Vivek Ramaswamy, the biotech entrepreneur-turned-politician and outspoken advocate for cryptocurrency, is reportedly vying to take on another role as Ohio's governor. Ramaswamy plans to announce a bid for Ohio governor "shortly," a source close to Ra
The odds of US President-elect Donald Trump establishing a strategic Bitcoin reserve after taking office on Jan. 20 are soaring, at least on betting markets Kalshi and Polymarket.Bettors on Kalshi, a US derivatives exchange, set the probability of T
Jaime Lizárraga of the US Securities and Exchange Commission should be leaving the financial regulator as a new presidential administration prepares to take power.The SEC commissioner announced in November that he planned to step down on Jan. 17 from
Officials in Washington, DC, are planning for thousands of people to show up at the US Capitol Building for the inauguration of President-elect Donald Trump — setting up the infrastructure, preparing for protests and tightening security for elected o
Crypto investors are increasingly optimistic as they await the inauguration of US President-elect Donald Trump on Jan. 20, anticipating more innovation-friendly regulations in the world’s largest economy.Investors are also eagerly anticipating Paul A
OPENING CALLStock futures rose on Friday and both the Dow industrials and S&P 500 looked set for their largest weekly gain since the presidential election, when Donald Trump's victory sent stocks soaring.Among the gainers were chip makers and cryptoc
In a significant development for the ongoing discourse surrounding the digital asset sector, US Senator Cynthia Lummis (R-WY) has raised serious allegations against the Federal Deposit Insurance Corporation (FDIC). In a letter directed to FDIC Chair
Wyoming Senator Cynthia Lummis sent a letter to the Federal Deposit Insurance Corporation, claiming that whistleblowers informed her that the agency allegedly destroyed documents related to Operation Chokepoint 2.0.Lummis instructed the government ag
As rumors of the possible approval of Litecoin ETF widely spread, LTC price jumped by 18% over 24 hours to $118. Launched as an alternative for Bitcoin in 2011, the cryptocurrency draws much interest among analysts and investors alike.Canary Capital
Republican U.S. Senator Cynthia Lummis took aim at two federal agencies on behalf of the crypto industry this week, just days before the wide-reaching transition of the federal government when President-elect Donald Trump again takes office.Lummis wa
Wyoming Senator Cynthia Lummis sent a letter to the Federal Deposit Insurance Corporation (FDIC) claiming that whistleblowers informed her that the agency allegedly destroyed documents related to Operation Chokepoint 2.0.Lummis instructed the governm
Scott Bessent, US President-elect Donald Trump’s anticipated pick for the country’s Treasury secretary, faced Senators in a hearing to explain his positions on financial issues.In a Jan. 16 hearing of the US Senate Committee on Finance, Bessent respo
Crypto-supportive Sen. Cynthia Lummis is threatening criminal repercussions over allegations that the Federal Deposit Insurance Corporation is destroying digital asset-related materials.In a letter sent to the FDIC Chair Martin Gruenberg on Thursday,
A Litecoin exchange-traded fund has a high chance of becoming the next spot crypto ETF to be approved in the U.S., Bloomberg Senior ETF Analyst Eric Balchunas wrote on X Wednesday.The analyst’s comment follows Canary Capital’s submission of an amende
Texas state Senator Charles Schwertner has introduced a bill in the new legislative session to establish a strategic Bitcoin reserve in the Lone Star State. “It’s time for Texas to lead the way in establishing a Strategic Bitcoin Reserve,” the Republ
Arkansas lawmakers have introduced a new bill that would ban crypto mining operations within 30 miles of any US military facility in the state.Senate Bill (SB 60) was introduced by Senator Ricky Hill and House Speaker Brian Evans on Jan. 15, aiming t
By Elsa Ohlen and Janet H. ChoXRP price jumped to an all-time high Wednesday.The price of the popular altcoin, used to facilitate and settle transactions on the Ripple payment platform, soared 14% to $2.99 over the past 24 hours, beating its previous
On Jan. 20, 2025, the United States will start a new chapter in more ways than one. While the nation will be focused on President Trump's inauguration as our 47th President, the U.S. financial sector will be celebrating the resignation of Joe Biden's
The next few days and weeks are shaping up to be a whirlwind as the Trump administration returns to Washington, D.C. with plans to issue digital asset-related executive orders and as lawmakers are set to focus on crypto debanking. Multiple crypto org
Top Republican leads at the U.S. Securities and Exchange Commission are weighing whether to start a process that could lead to more clarity on how the agency views cryptocurrency and could decide to review pending enforcement cases, according to repo