English News
China’s Finance Ministry Imposes Tariffs in Retaliation to U.S. Trade Measures
(Crypto News)-05/02/2025China has responded swiftly to new U.S. trade measures, imposing tariffs on a range of American imports just minutes after the latest U.S. levies took effect.At 12:01 a.m. ET (05:01 GMT) on Tuesday, a 10% tariff on all Chinese imports into the U.S. came into force, as announced by President Donald Trump.In retaliation, China’s […]
President Trump Signs Executive Order Calling for US Sovereign Wealth Fund Creation
(Crypto News)-05/02/2025President Donald Trump on Monday, signed an executive order for the creation of the nation’s sovereign wealth fund. The move has already sparked curiosity over potential Bitcoin acquisitions.The executive order directs US treasury and commerce departments to deliver a plan “within 90 days” for the creation of a sovereign wealth fund.“We have tremendous potential,” said President […]
US Senate Confirms Pro-Bitcoin Scott Bessent as Trump’s Treasury Secretary
(Crypto News)-29/01/2025The US Senate has voted to confirm crypto advocate and billionaire hedge fund manager Scott Bessent as the Treasury Secretary. The vote ended with the majority of 68 in favor, confirming that Bessent will formally be joining Trump’s cabinet.Scott Bessent has been an outspoken advocate for blockchain and digital assets. His confirmation adds hope […]
ECB Pushes for Digital Euro as Trump Advocates for US Dollar-Backed Stablecoins
(Crypto News)-29/01/2025The European Central Bank (ECB) has reiterated its push for a digital euro, citing US President Donald Trump’s recent executive order promoting dollar-backed stablecoins as a key driver.According to a Jan. 24 Reuters report, ECB board member Piero Cipollone said that Trump’s order, which aims to “promote the development and growth of lawful and legitimate dollar-backed stablecoins worldwide,” could […]
MicroStrategy Acquires Over $1 Billion Worth of Bitcoin
(Crypto News)-29/01/2025On January 27, co-founder Michael Saylor revealed that MicroStrategy had acquired 10,107 BTC for $1.1 billion in an effort to bolster its Bitcoin holdings.MicroStrategy’s Ongoing Bitcoin Accumulation as the Rally WanedAccording to the company’s latest 8-K form, the Virginia-based organization now holds 471,107 Bitcoin amounting to $30.4 billion at $64,511 per Bitcoin.Saylor’s Monday X […]
Over One in Five Russians Trade Meme Coins, Survey Finds
(Crypto News)-29/01/2025More than one in five Russians trade or hold meme coins, a new survey has found, as the popularity of “hype”-generated tokens spreads globally.Per the media outlet Gazeta.ru, the survey of 3,000 Russians aged 18 to 60 was conducted by the financial services provider Vyberu.21% of Russians Trade Meme CoinsThe firm found that 21% of respondents […]
Crypto Community Voices Policy Changes Needed Under Trump Administration
(Crypto News)-29/01/2025After years of uncertainty around digital assets in the United States, President Donald Trump has vowed to make America the world’s leading crypto nation.The newly elected US President has already signed an executive order to establish regulatory clarity around digital assets.The order includes the creation of a “digital asset national stockpile,” along with prohibiting the creation […]
Bitcoin Price Crosses $109K to Hit ATH as Trump Prepares to Take Office
(Crypto News)-22/01/2025Bitcoin (BTC) has surged past $109,000 as President-elect Donald Trump prepares to begin his second term in the White House.The cryptocurrency briefly hit an all-time high (ATH) of $109,111 on Jan. 20, according to data from CoinMarketCap, before quickly retreating below $108,000.At the time of writing, Bitcoin is trading at $108,342, marking a 3% increase […]
Billionaire Mark Cuban Teases Meme Coin Modeled After Trump’s New Token
(Crypto News)-22/01/2025Billionaire Mark Cuban, who owns the Dallas Mavericks, said Friday that he is considering issuing a meme coin, mirroring the structure of President Donald Trump’s recent crypto project $TRUMP.The meme project will use terms similar to the $TRUMP coin, which has a 20% float. At launch, only 20% of the total supply, or 1 […]
Trump’s ‘Day One’ Lacks Crypto Executive Order Promise, Circle CEO Remains Bullish
(Crypto News)-22/01/2025Donald Trump, the 47th president of the United States, did not mention crypto during his Monday inaugural speech.Adding to the disappointment, a GOP congressional ‘immediate priority’ report omitted any mention of crypto or Bitcoin. Instead, the priorities included topics such as energy independence and immigration, leaving the community to speculate about crypto-related announcements.Trump had […]
Donald Trump Family Meme Coins Plummet During Inauguration: $Melania Drops to $790M, $Trump Sees Market Cap Halved
(Crypto News)-22/01/2025The inauguration of Donald Trump as the U.S. president marked a turbulent day for the Trump family’s meme coins, $TRUMP and $MELANIA.Both tokens experienced dramatic declines in market value during the high-profile event.According to Coingecko, Melania Trump’s token, $MELANIA, saw its market capitalization plummet from $2 billion to $790 million, while Donald Trump’s $TRUMP token halved […]
Trump Frenzy Triggers Inflows of $2.2B into Digital Asset Products: CoinShares
(Crypto News)-22/01/2025Triggered by the Trump inauguration euphoria, digital asset products saw record inflows of $2.2 billion last week, according to the latest CoinShares report, marking the largest weekly inflows of 2025 so far and pushing year-to-date (YTD) inflows to $2.7 billion.The spike in activity has pushed total assets under management (AuM) to an all-time high of […]
Dubai VARA Grants HashKey In-Principle Approval for VASP Application
(Crypto News)-15/01/2025HashKey Group announced Monday that its Middle East and North Africa arm has received an in-principle license approval from Dubai.The Dubai Virtual Assets Regulatory Authority (VARA) gave the greenlight for HashKey MENA’s Virtual Asset Service Provider (VASP) license application. The final regulatory approval allows the exchange to offer crypto services including broker-dealer, the press release noted.Further, […]
Italy’s Largest Banking Group Invests Directly in Cryptos for First Time
(Crypto News)-15/01/2025Banca Intesa Sanpaolo, Italy’s largest bank by assets, purchased 11 Bitcoins on Monday, worth €1 million ($1.02 million).According to a Wired Italia report, this marks the first time in Italy, a credit institution concluded a direct crypto transaction.Some employees of the largest Italian bank first flagged the crypto purchase and sale on the imageboard website 4Chan.“As […]
Three Russian Nationals Indicted for Operating Crypto Mixers by Georgia Federal Grand Jury
(Crypto News)-15/01/2025A federal grand jury in Georgia has indicted three Russian nationals for operating cryptocurrency mixing services Blender.io and Sinbad.io, accusing them of money laundering.Roman Vitalyevich Ostapenko and Alexander Evgenievich Oleynik, who were arrested last month, face charges of laundering criminal proceeds, the U.S. Department of Justice (DOJ) announced on Friday.A third individual, Anton Vyachlavovich Tarasov, […]
Crypto Mining Hardware Sales ‘Triple’ in Russia as Moscow Teases ‘Light Touch’ Regulation
(Crypto News)-15/01/2025Crypto mining hardware sales have tripled in Russia year-on-year, one of the nation’s top Bitcoin mining experts has claimed.Speaking to the Russian news outlet Prime, Sergey Bezdelov, the head of the Industrial Mining Association said that “in the fourth quarter of 2024,” the demand for industrial mining equipment and services in Russia “increased threefold compared to the […]