Elon Musk has confirmed that his newly announced political venture, the America Party, would support Bitcoin. The statement came during a conversation on X (formerly Twitter), where Musk responded to a question about whether the new party would embrace the leading crypto. According to him: “Fiat is hopeless, so yes [we would embrace BTC].” This […]
Elon Musk’s America Party embraces Bitcoin Read More »
Elon Musk, the founder of Tesla and SpaceX, has declared that his nascent political movement, the “America Party,” will embrace Bitcoin, stating that traditional fiat currency “is hopeless.” This announcement, made on the social media platform X, comes amid a deepening public rift between Musk and President Donald Trump, primarily over the administration’s fiscal policies.
The Trump-linked World Liberty Financial has proposed making its WLFI token tradable to enhance community participation and access. Approval of the Proposal Would Make WLFI Transferable World Liberty Financial, the decentralized finance (DeFi) company associated with the Trump family, has officially floated a proposal to make its WLFI token tradable. The DeFi company asserts that
WLFI Token Could Soon Be Tradable—Early Supporters Set for Partial Unlock Read More »
Key Notes WLFI’s governance proposal symbolically launched on July 4th to transition from closed system to open trading model. Trump family ownership decreased by 20 percentage points following Democratic criticism of presidential crypto conflicts. Enhanced decentralization aims to reduce regulatory scrutiny and meet new U.S. digital asset platform standards. On July 4, World Liberty Financial
Trump-Backed Protocol Launches Proposal for WLFI Trading on Independence Day Read More »
Initial ruling of “yes” on 24 June appearance has been formally challenged. Debate centres on lack of tie, trainers, and formality of attire. Background includes past bet confusion and political pressure from Trump. Ukrainian President Volodymyr Zelenskyy’s attire has unintentionally sparked a multimillion-dollar crypto betting frenzy. A simple prediction on Polymarket—asking whether Zelenskyy would appear
Zelenskyy’s attire divides Polymarket with $79M at stake Read More »
Ether (ETH) traded steadily around $2,584 (+0.55%) as risk assets rallied on strong US jobs data. US economy added 147,000 jobs in June (beating 110K forecast); S&P 500 and Nasdaq hit new record highs. US Congress passed President Trump’s $4.5 trillion ‘Big Beautiful Bill’ of tax cuts and spending reductions. Ether (ETH) held firm above
Ether gains 0.55% as strong US jobs data lifts S&P 500, Nasdaq to records Read More »
Nigeria-based one or more scammers allegedly impersonated the Trump-Vance Inaugural Committee, stealing $250,300 in Ethereum-based USDT from an intended donor. U.S. Attorney Jeanine Ferris Pirro announced Wednesday that the office filed a complaint, classifying the scam as a Business Email Compromise Scheme. According to the prosecutors, the FBI has traced 40,353 USDT.ETH from the transaction
Scammers Steal $250K in Crypto Posing as Trump-Vance Inaugural Committee Read More »
Bitcoin has witnessed a dip below the support area on Wednesday, resulting in the expected quick decline. The descending triangle comes amid Federal Reserve Chair Jerome Powell having a long-term hold on his “wait and see” approach to Fed interest rate cuts. Similar to the stock market, Bitcoin’s price have become increasingly tied to interest
Bitcoin Slips to $106K Amid Market Caution, Powell Offers No Timeline on Rate Cut Read More »
New York Attorney General Letitia James has raised serious concerns over the recently passed GENIUS Act, warning Congress that the bill, in its current form, could leave investors and the U.S. financial system vulnerable. In a letter sent Monday to congressional leaders, James urged lawmakers to slow down the legislative process and implement stronger guardrails
Trump-Backed GENIUS Act Under Fire: NYAG Urges Tougher Stablecoin Rules Before July Vote Read More »
Bitcoin traded above $107K Sunday as focus turned to U.S. fiscal policy and Trump’s “Big Beautiful Bill.” Trump urged “cost cutting Republicans” not to “go too crazy,” promising growth will “make it all up.” Expectations of sustained deficits and loose fiscal policy are bolstering the bull case for hard assets like BTC and gold. Bitcoin
Bitcoin rises above $107K as Trump’s fiscal policy comments boost hard assets Read More »
