Dogecoin’s once-upbeat trading crowd has been blindsided by an unlikely catalyst: an increasingly personal clash between two of the token’s highest-profile enthusiasts, Elon Musk and U.S. President Donald Trump. Such an obvious lie. So sad. https://t.co/sOu9vqMVfX — Elon Musk (@elonmusk) June 5, 2025 As their barbs ricocheted across X and Truth Social in recent days,…
Early Friday, X confirmed that crypto prediction market Polymarket will serve as its official prediction-market partner, an arrangement that marries real-time betting probabilities with the constant flow of posts across X. The deal arrives after Polymarket processed more than US$8 billion in wagers last year, even while blocking U.S. users, and aligns with Elon Musk’s…
U.S. President Donald Trump has amassed an estimated $1 billion from his ventures in cryptocurrency in just nine months, a June 5 report from Forbes reveals. Trump Brings In A Digital Fortune According to Forbes’ calculations published in the report on Thursday, Trump has made $1 billion since just before the election, lifting his net…
Eric Trump announced that World Liberty Financial, the DeFi platform linked to President Donald Trump and his family, will take a significant treasury stake in the Official TRUMP memecoin. He also confirmed that the controversial Trump-branded wallet recently unveiled by the team behind the memecoin would not continue development. Wallet project nixed The announcement comes…
Spot Ethereum (ETH) exchange-traded funds (ETFs) notched a 14-session streak of net inflows as of June 5, fueled by investment advisors and hedge fund managers. According to Bloomberg data shared by ETF Store CEO Nate Geraci, Ethereum ETFs since May 20 added roughly $812 million. This movement resulted in total net inflows of over $3…
The Tron network is seeing a disconnect between smart contract activity and TRX’s rising market value. The underlying asset, for its part, has climbed by more than 12% in the past month amidst a broader market recovery, and is currently trading at $0.275. As token prices surge, questions are surfacing about whether on-chain fundamentals still…
This week in crypto regulation, U.S. lawmakers and state officials drew attention across the digital asset sector with developments ranging from delayed disclosures and enforcement criticisms to landmark crypto-friendly legislation in California. The regulatory environment continues to evolve, sometimes sharply divided between federal hesitations and state-level innovation. Texas Congressman Slammed for Delayed Bitcoin Disclosure In…
US Senator Cynthia Lummis said the confirmation of Michelle “Miki” Bowman as Vice Chair for Supervision at the Federal Reserve marks a critical shift in the regulatory approach toward digital assets. According to Lummis, the appointment is a “turning point” for crypto policy, and she expects a “brighter future” for the industry ahead. The Senate…
Key Takeaways: The Federal Council approved automatic crypto-asset data exchange with 74 jurisdictions under OECD’s CARF, starting in 2027. The list includes EU states, the UK, and most G20 countries but excludes the U.S. and Saudi Arabia. Exchanges will only occur if partner countries meet reciprocity and compliance benchmarks. Switzerland’s Federal Council has approved a…
Korea’s new President, Lee Jae-myung, has appointed the CEO of Hashed Research, Kim Yong-beom, to be the Chief Policy Officer of Korea’s Presidential Office. Before leading Hashed Research, crypto fund Hashed’s think tank, Kim was the Vice Minister of Economy and Finance during the Moon Jae-in administration. In a previous interview with CoinDesk, Simon Kim,…