MANHATTAN — U.S. President Donald Trump again touted his crypto bona fides at a conference Thursday, telling an audience it was an “honor” to be considered a crypto president. Speaking in a 90-second recorded video at Coinbase’s (COIN) State of Crypto Summit (no relation to the CoinDesk newsletter with the same name), Trump reiterated comments
SPRINGFIELD, Ill. (WAND) — Two Democratic plans in Springfield would begin some of the first regulations to be put on the cryptocurrency industry. FILE – Bitcoin logos are displayed at the Inside Bitcoins conference and trade show on April 7, 2014, in New York. (AP Photo/Mark Lennihan, File) Mark Lennihan It would start by requiring
Travis Kling of Ikigai Asset Management shared his May highlights for bitcoin and broader crypto ecosystem, underscoring the remarkable scale of institutional adoption throughout the month. May was a blockbuster month for the crypto sector, headlined by unprecedented institutional investment, key legal developments, and heightened adoption by both private and public entities. Bitcoin reached new
This month, approximately $529K in bitcoin hit the digital wallet of Miami-based developers Rilea Group and Cipres. In exchange, they handed over the keys to a luxury condo unit at their under-construction The Rider Residences near the Wynwood neighborhood. It was the group’s first direct wallet-to-wallet cryptocurrency transaction and among the few instances in which bitcoin has been used to trade real
Four major crypto companies are seeking various banking licenses in a strategic effort to integrate digital assets with traditional financial systems, according to a new Wall Street Journal report. According to the WSJ report, USDC-issuer Circle and BitGo are pursuing federal bank charters that would allow them to function as conventional lending institutions, offering deposit
Shares of Coinbase Global and other firms linked to cryptocurrencies were hammered this quarter, as growing concerns about the US economy weighed on digital assets. Coinbase fell 31 per cent in the worst quarterly performance since FTX collapsed near the end of 2022. Nearly every major crypto-linked stock plunged alongside it, from conglomerate Galaxy Digital
Ripple announced that the SEC’s lawsuit against the firm is over. Ripple Labs’ XRP cryptocurrency spiked over 13% on the news. It is another indicator of shifting regulatory tides for crypto under the Trump administration. The US Securities and Exchange Commission is dropping its case against Ripple, the blockchain firm that fell into regulatory crosshairs