Cryptocurrency

Elias Rodriguez Meme Coin Sparks Crypto Outrage

A cryptocurrency meme coin named after Elias Rodriguez, the suspect in the murder of two Israeli Embassy staffers in Washington, D.C., was launched within hours of his arrest, igniting outrage. The coin, reportedly created on the Solana blockchain, briefly surged in value to over $360,000 before crashing to around $24,000. Approximately 550 traders had bought into the token, which was designed as a twisted tribute to the alleged killer.

Trump Crypto Venture Sparks Ethics Concerns

Former President Donald Trump’s sons, Eric Trump and Donald Trump Jr., have launched a cryptocurrency venture, World Liberty Financial, raising ethical questions as Trump campaigns for re-election.

Tim Scott Slams Dems for Blocking Crypto Bill

Senate Banking Committee Chairman Tim Scott (R-SC) sharply criticized Senate Democrats on Friday for blocking the GENIUS Act, a Republican-led bill to regulate stablecoins and promote financial inclusion. Speaking to Breitbart News, Scott called the move “disgusting” and accused Democrats of prioritizing politics over helping working-class Americans.

Bitcoin Surges to $92K Ahead of White House Crypto Summit

President Donald Trump has signed an executive order establishing a strategic bitcoin reserve, marking a significant shift in U.S. cryptocurrency policy. The reserve will...

SEC Launches Task Force to Develop Crypto Regulations Under Trump Administration

The U.S. Securities and Exchange Commission (SEC) announced Tuesday the formation of a task force to create a regulatory framework for cryptocurrency.

Soulja Boy Defends Performance at Trump-Adjacent Crypto Ball Event

Rapper Soulja Boy addressed criticism of his recent performance at the Crypto Ball in Washington, D.C., held ahead of President-elect Donald Trump’s inauguration. The star-studded event, featuring performers such as Snoop Dogg and Rick Ross, brought together cryptocurrency executives and industry supporters to celebrate crypto policy shifts under the incoming administration.

U.S. Stocks Plunge After Fed Cuts Rates and Signals Slower Reductions

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

Federal Government Abusing Bank Secrecy Act to Spy on Americans’ Financial Data

A damning report from the House Judiciary Committee and the Select Subcommittee on the Weaponization of the Federal Government alleges that federal agencies under the Biden-Harris administration are exploiting the Bank Secrecy Act (BSA) to conduct warrantless surveillance of Americans' financial activities. The investigation reveals that federal law enforcement agencies, particularly the FBI, have used financial institutions to bypass constitutional safeguards and obtain sensitive data.

Bitcoin Hits $100,000: From Experiment to Financial Powerhouse

Bitcoin reached a record price of $100,000 on Wednesday, marking an extraordinary milestone for the once-niche digital currency. The achievement underscores Bitcoin’s evolution from an experimental asset dismissed by Wall Street into a central player in global finance.

SEC Chair Gary Gensler to Step Down January 2025

Securities and Exchange Commission (SEC) Chair Gary Gensler announced Thursday that he will step down on January 20, 2025, the day President-elect Donald Trump...

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