The U.K. needs to work harder at becoming a global center for the crypto industry to avoid falling behind countries like the U.S., industry executives told CNBC. The country has been saying it wants to be a crypto hub since 2022, before the current Labour government was elected, yet only this week did it start … Read more
A new government relations firm that includes former administration officials started operations in Washington, D.C. to help crypto and artificial intelligence companies shape U.S. policy. NexusOne Consulting is led by Jeff Ifrah, a white-collar defense attorney; Jim Trusty, a former government lawyer who has represented the Trump administration; and Ross Branson, who served in the … Read more
Before Ethereum had a market cap, it was just an idea in a college dropout’s head. Crypto’s biggest companies aren’t being planned in boardrooms. They’re being built in dorm rooms, group chats, and hackathons by founders who don’t wait for permission (many of them don’t finish college at all). This is not a coincidence. It’s … Read more
By Francisco Rodrigues (All times ET unless indicated otherwise) The impact of President Donald Trump’s reciprocal tariffs is starting to be felt. The U.S. economy contracted for the first time in three years last quarter and stock prices have seen their worst first 100-day performance of a presidential administration since 1974. Results from trading platform … Read more
Morgan Stanley (MS) is planning to bring cryptocurrency trading to its E*Trade platform, marking the most serious move yet by a major U.S. bank to offer retail users direct access to cryptocurrencies. The initiative, still in early stages, could debut next year. The bank, Bloomberg reports, is weighing partnerships with crypto-native firms to help build … Read more
Tokyo-based Metaplanet is establishing a wholly owned subsidiary in Florida named Metaplanet Treasury Corp., doubling down on its bitcoin (BTC)-focused treasury strategy that has made it the largest public BTC holder in Asia. The new entity will be capitalized with up to $250 million and serve as Metaplanet’s dedicated U.S. vehicle for treasury operations. The … Read more
Swiss asset manager 21Shares has filed a S-1 registration form for a SUI exchange-traded fund (ETF) to the Securities and Exchange Commission (SEC). SUI is currently trading at $3.67, rising by 4% after the filing went live on the SEC’s website. “Since our earliest research into Sui, we believed it could become one of the … Read more
Eric Trump, son of U.S. President Donald Trump, said that World Liberty Financial’s dollar denominated stablecoin (USD1) has been officially selected as the official stablecoin to close MGX’s $2 billion investment in Binance. Speaking at the Token2049 event in Dubai, Trump also announced that USD1 will be integrating with the Tron ecosystem, which is backed … Read more
Dogecoin (DOGE) prices were little-changed after reports of carmaker Tesla searching for a new CEO to replace technocrat Elon Musk, which the company later refuted. DOGE prices wobbled between the 16-17 cents mark in the past 24 hours, in line with a flat market. Musk is a known dogecoin backer whose comments, or developments at … Read more
The crypto market remains in prolonged consolidation with the overall market cap approaching $3 trillion as analysts eye a possible bitcoin (BTC) breakout that could push the market higher. Bitcoin hovered near $95,00 on Thursday, while ether (ETH), BNB Chain’s BNB and Solana’s SOL remained stagnant. XRP and Cardano’s ADA dropped 2%, while dogecoin (DOGE) … Read more
