World Liberty Financial, a crypto company closely tied to US President Donald Trump and his family, is facing fresh scrutiny after two Democratic Party senators urged federal regulators to investigate the firm over alleged ties to sanctioned actors in North Korea and Russia. In a letter sent to Attorney General Pamela Bondi and Treasury Secretary…
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Strategy executive chairman Michael Saylor has shrugged off concerns that Wall Street’s entry into Bitcoin affected its price action and volatility. “I think we are getting a lot less volatility,” Saylor said when asked the question during an interview with Fox Business on Tuesday. It comes as Bitcoin (BTC) has fallen nearly 12% over the…
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Senate Banking Committee Chair Tim Scott says he’s looking to mark up a crypto market structure bill next month to have it on President Donald Trump’s desk by early next year. Scott told Fox Business on Tuesday that the committee has been negotiating with Democrats to reach a deal, but accused the party’s senators of…
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The US government is unlikely to start accumulating Bitcoin for its strategic reserve until other nations make the first move, says crypto entrepreneur Mike Alfred. Alfred said in a podcast published on Tuesday that the US government will start putting Bitcoin (BTC) into its reserve created earlier this year “when there is enough pressure externally.” …
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Shares in Canaan surged on Tuesday after the Bitcoin mining hardware maker reported its third-quarter revenues doubled from last year, driven by a high demand for equipment as multiple miners saw revenues increase. Canaan said on Tuesday that its total Q3 revenues increased 104% from last year to $150.5 million due to a “substantial volume…
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Bitfury is the latest Bitcoin miner to pivot away from the mining sector, announcing it will become an investment firm focused on “ethical emerging technologies,” including artificial intelligence and crypto. Bitfury said on Tuesday that it would pour $1 billion into AI and crypto startups as early as the fourth quarter of 2025, with the…
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Analysts have questioned whether November deserves its reputation as Bitcoin’s historically “strongest month” after the cryptocurrency dropped 10% over the past seven days and briefly sank below $90,000. “Historical averages suggest strength, but those numbers are skewed and the current backdrop is anything but normal,” James Harris, the CEO of crypto yield provider Tesseract, told…
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Key takeaways: Federal Reserve balance-sheet limits and possible repo operations point to improving liquidity conditions that could boost Bitcoin and other risk assets. Fiscal strain and sector weakness currently weigh on markets, but easing tariffs and a targeted stimulus plan may support a recovery in crypto demand. Bitcoin (BTC) and the broader crypto market could…
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The Republic of the Marshall Islands announced that it would allow citizens to access funds through a government-issued digital asset as part of the nation’s Universal Basic Income (UBI) program. In a Wednesday announcement shared with Cointelegraph, the government of the island nation said it had launched a digital wallet called Lomalo, which will utilize…
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Key takeaways: Bitcoin’s drop below its MVRV Mean band puts $75,700 as the next major downside target. BTC whales are accelerating their purchases as Wall Street analysts predict a 40% price rebound by year-end. Bitcoin (BTC) may be preparing for a deeper decline after breaking below a crucial long-term support level that has helped stabilize…
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