US


Markets

Elon Musk Blasts U.S. Spending Bill as Debt Nears $37T

Tesla CEO calls Trump’s spending package the ‘Debt Slavery Bill’.

Elon Musk (Daniel Oberhaus/Flickr)

Policy

Samourai Wallet Files to Dismiss DOJ Case, Citing FinCEN Guidance

The developers claim Samourai Wallet never handled user funds and should not be considered a financial institution.

Statue of a samurai on horseback (Ryunosuke Kikuno/Unsplash)

Markets

Bitcoin Nears Golden Cross Weeks After 'Trapping Bears' as U.S. Debt Concerns Mount

BTC nears golden cross, as Moody's downgrade validates bond markets' concerns about the sustainability of the U.S. fiscal debt.

Bull statue (Pixabay)


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Finance

Animoca Brands Plans U.S. Listing to Capture 'Unique Moment' of Trump Administration: FT

An announcement on plans to list in New York is expected soon, executive chairman Yat Siu said in an interview.

Animoca Brands' co-founder and executive chairman Yat Siu speaks at Consensus Hong Kong (CoinDesk)

Markets

Much-Awaited Fed Rate Cut May Not Come Before Q4, ING Says

Delayed rate cuts could be more aggressive when they happen, the investment bank said.

Federal Reserve Chair Jerome Powell speaks during a news conference

Policy

DOJ Seeks 20-Year Sentence for Celsius Founder Alex Mashinsky

Federal prosecutors called Mashinsky the architect of a "years-long campaign of lies and self-dealing" that left customers with billions in losses.

Former Celsius CEO Alex Mashinsky in shadow against a dark backgroud

Policy

Nexo to Return to U.S. After 2022 Exit, Citing Renewed Crypto Optimism Under Trump

The digital asset platform, which left the U.S. after clashing with regulators, says it’s relaunching with full services for retail and institutional clients.

Nexo Co-Founder Antoni Trenchev and Donald Trump Jr. shake hands (Nexo)

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Markets

First XRP ETF in U.S. Racks up $5M on Debut in Teucrium's 'Most Successful Launch'

The trading volume puts it among the top ETF product introductions, one market analyst said.

Fireworks explode in the night sky. (photogrammer7/Pixabay)

Markets

Powell Likely to Wait Until Trump Blinks, 'Dr. Doom' Roubini Says

Roubini, known as Dr. Doom for predicting the 2008 financial meltdown, warned against relying on the Fed for a swift resolution to market instability.

Nouriel Roubini