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The U.S. Senate has passed the GENIUS Act. The Senate passed legislation to establish the first regulatory framework for stablecoins, capping prolonged, topsy-turvy bipartisan negotiations. According to media reports, the Senate voted 68-30 to pass the bill Tuesday, with two Republicans voting no. The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act) is a bipartisan legislative effort introduced in 2025 to create a clear regulatory framework for stablecoins—digital assets pegged to the value of traditional currencies like the U.S. dollar. READ: Trump’s stablecoin powers $2 billion crypto...
United States President Donald Trump's annual report for the year ended December 2024 shed light on his multi-million dollar earnings from cryptocurrency investments, where one of the sources of income was from World Liberty Financial (WLF). Also Read | SEC Taps New Director of Trading and Markets Who Has Crypto TiesAccording to the 234-page official US Government Ethics report released on President Donald Trump, the 79-year-old Republican earned nearly $57.4 million from his World Liberty Financial business.The filing data also showed that Trump earned $57,355,532, or nearly $57.4 million, from the...
Tokenization is on track to become one of the most important advancements in both the crypto and traditional finance industries. As blockchain technology becomes more advanced and widely accepted, the boundaries between physical and digital financial systems are . Future developments may include: Government bonds issued as tokens on public blockchains Real estate platforms offering live token trading Global stock exchanges are experimenting with blockchain-based settlement systems Central banks are using tokenized infrastructure for digital currencies and asset reserves The continued partnership between traditional financial institutions and blockchain innovators will be critical. With strong support from...
Join Our Telegram channel to stay up to date on breaking news coverage Over the last two days, Abraxas Capital removed over 61,401 ETH, or about $116.3 million, from exchanges. Since institutions transfer money into safe wallets for long-term holding, such massive withdrawals frequently signal a positive mood, which lowers the supply on exchanges and could raise prices. What’s causing the recent excitement in the crypto world today? It’s the rapid ascent of three digital assets that are causing significant waves on the Base Chain: WELL, Crash, and Arcadia. These...
Fundstrat’s head of research Tom Lee believes that US equities are in a much better position now compared to the period before Trump ignited a trade war. In a new interview on CNBC Television, Lee says heightened optimism for 2026 and US companies thriving during hard times are signs suggesting the stock market looks more favorable than it did before Donald Trump sparked a trade war with numerous nations. “When we go back to February when the market was at all-time highs, we have to keep in mind, we had...
Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market faced challenges in the Q1 of 2025 and showed limited recovery throughout most of April. This downturn aligned with a broader market pullback affecting multiple asset classes. Toward the end of the month, however, digital assets began to regain momentum. Bitcoin (BTC), in particular, re-entered the spotlight with its renewed push toward the $100,000 mark. As broader financial markets also started to record gains, investor sentiment shifted, sparking renewed interest in crypto. Market participants...
Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market faced challenges in the Q1 of 2025 and showed limited recovery throughout most of April. This downturn aligned with a broader market pullback affecting multiple asset classes. Toward the end of the month, however, digital assets began to regain momentum. Bitcoin (BTC), in particular, re-entered the spotlight with its renewed push toward the $100,000 mark. As broader financial markets also started to record gains, investor sentiment shifted, sparking renewed interest in crypto. Market participants...