digital assets

Trump Media Eyes Bitcoin

Trump Media Eyes Bitcoin with Fintech Expansion

President Donald Trump’s Trump Media and Technology Group (TMTG) is venturing into financial services, with plans to launch a fintech arm called Truth.Fi. The company, which operates the social media platform Truth Social, announced the move as part of a broader diversification strategy. In a bold declaration, Truth.Fi revealed that it may invest $250 million […]

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Trump's Crypto Orders

Trump’s Crypto Orders Spark Investment Surge

Global crypto funds managed by leading asset managers, including BlackRock, Fidelity, Grayscale, and ProShares, recorded net inflows of $1.9 billion last week, according to CoinShares. The surge followed President Donald Trump’s recent crypto-focused executive orders, which bolstered investor confidence in digital assets. One of Trump’s orders created a Presidential Working Group on Digital Asset Markets

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Kraken Case

Kraken Case: A Turning Point for Crypto Regulation

The Securities and Exchange Commission (SEC) secured a partial victory in its lawsuit against Kraken, a prominent US-based cryptocurrency exchange. In a California court, federal judge William Orrick dismissed Kraken’s key defense under the major questions doctrine, which argues that regulatory agencies cannot address significant economic issues without clear congressional authority. Judge Orrick ruled that

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Bitcoin ETF Inflows

Bitcoin ETF Inflows Lose Momentum

In the wake of President Donald Trump’s inauguration, inflows into spot Bitcoin exchange-traded funds (ETFs) in the United States slowed significantly, defying the crypto community’s high expectations. Data from SoSoValue revealed that the 12 spot Bitcoin ETFs collectively attracted $1.76 billion over the past week, marking a 10.5% decline compared to $1.96 billion the previous

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Crypto fund assets

Crypto Fund Assets Hit $138 Billion Amid Investment Surge

A report from European asset manager CoinShares released Monday highlights the extraordinary growth of crypto investment vehicles worldwide. Funds offering exposure to digital coins like Bitcoin, Ethereum, and Solana have seen a surge in investor interest, culminating in an all-time high for assets under management (AUM). Spot Bitcoin ETFs Drive the Boom CoinShares attributes the

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Coinbase commits

Coinbase Commits $25M to Crypto Advocacy Super PAC

Coinbase, one of the largest publicly traded crypto exchanges, has announced another $25 million donation to Fairshake. A bipartisan super PAC focused on supporting crypto interests in U.S. politics. This commitment aims to strengthen crypto representation in Washington, DC, as Coinbase and other industry players face increasing regulatory scrutiny. The latest contribution follows a similar

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Metaplanet bitcoin holdings

Metaplanet Bitcoin Holdings Cross 1,000 BTC

Tokyo-based investment firm Metaplanet has achieved a significant milestone, bringing its total Bitcoin (BTC) holdings to over 1,000 BTC after a month of steady acquisitions. The latest addition on Sunday, comprising 156 BTC for $10 million, boosts its total to 1,108 BTC (roughly $69 million). Known as “Asia’s answer to MicroStrategy,” Metaplanet has adopted an

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Crypto Funds see inflows

Crypto Funds See $407 Million Inflows Amid Political Shifts

Global crypto funds experienced a sharp reversal last week, with net inflows totaling $407 million, following $147 million in outflows the previous week, according to CoinShares. This sudden uptick in investment comes as political developments in the U.S. take center stage, ahead of the presidential election in November. Leading asset managers like BlackRock, Bitwise, Fidelity,

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