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The wallet tied to the Trump team’s TRUMP token allocation moved another 10.84 million tokens, worth $16.91 million, toward custodian Bitgo on July 25, extending a pattern the team has repeated for months. Onchain Data Flags a Fresh Bitgo Transfer Blockchain analytics platform Lookonchain said the official Trump team allocation wallet sent 10.84 million TRUMP, … Read more
Senate Republicans planned to release the updated CLARITY Act text on July 17, immediately after a White House meeting with President Donald Trump, even as Senate Democrats warned they will not support the draft. Delay After Delay Republican senators were expected to unveil the long-delayed Senate text following Thursday afternoon’s meeting with the president. The … Read more
A White House teleprompter operator who has worked behind the scenes of Donald Trump’s biggest speeches since 2016 is now the subject of a federal investigation into whether he used advance knowledge of the president’s remarks to win more than $100,000 on a prediction market, according to sources familiar with the matter who spoke to … Read more
The White House posted a nine-second video promoting a new $1 “Trump Coin” on Wednesday, briefly rattling the market for the TRUMP memecoin, where nearly 989,000 wallets remain underwater. Promotion on the Biggest Platform Possible The White House’s official account on social media platform X published a nine-second video on Wednesday captioned simply “TRUMP COIN!” … Read more
The U.S. Senate unanimously approved S.Res. 772, a bipartisan resolution opposing any presidential pardon or commutation for former FTX CEO Sam Bankman-Fried, reinforcing Senate support for financial accountability as his clemency petition remains pending. Senate Unanimously Opposes Clemency for Bankman-Fried The U.S. Senate on July 15 unanimously approved S.Res. 772, a bipartisan resolution declaring that … Read more
Coinbase Chief Policy Officer Faryar Shirzad said the Clarity Act delivers “a dramatic advance in consumer protection and market integrity,” as the Senate targets floor action on the crypto market structure bill the week of July 20. More Support Pours In Shirzad made the case for the Digital Asset Market Clarity Act in a Fox … Read more
Treasury Secretary Scott Bessent said the entire U.S. gold stockpile at Fort Knox and other federal vaults remains present and accounted for, pushing back on years of public doubt about America’s bullion reserves. Bessent Breaks Down the Vault Bessent commented during a Fox News interview, where he walked through the history of U.S. currency backing … Read more
Bitcoin climbed to $65,000 on Wednesday, reclaiming the level for the first time since renewed U.S.–Iran hostilities knocked the price below $62,000 earlier this week. The move caps a two-week recovery from a late-June low near $58,000. From $62K Panic to $65K Reclaim Bitcoin pumped to $65,005 during Wednesday’s session, with the reclaim arriving just … Read more
The U.S. government has paid back $81 billion in tariffs so far this fiscal year after the Supreme Court ruled President Donald Trump’s sweeping import levies illegal in February. The figure dwarfs the $5 billion refunded over the same stretch a year earlier. Refunds Surge After February’s Ruling The refund tally, flagged Monday, covers the … Read more
U.S. President Donald Trump declared a June ceasefire with Iran “over” this week after U.S. Central Command carried out fresh strikes on Iranian military targets, reigniting a conflict that had appeared to cool weeks earlier. The renewed fighting traces back to attacks on commercial vessels near the Strait of Hormuz around July 7 and 8. … Read more