimates the $TRUMP meme coin generated about $616M for the Trump family and affiliated entities, while buyers lost more than $700M as the token collapsed 97% from its January 2025 peak.

Crypto

TRUMP Meme Coin: $616M for Trump Family, $700M+ Lost by Buyers

A Reuters investigation found the TRUMP meme coin generated about $616 million for the Trump family while buyers lost more than $700 million as the token fell roughly 97% from its peak.

francis suarez

Miami Mayor Francis Suarez doubles net worth reaching $3.5 million, he receives his $126,000 annual salary in crypto

Per Bloomberg The Mayor of Miami, Francis Suarez, has seen his net worth double to $3.5 million. He reportedly converts his $126,000 salary into crypto. In 2021, regulatory filings reveal that he was able to pay off close to $1.7 million in debt. He also bought a

Bitcoin

Standard Chartered shares Bitcoin prediciton, saying it could reach $120,000 by 2024

Per Reuters Standard Chartered has given its predictions regarding Bitcoin, saying that the top crypto could reach $120,000 by the end of 2024. For the end of this year, the expectation is that BTC will reach $50,000. In April, Standard Chartered shared its expectations, believing that it would

sbf

SBF's 5 out of 13 FTX fraud-related charges withdrawn

Per Business Insider The Assistant US Attorneys for the Department of Justice have withdrawn five out of the 13 charges against Sam Bankman-Fried. These charges were in relation to the financial fraud of FTX. Initially, SBF was facing 13 criminal charges, but five of them would be dropped in

ftx

FTX plans crypto exchange revival as it starts talking to investors

Per Reuters The new FTX CEO John Ray shared a statement as cited on Wall Street Journal regarding the company's plans to revive its crypto exchange. Per the new CEO replacing former Sam Bankman-Fried, it was reported that interested parties are being approached regarding a potential relaunch.