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U.S. President Donald Trump has appointed former Attorney General Pam Bondi to the Presidential Council of Advisors on Science and Technology (PCAST), a high-level artificial intelligence (AI) advisory body co-chaired by crypto advocate and former White House AI and crypto czar David Sacks. Bondi Joins a Panel Stacked With Tech Heavyweights Bondi is set to … Read more
President Donald Trump posted a public statement Tuesday defending the Commodity Futures Trading Commission’s (CFTC) exclusive federal authority over prediction markets and warning that the United States must protect its position as the world’s leading crypto destination. Trump Backs CFTC Chairman Selig on Prediction Markets, Warns States to Stand Down On Truth Social, Trump directed … Read more
Oil markets slid over the Memorial Day weekend as President Trump said a deal to reopen the Strait of Hormuz is “largely negotiated,” pulling Brent crude below $99 while bitcoin held near $77,000 with U.S. stock exchanges shuttered for the holiday. Trump Signals U.S.-Iran Deal Pushes Brent Crude Below $99 as WTI Eyes $80s Brent … Read more
Prediction market traders on Polymarket have placed more than $154 million in bets on whether the United States and Iran will reach a permanent peace deal in 2026, as President Donald Trump described his decision as a “solid 50/50” between accepting a diplomatic agreement and resuming military strikes. Bitcoin rose 1.5% on the news, reclaiming … Read more
A wallet linked to Trump Media & Technology Group has moved 2,650 bitcoin to crypto exchange Crypto.com, a transfer worth approximately $204.93 million that has prompted fresh questions about the company’s bitcoin treasury management. Trump’s Treasury Strategy Draws Scrutiny Onchain data shows a Trump Media-linked address depositing 2,650 BTC, valued at roughly $204.93 million, to … Read more
President Trump told Fortune editor-in-chief Alyson Shontell this week that he is furious about the $149 billion the federal government must return to importers after the Supreme Court struck down a significant portion of his 2025 tariffs. Supreme Court’s 6-3 Ruling Forces $149 Billion Payout, Trump Pushes Back “It really pisses me off,” Trump said … Read more
Traders have largely abandoned expectations for Federal Reserve rate cuts in 2026, with CME Fedwatch data showing 95% to 98% odds of no change at any of the upcoming meetings, and prediction market bettors backing that view for June with tens of millions of dollars. Markets Price Out Every Rate Cut for 2026 The Fed’s … Read more
Trump ordered federal regulators to review fintech and digital asset rules tied to banking and payment system access. The order gives agencies 90 days to identify barriers facing fintech firms and digital asset companies. Trump Order Targets Digital Asset Access to Payment Rails President Donald Trump issued an executive order on May 19 directing federal … Read more
On May 19, bitcoin rebounded from a low of $76,000 to trade above $77,000 ($77,200 by 3:50 AM EST). However, Bitfinex analysts warn that the drop below $78,000 exposes deep market fragilities. Geopolitical Relief Bitcoin climbed back above $77,000 on the morning of May 19, rebounding from a late‑Monday dip to $76,000. The recovery remained … Read more
President Donald Trump issued a stark warning to Iran on Sunday, telling the country its time is running out as U.S.-Iran ceasefire talks stall and oil futures hold above $100 per barrel. Oil Prices Stay Above $100 as Trump Warns Iran Time Is Running Out on Ceasefire Deal Trump posted the statement on Truth Social … Read more